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Home buyers in UK set to benefit from continued low mortgage rates during Brexit negotiations

Home owners and would be first time buyers are unlikely to see mortgage rates rise in the short term, according to experts who say the Bank of England monetary policy committee report signals unlikely change due to Brexit negotiations. The committee’s report says that is expects the economy to slow down during the difficult Brexit […] The post Home buyers in UK set to benefit from continued low mortgage rates during Brexit negotiations appeared first on PropertyWire . Continue reading

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Property prices up in all but one capital city in Australia in January

Residential property prices in Australian capital cities increased by 0.7% in January with growth led by Hobart, Sydney and Melbourne, the latest index shows. The January rise was lower than the 1.4% recorded in December, but higher than the readings for October and November last year, when capital city dwelling values rose by 0.5% and […] The post Property prices up in all but one capital city in Australia in January appeared first on PropertyWire . Continue reading

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Development land market in UK rebounds from post Brexit slowdown

The development land market in the UK returned to more normal conditions at the end of 2016 recovering from the market caution immediately after the vote in June to leave the European Union, according to new research. However, land buyers are being more selective, seeking more due diligence and negotiating deferred payments in many cases, […] The post Development land market in UK rebounds from post Brexit slowdown appeared first on PropertyWire . Continue reading

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