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UK Property News


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Rightmove Expects UK Property Market to Split

The latest statement made by Rightmove Plc, one of the largest UK property companies, suggests that the British property market shows some early signs of recovery despite the fact that property values in the areas that were hit the... (Continue reading)

Oxley Woods Houses Now Available Through FTBi

Home buyers looking for a detached house of their dream are being offered to visit the unique George Wimpey’s development, Oxley Woods, located in Milton Keynes. Not only is it attractive, it is also affordable due to the innovative First-time Buyers... (Continue reading)

Rightmove Reports a 2.2% Decline in Asking Prices

According to the Rightmove Plc, the beginning of August was marked by lowered asking prices on UK property. The latest data shows that an average British house is now being priced at £222,762, which is 2.2% lower than last month,... (Continue reading)

Liberty International Reports Stability in Commercial Property Sector

Last week Liberty International – UK’s largest mall owner – reported a 40% decline in interim net asset value per share; however, the company claimed it hopes that the British commercial property market have lived through its worst times. Mr. David... (Continue reading)

Landlords Wish to Get Rid of EPC’s

The latest report by the National Landlords Association – a nationwide body that represents the interest of UK landlords – suggests that owners of rental properties are determined that mandatory energy certificates are useless. In their opinion, the majority of tenants... (Continue reading)

AREF Reports Stabilization of UK Commercial Property Market

The latest report published by the Association of Real Estate Funds suggests that some of the unlisted UK property funds have reported the first net purchase activity, which is expected to demonstrate increased investor confidence. Rachel McIsaac, chief executive at the... (Continue reading)

Buy-off Practice Re-emerges in London

A large number of buyers are returning to London to invest thousands of pounds into property, the construction of which will not be completed for at least a year. The fact is being explained by property experts by increased buying... (Continue reading)

Foxtons’ Founder Says Property Market Reached a Turning Point

The founder of a reputable British estate agency – Foxtons Ltd. -, Mr. Jon Hunt, recently said that, in his opinion, the prolonged downturn on the UK property market is about to end. Despite the fact that Mr. Hunt sold the... (Continue reading)

Quintain Reports Stabilization of UK Property Market

The Quintain company – a British estates and development firm – recently claimed its fears of breaching banking covenants are not likely to come true as the rate of decline in property values significantly reduced in the 2nd quarter of... (Continue reading)

Mortgage Brokers Want FSA to Regulate BTL Market

A survey conducted in the mid-July by Exact Mortgage Experts suggests that the majority of British mortgage brokers want to see the UK buy to let property market regulated by the Financial Services Authority. The survey was conducted among 549 mortgage... (Continue reading)

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