Property News
This private equity giant wants to give landlords millions -- here's how
CNBC - 30 Jun 2016 17:17
B2R, a mortgage company owned by Blackstone Group, is offering mortgages for investors that require nothing of the borrower.
Pending home sales fall across all regions of the United States
Property Wire - 30 Jun 2016 16:09
After steadily increasing for three months, pending home sales in the United States let up in May with the first year on year fall for almost two years with all four major regions seeing a decline. The Pending Home Sales...
Mortgage approvals increased in UK in May but still below six month average
Property Wire - 30 Jun 2016 13:32
The number of mortgages approved for buyers in the UK increased in May compared to the previous month but are still below the high level recorded in March due to stamp duty changes. The data from the Bank of England’s ...
Over half a million have taken up UK flagship home buying savings product
Property Wire - 30 Jun 2016 10:54
Over 500,000 people have opened Help to Buy ISAs, which offer government bonuses of up to £3000, as they save towards buying a home, the latest data shows. Figures also show that since the launch of the Help to Buy equi...
First time buyers paid more for a home in England and Wales in May
Property Wire - 30 Jun 2016 09:26
First time buyers in England and Wales paid an average of £173,282 to get on the housing ladder in May, a record high that fuelled by intense competition for properties. This was despite some uncertainty creeping into t...
Larchmont Residents Rush to Save Theater
Wall Street Journal - 30 Jun 2016 05:07
With the 83-year-old Larchmont Playhouse up for sale, a group of residents of the town northeast of Manhattan are raising money and trying to find a way to keep the theater going.
Underground Library in Manhattan Rewrites Design Rules
Wall Street Journal - 30 Jun 2016 05:06
The new public library on West 53rd Street in Manhattan might be mistaken for a SoHo boutique. The New York Public Library's signature lion logo is the only giveaway that books are inside.