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News related to Property

New powers for Bank of England regarding Help to Buy scheme welcomed
2014-10-02 09:18:09 [Europe]
The Royal Institution of Chartered Surveyors (RICS) has welcomed a move to give further powers to the Bank of England to manage property’s role in the country’s economy.Read full article: [New powers for Bank of England regarding Help to Buy scheme welcomed]
 
Research shows UK mortgage holders think they will struggle with interest rises
2014-10-02 08:27:26 [Europe]
One in five mortgage holders in the UK have said they would really struggle to find the extra money to cover any increase in repayments, new research has found.Read full article: [Research shows UK mortgage holders think they will struggle with interest rises]
 
Leading global cities set to see double digit office rental growth in next five years
2014-10-01 11:03:04 [Global News]
Rising new technology industries and economic recovery are set to drive double digit office rental growth in the 15 leading global cities over the next five years, according to a new report by Knight Frank.Read full article: [Leading global cities set to see double digit office rental growth in next five years]
 
UK govt already agreed to buy over 350 properties affected by high speed rail link
2014-10-01 06:32:10 [Europe]
The UK government has now agreed to buy over 350 properties along the route of the new High Speed rail link from London to Birmingham.Read full article: [UK govt already agreed to buy over 350 properties affected by high speed rail link]
 
UK landlords predict slower annual rent rises
2014-10-01 06:29:14 [Europe]
Landlords in the UK expect rent rises to slow over the next 12 months to below the target rate of inflation, according to a the latest survey from lettings agent network Your Move and Reeds Rains.Read full article: [UK landlords predict slower annual rent rises]
 
Property prices in Ireland up almost 15% in last year
2014-10-01 06:23:56 [Europe]
Residential property prices in Ireland have increased by almost 15% in the last 12 months, according to the latest data from the Office of National Statistics.Read full article: [Property prices in Ireland up almost 15% in last year]
 
US pending home sales fall slightly, latest NAR data shows
2014-09-30 14:50:48 [North America]
Pending home sales in the United States slowed modestly in August but contract signings remain at their second highest level over the past year, according to the latest data from the National Association of Realtors.Read full article: [US pending home sales fall slightly, latest NAR data shows]
 
Prime house price growth in London slows as buyers lack urgency
2014-09-30 13:05:58 [Europe]
Price growth in London’s prime residential markets has continued to slow over the past three months as buyers are in less of a rush, new research suggests.Read full article: [Prime house price growth in London slows as buyers lack urgency]
 
Many aspiring home buyers in the UK facing uphill struggle to save a deposit
2014-09-30 10:43:50 [Europe]
Over a third of aspiring first time buyers in the UK have given up hope of ever being able to raise a deposit to buy a home, new research has found.Read full article: [Many aspiring home buyers in the UK facing uphill struggle to save a deposit]
 
UK house price fall after 16 monthly rises in a row
2014-09-30 09:03:46 [Europe]
UK house prices fell by 0.2% in September, following 16 consecutive monthly price rises but the picture on a quarterly basis is still relatively strong.Read full article: [UK house price fall after 16 monthly rises in a row]
 
Agents report rush of business in Scotland after referendum vote
2014-09-30 08:30:21 [Europe]
Scotland has seen renewed activity in the residential real estate market in the weeks after the historic referendum vote.Read full article: [Agents report rush of business in Scotland after referendum vote]
 
London’s Midtown saw highest levels of commercial rental growth in first half of year
2014-09-29 16:49:05 [Europe]
Midtown experienced the highest levels of rental growth of any central London office market in the first half of 2014, according to new research by IPD and Farebrother.Read full article: [London’s Midtown saw highest levels of commercial rental growth in first half of year]
 
Latest data from UK estate agents shows younger buyers priced out of market
2014-09-29 14:17:19 [Europe]
People aged in their thirties are dominating the first time buyer market in the UK with those who are younger prices out of the market, according to a new report from the National Association of Real Estate Agents (NAEA).Read full article: [Latest data from UK estate agents shows younger buyers priced out of market]
 
Low cost rental property programme launched in the UK
2014-09-29 09:11:28 [Europe]
A new pioneering £400 million programme has been launched in the UK to boost the building of new affordable rental homes available at below market rates.Read full article: [Low cost rental property programme launched in the UK]
 
Almost two thirds of tenants think they will never be able to buy a home
2014-09-29 08:16:25 [Europe]
Nearly two thirds of tenants in private rental accommodation in the UK believe they will never be able to buy a home of their own, according to new research.Read full article: [Almost two thirds of tenants think they will never be able to buy a home]
 
Average House prices in England and Wales up 8.4% year on year
2014-09-26 16:58:31 [Europe]
Average house price in England and Wales increased 1% in August to reach £177,824, according to the latest index from the Land Registry.Read full article: [Average House prices in England and Wales up 8.4% year on year]
 
London’s Mayfair once again becoming top prime market
2014-09-26 16:26:43 [Europe]
Mayfair has not always justified its status as the premier address on the London Monopoly board but it is now on track to be a prestigious location again.
Read full article: [London’s Mayfair once again becoming top prime market]
 
Latest Help Buy figures show over 50,000 have bought new homes in England
2014-09-26 10:55:06 [Europe]
Almost 53,000 households have bought a home in England through the government’s flagship Help to Buy scheme, according to the latest figures to be released.Read full article: [Latest Help Buy figures show over 50,000 have bought new homes in England]
 
Homes in England near top performing schools cost an average of 16.6% more
2014-09-26 09:51:53 [Europe]
The average value of a home within a mile of one the top 50 best performing schools in England is 16.6% higher than average values in the surrounding local authority area, new research shows.
Read full article: [Homes in England near top performing schools cost an average of 16.6% more]
 
Studies show more people in UK planning to downsize to fund retirement
2014-09-26 06:48:09 [Europe]
Some 12% of the UK’s retired population are planning to downsize their property within the next five years, potentially unlocking an estimated £136.5 billion of housing equity in the process.
Read full article: [Studies show more people in UK planning to downsize to fund retirement]
 
Dubai to introduce new measures to ensure broker transparency
2014-09-25 12:00:23 [Middle East]
New measures are being introduced in Dubai next year to make sure hundreds of new real estate brokers are monitored.Read full article: [Dubai to introduce new measures to ensure broker transparency]
 
Lawyers warning over complexity of right to buy land proposals in Scotland
2014-09-25 11:52:27 [Europe]
Plans to empower Scottish communities who want to register an interest in land in towns and cities could backfire due to the complexity of proposed changes to the law, it is claimed.Read full article: [Lawyers warning over complexity of right to buy land proposals in Scotland]
 
UK letting agents report increasing demand for rental properties
2014-09-25 10:22:15 [Europe]
People in the UK looking to rent a home face fierce competition for privately rented residential property as demand increases and supply contracts, according the Association of Residential Letting Agents (ARLA).Read full article: [UK letting agents report increasing demand for rental properties]
 
Survey reveals extent of UK residential tenant fears over maintenance issues
2014-09-25 07:23:08 [Europe]
One in five tenants in the UK has been evicted by their landlord or agent for complaining about problems, such as faulty boilers and leaking roofs, it is claimed.
 
Read full article: [Survey reveals extent of UK residential tenant fears over maintenance issues]
 
Demand for new properties in Miami impacts on existing home market
2014-09-24 14:02:01 [North America]
Demand for new construction properties continued to impact the Miami existing real estate market in August as reflected by sales activity, prices, and rising inventory, according to the latest report from the Miami Association of Realtors.Read full article: [Demand for new properties in Miami impacts on existing home market]
 
Bidders announced for new fast track housing developments in London
2014-09-24 12:57:57 [Europe]
The Mayor of London has selected preferred bidders for two sites owned by the Greater London Authority (GLA) to fast track the creation of more than 1,200 new high quality homes.Read full article: [Bidders announced for new fast track housing developments in London]
 
Under 35s pay thousands more for housing than pensioners in England and Wales
2014-09-24 11:53:24 [Europe]
A soaring divide in housing means older people pay just a fraction of the money towards housing that younger people in England and Wales, new research shows.Read full article: [Under 35s pay thousands more for housing than pensioners in England and Wales]
 
Referendum waiting game pushes rents to all-time peak in Scotland
2014-09-24 09:50:56 [Europe]
The Scottish independence referendum contributed to the recent rise in rents to a new record high of £537 per month, up 2.7% in the last 12 months, the latest index shows.Read full article: [Referendum waiting game pushes rents to all-time peak in Scotland]
 
Property sales in UK down 1.7%, says latest seasonally adjusted figures
2014-09-24 08:46:56 [Europe]
Property sales in the UK fell by 1.7% between July and August but were 8.4% higher than a year ago, according to the latest seasonally adjust figures from HMRC.Read full article: [Property sales in UK down 1.7%, says latest seasonally adjusted figures]
 
Spanish property sales now regarded as stable as they increase five months in a row
2014-09-23 15:01:21 [Europe]
Year on year property sales in Spain have increased for five months in a row, signalling that the residential real estate market is becoming more stable.Read full article: [Spanish property sales now regarded as stable as they increase five months in a row]
 
A mansion tax in the UK would mostly affect owners in London and South East
2014-09-23 14:36:51 [Europe]
The announcement by the UK’s Shadow Chancellor that the Labour Party will impose a mansion tax on homes over £2 million will put a heavy burden on home owners in London and the South East.Read full article: [A mansion tax in the UK would mostly affect owners in London and South East]
 
Expectations for future house price growth in the UK eases to 13 month low
2014-09-23 13:32:18 [Europe]
Home owners in the UK still perceive that the value of their home increased in September but at the slowest rate for eight months, the latest property market sentiment index shows.Read full article: [Expectations for future house price growth in the UK eases to 13 month low]
 
Flat prices have risen the most in the UK in last 10 years, new research shows
2014-09-23 09:13:39 [Europe]
Flats prices in the UK have risen by more than twice the average for all properties in the last decade but most of the growth is down to increases in London, new research shows.Read full article: [Flat prices have risen the most in the UK in last 10 years, new research shows]
 
UK govt announces new deals for private rented sector
2014-09-23 07:55:56 [Europe]
Tenants renting privately in the UK will get a better, fairer deal under measures announced by Housing Minister Brandon Lewis.Read full article: [UK govt announces new deals for private rented sector]
 
UK continues to see average property prices grow, but biggest rise still in London
2014-09-22 12:44:09 [Europe]
Average UK property price growth remains strong across the country, up 8.9% annually to £206,578, according to the latest monthly index.Read full article: [UK continues to see average property prices grow, but biggest rise still in London]
 
Rent rises in England and Wales slowing but reach record high
2014-09-22 10:16:46 [Europe]
Residential rents have eased across England and Wales, slowly up to reach an all-time record high as the rental market approaches its autumn peak, according to the latest buy to let inRead full article: [Rent rises in England and Wales slowing but reach record high]
 
Referendum decision set to boost Scotland’s commercial property markets
2014-09-22 07:29:54 [Europe]
The No vote in the Scottish referendum has lifted an uncertainty for commercial property markets for businesses on both sides of the border, according to real estate firms.
Read full article: [Referendum decision set to boost Scotland’s commercial property markets]
 
Property industry says Scotland No vote will bring renewed enthusiasm
2014-09-19 17:40:57 [Europe]
Scotland’s property market is likely to see renewed enthusiasm and a rise in prices in sales after the historic referendum vote which saw independence rejected.
Read full article: [Property industry says Scotland No vote will bring renewed enthusiasm]
 
Canadian prices expected to rise 5.9% this year but only 0.7% in 2015
2014-09-19 11:03:43 [Europe]
The national average home price in Canada is now projected to rise by 5.9% to $405,000 in 2014 and a further 0.7% in 2015, according to the latest forecast.Read full article: [Canadian prices expected to rise 5.9% this year but only 0.7% in 2015]
 
New report warns only well-off will be able to afford to buy a home in the UK
2014-09-19 10:01:24 [Europe]
Only the wealthiest of the next generation will be able to buy a home if current trends continue in the UK, according to a new report from the National Housing Federation.Read full article: [New report warns only well-off will be able to afford to buy a home in the UK]
 
Majority of UK tenants rent as they can’t afford to buy, new research reveals
2014-09-19 08:55:36 [Europe]
Almost 60% of tenants in the UK rent because they are priced out of the housing market but generally they have a positive relationship with their landlords, new research shows.Read full article: [Majority of UK tenants rent as they can’t afford to buy, new research reveals]
 
New home lending remains steady in Australia
2014-09-18 07:54:43 [Australasia]
New home lending activity in Australia remained healthy at the start of the new financial year, according to the latest data from the Australian Bureau of Statistics.Read full article: [New home lending remains steady in Australia]
 
Annual UK residential valuation activity cooled last month, latest research shows
2014-09-18 07:52:17 [Europe]
UK housing market valuation activity increased 13% on a monthly basis in August but down 4% compared with a year ago, according to the latest analysis.Read full article: [Annual UK residential valuation activity cooled last month, latest research shows]
 
Europe continues to see weakest house price growth among global markets
2014-09-18 07:49:37 [Global News]
More countries recorded a rise in house prices in the year to June than at any point since the start of the global financial crisis but Europe’s mainstream housing market is still lagging behind.Read full article: [Europe continues to see weakest house price growth among global markets]
 
English landlords enjoying a booming rental market, says new research
2014-09-18 07:46:04 [Europe]
Landlords in England are witnessing a booming rental market, with earnings from rental payments in excess of £32 billion per year or almost £2.7 billion per month, according to new research.Read full article: [English landlords enjoying a booming rental market, says new research]
 
Property prices in Ireland up 13.4% year on year
2014-09-18 07:25:54 [Europe]
National residential property prices in Ireland increased by 13.4% in the year to July, according to the latest figures from the Office of National Statistics.Read full article: [Property prices in Ireland up 13.4% year on year]
 
Waterfront homes in the US command massive premiums, research shows
2014-09-17 15:04:52 [North America]
A typical oceanfront or lakefront family home in the United States is worth more than double the median value of all homes, and in some locations 10 or more times, new research shows.Read full article: [Waterfront homes in the US command massive premiums, research shows]
 
RICS sets out bold new vision for UK property market
2014-09-17 11:59:28 [Europe]
The Royal Institution of Chartered Surveyors has proposed a new solution to solve the UK's chronic housing shortage including the introduction of a new land classification.Read full article: [RICS sets out bold new vision for UK property market]
 
New mortgage regulations hitting buyers with dependents and low incomes the most
2014-09-17 10:55:42 [Europe]
Borrowers in the UK with dependents and on low incomes seeking a mortgage to buy a home have been the hardest hit by the new MMR regulations introduced earlier this year, new research shows.Read full article: [New mortgage regulations hitting buyers with dependents and low incomes the most]
 
UK house prices still rising but could be affected by Scot vote and 2015 election
2014-09-17 05:52:41 [Europe]
House prices continues to rise across the UK in August but the vote in Scotland on independence is likely to have an effect along with next year’s general election.Read full article: [UK house prices still rising but could be affected by Scot vote and 2015 election]
 



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