Property NEWS

UK building rained off in August 2015

Output in the UK construction industry during August this year was estimated to have declined by 4.3% compared with July 2015 and was also down by 1.3% compared with August 2014, according to … Continue reading “UK building rained off in August 2015”


Barratt Developments’ final results indicate demand for new homes outstrips supply

UK residential property development company Barratt Developments plc released its full year financial results on Wednesday, which reveal continued growth in demand for new homes in Britain. The company reported profit before tax … Continue reading “Barratt Developments’ final results indicate demand for new homes outstrips supply”


Homes near top English state schools cost 13% more on average

New research from Lloyds Bank released on Friday indicates that average property prices in the postal districts of the top 30 state schools in England have now reached GBP344,446, an average GBP40,728, or 13%, higher than county … Continue reading “Homes near top English state schools cost 13% more on average”


Buyer demand outstrips number of UK homes for sale during November

House prices in the UK are predicted to continue to rise in 2014, according to the Royal Institution of Chartered Surveyors (RICS), which released its UK Residential Market Survey on Monday. The independent, … Continue reading “Buyer demand outstrips number of UK homes for sale during November”


Sharp increase in demand for farmland pushes prices up

The price of farmland has trebled during the last ten years, as demand is outstripping supply, according to a report by the BBC. The Royal Institution of Chartered Surveyors (Rics) has carried out … Continue reading “Sharp increase in demand for farmland pushes prices up”


Financial reasons to invest in London property

Residential property in London has attained a reputation as a safe asset class and as far as any investment is a safe bet, London property appears to be the place to invest with … Continue reading “Financial reasons to invest in London property”


China’s Dalian Wanda Groupto develop real estate project in Central London

Chinese commercial property and entertainment conglomerate, Dalian Wanda Group, revealed today that it plans to commence a major investment programme in the UK. Wanda’s luxury hotel brand is making its first move overseas … Continue reading “China’s Dalian Wanda Groupto develop real estate project in Central London”


Bank of England reports continued rise in mortgage approvals

Further signs are emerging of a recovery in the UK housing market, as the Bank of England said today that mortgage approvals rose again in December 2012. The number of loan approvals for … Continue reading “Bank of England reports continued rise in mortgage approvals”


Why use a foreign exchange service when buying property abroad?

Buying property abroad is a popular ambition in the UK. The option of living a life of leisure in a place that offers guaranteed sunshine, or just having a holiday home at your … Continue reading “Why use a foreign exchange service when buying property abroad?”


Home repossessions in the UK continue to fall

The rate of home repossession in the UK continued to fall in the third quarter of 2012, the Council of Mortgage Lenders (CML) reported today. In its latest quarterly report, the CML said … Continue reading “Home repossessions in the UK continue to fall”


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