Property News
Sales of residential land in Australia falls as prices rise
Property Wire - 27 Apr 2016 17:13
Residential building land in Australia has increased in price but availability is falling, making it more and more difficult for builders to provide affordable housing, it is claimed. In the last quarter of 2015 the numb...
Pending home sales up 1.4%, highest pace in nearly a year
CNBC - 27 Apr 2016 16:00
Homebuyers stepped up their purchases in March, signing contracts to buy existing homes at the highest pace in nearly a year.
British people dream of a four bedroom home by the sea equipped with high tech
Property Wire - 27 Apr 2016 14:59
A four bedroom home near a beach or a city centre is the most sought after dream homes in the UK, according to new research. Some 45% dream of a home built to their own specifications designed by an architect or themselv...
Almost 60% of prime London properties sold to second home owners and buy let investors
Property Wire - 27 Apr 2016 11:22
Buy to let investors and second home owners were behind three in five property purchases made in the prime London market in the first quarter of 2016, new research shows. This boosted the overall proportion of purchases ...
Mortgage lenders concerned about impact of banking reforms on UK housing market
Property Wire - 27 Apr 2016 09:55
First time buyers and housing associations in the UK could bear the brunt of banking reforms which affect credit risk, it is claimed. Proposals from the Basel Committee on Banking Supervision to revise its standardised a...
Average rents in Scotland down 0.7% in March, biggest monthly fall on record
Property Wire - 27 Apr 2016 08:21
Average residential rents in Scotland fell by 0.7% in March, the first decline in six months and the biggest monthly drop on record, the latest index data shows. This took the typical rent in Scotland down to £544 per m...