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People, especially older buyers, are more likely to buy a new build home if they get sufficient information leading to a better service during the buying process, a new study suggests. The majority, some 94% of people state that the customer service they receive when buying a home is important and 83% say that poor […]
The post Buyers want plenty of information when they are buying a new home appeared first on PropertyWire.
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There are now 148,046 Build to Rent homes complete, under construction or in planning across the UK, up 20% compared to last year, with then number of completed units up 31%, new research has found. The Build to Rent sector is growing from strength to strength, according to the research commissioned by the British Property […]
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There has been a halt in the fall of the cost of fixed rate buy to let mortgages after an across the board decline in cost across all categories, the latest industry research shows. The biggest fall in monthly cost was for five year fixed rate buy to let mortgage offers for 50% of the […]
The post Fixed rate mortgage costs change in buy to let sector appeared first on PropertyWire.
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Residential property sales in September 2019 were 2.3% higher than September 2018 and 5% higher than August 2019, the latest official figures show. The data published by HMRC also shows that overall there were 101,740 residential sales and 10.500 non-residential sales in September. For the non-residential sector that was an increase of 7.7% compared with […]
The post Property sales in the UK jumped up in September, official data shows appeared first on PropertyWire.
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Housing Minister Esther McVey had announced plans to bring about a digital revolution in the property sector by releasing data held by local bodies to enable the UK PropTech sector to thrive. The measures will open up Compulsory Purchase Order (CPO) data for the first time in a transparency drive and enable PropTechs to obtain […]
The post Housing Minister announces digital revolution for the property sector appeared first on PropertyWire.
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Letting agents who fail to obtain licences for rented properties that fall under selective licensing rules could be held jointly accountable with the landlords, legal experts are warning. According to Kirwans law firm agents could be prosecuted either alongside or instead of landlords for failing to license properties on their books, and warned that a […]
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More than two in five new equity release plans are taken out on a single basis to support retirement finances at a time when the number of over 65s living along is rising, new research shows. The total number of over 65s living alone is on course to outnumber those aged under 65 for the […]
The post More single people looking to the equity release market appeared first on PropertyWire.
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Farmland values in England and Wales have dipped marginally but are still 10% above the level they achieved five years ago, the latest sector figures show. Arable land averaged £8,564 per acre, but this was a fall of 1.2% quarter on quarter and down 4.7% over the last 12 months, according to the index from […]
The post Farmland values dip slightly but still ahead of five years ago appeared first on PropertyWire.
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As I sit at my laptop writing this I can look out of my window and see the removal men busily carrying boxes and furniture as my neighbours on one side are moving today. On the other side the For Sale sign indicates that they will be doing so soon. It is a sign that […]
The post The market is moving slowly but for the right reasons appeared first on PropertyWire.
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Rents in major European cities are continuing to level out, even in Barcelona, Berlin and Brussels which have recorded the steepest climb in rental prices year on year, the latest data shows. This trend is across most European cities, but Amsterdam and Munich are bucking the trend with rents rising fast, according to the international […]
The post Rents levelling out in European cities apart from Amsterdam and Munich appeared first on PropertyWire.
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