Headlines
Report says 45,000 new homes could be built on empty sites in UK town and city centres
There is around eight million square meters of vacant space in town and city centres across the UK, a third of which could be used to deliver 45,000 new homes, according to a new report. The... Read more
Property investors from around the world buying in the UK despite Brexit
Well off property investors from around the world are not put off buying property in the UK because of Brexit, new research suggests. Indeed some 85% are currently investing in British property... Read more
Number of first time buyers reached 12 year high in 2018
The number of people buying their first home reached a 12 year high in the UK in 2018 with 370,000 getting a mortgage for the first time, the latest industry figures show. Overall the number... Read more
Government backs plans to create new 10,000 homes on public sector land in next five years
Plans for public sector land in England to be developed which could see the creation of 10,000 new homes on more than 100 sites across the country, have been revealed. One Public Estate programme... Read more
Older home owners don’t want to downsize as they cherish their memories, poll suggests
Over half of older home owners in Britain say that they cannot see themselves moving out of their property and downsize as they want to hold onto happy memories. Research has found that 55% of... Read more
UK
Report says 45,000 new homes could be built on empty sites in UK town and city centres
There is around eight million square meters of vacant space in town and city centres across the UK, a third of which could be used to deliver 45,000... Read more
Global News
London is top city for commercial real estate investment in the world
London is still the world’s top destination for investment in commercial real estate despite ongoing uncertainty about Brexit, well above both... Read more
Asia-Pacific
Building approvals fall significantly in Australia, back to 2013 levels, official data shows
Building approvals in Australia have reached their lowest for five years, down 23.7% in the final quarter of 2018, new figures show. This was led... Read more
Europe
Office rents set to rise in key cities across Europe
Office rents are predicted to increase year on year by an average of 3.4% across Europe in 2019, boosted by low unemployment levels and lack of prime... Read more
North America
Record number of prime property sales completed in South Florida last year
The luxury property market in South Florida, popular with buyers from around the United States, is recovering with a record number of sales at the... Read more
Middle East
Property market in Dubai hit by over supply bringing down prices
Property prices in Dubai fell significantly in 2018 with slowing global growth and over supply affecting the residential housing markets, according... Read more
Sponsored Features
Property Investor Survey 2019: Have your say on the UK property market
Forecasts for the UK property market have varied greatly over recent months with economic uncertainty caused by the Brexit deadlock within Government raising questions as to how the real estate sector will fare in the year ahead. To cut through... Read more
MFS completes £5.2 million bridging loan deal
Mayfair based bridging lender Market Financial Solutions has announced that it has closed a ‘standout’ bridging deal, issuing a £5.2 million loan for an offshore client. A new broker approached MFS on behalf of a client who required funds... Read more
Slough could be a new property investment hotspot
Affordability, improved transport links and a £1 billion regeneration project over the next 15 years are set to combine to make Slough in the South East of England a new property investment hotspot. For example, property price growth could reach... Read more
All change for HMO licensing rules
The British Government has introduced new rules regarding licensing of houses in multiple occupation (HMO) that will mean a substantially higher number of properties will require a licence. From 01 October 2018, an HMO licence will be needed for... Read more
Landlords can combat fees ban costs by exploring alternatives
Following the recent announcement that the Tenants' Fees Bill has started its formal journey through Parliament, a PropTech startup is advising landlords to think seriously about how it could affect their profits. RentalStep says that landlords... Read more
Landlords concerned about tax change could look to short lettings
There are concerns that tax relief changes on buy to let mortgages may leave some UK landlords struggling to maintain their yields. One possible opportunity is for them to look at is increasing their returns via the short lettings market for... Read more
Introduction of reservation agreements for buyers and sellers gaining support
As the estate agency business in England moves towards being more robust with professional qualifications and higher standards being introduced there are calls for compulsory reservation agreements to be introduced. The British Government has... Read more
Rapid modernisation boosts potential of online property auctions
Buying a property at an auction in Britain used to be regarded as a risky business but the whole process is now very much in the 21st century, having undergone a rapid modernisation. Digital innovation means that auctions are no longer a last... Read more