costs
Value of homes in UK up 51% or £1.9 trillion since 2006
The total value of privately owned residential properties the UK has grown to over £5.5 trillion for the first time, according to new research. In the last 10 years the total value has increased by 51% or £1.9 trillion to an estimated £5.6 trillion, a rise that has comfortably out-paced the retail price index, which […] The post Value of homes in UK up 51% or £1.9 trillion since 2006 appeared first on PropertyWire . Continue reading →
New home lending falls in Australia as stamp duty costs rise
The number of new home loans being approved in Australia fell slightly in October, down 0.4% month on month and are now 2.4% below a year ago, the latest published data shows. The number is likely to ease back towards the end of 2017 as fewer new homes are being built, according to the Housing […] The post New home lending falls in Australia as stamp duty costs rise appeared first on PropertyWire . Continue reading →
Rents increasing in Scotland with Edinburgh seeing 6.1% rise year on year
Average rents increased by 0.3% month on month in October and are now 0.4% higher than a year ago, taking the average monthly rent to £558 per month, the latest buy to let index shows. But the national figure hides some red hot markets including Edinburgh and the Lothians where rents are some 6.1% higher […] The post Rents increasing in Scotland with Edinburgh seeing 6.1% rise year on year appeared first on PropertyWire . Continue reading →