affordable

Australian capital city rents down 0.3% in August

Residential rent prices in Australia’s capital cities fell by 0.3% in August, taking the median rent to $481 per week, the lowest since November 2014. It means that over the past year rental rates have fallen by 0.5% and are now 1.4% lower than when they peaked back in May 2015. In contrast, city rental […] The post Australian capital city rents down 0.3% in August appeared first on PropertyWire . Continue reading

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UK to speed up planning for new homes

Measures in the UK’s new Neighbourhood Planning Bill will support more house building and provide more local say over housing developments, it is claimed. According to Housing and Planning Minister Gavin Barwell it will speed up and strengthen the popular neighbourhood planning process by simplifying how plans can be revised as local circumstances change and […] The post UK to speed up planning for new homes appeared first on PropertyWire . Continue reading

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First time buyers facing higher prices also have less mortgage choice, says new report

The average cost of a first time buyer home in the UK reached £161,912 in June which means that the need for high loan to value lending is increasing, according to a new report. However, the number of high loan to value (LTV) mortgage products has fallen for the two consecutive months since the UK […] The post First time buyers facing higher prices also have less mortgage choice, says new report appeared first on PropertyWire . Continue reading

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