Fewer Quality Homes being Sold in the UK

According to an article in The Telegraph, analysts think the number of large family homes being sold in the United Kingdom has slumped due to an increase in stamp duty costs. Estate agents are estimating that the number of quality homes being sold in certain parts of the country has fallen by between 20% and […]

London Agent Posts Record Profits

Knight Frank, a London-based real estate consultancy recently posted record profits for the past year. This is mainly due to investors who are looking for better value outside London as well as the completion of a number of high profile deals. Pre-tax profits for the firm increased by 19% to £162 million, while sales increased […]

UK Mortgage Borrowing Increased in August

In August, mortgage borrowing in the UK increased by the greatest amount since the beginning of the financial crisis and according to the article in the Financial Times is just the latest sign that the real estate market is starting to heat up. Last month net lending increased by £3.4 billion which is the largest […]

Higher Interest Rates Could End UK Property Boom

The possibility of an interest rate increase by the Bank of England as early as next year could herald an end to the property boom in the United Kingdom. According to an article in the Wall Street Journal, analysts fear that higher rates could lead to a decline in real estate companies share prices which […]

UK Real Estate Prices Continue Trending Upwards

A recent report by UK mortgage lender, Nationwide showed house prices in the nation increased last month having fallen slightly in June. There are now signs that they are beginning to stabilize close to the pace of earnings growth. The report from Nationwide showed that house prices rose by 0.4% which was in line with […]

UK to Crack down on Foreign Money Laundering in Real Estate

The UK prime minister, David Cameron was recently in Singapore to give a speech at the Lee Kuan Yew School of Public Policy. During the speech Mr Cameron outlined plans to clamp down on foreign criminals who are using shell companies to invest in real estate in London. The announcement came after the National Crime […]

European QE Fuelling House Price Bubble

According to a new study, the European Central Bank’s quantitative easing program runs the risk of causing a property price bubble in several countries due to investors putting money into real estate. The report to by Moody’s Analytics says that the UK, Norway and Germany are most at risk due to continued low interest rates […]

OnTheMarket.com: Is it Worth the Gamble?

This week saw the launch of a brand new, and some might say quite controversial property portal in the UK, called OnTheMarket.com. This new property portal has been founded by a conglomerate of UK real estate agents in an attempt to break the duopoly of Rightmove and Zoopla. The agents involved include Savills, Knight Frank, […]

England’s Help to Buy Scheme Proving Beneficial across the Country

The UK government’s Help to Buy scheme has been taken up by nearly 20,000 people in England during the first 12 months. The scheme accounted for nearly one third of all new build home sales during this time. In addition, it has accounted for 2.4% of property sales throughout England. Even though the scheme is […]

UK Real Estate Prices Set to Rise 35% by 2020

UK real estate experts are predicting that house prices will increase by 6% annually for the next five years. According to the Royal Institution of Chartered the Surveyors some homeowners are afraid to put their property on the market for fear of not finding anything else, as there is a chronic shortage of homes for […]

RealtyBizNews: Real Estate Marketing & Beyond