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Property

Home/Property

UK landlords spend £3,000 annually on rental properties

New research has found that landlords spend more than £3,000 each year looking after their rental properties.

Allianz Real Estate expands UK presence

The real estate arm of German insurer Allianz Group has set up an office in London to help expand its presence and partnerships in the city and across Europe.

Bovis Homes no longer in discussions over £1bn deal for Galliford Try housing business

Housebuilding giant Bovis Homes has confirmed it is no longer in discussions to acquire rival Galliford Try’s housing business, after a deal worth £1.05 billion was rejected last week.

Northern Ireland house prices continue to outperform other UK regions

House prices in Northern Ireland continued to outperform other UK regions last month, but activity in the market is reported to be falling back, according to a new survey today.

Demand for student accommodation in the UK remains positive

A new report from Knight Frank has found that demand for purpose-built student accommodation (PBSA) across the UK is forecasted to continue growing, due to a high increase in the number of applications for the next academic year.

First-Time Buyers using Help to Buy are paying 12% property premium

First-time buyers (FTBs), using Help to Buy, paid an average of 12% more for their property when compared with independent buyers.

Average rental prices rise in England and wales

Average rent prices in England and Wales rose 0.4% year-over-year in February, with an annual growth rate of 1.4%, according to a report from Your Move released on Wednesday.

More UK landlords switching to limited company status to buy property

UK landlords with bigger property portfolios are switching to limited company status to buy new properties, according to research carried out by specialist lender Precise Mortgages.

Brexit fears hamper spring property revival

Brexit is taking its toll on the traditional spring property revival, pushing down asking prices across the UK by 0.8% in the year to March, according to property website Rightmove.

Melbourne moves down in global luxury property market rankings

Australian city of Melbourne has slipped down the rankings in global luxury property market on Knight Frank’s Prime International Residential Index (PIRI), having gained 2.2 per cent gains last year. Although the city still ranks among the world’s top 50 for price growth.