Tag Archives: finance-update

Prime property price growth slowing in key global cities

Luxury homes in some of the world’s top cities saw a slowdown in price growth in the last quarter as new taxes, elections, referendums and economic jitters had an effect. Despite an average annual growth rate of 3.8% some 18 of the 37 cities tracked by the Knight Frank prime global cities index saw their […] The post Prime property price growth slowing in key global cities appeared first on PropertyWire . Continue reading

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Residential rents up 2.3% year on year in UK

Private rental sector prices paid by tenants in Britain increased by 2.3% in the 12 months to September 2016, unchanged compared with the year to August 2016, the latest official data shows. There is some regional variation with the data from the Office of National Statistics (ONS) showing rents up by 2.5% in England and […] The post Residential rents up 2.3% year on year in UK appeared first on PropertyWire . Continue reading

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Hundreds of homes to be demolished for new third runway at Heathrow Airport

Hundreds of home owners will get compensation from the UK Government for 125% of the value of their properties after it was announced that a third runway will be built at Heathrow Airport in London. Parts of some villages will be demolished to make way for the runway which is set to open in 2025 […] The post Hundreds of homes to be demolished for new third runway at Heathrow Airport appeared first on PropertyWire . Continue reading

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