Rate of remortgaging surges to ten-year high as homeowners lock in amid ‘competitive market’ December 12, 2018 Britain saw its highest levels of remortgaging in a decade during October, with homeowners locking into new deals as competition between lenders heats up. According to new figures from UK Finance there were 50,500 new homeowner remortgages completed in October, rising 23.2 per cent when compared with the same month a year earlier. The £9.2bn of [...]
Record number of new student beds provided as university accommodation market shows no sign of a slowdown December 12, 2018 Property agents are hailing a record year for the UK’s university accommodation market, with private investors ramping up their role in the sector to capitalise on the booming demand from overseas students. Real estate giant Cushman & Wakefield has said this morning that more than 31,000 new student beds were delivered for the 2018/2019 academic [...]
Holiday Homes: Thinking about buying a ski home? Read our guide on prices, places, powder and trends December 11, 2018 As the ski season descends upon us, it’s time to take a look at the best places to buy a ski home in the world, just in case you hit the slopes and never want to leave. Thankfully, we’ve got all the latest facts and figures at our disposal, thanks to the World Research team [...]
Focus On Pimlico: This central spot is the perfect place to pick up a period conversion flat and benefit from the re-development of Victoria December 11, 2018 In London, you often have to make the choice, whether to live in a traditional part of town that’s earned its towering house prices, but isn’t likely to soar again anytime soon; or take a punt on an up-and-coming part of town that’s better value and has the potential for price growth. Luckily, with Pimlico, [...]
Opinion: Tech hubs, new transport, and space near the city centre – why Birmingham is a smart place to buy property December 11, 2018 Birmingham continues to hit the headlines at the moment, with several factors converging to make investment in residential property particularly attractive right now in the UK’s second largest city. Everyone’s heard of the HS2 transport infrastructure, which is lined up to connect the city to London in 49 minutes. But HS2 also shifts the conceptual [...]
Nearly 300,000 homes could be built in Greater London above rail tracks, says new research December 11, 2018 Untapped space above London’s railways tracks could pave the way for as many as 280,000 new homes, according to new data that comes amid growing calls to tackle the capital’s housing shortage woes. Almost 2,500 hectares of land on top of Greater London’s train, overground and Tube lines could be freed up, a report by [...]
New homes: Our pick of the new builds going on sale in London this week December 11, 2018 New developments on the market this week Hampstead Manor, Hampstead £1.75m (show apartment asking price) A show apartment launched this week in a key heritage restoration project in north west London. Part of a larger scheme that also includes new builds, this two bedroom home is in a converted building called Dudin Brown, which dates [...]
New mortgage commitments climb in third quarter of 2018 December 11, 2018 New mortgage commitments in the third quarter of 2018 were 4.7 per cent higher than last year, according to new statistics from the Bank of England. Meanwhile, the value of residential property mortgage loans jumped to £1,43bn in the third quarter, rising 3.2 per cent on the same period a year ago. The share of new lending [...]
UK house price growth slumps to six-year low December 7, 2018 UK house prices grew by their weakest rate in almost six years last month, according to figures released today. Boasting just 0.3 per cent growth in the three months to the end of November compared to the same period last year, house prices fell to their lowest growth since December 2012, according to Halifax. House [...]
Housebuilder Berkeley Group boosts full-year profit guidance December 7, 2018 Housebuilder Berkeley Group has increased its pre-tax profit guidance for the current financial year by more than five per cent, it said today. This comes despite its results for the first half of the year showing its pre-tax profit fell by a quarter compared to the same period last year, dropping from £539.9m to £401.2m. [...]