As house prices and sales activity increases in the prime property market in Spain, five key cities are giving potential buyers a new sense of confidence, according to a new analysis. The highest prices residential prime property is in Madrid where values increased 9.7% during the year to March 2019, and are 50.1% higher than […]
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The average cost of buying and selling home in the UK has reached a record high at £10,414 or £24,585 in London, new research has found, a rise of 2% year on year. It is higher stamp duty payments, up 4%, and larger conveyancing fees, up 5%, that are driving the cost of moving home, […]
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There was a 7.9% increase in new builds submitted with the Land Registry for registration in England and Wales in August this year compared to the same month in 2018, official data shows. Of the 93,574 sales received for registration in August 2019 some 72,806 were freehold, a 4.5% decrease on August 2018, and 12,411 […]
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Viewings and sales in prime central London’s residential property market are rising, despite the continued political uncertainty surrounding Brexit, according to the latest industry analysis. Real estate firm Knight Frank’s latest index report reveals that the number of viewings over the summer hit a five year high, with 16% more viewings over July and August […]
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The property market has been slow in some parts of the UK in 2019, but new research looks at where values are doing well and the best locations for buy to let. North Devon has seen the most growth on an annual basis at 15%, according to the data from lettings platform Howsy, followed by […]
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Spain’s residential property market is now seeing an increase in construction activity, growing interest from international buyers and steadily growing prices, according to a new report. The hardships faced by Spain following the global financial crisis are now in the past, says the analysis from global real estate advisor Savills, and as a result the […]
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Over 170,000 new homes were built for the year ending June 2019, taking the number to an 11 year high, the latest official figures show. The newly published data from the Ministry of Housing, Communities and Local Government (MHCLG) shows that a total of 173,660 new homes were built during the 12 month period, an […]
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There are signs that the property market in England and Wales, excluding London, is picking up with average monthly prices up 2.8% in August to £269,685, the latest analysis report shows. However, annual price growth remains almost static at 1.1%, the weakest performance since 2012, and annual transactions increased by just 0.7% to 795,437 and […]
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The majority of financial advisers, some 61%, believe that equity release will be regarded as a mainstream part of housing market finance within the next decade. There is still a lot of misunderstanding about equity release, however, with a new study from LV= finding that 55% of consumers are worried about how it will impact […]
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The key to finding an affordable first home is buying around 30 minutes away from your preferred location, new research suggests. First time buyers often have to compromise due to high costs and two thirds are willing to consider properties not in their ideal location, according to the study from the Post Office. It also […]
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