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First time buyer activity in UK housing market soars at expense of buy to let

First time buyer activity accounted or 36% of UK housing market in February, up from 28% a year ago but the buy to let market has fallen off considerably, the latest research shows. Indeed, buy to let purchases fell below 10% last month, the first time it has been at that level in five years, […] The post First time buyer activity in UK housing market soars at expense of buy to let appeared first on PropertyWire . Continue reading

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Residential property sales in Hong Kong up after pause for New Year festival period

Residential sales volume in Hong Kong rebounded in February, with both sellers and buyers returning to the market after the Lunar New Year festival, particularly in the primary market, the latest research shows. Overall sales rebounded 24% and more new flats were launched during the month, with developers offering various sweeteners to offset the impact […] The post Residential property sales in Hong Kong up after pause for New Year festival period appeared first on PropertyWire . Continue reading

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Disappointing lending figures suggests UK mortgage market is in decline

The number of loans advanced for house purchases in the UK in January was at its lowest monthly level since February 2015 and at a near two year low, the latest data shows. Home buyers borrowed £8.4 billion in the first month of the year, down 28% on December and unchanged on January 2016. This […] The post Disappointing lending figures suggests UK mortgage market is in decline appeared first on PropertyWire . Continue reading

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