Latest News
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Are AirBNB Shares a Good Buy?
Motley Fool rounds up the latest figures on AirBNB to see if their shares are a desirable choice right now. Airbnb in a Nutshell Airbnb recently reported impressive earnings: a revenue of $2.5 billion and earnings per share of $0.98. Both these figures went up significantly compared to the previous year and exceeded Wall Street…
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Thinking of Selling Your Land? Here’s What You Need to Know
Could you sell some of your land to property developers? 24housing looks at your options. Land Demand is High!Thanks to the current housing crisis and shortage of homes, developers are on the hunt for land. Whether you’ve got a garden, a field, or inherited some property, this might be the golden moment to consider a…
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Bridging Loans in the UK – Q2 Review
Financial Reporter reviewed the latest bridging loan activity in Q2 of 2023, from Bridging Trends data. What are Bridging Loans? Think of bridging loans as short-term financial bridges. They’re used by people who need money quickly, usually to buy a property before they sell their current one. It’s a bit like a short-term advance on…
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US House Prices to Drop in 2024? Morgan Stanley Prediction
Investment bank Morgan Stanley has given their predictions for the short-term future of the US housing market. Summary In Simple Words: House prices have been on a rollercoaster ride, going up and down. Morgan Stanley thinks they will go down by 2% next year, but others, like Zillow, are more optimistic. Important things to watch…
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Commercial Lenders Stop Lending
The Financial Times reports on the ongoing problems in CRE (Commercial Real Estate). What’s happening? Some big names in the commercial real estate lending world have stopped lending money to new borrowers. This includes major firms like Blackstone Mortgage Trust, KKR Real Estate Finance Trust, and Starwood Property Trust. Why does this matter? Imagine a…
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London’s Shrinking Rental Market
The London School of Economics and Savill’s have produced a report into the market in London for rented property. They conclude that the London rental market is seeing a significant reduction in the number of properties available. Here’s a breakdown of what’s happening: In Simple Terms: London is facing a housing crunch. Fewer properties are…
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A Simple Guide to Buy-to-Let Mortgages
The Telegraph has published a guide to the way buy-to-let mortgages work, and how to apply for one. Here’s a summary – In a nutshell: Buy-to-let can be profitable, but it’s essential to be informed, consider tax implications, and seek expert advice when needed.
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Deposit Inflation Hits UK Home Buyers
UK property buyers are having to save up to £11,500 more for a deposit on their house, according to Mortgage Advice Bureau. What’s happening? If you’re hoping to buy a house in the UK in the next couple of years, you might need to save more money than you originally thought for your deposit. Research…
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Prime Central London – Prices Down, Lettings Up
Knight Frank’s latest research shows a mixed picture for the most expensive areas of the capital. Houses prices are down but the number of lettings available is rising. 1. Property Prices: 2. Property Sales: 3. Renting in London: Deeper Dive: Why are the London prices and sales behaving this way? What’s happening in the rental…
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Half of Sellers Drop Asking Prices
Figures from Hamptons estate agents show that half of UK house sellers are cutting their asking prices. House Prices: Where are prices dropping the most? Interest and Mortgage Rates: Why are people dropping their house prices? How are businesses affected? In a nutshell, if you’re looking to invest, the property market is currently a bit…