PropertyWire - UK & International Property News Service

Headlines

First study of its kind says London needs £4.9 billion a year for affordable homes

A landmark report has found that some £4.9 billion a year is needed to deliver affordable homes in London, seven times more than the capital currently receives. The figures come from a new... Read more

UK 25th June 2019

Poll finds lack of knowledge among landlords on lettings sector reforms

Many landlords in the UK are struggling to keep pace with new legislative and regulatory reforms that have been introduced in the past year, according...

UK 25th June 2019

Council house building in England at highest level since 1990

Owning a housing or property company is helping councils in England to build more homes, a new report has found, leading to building reaching its high...

UK 25th June 2019

Wales named as most affordable region in the UK to rent a home

Wales is the most affordable region in the UK for renting a property and London the most unaffordable, according to new research which looks at the pe...

UK 25th June 2019

Land agent hits out at planning delays on smaller developments

Planning delays of over a year are forcing individual, small site building projects to be abandoned, and slowing UK development overall, according to ...

UK 24th June 2019

Property sales fell substantially in May on an monthly and annual basis

Property sales in the UK have fallen substantially, according to the latest seasonally adjusted figures published by HMRC which collects the property ...

UK 24th June 2019

Home buying schemes in Scotland exceed original commitment

More than 30,000 households have been helped to buy their home through Scottish Government support schemes since 2007, the latest official figures sho...

UK 24th June 2019

Call for right to rent policy to be scrapped in the UK

The next British Prime Minister is being urged to scrap the controversial Right to Rent scheme, with a coalition of organisations pointing out that th...

North America 24th June 2019

Property sales in the US crept up again in May, prices still rising

Existing home sales in the United States rebounded in May, up by 2.5% month on month and the first increase in two months, according to the latest ind...

UK 24th June 2019

Mayor steps in to get more affordable homes built in London

The number of affordable homes in London got a significant boost when the Mayor intervened to more than triple the number being built on a new develop...

UK 21st June 2019

Student housing, build to rent and retirement homes sectors set to grow

The value for student housing, build to rent and retirement housing in the UK is set to quadruple in the UK, reaching a combined worth of £880 billio...

UK 21st June 2019

London sees surge in number of US buyers

There has been a substantial increase in the number of buyers from the United States in London and they spending an average £7.3 million, a new analy...

UK 21st June 2019

Bristol named as city with highest level of tenant demand in the UK

Bristol has highest level of tenant demand of all UK cities at 50%, followed by Newport in Wales with a demand score of 39%, while Nottingham, Plymout...

Opinion

It is not all bad news for London’s property markets

There is a general perception that London has been hard hit in recent years with prices rising too much for many buyers and foreign investors not interested because of Brexit but this is changing. Well it cannot be argued that the market has not... Read more

Never mind Brexit, it is older home owners that hold the market in their hands

There have been quite a few pointers to the fact that the UK economy is not doing badly considering all the political upheaval the country has been facing and the same can be said of the housing market. There are some interesting figures in the... Read more

When it comes to rent it is all about the local market

The rental market in the UK seems up and down at the moment and very much dependant on location with some figures showing rents rising, and others that they are falling. It is all part of the general movements in the market and the question... Read more

Inquiry into how much new housing will be affordable to rent overdue

At last we might get some insight into the kind of homes that are going to be built as construction aims to accelerate to meet the Government's target of 300,000 by the mid 2020s in England. The move is long overdue. It has always seemed like a... Read more

Property market is a bit like the roll of dice

Observing property prices is an interesting game, not least because at the moment they are all over the place. In the UK, for example, so much depends on local demand and supply. So it was fascinating to look at the figures from the latest Knight... Read more

Investigation sends hope for owners with toxic leaseholds

Toxic leaseholds are to be investigated by the Competition and Markets Authority (CMA) and it is being claimed that it could be the property world's version of PPI in terms of mis-selling. It is certainly good news. Who could not have felt... Read more

The B effect is still there in the background

Brexit uncertainty is continuing to be a constraint on the UK residential property market, according to the latest monthly survey from the Royal Institution of Chartered Surveyors, but not all indicators are agreeing with this. RICS says that new... Read more

Planning is the horcrux that is haunting the new home building industry

It has long been indicted that the Government target of 300,000 new homes a year by the middle of the 2020s is going to be a hard one to meet and now there is even more evidence suggesting this is the case. It is not just about getting the land... Read more

Ray Clancy

Headlines

First study of its kind says London needs £4.9 billion a year for affordable homes

Poll finds lack of knowledge among landlords on lettings sector reforms

Council house building in England at highest level since 1990

Wales named as most affordable region in the UK to rent a home

Land agent hits out at planning delays on smaller developments

Property sales fell substantially in May on an monthly and annual basis

Home buying schemes in Scotland exceed original commitment

Call for right to rent policy to be scrapped in the UK

Property sales in the US crept up again in May, prices still rising

Mayor steps in to get more affordable homes built in London

Student housing, build to rent and retirement homes sectors set to grow

London sees surge in number of US buyers

Bristol named as city with highest level of tenant demand in the UK

Opinion

It is not all bad news for London’s property markets

Never mind Brexit, it is older home owners that hold the market in their hands

When it comes to rent it is all about the local market

Inquiry into how much new housing will be affordable to rent overdue

Property market is a bit like the roll of dice

Investigation sends hope for owners with toxic leaseholds

The B effect is still there in the background

Planning is the horcrux that is haunting the new home building industry

Interviews

Industry Interview: Viewber

Industry Interview: RentalStep

Industry Interview: CapitalRise

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Monaco International Luxury Property Expo 2019

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Finance

Research into millennials plans shows a third are saving for a home deposit

Number of interest only mortgages continue to fall, latest industry data shows

Company News

Savills acquires Cluttons Middle East real estate business