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After flat lining in the spring, quarterly home value growth has returned to a steady pace in the United States while rents have continued to accelerate, according to the latest index report. The median home price reached $229,600, up 4.9% in the 12 months to August while quarterly growth rose 3.4%, up from 0.4% in […]
The post Rents rise in the US while home prices return to modest growth appeared first on PropertyWire.
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Some 29% of landlords say that tenant demand is growing or booming, the highest amount in almost a year and a reversal a substantial drop at the beginning of 2019, according to the latest trends report. The report from Paragon also points out that it is the first time that the proportion of landlords saying […]
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Almost half of people who rent a home and are employed are just one paycheque away from losing their home as they could not pay their rent if they lost their job, according to new research. The study from charity Shelter and YouGov found that amounts to three million tenants in the private rented sector […]
The post Half of tenants couldn’t pay their rent if they lost their job, new study finds appeared first on PropertyWire.
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The abolition of Section 21, and subsequent expansion of Section 8, could put thousands of tenants at greater risk of receiving a County Court Judgement (CCJ) and ending up homeless, it is claimed. Local councils will not be obliged to re-house those with rent arrears judgements, according to tenant eviction company Landlord Action. It revealed […]
The post Scrapping Section 21 will trigger a rise in homelessness, it is suggested appeared first on PropertyWire.
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There has been a surge in enquiries from borrowers aged 55 and over looking for mortgage options to help children and grandchildren onto the property ladder, according to new research. Nearly half, some 47% of first time buyers are partially funded by grandparents or parents, the research from independent equity release advisor Key has found. […]
The post First time buyers are driving mortgage enquiries from older borrowers appeared first on PropertyWire.
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Brexit has made UK property investors more cautious but real estate spending spree could follow when the country eventually leaves the European Union, according to a new survey. The majority, some 55%, have paused their investment plans over the past six months as they await the outcome of Brexit, the survey commissioned by Experience Invest […]
The post Property investment surge could come after Brexit, new poll suggests appeared first on PropertyWire.
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The national average re-build cost in Ireland has increased by an average of 6% over the past 12 months, according to the latest house rebuilding cost guide. The guide, which is used by home owners to calculate the rebuilding costs of their home for insurance purposes and published annually by the Society of Chartered Surveyors […]
The post Rebuild costs of a home in Ireland up 6% in last 12 months appeared first on PropertyWire.
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Asking price expectations remain out of kilter with wider residential property market conditions, according to the latest market index review report. There is also a reality gap between the mortgage approval prices of buyers and the reality of sold prices, the report from lettings and sales agent Benham and Reeves suggests. The latest report shows […]
The post Analysis reveals gaps in property market expectations appeared first on PropertyWire.
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Landlords have backed plans for two of the sector’s largest representative bodies to merge to provide a stronger voice for the private rented sector. Members of the National Landlords Association (NLA) and the Residential Landlords Association (RLA) have voted for the two organisations to unite to form the National Residential Landlords Association (NRLA). The new […]
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Annual price growth in the 12 months to July 2019 in England has slowed to just 0.7%, well below the year on year rise of 4.2% in Wales and 1.4% in Scotland, the latest national house price index shows. Month on month prices have increased by 0.5% in England to £232,710, by 1% in Wales […]
The post Annual price growth falls in England to less than 1% appeared first on PropertyWire.
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