Spain

Glut of unsaleable new homes in Spain down by 20% in 2016

A glut of homes built in Spain during the boom housing years before the crash of 2007 which have been difficult to sell is steadily falling but some will never sell, according to new research. Some of the houses may end up being demolished but the glut is now non-existent in several areas of the […] The post Glut of unsaleable new homes in Spain down by 20% in 2016 appeared first on PropertyWire . Continue reading

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Overseas investors boosted central London office market after Brexit vote

Central London’s office investment market has seen a strong 2016 with total turnover expected to reach more than £16.8 billion, some 20% ahead of the long term average. The research from real estate firm Savills also shows that the 2016 total is likely to be only 15% down on 2015, one of the strongest years […] The post Overseas investors boosted central London office market after Brexit vote appeared first on PropertyWire . Continue reading

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CML publishes more pessimistic outlook for home lending in UK in 2017

The Council of Mortgage Lenders, which represents the vast majority of home lenders in the UK, has revised its forecast for 2017 downwards from previous expectations of a year ago. It say that the change reflects economic uncertainties as well as new tax burdens and regulatory changes in the housing and mortgage markets but it […] The post CML publishes more pessimistic outlook for home lending in UK in 2017 appeared first on PropertyWire . Continue reading

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