Headlines
Americans love their homes and would rather renovate than move
Home owners in the United State would rather renovate their properties than buy a new one, often due to the cost of a down payments, new research has found. Given the choice, some 76% of Americans... Read more
Rents rise across Britain, with London seeing first annual rise for several months
Residential rents across Britain increased by 1.6% year on year in the 12 months to Hamptons International report which also looked at what properties landlords are buying. A breakdown of the... Read more
Working Group created as next move towards regulation of estate agents in Britain
A new working group has been created to boost standards among estate agents in Britain which has the power to make recommendations to support buyers, sellers, landlords, leaseholders and... Read more
Using Help to Buy allows first time buyers to buy more expensive properties
First time buyers in the UK pay on average 8% more for new homes through the Government’s flagship Help to Buy scheme which is designed to make properties more affordable, new research... Read more
Asking prices up just 0.2% month on month in England and Wales
Asking prices in England and Wales nudged up by 0.2% month on month in October, buoyed by strong growth in the West Midlands and Yorkshire, but they continued to fall in Greater London. Indeed,... Read more
UK
Rents rise across Britain, with London seeing first annual rise for several months
Residential rents across Britain increased by 1.6% year on year in the 12 months to Hamptons International report which also looked at what... Read more
Global News
Asia has the strongest annual property price growth, global cities index shows
The average value of a property in 150 key cities worldwide increased by 4.3% in the year to June 2018, with Asia the strongest performing region,... Read more
Asia-Pacific
Property prices fall across Australia, down 2.7% since peak in September 2017
Property values across Australia are down 2.7% since peaking in September last year to $550,610, the latest residential index shows. They also... Read more
Europe
Housing market demand remained flat in Portugal on August, say latest index
Housing market activity in Portugal was largely flat in August with demand unchanged for a second month in a row, although Lisbon and Porto saw a... Read more
North America
Americans love their homes and would rather renovate than move
Home owners in the United State would rather renovate their properties than buy a new one, often due to the cost of a down payments, new research has... Read more
Middle East
Property prices and rents continue to fall in Dubai, latest data show
Residential property price falls in Dubai have been more pronounced than rental rate changes, with values down 4% in the third quarter of 2018, the... Read more
Sponsored Features
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
UK bridging lender MFS launches new subsidiary in Singapore
Market Financial Solutions (MFS) has expanded into Singapore, launching a new office and subsidiary company called Market Bridge Solutions (MBS). Having established itself as one of the UK’s leading bridging lenders over the past decade, the... Read more
Agents should look to online auctions in a challenging market, it is claimed
Between October and December 2017, some £822 million worth of UK residential property was sold at auction, according to the Essential Information Group. Initially this may seem impressive, but it still only represents a small proportion of the... Read more
Investors look to property over new asset classes in 2018
New research carried out among more than 2,000 UK adults by Market Financial Solutions (MFS) has revealed how UK investors are approaching their financial strategies in 2018. Asked about their investment plans over the coming 12 months, over half... Read more