Headlines
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
More higher priced homes sold in New Zealand last year
The number of properties sold around New Zealand for a million dollars or more during 2018 increased by 4.5% when compared to 2017, new figures show. But at 10,615 this was down significantly on... Read more
Hundreds of tower blocks in England still have cladding that does not meet regulations
Hundreds of high rise blocks in England still have cladding systems that are unlikely to meet building regulations in the aftermath of the deadly Grenfell tower fire, official figures show. They... Read more
London’s Olympic Park to get two new neighbourhoods with over 1,500 new homes
Two new neighbourhoods will be built at London's Queen Elizabeth Olympic Park following a funding injection from Homes England, the Government's housing delivery agency,’ it has been... Read more
Survey reveals how home owners fail to budget properly for improvements
Almost two thirds of people in Britain overspend when it comes to home improvements and DIY, usually because they have not budgeted for the work, new research has found. Overall 65% said they... Read more
UK
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... 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