The combination of tighter mortgage lending restrictions and perceptions that residential property is fully priced continues to slow Auckland housing activity. Property prices and sales were restrained in Auckland in September as New Zealand’s busiest real estate market copes with tighter mortgage lending rules. The latest data from real estate firm Barfoot & Thompson shows […] The post Auckland property market subdued by tougher lending conditions appeared first on PropertyWire . Continue reading
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UK sees first time buyer mortgages rise as buy to let slows
Home owners in the UK borrowed £12.2 billion for house purchases in August, up 14% month on month and 11% year on year, according to the latest data. They took out 66,000 loans, up 13% on July and 9% on August 2015, the figures from the Council of Mortgage Lenders (CML) show as house purchase […] The post UK sees first time buyer mortgages rise as buy to let slows appeared first on PropertyWire . Continue reading →
Chartered surveyors call on Irish Government to do more to encourage new home building
The Irish Government should focus on measures to increase housing supply for all housing sectors, rather than handing out grants to first time buyers for new homes, it is claimed. Initiatives like reducing VAT on affordable housing, making public land available for home building and providing financial help for builders should be considers, according to […] The post Chartered surveyors call on Irish Government to do more to encourage new home building appeared first on PropertyWire . Continue reading →