Tag: Australia
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Brits Face Longest Wait to Sell Their Homes
Selling your home in the UK? Prepare for a long wait! A new study reveals it takes longer to sell a property in Britain than elsewhere in the world. Thinking of selling your home? You might want to buckle up for a long wait. New research has revealed that the UK has the slowest property…
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Size Does Matter – The Number You Need to Know Before Buying Your Next Home
We all know how many bedrooms our homes have, but ask about square footage, and you’ll likely get a blank stare. Turns out, 3 out of 5 of us haven’t got a clue about our property’s actual size – and that’s a big problem, especially for buyers. Think of it like this: you wouldn’t buy…
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Aussie House Prices Soar Past $790k
It’s been another tough year for aspiring homeowners in Australia, as house prices continue their relentless climb, with the average property now costing a jaw-dropping $794,000. According to the latest data from CoreLogic, property values jumped by $59,000 in the 12 months leading up to July. That’s an 8% increase in just one year! Perth…
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Build to Rent Landlords Want Favours from the Government
The big landlords are asking for special favours from the next government. They want more help building “Build to Rent” (BTR) homes – these are apartments designed specifically to be rented out, not sold. The British Property Federation (BPF) – which represents the big landlords – claims that there are already over 100,000 BTR homes…
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Get Ready for Higher Interest Rates – It’s Going to Be a Long Ride!
Get ready, folks, because the cost of borrowing is going to stay high for a while longer. That’s the word from the experts, and it means your finances could be affected. Financial gurus at deVere Group, a big name in money management, are warning that interest rates are likely to remain high throughout this year.…
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Aussie Home Prices Soar – Is This an Investment Opportunity?
Aussie homeowners are celebrating, but renters are crying into their takeaway coffees! Property prices in Australia have gone on a wild ride, jumping a whopping 8.3% in the last year. This price surge is all about supply and demand. There simply aren’t enough homes to go around, and that’s pushing prices sky-high. Imagine a crowded…
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New Mortgage for Foreign Nationals in the UK
Nottingham Building Society has introduced a new mortgage product designed specifically to aid foreign nationals working in the UK in their quest to own a home. This innovative offering comes as a response to the unique challenges faced by skilled workers from abroad when attempting to navigate the UK mortgage landscape. The mortgage is tailored…
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Landlords’ Fears Unfounded, Says Think Tank
A recent report by the Social Market Foundation (SMF) is challenging the prevailing winds of concern among landlords. Their message is clear: the apprehension surrounding stricter regulations, including the potential ban on Section 21 ‘no-fault’ evictions, might be much ado about nothing. The heart of the SMF’s findings lies in a comparative study with other…
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Global House Prices On The Rise Again
The global housing market is showing signs of a significant bounce-back, according to data from the Financial Times. After a period that saw the most substantial property downturn in a decade, data and analyses now suggest we’re at a pivotal turning point. A Global Rebound The latest analysis, drawing on data from the Organisation for…
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2024 A Better Year for Commercial Property
Key points – 2024 is shaping up to be a year of renewed vigor and promising opportunities, according to the latest report from Savills World Research. Let’s break down what this means for investors, home-seekers, and the everyday person interested in the property market. A Positive Turn for Real Estate Investment Researchers from around the…