PropertyWire - UK & International Property News Service

Headline

UK property prices set to fall this year but pick up gradually from 2020 onwards

The UK housing market has slowed significantly in recent years, particularly in London and the South East where price growth is predicted to be negative in 2019, according to a new analysis. But... Read more

UK 23rd July 2019

Short term lets in Scotland could be heading for licensing or registration

Over regulation of short term let accommodation in non-problem areas of rural Scotland could pose a risk to rural tourism, it is suggested. Short t...

Finance, UK 23rd July 2019

Proposals to help people trapped in their mortgages are not sufficient, says industry body

The Financial Conduct Authority (FCA) and the Government should consider alternative means of protecting borrowers who remain unable to switch mortgag...

UK 23rd July 2019

Film industry boosting short term lettings in prime locations

Landlords in London and the Home Counties have been cashing in with short term letting to the film industry, a new report has found. The number of ...

North America 23rd July 2019

Rents rise in the US as home value growth slows, latest index shows

Residential rents in the United States grew for the ninth month in a row in June and are now up 3% year on year, taking the median monthly rent to $1,...

UK 22nd July 2019

Lettings sector criticises rent control plans for London

Plans by the Mayor of London to reform the lettings sector in the capital have been largely welcomed but his determination to introduce rent controls ...

UK 22nd July 2019

Developers told to plant more trees and protect wildlife

Developers have been ordered to plant more trees, do more to protect Britain’s wildlife and use innovative ways of addressing ecological issues. ...

UK 22nd July 2019

Average new let rent up by over 3% in year to June 2019

The average cost of a new let in Britain increased by 3.1% to £986 per calendar month in June, driven by rising rents in the South of England, accord...

Finance, UK 22nd July 2019

Equity release market growth slowed in first six months of 2019

Growth in the equity release market in the UK has slowed with the volume and value of equity released showing relatively modest growth in the first ha...

UK 22nd July 2019

London estate agency fined for breach of customer personal data

The Information Commissioner’s Office (ICO) has fined a London estate agency £80,000 for leaving 18,610 customers' personal data exposed for almost...

UK 19th July 2019

Asking rents reach record high as demand rises in private rented sector

Demand from tenants looking for a new home in the UK increased 7% between May and June, an uplift seven times bigger when compared to the previous fou...

UK 19th July 2019

Latest snapshot shows most people in England own their own home

Owner occupation is the most prevalent tenure in England and more own their home outright rather than having a mortgage, the latest snapshot of the ho...

UK 19th July 2019

Changes to possession rules could result in landlords being more selective

Plans to change the way landlords in the private rented sector can repossess properties will result in landlords and agents being more selective about...

Opinion

It is summer but the winter of discontent is just round the corner

It would appear that the summer slowdown is well on its way with asking prices and the number of homes coming to the market falling. But there are signs that it is more than this. On the one hand there are those arguing that the market has been... Read more

Beware of what you wish for in terms of Government housing market policy

Those fed up with current Government policy on housing should not rush to wish for regime change as some of the ideas coming from the opposition do not make brilliant reading. In its latest pronouncements on future housing market policy the... Read more

Let’s not blame fees ban for poorer performing buy to let sectors

The tenant fees ban which came into force in England a month ago could prove to be a headache for landlords for the next two to three years, it is claimed while a new analysis suggests that tenant applications are being rejected. Not good news... Read more

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

Ray Clancy

Headline

UK property prices set to fall this year but pick up gradually from 2020 onwards

Short term lets in Scotland could be heading for licensing or registration

Proposals to help people trapped in their mortgages are not sufficient, says industry body

Film industry boosting short term lettings in prime locations

Rents rise in the US as home value growth slows, latest index shows

Lettings sector criticises rent control plans for London

Developers told to plant more trees and protect wildlife

Average new let rent up by over 3% in year to June 2019

Equity release market growth slowed in first six months of 2019

London estate agency fined for breach of customer personal data

Asking rents reach record high as demand rises in private rented sector

Latest snapshot shows most people in England own their own home

Changes to possession rules could result in landlords being more selective

Opinion

It is summer but the winter of discontent is just round the corner

Beware of what you wish for in terms of Government housing market policy

Let’s not blame fees ban for poorer performing buy to let sectors

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

Interviews

Industry Interview: Viewber

Industry Interview: RentalStep

Industry Interview: CapitalRise

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Finance

Proposals to help people trapped in their mortgages are not sufficient, says industry body

Equity release market growth slowed in first six months of 2019

Company News

Savills acquires Cluttons Middle East real estate business