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Funding announced for affordable community led homes in England
Communities across England are set to benefit from a £6 million funding boost to help them build more of the homes that their area needs, it has been announced. There will be a £6 million funding boost for affordable homes available to local... Read more
House prices continue to rise in the US, as supply increases for first time in many years
House prices in the United States increased by 7.5% to $225,300 in the 12 months to January 2019 while rents have increased by 2.1% to $1,468, the latest index shows. The data from real estate firm Zillow also shows that there are more homes for... Read more
Rents in prime London markets bottoming out and set to rise by over 11% in next five years
Brexit has had a negative impact on rents in London’s prime residential markets which are now showing early signs of bottoming out, with the annual rate of decline now at its slowest since the June 2016 referendum. Rents have fallen by an... Read more
Cash boost announced to help build 200,000 homes in new garden towns
A £9 million cash injection to speed up the locally led building of new garden towns in England and villages across the country has been announced. The Garden Communities project is expected to deliver 200,000 properties on large sites by 2050,... Read more
Newport in Wales saw biggest jump in house prices in the UK in 2018
Newport in South Wales saw the biggest jump in house prices of any UK town or city in 2018, while Aberdeen was the worst performer outside of London, according to a new analysis of Land Registry figures. Average property prices in Newport... Read more
First time buyers can find cheaper mortgages than a year ago
In the UK first time buyers have a rare opportunity to take advantage of cheap mortgage rates at a time when property price growth has slowed, according to new research. This is because there are 46% more high Loan to Value (LTV) mortgages... Read more
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 to a new analysis report. Prices have slumped in Downtown Dubai, down by 16%, prices in the... Read more
Annual house price growth in the UK slows to lowest since July 2013
Average house prices in the UK increased by 2.5% in the year to December 2018, down from 2.7% in November 2018, the lowest annual rate of growth since July 2013 when it was 2.3%, official figures show. The data published by the Office for... Read more
Rent growth slowed in the UK at the end of 2018 and beginning of 2019
Rents in the private rented sector in the UK increased by 1% in the 12 months to January 2019, unchanged from December 2018, according to the latest official figures. In England rents increased by 1.1%, in Wales they rose 0.9%, and in Scotland... Read more
Asking prices fall nationally in England and Wales or first time since 2011
Average asking prices in England and Wales fell by 0.2% in the 12 months to February 2019, the first fall on the national figure for over seven years, according to the latest index data. It takes the average asking price to £304,671, the figures... Read more