UK average rents are at their highest levels since 2014, reaching £996 – and marking the fifth consecutive month that the average price has increased, according to the latest analysis by Homelet.
First time buyers have delayed purchasing their properties by six months and three weeks as a direct result of the pandemic and are prepared to wait longer before they attempt to purchase a property, according to research by estate agency, Yopa.
Brits have always been a green-fingered bunch. However, due to several lockdowns, a highly impressive 71% of homeowners have invested in their garden since the start of last year, rising to 75% among those who have been furloughed.
International property consultant JLL's latest Residential Sales Market Monitor report shows Hong Kong's luxury residential capital values saw a 0.8% rebound q-o-q in the first quarter of 2021 after dropping 8.2% in 2020, while luxury rents remained largely flat with a mild drop of 0.2% q-o-q; both recorded the best performance since the second quarter of 2019.
Letting agents can play a key role in helping the rental sector adapt to the latest government legislation, known as Breathing Space, according to PayProp.
According to the National Association of Realtors, U.S. pending home sales increased in March 2021, snapping two consecutive months of declines. All but one of the four major U.S. regions experienced month-over-month gains in March, while each area recorded year-over-year growth.
The UK is on the move. A recent study by services company, GHD, has revealed that 40% of people in the UK are considering moving to a different location as a result of the COVID-19 pandemic, with a higher proportion of those considering a move among people living in urban areas and city centres.
The majority of London homes are not known for their generosity when it comes to outside space. In the current climate, where gardens and even parking spaces are a highly sort after commodity, landing a prime property close to open space may be your best shot.
Mortgage borrowers trapped on interest rates of more than 5% say they are “disappointed, distressed and betrayed” after MPs voted against a cap on how much lenders can charge.
A Dutch couple have become the proud new tenants of the country's first ever 3D-printed house.
Elize Lutz and Harrie Dekkers have been given the digital key to the gray, boulder-shaped building in the Bosrijk neighborhood of Eindhoven, in the southern Netherlands.
Opt in here