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Halifax says market has been helped by easing of borrowing costsBusiness live: latest updatesUK house prices rose unexpectedly for a third month in a row in March in a sign of “resilience” in the market according to the latest report from Halifax.The l…
Average property drops 3.1% to £257,122 over year to March, says NationwideBusiness live updates: UK house prices in biggest fall since 2009UK house prices have fallen at their fastest annual rate since the aftermath of the financial crisis in 2009, wi…
A new law will impose extra tax on sales of more than $5m starting 1 April – and sellers are desperate to unload before the deadlineAs the clock ticks down to the start of Los Angeles’ new “mansion tax”, the city’s real estate market is offering some d…
Osborne says the scheme, which closes Friday, ‘helped hundreds of thousands of families’, but critics argue it was ‘only a gimmick’George Osborne’s Help to Buy scheme officially shuts this Friday, a little over a decade after the then chancellor launch…
Collapse in demand for property may be bottoming out but no return to boom conditions, analysts sayMortgage approvals rose for the first time in six months in February amid signs that the collapse in demand for property seen last autumn might be bottom…
Average monthly cost of owning 3-bed home is £500 a year less than renting, but the gap is narrowingHomeowners in the UK are nearly £500 better off a year than renters, according to new research from Halifax.The average monthly cost of owning a three-b…
Country Garden’s 2022 forecast is another blow for country’s embattled sectorChina’s top property developer expects to record a loss in 2022 – its first since the company went public in 2007 – in another blow for the country’s embattled property sector…
Rics data for February shows improvement in new buyer inquiries and salesThe UK housing market remains in decline but there are some signs of stabilisation, with an improvement in new buyer inquiries and sales last month, according to surveyors.Many to…
‘Relay loans’ that can pass on to children follow other moves to make borrowing more flexibleIn an attempt to stimulate China’s flagging housing market, banks in some cities are extending the upper age limit on mortgages to between 80 and 95.Although n…
Annual rise of £425bn smaller than in previous two years, says Savills as it predicts fall in house prices in 2023The total value of all homes across the UK has reached a record high of £8.7tn but rising mortgage costs are likely to lead to a dip in 20…