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Family homes to rent in London increasingly unaffordable, new research shows

Properties in London are now so expensive that couples looking for a family home pay more than half of their combined monthly salary to rent a typical three bedroom home, new research has found. They would need to fork out 55.6% or £2,460 of their combined average monthly salary to rent an average property, some […] The post Family homes to rent in London increasingly unaffordable, new research shows appeared first on PropertyWire . Continue reading

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New home sales and approvals falling in Australia

New home sales in Australia fell by 8.5% in October to a two year low but the slum is not unexpected as the housing market is coming to the end of its longest and strongest building upturn. The figures from the Housing Industry Association (HIA) report show that detached house sales fell by 8.2% and […] The post New home sales and approvals falling in Australia appeared first on PropertyWire . Continue reading

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Mayor of London announces new planning rules to speed up affordable home building

The Mayor of London has announced new planning rules to speed up the building of more affordable housing in the city which has a shortage of homes at the lower end of the market. Sadiq Khan also announced plans for how the record breaking investment funding of £3.15 billion announced in last week’s autumn statement […] The post Mayor of London announces new planning rules to speed up affordable home building appeared first on PropertyWire . Continue reading

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