Estates
Calls for leasehold new build sales to end in the UK
Newly built homes in the UK are being left unsaleable after catching house buyers in a leasehold property trap, with owners being asked to fork out five figure sums for freeholds, it is claimed. With a 999 year long lease and marketing describing them as ‘virtually freehold’, new build properties are becoming increasingly attractive to […] The post Calls for leasehold new build sales to end in the UK appeared first on PropertyWire . Continue reading →
Scottish prime property market activity remains robust despite tax change and Brexit
It has been a year of adjustment for Scotland’s prime property market with further changes to property taxation and wider economic uncertainty affecting prices. Prices fell by 0.4% between October and December and year on year prime prices are 1.1% lower although activity levels remain robust, according to the latest index report from real estate […] The post Scottish prime property market activity remains robust despite tax change and Brexit appeared first on PropertyWire . Continue reading →
Rent gap between London and rest of UK narrows
Residential rents outside London have risen faster than in the capital for the first time since 2010 with the gap steadily growing over the last five years, new research shows. The average London rent fell 0.7% year on year on November, the sharpest fall since October 2010 but it still some 60% higher than in […] The post Rent gap between London and rest of UK narrows appeared first on PropertyWire . Continue reading →




