purchase
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 →
Home prices up 2.7% quarter on quarter in Australia as affordability becomes an issue
The national housing market in Australia has continued to show growth over the past quarter with capital city home values increasing by a further 2.7% according to the latest data. The increase in prices has taken the total value of residential property nationally to $6.7 trillion at the end of October 2016, according to the […] The post Home prices up 2.7% quarter on quarter in Australia as affordability becomes an issue appeared first on PropertyWire . Continue reading →