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Calls for leasehold new build sales to end in the UK
Newly built homes in the UK are being left unsaleable after catching house buyers in a leasehold property trap, with owners being asked to fork out five figure sums for freeholds, it is claimed. With a 999 year long lease and marketing describing them as ‘virtually freehold’, new build properties are becoming increasingly attractive to […] The post Calls for leasehold new build sales to end in the UK appeared first on PropertyWire . Continue reading →
More people, especially first time buyers, moving away from costly London market
More people living in London are opting to move house with one in five going to the north of England or the Midlands, new research has found. It is suggested that some may be moving away due to the price of homes in the capital and while once they would have moved to surrounding areas […] The post More people, especially first time buyers, moving away from costly London market appeared first on PropertyWire . Continue reading →
Scottish prime property market activity remains robust despite tax change and Brexit
It has been a year of adjustment for Scotland’s prime property market with further changes to property taxation and wider economic uncertainty affecting prices. Prices fell by 0.4% between October and December and year on year prime prices are 1.1% lower although activity levels remain robust, according to the latest index report from real estate […] The post Scottish prime property market activity remains robust despite tax change and Brexit appeared first on PropertyWire . Continue reading →