Tag Archives: national

Sales plummet in Vancouver, Canada, after foreign buyers tax was introduced

A new tax for foreigners buying property in Vancouver in Canada has resulted in sales plummeting and prices are also heading down. However the British Columbia Government has announced that foreign buyers with work permits who live and work in the state will no longer need to pay the 15% extra tax introduced last year. […] The post Sales plummet in Vancouver, Canada, after foreign buyers tax was introduced appeared first on PropertyWire . Continue reading

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Basement extensions becoming more popular in the UK

The extent of the trend for home owners in the UK to build basement extensions is revealed by new research which shows planning applications for this kind of work has increased by 9% in the last two years. But in London they are even more fashionable with a rise of 11% in applications to local […] The post Basement extensions becoming more popular in the UK appeared first on PropertyWire . Continue reading

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Central London office market can flourish post Brexit, says new analysis

London is a global city, already operating beyond the European Union, and its commercial property market has the ability to flourish after Brexit, according to new research. Of £9.3 billion of overseas capital invested in central London offices some 80% came from outside Europe. China and Hong Kong were the largest source of foreign investment, […] The post Central London office market can flourish post Brexit, says new analysis appeared first on PropertyWire . Continue reading

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