Equity
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 →
Estate agents in UK see demand and supply fall towards end of 2016
Demand from buyers in the UK residential market fell in November and so did the number of properties being put up for sale, the latest research shows. The number of sales agreed also dropped but most of the slowdown is regarded as being due to the season rather than a further fall out from the […] The post Estate agents in UK see demand and supply fall towards end of 2016 appeared first on PropertyWire . Continue reading →
Surveyors forecast UK house prices will rise by 3% in 2017
House prices in the UK will see an average increase of 3% over the course of 2017 and sales numbers are likely to stabilise, according to surveyors. But the shortage of supply will continue and this could be the main driver behind higher prices while rents are expected to increase by up to 3%, says […] The post Surveyors forecast UK house prices will rise by 3% in 2017 appeared first on PropertyWire . Continue reading →