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Prices in Australian capital cities set new record highs in October

Property prices in key cities in Australia reached new record highs in October, up 7.5% year on year to an average of $585,000, according to the latest index figures. However the pace of annual growth has slowed with the data from CoreLogic also showing month on month growth of 0.5% and quarterly growth of 2.7% […] The post Prices in Australian capital cities set new record highs in October appeared first on PropertyWire . Continue reading

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Residential rent growth falling across much of the UK

Residential rental growth is slowing in the UK with the average rent up by just 0.05% in October, down from the 0.09% recorded the previous month, the latest index data shows. Growth was slowed in particular by a 0.11% fall in rents in London while when the city is excluded the growth was 0.14% in […] The post Residential rent growth falling across much of the UK appeared first on PropertyWire . Continue reading

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UK mortgage industry not keen on seven day switching, survey shows

Plans to shorten the procedure for switching mortgages in the UK to just seven days have little chance of being implemented effectively without delays or compromising regulatory checks, according to lenders and brokers. The Department for Business, Innovation and Skills (BIS) announced in May that it was looking to shorten the time it takes consumers […] The post UK mortgage industry not keen on seven day switching, survey shows appeared first on PropertyWire . Continue reading

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