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Confidence climbing in Spain and Portugal

Confidence is climbing both Spain and Portugal, as agents enjoy rising demand and improving prices. The March 2015 RICS/Ci market review revealed that confidence among Portuguese professionals climbed once again, as the index hit another record high. The positive sentiment is fuelled by strengthening market fundamentals, with sustained increases in both enquiries and sales, as well as house prices...

Appetite for Turkey boosted by weak lira

Demand for property in Europe has risen significantly in recent months, as political and economic uncertainty has left the euro weaker than the both the pound and the dollar. Increased spending power among British and American buyers has made European destinations such as Portugal and Spain more affordable. Indeed, on HomesGoFast.com, Spanish property is now the most popular in the world.  While...

London property market celebrates Conservative election win

The London property market is celebrating the Conservative Party's general election win, as buyers and seller return to business as usual. The market held its breath in anticipation of the 7th May vote, as Labour's proposed mansion tax would have seen homes worth more than £2 million charged £3,000 per year; a fee that, combined with the promised crackdown on non-doms,  was...

One in four tenants vote Labour

As the UK prepares to vote for its new government on Thursday 7th May, housing has become an increasingly key topic for the general election.  With 8.5 million tenants in the UK, the expanding private rented sector is set to be a major factor in the final count. Who, though, would tenants vote for? A new survey by Upad reveals that one in four would back Labour. Indeed, the party, led by Ed Miliband,...

UK property experts give Bank Holiday advice

May Bank Holiday may never be the same again for those in the UK looking forward to a long weekend. One of the biggest questions what to do with the extra day has been answered by several prominent property experts. UK property portal The House Shop asked 15 UK property experts what advice they would give on the best way to spend the Bank Holiday . Advice is varied and very interesting from...

UK house prices record highest monthly increase since June

London, where only 43 properties are affordable enough for an average family buying their first home UK house prices have risen by the highest monthly amount since June 2014, according to Nationwide. The lender's new house price index shows that house prices edged up 1 per cent in April 2015 compared to March 2015, a far quicker increase than the 0.1 per cent monthly growth recorded in the previous...

Labour letting proposals popular with tenants but not with landlords

    Labour has announced a new wave of proposals for the UK's growing private rented sector. With under two weeks to go until May's general election, they are set to prove popular with tenants, but landlords are notably less keen.   There are 11 million people – including 1.5 million families with children - currently renting in the UK. The next Labour government would...

Brits spend £7.5 billion on moving home

Brits spent more than Â£7 billion moving home in 2015, according to new research. The report from Lloyds Bank found that the average cost of moving home in the UK has risen by 5 per cent to Â£8,689 in 2014. The average cost rose Â£431 across the 12 months, a hike that has been primarily driven by estate agent and surveyor fees, which combined to make up Â£386 of that difference. Andy...

Spanish property still overvalued

Spanish property is still overvalued, according to study by the OCU. The Spanish Consumers’ Association's report carried out its research for a buy-to-let study, comparing prices and rents for four cities: Madrid, Barcelona, Seville and Valencia. "Despite accumulated property prices drops since 2008, the vast majority of areas studied still offer poor rental returns," concludes the report. "Property...

Election nerves hit UK housing market

Uncertainty surrounding the upcoming general election has hit the UK housing market. Research earlier this year from broker Jefferies found that on average sales slow down in the four months immediately preceding elections. Now, a growing range of indices suggest that pre-voting jitters have struck in the run-up to May's vote. Mortgage lending in the UK slowed in February 2015, according to the Council of...