Headlines
Sales increased month on month in Canada in January but are below a year ago
Property sales on a national level increased in Canada in January 2019 month on month but they remained below levels recorded one year ago, the latest index shows. Overall sales increased by 3.6%... Read more
New test shows that councils in England are not providing enough homes
A third of councils in England are failing to tackle the housing crisis as they are not delivering the new homes needed and could face sanctions, official figures show. The data from the Ministry... Read more
Cash buyers pay less on average for a home in Britain, study has found
People in Britain who buy a home with a mortgage pay on average 9% more than those paying with cash, new research has found. The study from finance specialist One77 Mortgages looked at the average... Read more
Mayor of London calls for leasehold reform at launch of new guide for owners
The Mayor of London has launched a new guide to help leaseholders and called on Ministers to speed up an overhaul of the system of leasehold for home buyers in the capital. An estimated third of... Read more
Future buyers born in 2019 face paying over £1.2 million for their first home
People born today are set to have to pay £1.2 million for their first home in the UK at the age of 34, and £4.5 million if they live in London, new research has found. The study from letting and... Read more
UK
New test shows that councils in England are not providing enough homes
A third of councils in England are failing to tackle the housing crisis as they are not delivering the new homes needed and could face sanctions,... 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
Sales increased month on month in Canada in January but are below a year ago
Property sales on a national level increased in Canada in January 2019 month on month but they remained below levels recorded one year ago, 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
Monaco International Luxury Property Expo 2019
The Monaco International Luxury Property Expo 2019, the world’s central B2C exhibition for upscale international real estate, will be held 15-16 May 2019 at the Grimaldi Forum in Monaco. Exhibitors include upmarket property developers and real... Read more
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