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News related to Property

US foreclosure figures tailing off, latest data suggests
2014-09-12 12:37:21 [Europe]
The foreclosure crisis is over in the United States but the distress caused by the housing bust is still lingering, according to the latest report from housing data firm RealtyTrac.Read full article: [US foreclosure figures tailing off, latest data suggests]
 
London and South East skewing average house price figures, latest index shows
2014-09-12 11:34:45 [Europe]
The average property price in England and Wales has reached £274,302 but this drops to £185,496 if London and the South East are removed, the latest monthly index shows.Read full article: [London and South East skewing average house price figures, latest index shows]
 
NLA calls for extension to PRS energy efficiency deadline
2014-09-12 10:31:52 [Europe]
The National Landlords Association (NLA) has warned the UK government to tread cautiously in introducing minimum energy efficiency requirements in the private rented sector (PRS).Read full article: [NLA calls for extension to PRS energy efficiency deadline]
 
House purchases rather than remortgages driving UK home lending market
2014-09-12 09:27:50 [Europe]
The mortgage market in the UK remains driven primarily by lending for house purchase, rather than remortgage, according to the latest data from the Council of Mortgage Lenders.Read full article: [House purchases rather than remortgages driving UK home lending market]
 
Finding the right home is most stressful part of buying, research has found
2014-09-12 06:25:06 [Europe]
Finding the right property is the most stressful aspect of the buying process for people in the UK, according to new research.Read full article: [Finding the right home is most stressful part of buying, research has found]
 
Activity in prime central London property market stable, says latest monthly report
2014-09-11 15:36:07 [Europe]
Activity across all prime price ranges in central London are stable although sales at the top end of the market are down, according to the latest estate agent research.Read full article: [Activity in prime central London property market stable, says latest monthly report]
 
New controls on the UK’s private rental market hailed is a flawed idea
2014-09-11 13:33:41 [Europe]
Home seekers would face higher rents and restricted choice if tenancy rent controls were introduced in the UK, it is claimed.Read full article: [New controls on the UK’s private rental market hailed is a flawed idea]
 
More than 50% of UK tenants have problems with landlords and letting agents
2014-09-11 10:27:49 [Europe]
Over half of UK tenants have problems with landlords and letting agents and two thirds don’t consider if their letting agent or landlord is licensed, new research has found.Read full article: [More than 50% of UK tenants have problems with landlords and letting agents]
 
Almost half of UK property owners have homes too big for their needs, research sugg
2014-09-11 09:25:11 [Europe]
Across the UK, 47% of privately owned households are Tumbleweeders who occupy homes that are too large for their needs, according to new research.Read full article: [Almost half of UK property owners have homes too big for their needs, research sugg]
 
Research reveals how little mortgage holders in UK know about their finances
2014-09-10 15:45:32 [Europe]
Almost half of all UK mortgage holders are unaware of their current mortgage rate and over a third are surprised to learn that if the base rate rises by just 1%, it could add £91 to the average UK variable mortgage payment.Read full article: [Research reveals how little mortgage holders in UK know about their finances]
 
Australian new home approvals at high levels, but uneven across states
2014-09-10 14:42:35 [Australasia]
New home approvals in Australia bounced back in July and remain at very high levels by historic standards, according to the latest figures from the Australian Bureau of Statistics (ABS).Read full article: [Australian new home approvals at high levels, but uneven across states]
 
Prime central London rental market in recovery mode
2014-09-10 12:39:49 [Europe]
The prime central London rental market continued its recovery in August as uncertainty surrounding next May’s general election turned more prospective buyers into tenants, a new report suggests.Read full article: [Prime central London rental market in recovery mode]
 
Almost a third of families move house to get kids into a good school
2014-09-10 10:37:22 [Europe]
Nearly a third of parents have moved house in England to be in the catchment area for a good school, new research shows.Read full article: [Almost a third of families move house to get kids into a good school]
 
Wear and tear is most misunderstood issue for tenants and landlords
2014-09-10 09:33:31 [Europe]
Fair wear and tear is the most misunderstood area of the whole renting process and agents and landlords still have unrealistic expectations centred on the deductions that can and cannot be made from the tenant deposit, it is claimed.Read full article: [Wear and tear is most misunderstood issue for tenants and landlords]
 
UK commercial property markets performance weaker in August
2014-09-09 15:02:06 [Europe]
All UK commercial property markets experienced a weaker performance in August 2014, according to the latest CBRE Monthly Index.Read full article: [UK commercial property markets performance weaker in August]
 
Growth in land prices slows in China as Bangkok, Jakarta and Phnom Penh power on
2014-09-09 13:07:26 [Asia]
Growth of prime land prices in China have slowed but other parts of Asia such as Bangkok, Jakarta and Phnom Penh are powering ahead, according to the latest index.Read full article: [Growth in land prices slows in China as Bangkok, Jakarta and Phnom Penh power on]
 
Research suggests many UK landlords don’t break even
2014-09-09 09:58:43 [Europe]
More than a quarter of landlords in the UK who let out a single property break even or run at a loss, according to new findings from the National Landlords Association (NLA).Read full article: [Research suggests many UK landlords don’t break even]
 
UK house prices up 3% on quarterly terms but prices growth is easing
2014-09-09 09:31:45 [Europe]
UK house prices were 3% higher in the three month period from June to August than in the three previous months, according to the latest index from the Halifax.Read full article: [UK house prices up 3% on quarterly terms but prices growth is easing]
 
Thousands of new homes in England stalled during housing crash get go ahead
2014-09-09 08:08:39 [Europe]
Work on nearly 13,000 homes stalled in England by the 2008 housing crash are set to be restarted with half a billion of government investment.Read full article: [Thousands of new homes in England stalled during housing crash get go ahead]
 
Prime property prices and sales in central London up in three months to August
2014-09-08 15:19:05 [Europe]
The average sale price of prime property in central London between June and August 2014 was £4.7 million, up from £3.7 million in the preceding three month period, the latest data shows.Read full article: [Prime property prices and sales in central London up in three months to August]
 
RICS set to play a growing role in growing Brazilian real estate markets
2014-09-08 12:10:00 [Latin America]
The Royal Institution of Chartered Surveyors has an important role in the real estate industry in Brazil as growth in the markets continues, it is claimed.Read full article: [RICS set to play a growing role in growing Brazilian real estate markets]
 
Survey suggests location is still vital when buying a home in the UK
2014-09-08 10:37:17 [Europe]
Everyone has heard of the phrase location, location, location, but new research reinforces that when it comes to selling a property it is indeed true.Read full article: [Survey suggests location is still vital when buying a home in the UK]
 
UK heading for further mortgage regulation due to EU directive
2014-09-08 09:18:50 [Europe]
The UK government has launched an eight week consultation period on incorporating new European regulations on mortgage lending which set common standards throughout the European Union.Read full article: [UK heading for further mortgage regulation due to EU directive]
 
Northern cities are more affordable for young professionals buying property
2014-09-05 15:44:38 [Europe]
Northern cities in the UK offer young professionals a much greater chance of getting on the housing ladder despite lower starting salaries, according to research from independent property firm Knight Frank.Read full article: [Northern cities are more affordable for young professionals buying property]
 
Strong economic growth in the US set to boost commercial real estate sectors
2014-09-05 15:24:40 [North America]
The strong rebound in economic growth in the United States during the second quarter of this year and ongoing job creation are gradually improving the outlook for all of the major commercial real estate sectors, it is claimed.Read full article: [Strong economic growth in the US set to boost commercial real estate sectors]
 
Thousands sign up for free property fraud alerts service in the UK
2014-09-05 14:57:22 [Europe]
Six months on from the launch of the UK Land Registry’s Property Alert service more than 12,000 people have signed up to the free service which provides an early warning of suspicious activity on someone’s property.Read full article: [Thousands sign up for free property fraud alerts service in the UK]
 
CML publishes lending manifesto ahead of UK general election
2014-09-05 10:32:09 [Europe]
The Council of Mortgage Lenders has published a manifesto examining the decisions and actions that lenders believe UK politians need to take in advance of the general election next year.
Read full article: [CML publishes lending manifesto ahead of UK general election]
 
UK landlords will find best rental yields in northern regions, it is claimed
2014-09-05 06:28:35 [Europe]
The North of England offers the best buy to let returns for landlords in the UK with central London at the bottom, according to new research.Read full article: [UK landlords will find best rental yields in northern regions, it is claimed]
 
Pending homes sales in the US rebound with all regions seeing gains
2014-09-04 17:16:27 [North America]
Pending home sales in the United States rebounded in July and have now risen in four of the last five months, according to the latest data from the National Association of Realtors.Read full article: [Pending homes sales in the US rebound with all regions seeing gains]
 
Over a third of British property value is found in London
2014-09-04 09:52:21 [Europe]
London makes up 35% of Britain’s property wealth in 2014 and is set to reach 40% of property value by 2017, according to new research.Read full article: [Over a third of British property value is found in London]
 
House planning applications surge as Help to Buy boosts new homes market
2014-09-04 09:09:22 [Europe]
The number of residential units for which planning has been approved across the UK has jumped by 41% over the last two years, new research shows.Read full article: [House planning applications surge as Help to Buy boosts new homes market]
 
UK pilot scheme on checking tenants immigration rights to launch in December
2014-09-04 08:33:50 [Europe]
The UK government has announced that the first pilot scheme for landlords to check the immigration status of prospective tenants will begin in December in the West Midlands.Read full article: [UK pilot scheme on checking tenants immigration rights to launch in December]
 
Northern Ireland sees significant house purchase and remortgage activity in Q2
2014-09-04 08:07:24 [Europe]
There has been significant house purchase and remortgage activity in Northern Ireland in the second quarter of 2014, according to the latest data from the Council of Mortgage Lenders.Read full article: [Northern Ireland sees significant house purchase and remortgage activity in Q2]
 
Holiday home owners urged to improve properties before selling
2014-09-03 16:31:05 [Europe]
Holiday home owners who ignore improvements, put off general repairs and don’t bother to update old décor risk are risking getting a much lower price should they decided to sell, it is claimed.Read full article: [Holiday home owners urged to improve properties before selling]
 
Office space demand in West Europe hits highest level since financial crisis
2014-09-03 14:09:20 [Europe]
The demand for office space across Western Europe has hit its highest level since the financial crisis, according to the latest research from global real estate advisor CBRE.Read full article: [Office space demand in West Europe hits highest level since financial crisis]
 
Australian property prices see strongest winter gains since 2007
2014-09-03 12:58:47 [Australasia]
Residential property prices in Australian capital cities increased by 4.2% over the three months to the end of August, the strongest capital gain over the three months of winter since 2007.Read full article: [Australian property prices see strongest winter gains since 2007]
 
Range of affordable estates in Scotland set to attract younger buyers
2014-09-03 10:54:48 [Europe]
The range of estates for sale in Scotland could herald a new generation of owners as they become more affordable, it is claimed.Read full article: [Range of affordable estates in Scotland set to attract younger buyers]
 
Buy to let landlords prefer expanding portfolios with perfect condition properties
2014-09-03 09:51:54 [Europe]
Two in three landlords in the UK opt for properties in perfect condition when expanding their property portfolio but they are paying a premium to do so, it is claimed.Read full article: [Buy to let landlords prefer expanding portfolios with perfect condition properties]
 
Help to Buy working well, says UK Chancellor
2014-09-02 20:40:48 [Europe]
In the first 16 months of the UK governments flagship Help to Buy equity loan and mortgage guarantee schemes some 48,000 properties were bought with the majority going to first time buyers.Read full article: [Help to Buy working well, says UK Chancellor]
 
Number of US home owners in negative equity continues to fall
2014-09-02 12:00:55 [North America]
Some 17% of home owners in the United States with mortgages were still underwater in the second quarter of this year despite home values rising steadily.Read full article: [Number of US home owners in negative equity continues to fall]
 
City of London becoming a hub for luxury new homes, research suggests
2014-09-02 11:38:05 [Europe]
High end residential development and values in the City of London are booming and catching up with the West End but Docklands is lagging behind, according to a new analysis.Read full article: [City of London becoming a hub for luxury new homes, research suggests]
 
Only one district in England has truly affordable house prices, research suggests
2014-09-02 09:31:46 [Europe]
Copeland in the Lake District is the last local authority area left in England where the average house price is less than three times the average annual salary, according to a new analysis.Read full article: [Only one district in England has truly affordable house prices, research suggests]
 
More than half of UK home owners concerned about a 1% rise in interest rates
2014-09-02 08:05:49 [Europe]
Over 50% of UK home owners believe an interest rise of 1% would have a negative effect on their finances, new research has found.Read full article: [More than half of UK home owners concerned about a 1% rise in interest rates]
 
New homes in Hong Kong driving the market forward as developers offer deals
2014-09-01 15:19:54 [Asia]
Demand for new mass residential units are the key driver of Hong Kong’s residential market at present with sales of other homes slowing, according to the latest monthly research report.Read full article: [New homes in Hong Kong driving the market forward as developers offer deals]
 
Home lending in Scotland robust in second quarter of 2014, says latest CML report
2014-09-01 12:38:48 [Europe]
Mortgage lending in Scotland is being driven primarily by lending for house purchases, with remortgage activity showing a year on year decline, according to the latest figures from the Council of Mortgage Lenders.Read full article: [Home lending in Scotland robust in second quarter of 2014, says latest CML report]
 
Latest index provides further evidence of UK property market slowdown
2014-09-01 11:38:20 [Europe]
There is further evidence that house price increases in parts of the UK are cooling with the latest index showing growth of just 0.1% in England and Wales in August.Read full article: [Latest index provides further evidence of UK property market slowdown]
 
US residential property sales slowing, latest data shows
2014-09-01 09:06:12 [North America]
Residential property sales in the US are slowing with the latest data showing the annual pace of sales fell 3% in July compared with the previous month.
Read full article: [US residential property sales slowing, latest data shows]
 
Changing households in London see housing values grow in east of city
2014-09-01 08:31:12 [Europe]
The total value of residential property in eastern boroughs of central London has grown faster than any other area of the capital, according to new research.Read full article: [Changing households in London see housing values grow in east of city]
 
New home sales in Australia down by almost 6% last month
2014-08-29 16:25:24 [Australasia]
New residential property sales in Australia fell by 5.7% in July and are down 3.5% on a quarterly basis, according to the latest new homes index from the Housing Industry Association.Read full article: [New home sales in Australia down by almost 6% last month]
 
Average prices in England and Wales up 1.7% last month
2014-08-29 16:12:06 [Europe]
Average house prices in England and Wales increased 1.7% last month compared with June to reach £175,653, according to the latest official data from the Land Registry.Read full article: [Average prices in England and Wales up 1.7% last month]
 



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