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  • April 17, 2014
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  1. Property - International - BRITAIN

    House prices in England and Wales rise for first time in nine months

    Posted Mar 06th 2013, 12:00am by BLOOM

    ... Home values in England and Wales rise for first time in 9 months on surge in demand in south UK house prices rose for the first time in nine months in February as demand for homes increased in London and southern England, Hometrack said. Prices in England and Wales advanced 0.1 per cent from the previous month, the property researcher said. The number of new buyers ...

  2. Property - International - BRITAIN

    Increased interest from buyers pushes British home prices to 5-year high

    Posted Feb 20th 2013, 12:00am by BLOOM

    ... Rising interest from buyers pushes up asking prices; first-time buyers still struggling, though British home sellers raised asking prices to their highest levels in five years in February ... in the capital were up 8.4 per cent from a year earlier. First-time buyers were still struggling to buy homes, with almost half of people purchasing for at least the third time, Rightmove said. ...

  3. Property - International - BRITAIN

    Britons grab chance to buy off-plan as bid to boost housing market pays off

    Posted Sep 18th 2013, 12:00am by Richard Warren

    ... Economic recovery, rising mortgage lending, and programmes aimed at stimulating the market are also boosting demand from local buyers for new homes, especially among first-time buyers. The government housing stimulus package includes the "Help-to-Buy" scheme that assists buyers with raising deposits and mortgages. The government provides equity loans to first-time buyers ...

  4. Property - International - BRITAIN

    Londoners priced out of home market blast foreign buyers

    Posted Apr 09th 2014, 04:28am by Bloomberg

    ... Bloomberg in London As wealthy foreign buyers snap up supply and some developers favour luxury sales, locals say they are being forgotten Londoners priced out of market Cheryl Coyne ... and developers to convince locals that they have not been forgotten in the rush to court overseas investors. Foreign-born buyers made 69 per cent of central London new-home purchases in the two years ...

  5. Property - International - BRITAIN

    Britain launches Help to Buy mortgage scheme

    Posted Oct 09th 2013, 12:00am by Reuters

    ... harder for first-time buyers to get on the housing ladder," said Labour lawmaker and finance spokesman Chris Leslie. How popular the scheme will be will depend largely on how regulators view ... Reuters UK lenders hesitant despite the lure of capital relief while critics say scheme is election gamble Scheme launched to help low-deposit buyers Britain yesterday launched a much ...

  6. Property - International - BRITAIN

    Impact of a UK capital gains tax on foreign-owned property likely small

    Posted Nov 13th 2013, 04:01am by Peggy Sito

    ... to assist first-time homebuyers. Currenty, UK resident taxpayers are exempt from capital gains tax on their primary residence and they are charged capital gains tax on the sale of a second ... Peggy Sito peggy.sito@scmp.com Foreigners' transaction costs in Britain will still be relatively low even if second homes are taxed Capital gains tax unlikely to deter London buyers ...

  7. Property - International - BRITAIN

    Lloyds banker bearish on London's luxury property market

    Posted Mar 26th 2014, 07:34am by BLOOM

    ... in the best parts of London for the first time since 2009 last month, signalling a shift may be afoot, according to broker Knight Frank. A recovery in the wider housing market, boosted ...

  8. Property - International - BRITAIN

    London luxury home gains defy predictions

    Posted Aug 07th 2013, 12:00am by Bloomberg

    ... of property surpassed £2 million for the first time in the second quarter as more purchasers competed for a smaller number of properties on the market, broker Marsh & Parsons said last month. ... Bloomberg Broker doubles estimate on luxury homes as concerns at impact of proposed mansion tax on wealthy, foreign buyers evaporate London luxury gains defy forecasts Central London ...

  9. Property - International - BRITAIN

    Londoners forced to rent will fuel boom in apartment investment

    Posted Jun 12th 2013, 12:00am by Bloomberg

    ... Bloomberg With first-time buyers having to borrow more and save longer, leasing demand is set to soar, and investors are building like never before Rush to build for Londoners forced to rent Londoners are increasingly becoming tenants whether they like it or not after the British capital's average home price passed £500,000 (HK$6 million) last month. With first-time ...

  10. Property - International - BRITAIN

    London luxury market takes a hit

    Posted Jun 05th 2013, 12:00am by BLOOM

    ... from the previous month, the first time rates had not declined since June last year, the broker said in a separate report. The monthly cost of leasing a home in Kensington, a district popular ... by a credit-boosting programme by the Bank of England and the UK Treasury. While demand for prime real estate remains strong, Knight Frank said would-be buyers of homes valued at as much as £2 million (HK$23.6 ...




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