Better year for property sales


Better year for property sales

The number of property sales in Cyprus during December rose 13 per cent compared with the numbers sold in December 2014 according to official statistics published by the Department of Lands and Surveys. PROPERTY sale transactions in 2015 recorded only their second year-on-year increase since 2010, growing by 9 per cent to reach 4,952 compared…

UK property values expected to increase in 2016


UK property values expected to increase in 2016

Above:A fifth of UK homeowners have seen the value of their property already increase in 2016. As Knight Frank release its House Price Sentiment Index, homeowners in the UK are confident the value of their property will increase in 2016. Summary: A fifth of UK homeowners have seen the value of their property already increase…

UK housing activity up by 29% in 2015


UK housing activity up by 29% in 2015

The number of housing valuations increased by nearly 30% between December 2014 and December 2015, demonstrating high buyer confidence and growing demand. Summary: Activity in the UK housing market grew in 2015, with property valuations leaping by 29% Properties in the private rented sector experienced the biggest increase, with 86% more valuations in 2015 Annual…

U.K. Property Shows No Sign of Cooling After Year of Price Gain


U.K. Property Shows No Sign of Cooling After Year of Price Gain

Summary: Growth puts 300,000-pound average price in sight for 2016 Prime London market suffers after 2015 property-tax changes U.K. house prices rose for a 12th straight month in December and may hit an average 300,000 pounds ($433,000) this year if the current rate of growth continues, according to LSL Property Services Plc and Acadata. Average…

Manchester tops regional property league with £8.2bn of investment in the past decade


Manchester tops regional property league with £8.2bn of investment in the past decade

Above:Spinningfields, Manchester Manchester has been revealed as the city outside of London, which has attracted the highest level of commercial property investment over the past 10 years, securing an impressive £8.2bn. A new report published today by global property advisor CBRE, Core Cities, Core Strengths, shows that Manchester secured £8.2bn of commercial property investment in…

Average UK property price up to £200,000


Average UK property price up to £200,000

Above:The average price of property in the UK has risen to £196,999, a 4.5% increase year-on-year, following a strong market showing in December. Summary: Property prices in the UK rose by 0.8% in December, resulting in 4.5% year-on-year growth in 2015 High demand is outstripping supply across the UK, with the number of new builds…

December sales up 13%


December sales up 13%

The number of property sales in Cyprus during December rose 13 per cent compared with the numbers sold in December 2014 according to official statistics published by the Department of Lands and Surveys. During December a total of 513 contracts for the sale of commercial and residential properties and land (building plots and fields) were…

UK build-to-rent investment to hit £50bn by 2020?


UK build-to-rent investment to hit £50bn by 2020?

Above: Over half of 20 to 39-year-olds in Britain are expected to be renting in the next 10 years, so is the time to invest in build-to-rent now? Summary: £50 billion worth of investment over the next four years will see the build-to-rent sector account for 5% of the rental sector by 2020 UK-wide property…

Yield growth key to property investment success over next 5 years?


Yield growth key to property investment success over next 5 years?

Above:The yield of the average UK property could rise by as much as 25% over the next five years. Summary: A combination of high yields and capital growth can result in UK property generating total annual returns of around 14% Over the next five years, investors have been told that rents could rise at a…

Prime London property sales slump 25% in 2015


Prime London property sales slump 25% in 2015

Above:Stamp duty reforms and low oil prices are making real estate in the capital unaffordable for more investors. Summary: The total value of property transactions in some of London’s most expensive postcodes has fallen nearly 25% in 2015 Stamp duty reforms, low oil prices and changes to the non-dom tax status are contributing to the…