UK Nationals Hit Hard in Spain’s Housing Reforms: New 100% Property Tax Explained
Spain has announced a range of new measures aimed at prioritising housing for local Spaniards, including a 100% tax on non-EU nationals buying property.
Canadians Are Buying $12,000 Yurts To Avoid Ridiculous Rental Prices
After Canada’s housing costs have increased by more than $200,000, many families have taken to living in tent-like structures, known as yurts.
Decline in UK Mortgage Rates Spurs Optimism for Homebuyers and Remortgagors
The United Kingdom has witnessed a notable drop in the average cost of a two-year fixed-rate mortgage, falling below six per cent for the first time in nearly six months.
UK house sales at pre-COVID levels after ‘mini-budget’ shock – Rightmove
British homes sales recovered to within a whisker of pre-pandemic levels in March, representing a recovery from September when the failed economic plan of former prime minister Liz Truss sparked turmoil across markets, a survey showed on Wednesday.
UK sees most widespread house price falls since May 2020: RICS
Britain saw the most widespread house price falls since early in the COVID-19 pandemic last month, as demand from buyers and sales activity slowed in the face of higher borrowing costs, a survey showed on Thursday.
UK house price surge to end as cost of living crisis bites – Reuters poll
The surge in British house prices will come to an end next year as the cost of living crisis and rising borrowing costs put the brakes on what has been a buoyant market for years, a Reuters poll found.
UK house prices have ‘gone off the boil’ but don’t expect the property market to crash
The Nationwide UK house price index for February reveals a slowdown after January’s data sparked hopes of a bounce in the property market.
Young adults shut out of property market as ownership prospect halves in past two decades
Figures from the Institute for Fiscal Studies show young middle earners are struggling to get on the property ladder.
UK house prices suffer unexpected decline in January
House prices fall 0.6% month-on-month in January, driving annual growth down to its lowest level since July.
£1bn knocked off asking prices in London’s prime property enclaves
Biggest price cuts are in Knightsbridge, where sellers have sliced an average of £927,188 off asking prices.
UK house prices in monthly decline for the first time since June
Latest survey by Halifax finds fresh signs of market weakness.
London house prices will become cheaper in 2018
RICS data shows house prices to fall in the capital and the south-east next year and drop could spark nationwide fall.
Rents in Britain remain below inflation for 11th straight month
Average rents in London records fifth decline this year after falling 1.7% month-on-month in November.
London house prices set to decline 2% in 2018
Rightmove expects average house prices in England and Wales to grow at fastest pace in seven years in 2018.
Earthquake-proof house can fold in half and cost as little as £19,000
A new “earthquake-proof” house will be built to fold in half and cost home buyers as little as £19000.
Manchester and Birmingham top UK city house price list in October
House prices in Manchester rose 7.9% compared to a year earlier in October, while prices in Birmingham were up 7.3%.
House sellers move to slash asking prices in ‘challenging’ market
Some 37% of properties on the Rightmove website had reduced prices compared to when they were first listed.
Average UK house price hits record high and interest rate rise will ‘not be a barrier’ for buyers
Bank of England lifted interest rates for the first time in a decade last week, bringing the benchmark to 0.5%.
Most UK renters believe they will never own a property
Some 56% of Britons are pessimistic of their chances of ever owning property, a survey by Ipsos and ING shows.
Pound spikes against major crosses on UK interest rate hike expectations
Sterling registers huge gains against dollar and euro with the Bank of England poised to hike interest rates.
UK interest rate rise not as scary as you might think, says Nationwide
Nationwide figures show UK house prices grew 2.5% year-on-year in October, up from 2.3% in September.
UK housing demand ‘at lowest level since Brexit vote’
Royal Institution of Chartered Surveyors says its house price balance was unchanged at +6 during September.
UK house prices growth hits seven-month high in September
Figures released by Halifax show prices grew 4% year-on-year in the quarter to September on the back of a shortage of properties.
Kensington Palace Gardens tops list of Britain’s priciest streets
A home at the prestigious west London address has an average value of £35.7m.
London house prices fall for first time in eight years
Prices in the capital fall 0.6% compared to a year earlier in the third quarter.
London house prices record biggest slump in a decade in September
Drop in house prices in London drags average prices across Britain down 1.2% in September.
London house prices fall at fastest pace since 2008 as slowdown continues
RICS survey shows steady growth in most regions, but London and the South East suffer slowdown.
UK house prices rose 5.1% in July, says ONS
Average price of a house or a flat in Britain was at £226,000 at the end of July.
UK housing market recovers from slowdown as prices jump 2.6% in August
New report shows house prices recorded the first quarterly increase since March in the three months to August.
UK house prices grow at slowest pace in three months as inflation bites
Nationwide figures show house prices declined 0.1% month-on-month in August after two consecutive months of growth.