Outlook

Prime property rents up by 0.5% year on year globally, latest index shows

Prime global property rents increased by 0.5% in the year to June 2016, the first indication of a recovery in this real estate sector for 12 months, the latest index data shows. Growth was led by Moscow with prime rents rising by 11.1% on an annual basis while North America is the strongest performing world […] The post Prime property rents up by 0.5% year on year globally, latest index shows appeared first on PropertyWire . Continue reading

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Stress tests for UK buy to let mortgages set for start of 2017

Landlords wanting a buy to let mortgage in the UK will face tougher rules from lenders from next year but only for certain products it has been confirmed. But buy to let mortgages with terms of less than five years, or rates fixed for five years or more, are not to be subject to the […] The post Stress tests for UK buy to let mortgages set for start of 2017 appeared first on PropertyWire . Continue reading

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UK house prices continued to see steady growth in September

House prices in the UK increased by 0.3% in September but annual property price growth has slowed to 5.3% from 5.6% in August, according to the latest index to be published. The monthly rise took the price of an average home to £206,015, the data from the Nationwide Building Society, one of the biggest lenders, […] The post UK house prices continued to see steady growth in September appeared first on PropertyWire . Continue reading

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