Builders
Calls for leasehold new build sales to end in the UK
Newly built homes in the UK are being left unsaleable after catching house buyers in a leasehold property trap, with owners being asked to fork out five figure sums for freeholds, it is claimed. With a 999 year long lease and marketing describing them as ‘virtually freehold’, new build properties are becoming increasingly attractive to […] The post Calls for leasehold new build sales to end in the UK appeared first on PropertyWire . Continue reading →
UK prices could rise around 2% in 2017, depending on economy as Brexit process starts
The performance of the residential property market in the UK will depend on how the economy develops in 2017, the year the nation starts the process of leaving the European Union, it is claimed. Modest price growth of around 2% is being forecast by the Nationwide, the second largest mortgage provider in the UK and […] The post UK prices could rise around 2% in 2017, depending on economy as Brexit process starts appeared first on PropertyWire . Continue reading →
High rents, prices and mortgage rates denting property market confidence in US
The majority of households believes now is a good time to buy a home but confidence has retreated by a considerable amount amongst renters, according to the latest survey from the National Association of Realtors. Some 57% of renters said now is a good time to buy, down from 60% in September and 68% a […] The post High rents, prices and mortgage rates denting property market confidence in US appeared first on PropertyWire . Continue reading →