Latest Property News

• London prime residential property expected to continue growth in next five years
  

  Published 11th Nov 2011

  The UK’s prime residential real estate markets have historically been driven by equity not borrowing, but the international equity now driving prime central London is creating a market increasingly detached from the UK’s other prime markets, according to international real estate adviser, Savills, which published its five year forecasts for the UK

• Property sales rise in all states in the US
  

  Published 11th Nov 2011

  Sales of residential property in the United States have risen in every state in the third quarter of 2011 compared with the previous year, the latest data from the National Association of Realtors

• Mortgage famine creates rental boom
  

  Published 11th Nov 2011

  Rents across Britain will rise by more than 20% over the next five years from today's already record levels, estate agency Savills has forecast, as the mortgage famine forces more and more families into the private rented sector

• UK commercial property performance holds firm
  

  Published 11th Nov 2011

  UK commercial property performance held firm in October, with total returns of 0.6%, matching September's figure, according to CBRE's latest Monthly Index

• Irish judge orders record 300 million euro paid to NAMA
  

  Published 09th Nov 2011

  An Irish court on Wednesday ordered two property developers to repay over 300 million euros (259 million pounds) each to the country's state-run National Asset Management Agency (NAMA), the agency's largest award to date

• Rental properties snapped up in record time
  

  Published 09th Nov 2011

  Soaring demand for rental property means homes are being let in record time, even though more properties are coming on to the market, according to research from lettings agent Countrywide

• Strong growth in UK residential property mortgage valuations
  

  Published 09th Nov 2011

  Residential mortgage valuation activity in the UK continued its strong annual growth in October, according to the latest Housing Market Activity Report by Connells Survey and Valuation