Buying property abroad has long been a dream for many British citizens, offering the allure of sunny climates, scenic landscapes, and the promise of a relaxed lifestyle. However, since the UK's departure from the European Union, commonly known as Brexit, there have been concerns and uncertainties surrounding the process of purchasing property in Europe. Despite initial apprehensions, the fundamental...
Marbella has been named the most expensive location in the Costa del Sol for property buyers, according to a valuation report by Gesvalt. The city's average property price is €3,343 per square metre, making it the second most expensive city in Spain for locales with over 50,000 inhabitants. Costa del Sol's Property Market Soars Several other areas within the Costa del Sol are also seeing...
An award-winning management company has revealed what it believes will be the most-demanded features from renters in 2023. Quintain Living overseas has more than 3,500 apartments in North London and suggested that items that were once only part of a wish list are now expected as standard. Pet-friendly properties are a clear example of this. All Quintain Living's homes in Wembley Park welcome pets, and...
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...
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...
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...
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...
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...
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...
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...