Property News
Brexit vote created free money for US homeowners: Why banks can't keep up
CNBC - 1 Aug 2016 15:52
A drop in mortgage interest rates after the Brexit vote has borrowers rushing to the bank, some hoping to cash in.
Pending home sales static in US in June, latest index shows
Property Wire - 1 Aug 2016 15:29
Pending home sales in the United States were mostly static in June but the latest index from the National Association of Realtors is now at its second highest reading over the last year. However, supply and affordability...
Lack of funding affecting barn conversion rates in UK
Property Wire - 1 Aug 2016 13:09
The British love affair with barn conversions seems to have come to an end with new figures showing that the number of agricultural to residential property conversions has fallen. For decades the conversion of agricultur...
Majority of home owners aged 55 and over in UK don't want to downsize
Property Wire - 1 Aug 2016 11:38
Most people in the UK aged 55 and over have no intention of downsizing to a smaller property and it lack of suitable homes available that is putting them off, according to new research. Some 58% don’t want to move desp...
Foreign owners of property in Australia face new 10% selling tax
Property Wire - 1 Aug 2016 08:25
New laws introduced at the beginning of July mean that foreign owners of property in Australia worth £2 million or more face paying an extra 10% in tax. Sellers must have proof that they are Australian citizens to avoid...
New home building in UK needs to address the needs of older people too, says report
Property Wire - 1 Aug 2016 07:58
New home building in the UK to cope with the country’s chronic shortage of housing should not concentrate just on the needs of first time buyers and younger people, according to a new report A new report from the Inter...