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Equity release reaches another record in UK as home owners cash in
The total value of equity release lending in the UK reached a new record in the third quarter of 2016 of £571.6 million, up 26% year on year. The latest figures from the Equity Release Council suggest that more and more home owners now see releasing funds from their property as an important part of […] The post Equity release reaches another record in UK as home owners cash in appeared first on PropertyWire . Continue reading →
UK property growth was flat in October, latest index data shows
The annual rate of house price growth in the UK slowed to 4.6% from 5.3% in October with values flat month on month, the latest national housing index shows. The Nationwide index says this take the average price of a home to £205,904 and suggest that the introduction of a 3% stamp duty surcharge on […] The post UK property growth was flat in October, latest index data shows appeared first on PropertyWire . Continue reading →
European commercial real estate markets seeing strong momentum
European commercial real estate markets are generally continuing to display strong momentum, particularly on the investment side, according to a new report. However, feedback remains cautious across much of Asia and the Middle East reflecting challenging macro conditions, says the latest global commercial property analysis from the Royal Institution of Chartered Surveyors (RICS). Investment enquiries […] The post European commercial real estate markets seeing strong momentum appeared first on PropertyWire . Continue reading →