purchase

First time buyers better off than renters for eighth year, latest review shows

First time buyers in Scotland are on average £860 a year better off with their own home compared to those who rent, according to the latest research. The average monthly costs, including mortgage payments, associated with buying a typical three bedroom house stood at £522 in December 2016, some £72 lower than the typical monthly […] The post First time buyers better off than renters for eighth year, latest review shows appeared first on PropertyWire . Continue reading

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Prime property prices in key global cities up 1.4% on average in 2016

Prices in key prime property markets around the world increased by 1.4% on average year on year, almost unchanged from the increase recorded in 2015, the latest global index shows. Australasia was the strongest performing world region in 2016 with prices rising by 11.4% year on year with Shanghai prices up 27.4%, Beijing up 26.7% […] The post Prime property prices in key global cities up 1.4% on average in 2016 appeared first on PropertyWire . Continue reading

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First time buyers still struggle to save a home deposit

Young first time buyers in the UK are increasingly having to rely in the support of their grandparents to help finance a deposit for their first home, new research has found. Overall over the past five years there has been a large shift towards turning to family for help in order to get a foot […] The post First time buyers still struggle to save a home deposit appeared first on PropertyWire . Continue reading

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