Latest Property News
Commercial Property
Residential rents in the US have slowed for six months in a row, latest data shows
Rents across the United States remained at the same level in August as they were in the same month in 2017, the first time this has happened since 2012, the latest real estate index shows. It means that annual rent appreciation has now slowed for... Read more
Annual price growth in Scotland at 3.9% is almost double that in England and Wales
Property prices in Scotland increased by 3.9% in the 12 months to July 2018, more than double the rate of growth recorded in England and Wales, the latest index data shows. The average price is now £181,075 and Edinburgh and Glasgow accounted... Read more
Study finds standards have improved in rented homes in Britain
Standards have improved in rented properties in Britain but safety, particularly relating to gas and fires, still falls short, according to new research. Over the past four years, during which time there has been a raft of new legislation... Read more
Research reveals the end of the £100,000 flat in London
There are no properties currently for sale in London for £100,000 or less and only four properties at £125,000 or under which would be exempt from stamp duty, according to new research. Excluding shared ownership and auction properties,... Read more
Landlords are losing out by evicting tenants when they want to sell up
Over half a billion of rental income is lost annually because private landlords are evicting good tenants mistakenly believing that they need to sell their properties tenant free, it is suggested. The average landlord loses over three months’... Read more
Property market in Canada set to be muted for rest of 2018 and into 2019
The residential housing market in Canada is expected to remain muted for the rest of 2018 and into 2019, according to the latest forecast. Economic and demographic fundamentals remain supportive for housing demand in many parts of the country but... Read more
Prime Minister pledges £2 billion for more affordable homes and to end social housing stigma
The Prime Minister Theresa May has confirmed that £2 billion in new funding will be given to housing associations to give them the long term certainty they need to deliver tens of thousands of new affordable and social homes. Addressing the... Read more
Average house prices continue to grow across the UK year on year
Average house prices in the UK increased by 3.1% in the 12 months to July 2018, down slightly from 3.2% in the year to June 2018, the latest official data shows. They also increased by 1.2% month on month with the figures from the Land Registry... Read more
Rural landowner organisation challenges figures on planning profits
Claims that landowners make billions of pounds of profit from selling land with planning permission are distorting the view of how the value of land is captured, it is suggested. A new report by the Centre for Progressive Policy and the National... Read more
More affordable homes to be built in one of London’s most expensive locations
The London borough of Kensington and Chelsea has some of the most expensive properties in the UK but a new development of affordable homes has been approved. The Mayor of London Sadiq Khan has taken over the Notting Hill Gate scheme and doubled... Read more