Many estate agents are not taking into account the impacts that Brexit is having on the property market, making asking prices too high, it is claimed. An analysis of 65,384 property sales between August 2018 and August 2019 by house selling firm Property Solvers shows that the average differences between asking prices on Rightmove and […]
The post Analysis looks at difference between asking and sold prices appeared first on PropertyWire.
Two in five home owners in the UK would rather build an extension than move house after changes in planning law, new research has found. Some 35% say they would re-mortgage their home in order to afford an extension and 80% think that new planning laws will make disputes within neighbourhoods more likely. Overall the […]
The post Building an extension becomes more popular due to planning law change appeared first on PropertyWire.
Gone are the days when you automatically go to a High Street bank to get a mortgage. There is a more diverse range of options these days but this does not mean that more choice is necessarily making it easier for borrowers. Indeed, it can be a bit confusing as mortgage experts are everywhere. There […]
The post Opinion: More caution is needed in the mortgage market appeared first on PropertyWire.
Borrowers will be able to take out new mortgages in their early 80s after a specialist lender launched new deals to meet demand from older customers. Finance company Together has today started offering new mortgages which go up to an applicant’s 85th birthday. As the shortest mortgage the lender offers is over a three year […]
The post New mortgage deals announced for those aged up to 85 appeared first on PropertyWire.
National weekly rents in Australia increased by 0.3% over the second quarter of 2019, slower than the 1% increase the previous quarter and level with rental growth over the June 2018 quarter. The latest rent review from CoreLogic also shows that capital city rents were 0.1% higher over the quarter and 0.1% lower year on […]
The post Rents in Australia more or less static in second quarter of 2019 appeared first on PropertyWire.
The average rent in the UK increased by 2.3% in the year to July 2019 to £959, with growth covering all regions, the latest lettings index shows. When London is excluded, the average rent in the UK is now £794, up 2.2% on last year and the growth is in line with inflation, according to […]
The post Average rents in UK up 2.3% year on year, led by South West appeared first on PropertyWire.
Semi-detached homes have outperformed other types of residential property in the UK in terms of price growth since the financial downturn in 2008, according to new research. This type of property has seen price growth of 35.07% from the average house price of £162,201 following the financial crash to £291,087 today, the study from estate […]
The post Semi-detached homes have seen best price growth since 2008 appeared first on PropertyWire.
Average rents on newly let properties in Britain increased by 1.9% in July to reach £982 per calendar month with Scotland seeing the strongest growth, according to the latest agency index. The data from Hamptons International shows that rents in Scotland rose by 5.2% in the year to July to an average of £683, followed […]
The post Rents rise across Britain in 12 months to July apart from in the Midlands appeared first on PropertyWire.
Most metro areas in the United States saw price gains while the supply of homes for sale grew only marginally in the second quarter of 2019, according to the latest research from realtors. Single family median home prices increased year on year in 91% of measured markets in the second quarter, with 162 of 178 […]
The post Property prices increased in most metro areas in the US in the second quarter of 2019 appeared first on PropertyWire.
The UK’s best universities for affordable rent and high rental yields are revealed in a new study with the cheapest rents found near Lancaster and Aberdeen universities. Using data from PropertyData, research by flat-sharing website Ideal Flatmate, looked at the average monthly rent for the first half of the postcode of the top 50 universities. […]
The post Study rates university cities for rent and yields appeared first on PropertyWire.