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UK home owners embraced remortgages in 2016 due to record low rates

The value of remortgaging in the UK increased by 21% year on year in 2016 reaching £65.7 billion with home owners doing so more often, new research shows. Remortgage enthusiasm was driven by record low rates, anticipation of a rate rise in 2017 and the decision by the UK to leave the European Union, according […] The post UK home owners embraced remortgages in 2016 due to record low rates appeared first on PropertyWire . Continue reading

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Cheapest and most expensive home sales in England and Wales revealed

The latest data from the land registry shows that the cheapest home sold in England and Wales was just £14,000 and the most expensive over £16 million at the end of 2016. Overall the official data shows that some 31,955 sales took place in England and Wales in December 2016. Some 610 were properties in […] The post Cheapest and most expensive home sales in England and Wales revealed appeared first on PropertyWire . Continue reading

Posted on by tsiadmin | Posted in 2017, ads, advice, AGA, age, Ais, applications, ASA, Asia, Asia Pacific, awards, ban, bank, bottom, Brexit, build, building, buy, Buy to Let, Buyers, buying, change, Chelsea, city, commercial, Commercial Property, Company News, controls, data, Demand, detached, develop, Development, developments, divide, Energy, England, estate, Estates, Europe, expensive, family, features, finance, Finance Update, fines, flat, Flats, future, growth, home, homes, Hong Kong, Housing, impact, Index, interest, interest rate, interest rates, invest, Investment, investments, investors, Kensington, land, land registry, Legal, lender, lenders, letting, Lettings, lettings market, listings, Location, London, luxury, market, mayor, million pound, month, mortgage, mortgage rates, move, moving, new, new build, New York, News, nominations, North America, older, omes, ONS, overseas, plan, policy, price, prices, prime, products, propert, properties, Property, property market, Property Sales, Property Wire, range, rates, record, regeneration, registered, release, rent, rental, rents, research, Residential, rise, sales, Scotland, search, semi-detached, shared, Shows, site, sold, Spain, Stamp Duty, standard, start, states, street, survey, target, tax, Taylor Scott International, Tenants, Transactions, TSI, U, Uk, UK< property, UK< property market, US, USE, value, Wales | Tagged , , , , , , , , , , | Comments Off on Cheapest and most expensive home sales in England and Wales revealed

Stamp duty impacts Hong Kong property market with sales down almost 50%

The decision to raise stamp duty rates to 15% for all but local first time buyers in early November has led to a slowdown in sales in Hong Kong. Residential sales fell by 47.3% month on month in December 2016 across all price ranges as the tax change combined with the holiday season to dampen […] The post Stamp duty impacts Hong Kong property market with sales down almost 50% appeared first on PropertyWire . Continue reading

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