Property News
Foreclosed homes in US increased in value almost twice as much as others
Property Wire - 15 Jul 2016 12:16
Homes that were foreclosed during the housing crisis in the United States have gained almost twice as much value as other homes, according to a new analysis. But the original owners of those homes have not benefited from...
No interest rate cut in UK unlikely to affect property market
Property Wire - 15 Jul 2016 11:19
The surprise decision by the Bank of England not to announce a cut in the UK’s already historic low interest rates is unlikely to have much impact on the property market with some experts believing it could boost real ...
London residential rental market disparate due to Brexit uncertainty
Property Wire - 15 Jul 2016 10:45
Rents in London have peaked in many locations with the market currently stagnant and facing uncertainty due to the UK deciding to leave the European Union, the latest analysis suggests. While Benham & Reeves Residential ...
UK needs to build 300,000 homes a year to meet current housing shortfall
Property Wire - 15 Jul 2016 09:03
The UK Government must lift its home building target by 50% and build 300,000 new homes each year to tackle the current housing crisis, according to a report from the House of Lords Economic Affairs Committee. The report...