marketing
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 →
City of London continues to see robust commercial property sales post Brexit
The City of London property market remains a magnate for overseas real estate investment despite Brexit and is particularly popular with buyers from South East Asia. New research shows that the location has witnessed significant capital inflows since the referendum in June despite an initial pause for breath. Since the vote, approximately £2.5 billion of […] The post City of London continues to see robust commercial property sales post Brexit appeared first on PropertyWire . Continue reading →
Greater London sees year on year asking prices fall for first time since 2010
Greater London is the UK’s worst performing region with prices down by 0.4% over the last 12 months while average prices in England and Wales have seen their biggest monthly fall for two years. Overall asking prices fell by 0.4% in England and Wales and are just 3.4% above a year ago, according to the […] The post Greater London sees year on year asking prices fall for first time since 2010 appeared first on PropertyWire . Continue reading →