A new survey has found that issues such as affordability and location are not the only issues that UK property buyers consider, as having nice neighbours and living in an area with a good community spirit were also found to be priorities. The research by Linden Homes found that living in a nice community was the second most valued aspect of life for people asked on their opinions on what makes a "positive...
Investment Property
Interest in German property is steadily on the rise, with British investors at the top of the list of those investing in the country, according to new research. A study by German property specialists DEGI has shown that there were 152 commercial property transactions in the first half of 2006, amounting to a total value of 21.34 billion (£14.75 billion). Overseas investors made up 55.2 per cent of...
The Bank of Ireland (BOI) has today reported that Ireland was found to be the second wealthiest country in a survey of the eight leading OECD nations and that property investment is the main factor in its success. Ireland was placed behind Japan in the list and it was noted that the average wealth per head of Irish citizens was almost 150,000 (£103,600). The report claimed that concerns over rising...
New research has shown that the level of buy-to-let investment activity in UK property is on the increase, as 14 per cent of mortgages handled by advisers are currently accounted for by these customers. Paragon Mortgages' research shows that this number has risen from the six per cent that was measured in June 2001 and the ten per cent of December 2004. This steadily increasing buy-to-let activity appears...
Large developers are beginning to lose out to individual buyers and investors in the Dubai property market, it has been claimed. Shuckri Bundakji of DSL Exhibitions, the organisers of the upcoming Resale and Rental Property Show, told Discover Dubai that it was "simply a matter of time" before supply and demand were determined by individuals prepared to buy property. Consequently, these individuals have...
It has been announced that investment in Indian property is to become a more viable option for those in the property market, as guidelines have been approved for real estate mutual funds. The Securities and Exchange Board of India (SEBI) has authorised a Real Estate Mutual Fund Scheme (REMFS) which will have an objective to invest both directly and indirectly in real estate property. There are restrictions...
Speaking at the Chartered Institute of Housing's (CIH) annual conference yesterday, economist Andrew Dilnot stressed the importance of UK property to the economy. He acknowledged the fact that Chancellor Gordon Brown did not have a huge amount of funding to allocate in the next spending review, but insisted that some of it must go to housing. One of the main reasons given for the expected shortage of...
Sir Digby Jones, the director general of the Confederation of British Industry (CBI), will underline the importance of the UK property sector later this week, at the annual conference of the Chartered Institute of Housing (CIH). In a keynote speech, Sir Digby will address hundreds of professionals who are responsible for the creation and maintenance of a large portion of the country's housing. One of the...
Urban development and real estate investment trusts (REITs) will be the driving factors behind the growth of the Asian property market, according to a new report. The 2006 Asia property review by credit ratings organisation Standard and Poor's (S&P) has suggested that the urban populations of Asian countries are set to expand over the coming years, as migration to these newly established areas takes...
The state of the UK property market appears promising for individuals looking to buy or sell a property, as people appear to be more willing to take out a mortgage at the present time. Research from the British Bankers' Association shows that net mortgage lending rose by an underlying £5.7 billion in May 2006. This is an increase from the £5.1 billion rise measured in April and also from the...