Tag Archives: mortgage rates
Sales plummet in Vancouver, Canada, after foreign buyers tax was introduced
A new tax for foreigners buying property in Vancouver in Canada has resulted in sales plummeting and prices are also heading down. However the British Columbia Government has announced that foreign buyers with work permits who live and work in the state will no longer need to pay the 15% extra tax introduced last year. […] The post Sales plummet in Vancouver, Canada, after foreign buyers tax was introduced appeared first on PropertyWire . Continue reading →
Research reveals extent of gazumping in UK property market
Buyers in London are the most ruthless in the UK with new research showing they are three time more likely to indulge in gazumping than the national average. Gazumping, where a buyers puts in a last minute bid for a property once the seller has already accepted another one, is often a feature of a […] The post Research reveals extent of gazumping in UK property market appeared first on PropertyWire . Continue reading →
Average house price in England could reach close to £1 million by 2037
Residential property prices in England could average over £300,000 in the next decade if they rise as much as they have in the last 10 years, new research shows. In London they would rise to over £800,000 and in the South East of England the average would be over £445,000, according to the study from […] The post Average house price in England could reach close to £1 million by 2037 appeared first on PropertyWire . Continue reading →