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People living in cities have different priorities when it comes to where they live such as property costs and energy efficient homes, and many favour renting over owning, new research shows. Some 61% would consider renting when they retire, 56% believe owning property is less important, superfast internet is the most important requirement, energy conservation […]

The post Poll reveals what city living people want in terms of homes and facilities appeared first on PropertyWire.

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London boroughs have seen property sales fall by a greater proportion than the rest of the UK since the European Union referendum in June 2016, a new analysis of figures suggests. However many areas in Wales, Northern Ireland, Scotland and the North of England are seeing more transactions than before the vote, according to the […]

The post London transactions bear the brunt of Brexit slowdown, study suggests appeared first on PropertyWire.

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House prices are continuing to increase slowing in the UK but the residential property market is now at its most inconsistent for many years, according to a new piece of research. While the market’s performance is underpinned by slow growth across all regions, the report from Carter Jonas reveals polarising regional differences based on their […]

The post UK housing market at its most inconsistent for years says new report appeared first on PropertyWire.

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First time buyers have been the driving force for housing sales in recent years and were the largest group of purchasers in 2018 with 36% of all sales, and are expected to remain so in 2019. A new analysis from Hometrack, which looks at the key drivers of first time buyer purchases and outlook, suggests […]

The post New analysis show first time buyers are the driving force behind sales appeared first on PropertyWire.

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The announcement of a £3.6 billion Towns Fund to support towns across England to build prosperous futures through innovative regeneration has been welcomed by the Guild of Property Professionals. Some 100 have been invited to develop proposals for a new generation of multi-million pound Town Deals, allowing communities, businesses and local leaders to join forces […]

The post Town regeneration fund welcomed by estate agents in England appeared first on PropertyWire.

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Some 56% of properties across the UK are in areas that are affordable for first time buyers with all of Blackpool, Lincoln and Kingston upon Hull 100% affordable, new research has found. The figures from the Post Office Money, based on analysis of Office for National Statistics (ONS) data, shows there are many affordable locations […]

The post Research reveals first time buyer affordable hot spots appeared first on PropertyWire.

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Residential property prices in the UK held steady in August, increasing by 0.3% to an average of 233,541, according to the data from the latest lender index. Year on year they were up by 1.8% and on a quarterly basis there was little change with a rise of 0.1%, the figures from the Halifax show. […]

The post UK property prices largely flat since March 2019, latest index shows appeared first on PropertyWire.

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More countries and are seeing residential property price rises year on year than at any time in the last decade but the average rate of growth is slowing significantly, the latest global index shows. Although still in positive figures, the second quarter Global House Price Index from Knight Frank has seen a slowdown in annual […]

The post China leads house price growth, Australia has biggest fall, global index shows appeared first on PropertyWire.

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The Government’s decision to delay by one year the implementation of potentially damaging VAT changes for construction companies is a victory for common sense, according to the industry. Reverse charge VAT was due to come into force from 01 October 2019 but the Government has announced it will delay it until 01 October 2020 after […]

The post Building industry welcomes delay on VAT change appeared first on PropertyWire.

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