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 […]
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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 […]
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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 […]
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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 […]
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Rents paid by tenants in the private rented sector in the UK rose by 1.3% in the 12 months to August 2019, unchanged since May 2019, the latest official index shows. In England rents increased by 1.3%, in Wales they were up by 1.2% and in Scotland rents rose by 0.9%, according to the data […]
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Almost a quarter, some 24%, of unretired people would rather unlock equity from their property than use their pension pot to pay for care costs in later life, new research suggests. And with fewer people expecting to use their pension rather than their property to fund care costs, down 5% from 2016 to 32% in […]
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Global real estate investment volumes are unlikely to reach the same levels seen in 2018 which was record year but they could match levels seen in 2017, according to the latest forecast. They reached US$1.8 trillion last year and US$1.7 trillion the previous year, a figure that could be matched in 2019 despite heightened macro-economic […]
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Mortgage market growth in the UK is continuing with the number of first time buyer mortgages completed in July up by 5.8% compared to the same month in 2018, the latest industry figures show. The data from UK Finance also shows that the number of home mover mortgages were up by 1.4% and buy to […]
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The Government’s flagship Help to Buy scheme is not making homes more affordable in general or helping address other pressing problems in the housing sector, according to a new report. Overall some 60% of buyers who have used it didn’t need the financial help anyway and 20% were not first time buyers, according to the […]
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