The combination of tighter mortgage lending restrictions and perceptions that residential property is fully priced continues to slow Auckland housing activity. Property prices and sales were restrained in Auckland in September as New Zealand’s busiest real estate market copes with tighter mortgage lending rules. The latest data from real estate firm Barfoot & Thompson shows […] The post Auckland property market subdued by tougher lending conditions appeared first on PropertyWire . Continue reading
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UK sees first time buyer mortgages rise as buy to let slows
Home owners in the UK borrowed £12.2 billion for house purchases in August, up 14% month on month and 11% year on year, according to the latest data. They took out 66,000 loans, up 13% on July and 9% on August 2015, the figures from the Council of Mortgage Lenders (CML) show as house purchase […] The post UK sees first time buyer mortgages rise as buy to let slows appeared first on PropertyWire . Continue reading →
Prime central London rent market sees demand up as values fall
Demand in the prime central London lettings market continued to strengthen in September as uncertainty persisted over short term pricing trends in the sales market. The number of tenancies agreed in the three months to August rose 15.7% and marked the highest on record for the month, according to the latest index from real estate […] The post Prime central London rent market sees demand up as values fall appeared first on PropertyWire . Continue reading →




