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House prices in 20 key UK cities increased by 1.7% in the 12 months to June 2019 and while some are seeing strong growth, in seven cities the annual rise is less than 1%, the latest index shows. There is also a growing polarisation in market conditions across southern England and the rest of the […]
The post House price growth falling in key cities in South of England, growth led by Edinburgh appeared first on PropertyWire.
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Builders and developers in the UK registered the highest number of new homes for 12 years during the second quarter of 2019, new figures show. Some 43,000 new homes were registered over the three month period, according to the latest figures from NHBC, the warranty and insurance provider for new homes in the UK whose […]
The post New figures show highest number of new home registrations in 12 years appeared first on PropertyWire.
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Rhetoric; the art of effective or persuasive speaking or writing, especially the exploitation of figures of speech and other compositional techniques. We now have a Prime Minister who is a master of this dark art. Before he entered No 10 Boris Johnson was welcomed for his remarks that stamp duty needed reform. Indeed, there was […]
The post Beware the promises behind feel good rhetoric appeared first on PropertyWire.
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The intergenerational mortgage market has grown significantly in recent years and now offers some of the most competitive interest rates, according to new research. There are 28 intergenerational mortgage products available on the market today, a rise is 40% in two years, according to the research from financial information business Defaqto. Some 13 providers now […]
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The number of house hunters registered per estate agent branch fell slightly in June but remains high for the year as the housing market continues to show resilience, according to the latest industry report. They fell from 307 to 305 but year on year demand has only fall by 1%. In June 2018 there was […]
The post House buyers numbers fell slightly in June, latest agent research shows appeared first on PropertyWire.
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More than a third of self-employed would-be mortgage applicants didn’t go ahead because they expected rejection, a new study has found. One in five who applied were turned down because of insufficient proof of future earnings But specialist lenders take a more understanding view of self-employed applicants The national study, by specialist lender Together, found […]
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A council tenant in London has been ordered to pay over £100,000 after being taken to court for illegally subletting his social housing flat in Victoria as a holiday home through Airbnb. Legal action was taken by Westminster City Council against Toby Harman, 37, after it was found that the property on Vauxhall Bridge Road […]
The post Record £100,000 fine for illegal short term subletting in London appeared first on PropertyWire.
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The housing market is slowing in England and Wales with average prices of existing homes rising just 0.3% year on year, the weakest performance since 2011, according to the latest analysis. Month on month prices were up by 0.9% and sales fell by 2.5% year on year, the fastest fall since 2008, the report from […]
The post Latest analysis tracks slowing of the housing market in England and Wales appeared first on PropertyWire.
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Existing home sales in the United States weakened in June, as total sales saw a small decline after a previous month of gains, according to the latest index report from realtors. While two of the four major regions recorded minor sales jumps, the other two, the South and the West experienced greater declines last month, […]
The post Existing homes sales weakening in the US amidst housing shortage appeared first on PropertyWire.
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The number of homes in England and Wales sold more than once within a 12 month period, known as flipping, has fallen dramatically overall since its peak in 2004, new research shows. Last year 18,630 homes were flipped in England and Wales, some 69% less than the 60,340 homes flipped in 2004. However, between 2017 […]
The post Flipping has flopped in England and Wales, new study shows appeared first on PropertyWire.
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