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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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Asking prices in the UK recorded their lowest monthly rise since October 2008, up just 0.6% in October to £306,712 and are 0.2% below a year ago, the latest index shows. There was a smaller than usual Autumn price bounce and the number of sellers coming to market was down by 13.5% compared to this […]
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The average person over 50 in Britain is sitting on the equivalent of £56,574 worth of extra space in their home which is not being used, according to new research. The study of 2,000 UK adults over 50, found the typical house size to be 165.6 square metres and with the average house price coming […]
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