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Wokingham Berkshire Residents can now make their Homes Energy Efficient

Concerned about the rising energy costs, worry not; Wokingham Council has a solution If you are looking for a place with more sustainable homes, Wokingham Borough should be first on your list. In the coming years, almost every home in Wokingham will be energy efficient while the residents will enjoy low energy bills. The Wokingham Council recently rolled out an initiative to encourage homeowners to...

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The Spanish Government Limited Increases in Rent to 2% for 3 Months

Real Estate in Spain The Spanish government limited increases in rent to 2% for 3 months according to the Consumer Price Index (CPI). This temporary cap applies to all rental contracts, which means that homeowners can increase rental prices from the previously set price by 2% at most. This new rule will stay in effect till 30th June 2022. Learn more about this new limit and what it could mean for the...

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The Demand for Rental Homes Increased in London

According to research by Rentd, a rental portal, the demand for rental homes increased in London. The COVID-19 pandemic and the fact that many UK adults worked from home during this time had kept the demand low for rental homes low in 2020 and 2021. However, that shot up in the new year, with the demand increasing in London for a year. This article will discuss this increase and what implications it...

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Federal Budget 2022 Revealed House Prices in Australia Are Not Likely to Drop

Potential homebuyers may have to deal with a bit of bad news, as the Federal Budget 2022 revealed that house prices in Australia are not likely to drop. In addition to that, rising interest rates may also offer little relief to those looking to buy homes for themselves or for the purposes of investments While the report does not indicate anything positive in terms of house prices, it does present...

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Report By Zoopla Reveals an 8.1% Increase in Average House Prices in February

Increase in average house prices in February A new report by Zoopla revealed that there was an 8.1% increase in average house prices in February since the past year. While it may be slightly lower than what it was in January, i.e., 8.4%, it is still a cause for concern for many UK adults who are looking to purchase a home. In fact, another study by Market Financial Solutions indicated that 66% of...

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Potential UK Homebuyers Are Concerned about the Rising Interest Rates

Rising interest rates in UK real estate In January 2022, Market Financial Solutions released a report about the UK property market. The researcher surveyed 2001 UK residents (all adults). The report provided a number of different stats and predictions about the industry this year. One of those statistics was the fact that about 66% of potential UK homebuyers are concerned about the rising interest...

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UK House Prices Soar with an Average of £260,000 for the First Time

UK house prices soar to new heights, reaching an average of £260,000 for the first time, according to The Guardian. The increase in price has been consistent for the past seven months, making it more challenging for homebuyers to find a quality home for themselves or to buy as an asset. In the last month, i.e., February 2022, the price of houses in the UK increased by 12.6% since the seven-month...

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More Foreign Investors Are Starting to Buy Property in Spain

The COVID-19 pandemic led to a significant decrease in the amount of property bought in Spain by foreign investors. Travel restrictions, limited cash flow, and relatively low demand for renting property led to the decrease. However, more foreigners are starting to buy property in Spain, reaching nearly the same levels as those before the pandemic. In addition to that, 12.6% of all property purchases...

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The Impact of Working Remotely on UK Real Estate

The COVID-19 pandemic significantly changed the way how many people work, with a majority of them working remotely from their homes. That shift for the past two years has led to changes in the perceptions UK professionals and residents have about the real estate market. Their expectations from homes and their priorities in investing in certain types of property have seen a change. Therefore, this article...

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Elusive Rent Prices in the Big Cities

Contemplating whether to buy or rent a house, now is the time to make that decision. Realtor.com compared rental prices between January 2020 and January 2022, showing the rent has increased by 21% in major cities. In January this year, rent in Miami, Florida shot by 54.2% compared to last year. The US national median rental price increased 19.8% between January 2021 and 2022, signaling a worrying...

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