New Homes
Value of homes in UK up 51% or £1.9 trillion since 2006
The total value of privately owned residential properties the UK has grown to over £5.5 trillion for the first time, according to new research. In the last 10 years the total value has increased by 51% or £1.9 trillion to an estimated £5.6 trillion, a rise that has comfortably out-paced the retail price index, which […] The post Value of homes in UK up 51% or £1.9 trillion since 2006 appeared first on PropertyWire . Continue reading →
New home lending falls in Australia as stamp duty costs rise
The number of new home loans being approved in Australia fell slightly in October, down 0.4% month on month and are now 2.4% below a year ago, the latest published data shows. The number is likely to ease back towards the end of 2017 as fewer new homes are being built, according to the Housing […] The post New home lending falls in Australia as stamp duty costs rise appeared first on PropertyWire . Continue reading →
Call for rental housing database in the UK
The British Government should create a central database of house holders in rented properties as an alternative to the current system of tenant funded credit and reference checks, it is claimed. According to a new policy paper from the Royal Institution of Chartered Surveyors (RICS) the proposed database would hold landlord references and past rental […] The post Call for rental housing database in the UK appeared first on PropertyWire . Continue reading →