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Overseas investments boost office markets in UK regional cities
Investment into the office market in UK cities was buoyed by overseas buyers in 2016 with international money accounting for 45% of all transactions, up 10% year on year. Despite investment volumes falling from £3.2 billion in 2015 to £2.5 billion in 2016, principally because of political turbulence, overseas investment remained consistent at £1.1 billion, […] The post Overseas investments boost office markets in UK regional cities appeared first on PropertyWire . Continue reading →
Buying conditions better for second steppers in UK but they don’t think it is
While property market conditions have significantly improved in the UK over the past six years, buyers and sellers face fresh frustrations and lack of confidence in moving to the next step, new research has found. Second Steppers, mostly couples and young families moving on from their first time buyer home, think it will be harder […] The post Buying conditions better for second steppers in UK but they don’t think it is appeared first on PropertyWire . Continue reading →
Mayor of London urges short term letting agents to enforce 90 day limit
Short term letting agents in London are being urged by the city’s Mayor to follow Airbnb’s lead by blocking hosts from renting out homes in the capital for more than 90 days. Airbnb, which has about 50,000 listings in London, announced in December last year that it would place a block on its website so […] The post Mayor of London urges short term letting agents to enforce 90 day limit appeared first on PropertyWire . Continue reading →