Real Estate News
Dec 11, 2013
Average British home prices up by 4.4% in 2013, latest data shows
The value of the average British home has risen by £10,329 during 2013, an increase of 4.4% over the year which represented a gain of £28.
Over the next three to six months, prime office market performance in Asia Pacific is likely to reflect some of the uncertainty surrounding the region’s economy, according to the latest index report from Knight Frank.
The housing and mortgage markets in the UK look set to continue to show greater levels of activity in 2014, according to the latest forecasts from the Council of Mortgage Lenders.
London property prices will continue to outperform those in the rest of the UK in 2014, but the rate of growth is expected to stabilise, according to a new report.
Real Estate News
Dec 9, 2013
More people in the UK renting for longer, research finds
Although renting privately continues to be regarded as a short term measure in the UK more people are renting for longer, according to a residential research report from property group Savills.
The UK’s Office for Budgetary Responsibility (OBR) has revised its forecast for house price growth for the next five years 15% to 27%.
The decision announced today that foreign owners of property in the UK that is not their main residence will pay capital gains tax is unlikely to have much impact on overseas buyers, according to property experts.
Average UK house prices increased by 0.9% in October and are up 11.5% year on year, taking the average value of a home to £191,343, according to the latest data from haart estate agents which cover a network of over 100 branches around the country.