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Commercial property investment in Europe set to continue with positive yields in 2017
Investing in commercial real estate in Europe is set to continue to produce positive yields in 2017 although there are risks ahead, particularly with Brexit in the UK, a new report suggests. Overall, European real estate markets have delivered strong returns in recent years and, although the cycle is maturing, it is far from over, […] The post Commercial property investment in Europe set to continue with positive yields in 2017 appeared first on PropertyWire . Continue reading →
Luton sees biggest house price rise in UK in 2016, Aberdeen the biggest fall
The biggest increase in house prices in the UK in 2016 was in the southern England town of Luton where the average property value increased by almost 20%, new research shows. Based house price data from lender the Halifax, the average house price in the Bedfordshire increased from £214,934 to £256,636 in 2016, some19.4% higher […] The post Luton sees biggest house price rise in UK in 2016, Aberdeen the biggest fall appeared first on PropertyWire . Continue reading →
Lenders’ organisation in UK wants stamp duty reformed in 2017
Looking ahead to 2017 the Council of Mortgage Lenders believes that stamp duty needs to be reformed as it is one of the biggest barriers to home ownership. The CML, which represents over 90% of home lenders in the UK, says that the property tax paid by buyers, which rises with the price, is preventing […] The post Lenders’ organisation in UK wants stamp duty reformed in 2017 appeared first on PropertyWire . Continue reading →