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Here is this week's Breaking News from Property Investor Today. Join the debate by leaving a comment below a story - you will need to be logged-in to do this. 

Breaking News

UK house price growth continues to slow

Residential property price growth continues to slow across parts of the UK, led by falls in London where annual home price inflation has dropped to 6.4%,...

Plans for 1,100-home Ipswich neighbourhood given green light

Planning consent has been awarded for a major mixed-use scheme on the edge of Ipswich, which will feature 1,100 new homes, of which around 15% will...

London home buyers down 3% in Q4 2016

The number of home buyers in London fell to the lowest level for four years, fresh figures from the Council of Mortgage Lenders (CML) show. Purchasers in...

Property auction calendar: 27th February – 5th March

Property auctions are a good place for investors to pick up a bargain, and every week these events are taking place at venues across the UK,...

Allsop raise £62.8m at first residential auction of the year

Allsop raised £62.8m at its first residential auction of 2017, selling 80% of the 247 lots on offer. A high number of property investors attended the auction,...

Shanghai replaces Tokyo as most attractive property market in Asia

The Chinese city of Shanghai has become the number one destination for property investment in Asia Pacific, replacing Tokyo in top spot in the final quarter...

Plans approved for 270 new homes as part of wider regeneration plans

More than 270 flats will be built in North Liverpool after plans for the scheme were given the go-ahead this week. The development will be built near...

Confidence in UK housing market remains strong

The UK housing market remains remarkably solid, as reflected by the 4.9% increase in the volume of residential property transactions between December 2016 and January 2017,...

Canadian home prices rise further

Residential property prices in Canada continued to increase in January, led by gains in Toronto’s red-hot housing market, fresh figures show. The latest Teranet-National Bank Composite House...

International buyers routinely rejected for UK mortgages

Overseas investors and British expats are finding it increasingly difficult to secure mortgages in the UK to fund property acquisitions, according to deVere Mortgages. Based on mortgage...

Demand from property investors sees bridging loans surge

Demand for short term loans continued to surge in the final quarter of last year, as an increasing number of property investors turned to bridging finance...

Almost half of Brits believe UK house prices will rise over next 12 months

A high proportion of people think that residential property prices in the UK will increase this year, despite political and economic uncertainty. Fresh research reveals that just...

Number of office to residential conversions drops 19% year-on-year

A lack of funding and uncertainty over Brexit contributed to a sharp decline in the volume of office to residential conversions in the year up to...

Remortgaging continues to increase amid rate rise fears

Concerns that interest rates could rise sooner than markets currently expect has triggered an increase in remortgaging activity, a new study shows. The number of remortgagors forecasting...

Asking price growth slows for homes in England and Wales

Asking prices for residential properties listed for sale in England and Wales increased by 2% in the month to early February, the slowest increase for this time...

Government urged to drop revaluation plans

The chief executive of Sainsbury’s, Mike Coupe, is the latest in a long line of high prominent business leaders to call on the government to restructure...

LendInvest completes first auction finance loan

Borrowers that require a very quick turnaround to secure their next property investment will be pleased to learn that LendInvest has completed its first official auction...

Property auction calendar – 20th-26th February

Property auctions are a good place for investors to pick up a bargain, and every week these events are taking place at venues across the UK,...

Man Utd legends plan to transform the heart of Manchester

Former Manchester United stars Ryan Giggs and Gary Neville have unveiled plans to redevelop a key part of central Manchester. The ex-football players want to build a...

Scottish house prices rise 2.2%

The average price of a home in Scotland in December 2016 increased by 2.2% compared with the previous year to reach an average of £172,204, fresh...

Most bank repossessions in Spain are now located in ‘areas of little demand’

At the height of the Spanish property crash, there were bargains to be had across the country, including repossessed properties in some of the best areas...

Housing shortage and cheap borrowing will continue to support UK house prices

UK house prices may have ended last year around £15,000 higher on average than when the year started, but the signs are that prices will continue...

London’s ability to ‘re-invent and evolve’ makes it Europe’s most superior city

With fears of a residential and commercial property crash having receded following last year’s Brexit vote, London is starting to look like the same old safe...

Plans approved for £175m Sheffield regeneration scheme

Plans for a £175m regeneration scheme in Sheffield city centre have been approved by councillors. Developer Urbo has now secured outline planning consent for West Bar Square, a...

Property auctions market pauses for breath after December’s rally

January was an extremely quiet month in the property auctions market with just 408 lots offered in 15 auctions held across the UK. Whilst this was down...

Higher inflation unlikely to have immediate impact on UK property prices

UK inflation has reached its highest rate since June 2014, mainly due to the increasing cost of fuel and food. Annual inflation as measured by the Consumer...

Realistic pricing attracts 'motivated buyers' and achieves 'best results'

It was standing room only at the Marriott Hotel in Grosvenor Square on Monday as Savills Auctions returned to the venue for their first sale of...

Record demand for warehouse space in Leicestershire

The number of industrial and warehousing deals in Leicestershire hit an all-time high in 2016 as property investors looked to capitalise on record demand for space...

New wealth tax on Portuguese properties over £600k

A new a wealth tax on properties in Portugal valued at more than €600,000 (£507,700) has been introduced by the Portuguese government. The new property levy, which...

High demand for retail investments

Strong demand for retail property from investors helped Allsop raise £57.7m at its first commercial auction of the year last week, with an overall success rate...

Plans for regeneration scheme in town centre approved

Plans for a major regeneration scheme in Dovercourt town centre have been given the go-ahead. The £1m project, which will be financed by the local New Homes...

Why I’m investing in the North of England

House prices continued to rise towards the end of last year, with the last three months seeing a 2.5% increase, according to the HPI. With the rise...

Restaurant offering can whet appetite for shopping, particularly among youngsters

If you are planning to invest in the retail property sector any time soon, it may be wise to check out beforehand what restaurants are on...

Property auction calendar – 13th-19th February

Property auctions are a good place for investors to pick up a bargain, and every week these events are taking place at venues across the UK,...

Irish house prices forecast to rise by 5% in 2017

Moody’s has warned of a severe shortage of housing in Ireland, which is continuing to drive up prices. The global ratings agency estimates that the average price...

North London council unveils £3.5bn regeneration plans

Haringey Council has unveiled proposals to replace Wood Green’s existing town centre with a £3.5bn development featuring a new shopping centre and up to 8,000 homes. The...

Supply shortage pushes Northern Irish house prices up

The supply of residential properties in the Northern Ireland market continued to decline last month, prompting prices to rise, according to fresh research. The lack of new...

Private property investors clearly have ‘deep pockets’

The final results are in and after taking post-auction sales into consideration, the result from Allsop’s final commercial sale of 2016 topped off a record year...

Overseas investors race to secure UK property bargains

There has been a sharp rise in the number of opportunistic foreign investors taking advantage of effective discounts caused by the fall in the value of...

Investment in London jumps to £4.1bn in Q4 2016 – CBRE

Investment volumes in London increased to £4.1bn in the final quarter of 2016, the latest Property Perspective report from CBRE shows.  The latest data from the global...

Sellers overvalue their properties by 6.8%

Homeowners in England and Wales over estimated the value of their property by an average 6.8% in 2016, according to research by Quick Move Now.  The company...

CBA suspends property investor loans

The Commonwealth Bank of Australia (CBA), the nation's biggest property lender, will stop accepting refinancing applications for investment home loans from next week. A day after it...

Chronic housing shortage could keep UK house prices rising

UK house prices are likely to continue to rise in 2017 as building lags demand for homes, the Halifax has warned. The average price of a property...

Strong appetite for self-build in Scotland

There is growing appetite for self-build homes north of the border, as the benefits, both in terms of lifestyle and costs, prove an attractive draw for...

Green belt policy ‘should be reappraised’ to solve the housing crisis

There is a well documented housing crisis in England, especially in the south of the country where property prices are at or near record highs, mainly...

US property returns fall to 7-year low

The core US property market has produced its lowest annualised return since 2009, fresh data from the National Council of Real Estate Investment Fiduciaries (NCREIF) shows. The...

Property investors who missed tax return deadline urged to act now

Private property investors, including buy-to-let landlords, who missed their self-assessment tax return payment last week and do not have a valid excuse for failing to do...

Purpose-built student accommodation delivers positive rental growth

There has been a sharp rise in the number of students living in private sector purpose-built student accommodation (PBSA) in the UK in recent years, fresh...

House price boom ripples beyond Greater Toronto Area

High residential property prices in the Greater Toronto Area (GTA) are rippling out into nearby markets, especially those within commuting distance, according to the latest report...

Top financial resolutions for property investors

Is it time to get your finances in order? Why not consider these five property financial resolutions? 1.    Consider increasing your mortgage payments With interest rates at record lows,...