Australasia
Brexit negotiations could dent UK property market but open investment opportunities
Uncertainty during Brexit negotiations could cause limited, short term falls in capital property values in the UK but this could open up opportunities for real estate investors, a new analysis suggests. Any declines should remain restrained given expectations of a relatively subdued, but by no means dismal, economic outlook, according to the latest UK property […] The post Brexit negotiations could dent UK property market but open investment opportunities appeared first on PropertyWire . Continue reading →
Latest index shows 24% of housing markets in US counties are less affordable
A quarter of county housing markets in the United States were less affordable than their historic averages in the third quarter of 2016, up from 22% in the previous quarter, the latest data shows. This was also an increase of 19% year on year and the highest since the third quarter of 2009 when 47% […] The post Latest index shows 24% of housing markets in US counties are less affordable appeared first on PropertyWire . Continue reading →
Interest only mortgage loans in UK could be facing multi billion pound shortfall
Home owners in the UK are facing a £6.1 billion mortgage repayment shortfall in the next decade with 27% of those with interest only loans not able to pay it back, new research suggests. More than a million interest-only mortgages will mature over the next 10 years but more than a quarter of households won’t […] The post Interest only mortgage loans in UK could be facing multi billion pound shortfall appeared first on PropertyWire . Continue reading →