Asia

Research reveals extent of gazumping in UK property market

Buyers in London are the most ruthless in the UK with new research showing they are three time more likely to indulge in gazumping than the national average. Gazumping, where a buyers puts in a last minute bid for a property once the seller has already accepted another one, is often a feature of a […] The post Research reveals extent of gazumping in UK property market appeared first on PropertyWire . Continue reading

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Stamp duty impacts Hong Kong property market with sales down almost 50%

The decision to raise stamp duty rates to 15% for all but local first time buyers in early November has led to a slowdown in sales in Hong Kong. Residential sales fell by 47.3% month on month in December 2016 across all price ranges as the tax change combined with the holiday season to dampen […] The post Stamp duty impacts Hong Kong property market with sales down almost 50% appeared first on PropertyWire . Continue reading

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London Mayor wants people to have a say on estate housing regeneration

People living in London should be at the heart of estate regeneration plans from an early stage to help shape the kind of homes they will live in, according to the city’s Mayor. Mayor Sadiq Khan has published a draft good practice guide developed with councils, housing associations, and residents’ groups which recommends full rights […] The post London Mayor wants people to have a say on estate housing regeneration appeared first on PropertyWire . Continue reading

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