Tag Archives: commercial-property
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 →
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 →
Over a Million of Britain’s Wealthiest Refused Credit Since 2011
More than a million of Britain’s wealthiest individuals have been turned down for credit over the past five years, new research by London-based bridging lender Market Financial Solutions (MFS) has revealed. According to MFS, 17% of high-net-worth individuals (HNWIs) have been refused credit since 2011, equating to 1.3 million people across the nation. Furthermore, the […] The post Over a Million of Britain’s Wealthiest Refused Credit Since 2011 appeared first on PropertyWire . Continue reading →