Leasehold

US real estate prices growing at fastest annual pace since 2006

National prices across the United States increased at their fastest annual pace since 2006, near the peak of the housing bubble, the latest index data shows. Home values are 6.5% higher than in November 2015, according to the Zillow Home Value Index which reached $192,500, just 2% short of the records set in 2007. However, […] The post US real estate prices growing at fastest annual pace since 2006 appeared first on PropertyWire . Continue reading

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Home owners in UK willing to pay more for character properties

Owners in the UK seeking a character home want properties with high ceilings, original fireplaces and wood burning stoves and will pay more for these features, a new survey has found. Some 11% named the AGA cooker at their most desirable home feature and they were willing to pay on average £700 more for a […] The post Home owners in UK willing to pay more for character properties appeared first on PropertyWire . Continue reading

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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

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