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Prime property rents up by 0.5% year on year globally, latest index shows
Prime global property rents increased by 0.5% in the year to June 2016, the first indication of a recovery in this real estate sector for 12 months, the latest index data shows. Growth was led by Moscow with prime rents rising by 11.1% on an annual basis while North America is the strongest performing world […] The post Prime property rents up by 0.5% year on year globally, latest index shows appeared first on PropertyWire . Continue reading →
Stress tests for UK buy to let mortgages set for start of 2017
Landlords wanting a buy to let mortgage in the UK will face tougher rules from lenders from next year but only for certain products it has been confirmed. But buy to let mortgages with terms of less than five years, or rates fixed for five years or more, are not to be subject to the […] The post Stress tests for UK buy to let mortgages set for start of 2017 appeared first on PropertyWire . Continue reading →
Average price of a typical property in Ireland up over €200,000 for first time
The average price of a three bedroom semi-detached house in Ireland has risen above €200,000 for the first time since the country emerged from the property crash, the latest data shows. The average home in this sector now costs €200,093, a rise of 2.4% since the end of June, and up 6.37% year on year, […] The post Average price of a typical property in Ireland up over €200,000 for first time appeared first on PropertyWire . Continue reading →