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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

Manchester has fastest growing house prices in the UK

Manchester has become the latest UK property hotspot, after it was revealed today that property values in the city increased faster than any other in the...

Swansea Bay £1.3bn city deal to transform the region

Prime minister Theresa May this week signed off a deal that could trigger close to £1.3bn of investment in Swansea and south-west Wales, which will undoubtedly...

Properties offering ‘guaranteed yields’ attract investors

Properties offering guaranteed yields proved particularly popular with investors at Cheffins’ first auction of 2017 in Cambridge. Almost £4.2m worth of property was sold at the firm's...

Property auction calendar: 27th–31st 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,...

Investors ‘undeterred by the changing economic and political landscape’

There is nothing that markets dislike more than uncertainty and surprises, and the Brexit vote unleashed considerable forces of uncertainty. But despite claims that UK house...

Spain sees a sharp rise in residential property sales

The number of Spanish homes changing hands increased significantly in January, the latest figures show. Data from the Association of Spanish Notaries reveal that the number of properties...

Property investment has ‘consistently delivered’ for retired homeowners

Growth in UK house prices has seen over-65 homeowners’ property wealth hit a new record of £1.072trn, according to new analysis by Key Retirement. The study by...

House prices in England and Wales ‘remain indestructible’

House prices were at the forefront of the EU debate in the run-up to last year’s referendum, with various experts, including the former chancellor George Osborne,...

UK urged to end the green belt housebuilding ban

Britain’s housing shortage could be resolved if housebuilders were allowed to build significantly more new homes on the green belt, according to the Organisation for Economic...

Birkenhead set to undergo £1bn regeneration

A £1bn plan to regenerate Birkenhead has been unveiled by Wirral Council, less than six months after a previous £30m development plan to reinvent Birkenhead as...

Homeowners on standard variable rates overpaying by almost £3,200 a year

Homeowners with a standard variable rate (SVR) mortgage could be spending almost £3,200 a year - or £266 a month - more than necessary by failing...

Estate agent claims 10 buyers are now chasing each property for sale

There are currently 10 buyers chasing every property on the market across England and Wales, according to a leading estate agency firm. haart, the independent estate agent with...

Central London property prices hit record high

The average price of a home in central London hit a new high of £1,818,262 in 2016, thanks largely to a rally in the final quarter of...

Top schools add £18,600 to average home price in England

Investing in property near a good primary school adds £18,600 to the average price of a home in England, while property near one of the best...

Investors invited to help solve London’s growing housing crisis

Investors are being offered an opportunity to play their own small part in solving London’s worsening crisis by investing in a new scheme designed to boost...

Shortage of ‘suitable property for sale’ drives up asking prices

Asking prices in the housing market in England and Wales continued to rise in March, led by gains in the Midlands, new figures show. Nationwide, the average...

The widening gulf between salaries and house prices is “extremely worrying”

Residential property prices in England and Wales now cost 7.6 times the average income, up from 3.6 times earnings in 1997, which is bad news for...

Property auction calendar: 20th-26th 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,...

Sales of prime London property pick up as prices become more ‘realistic’

Sales volumes are increasing in the prime central London property market as purchasers look to take advantage of more ‘realistic’ asking prices, according to a leading...

Canada existing home sales up 5.2% in February

Sales of existing residential properties in Canada increased by 5.2% in February compared with the previous month, marking the highest monthly level of activity since April...

Fears for Scotland’s ‘future success’ as number of new homes falls

A sharp fall in the number of homes being built north of the border is likely to push up house prices and rental values, according to...

Leeds continues to attract ‘strong interest’ from investors

With high demand from tenants continuing to place upward pressure on rents, a growing number of national and international investors are now targeting the office market...

Successful South Yorkshire auction shows ‘there is strong market demand’

IAM Sold’s latest auction at the New York Stadium in South Yorkshire achieved its best success rate in the area for more than 12 months, with...

Business lease renewal compensation deadline – are you prepared?

If your property is currently occupied by a business tenant and you want the space back at the end of the lease, you may have to...

Investment demand in London's prime residential markets improves

Competitive bidding, lower asking prices, a weak pound, the residential property market in the capital continues to appeal to many prospective purchasers, including investors, as reflected...

Irish property prices up by almost 8%

Residential property prices in Ireland increased by 0.6% month-on-month in January to keep annual growth steady at 7.9% following the first monthly decline in almost a...

Mortgage borrowing at near two-year low, says CML

Mortgage lending to home buyers fell to a near two-year low in January amid a ‘stubbornly persistent’ lull in moving activity, fresh data from the Council...

Welsh government introduces bill to abolish Right to Buy in Wales

Council tenants in Wales will no longer be offered the right to purchase their council homes if the Welsh government gets its way as the country...

Strong private investor interest in Scottish investments

Scotland’s First Minister Nicola Sturgeon may be making plans to hold a second Scottish independence referendum, but property investors are not deterred from putting money into Scotland...

Investors in Australia eye less conventional finance options

With banks in Australia continuing to tighten their investor lending criteria, a growing number of investors looking to invest in property Down Under are turning to...

House prices in England and Wales rise at their fastest pace for 12 months

The average price of a home in England and Wales increased by almost £1,900 in February compared with the previous month, according to Your Moves’ latest...

Portuguese property values increase 0.5%

The average value of a home in Portugal increased to €1,106sqm (£971sqm) in January, according to the National Statistics Institute (INE). Based on the latest bank valuations,...

Property auction calendar: 13th-19th 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,...

Europe’s key investment markets unveiled

Fresh analysis of the investment climate of 20 European cities shows that Paris remains the number one hotspot for those looking to invest in the hotel...

Midlands Engine strategy will ‘provide a welcome boost for housing levels’

The government yesterday launched its Midlands Energy strategy, which is expected to boost the supply of much needed new homes in the region. It is hoped that...

LBC’s ‘The Property Hour’ returns

A popular property radio show returned to the airwaves on LBC yesterday.  ‘The Property Hour’, which is sponsored by Direct Line Landlord Insurance, will be broadcast every...

Oxford scheme awarded planning approval

Oxford City Council has given Catalyst the go-ahead to build 48 homes on the site of the former Temple Cowley pools. Some 50% of the new homes...

Chancellor fails to deal with Britain’s ‘broken’ housing market

Yesterday’s rather low-key Budget statement failed to mention the housing market as the government continues to bury its head on the sand rather than address Britain’s...

Sellers return to test the UK housing market

Supply of property increased during February, as sellers returned to the test the housing market, according to the latest research from HouseSimple. The latest Property Supply Index...

No measures to plug VAT ‘inequality’ between new builds and renovations

There were calls ahead of yesterday’s Budget statement for the chancellor Philip Hammond to announce fresh measures to plug the ‘inequality’ in VAT between new builds...

Savills sees rise in overseas investor appetite for UK food stores

International investors’ interest in UK food stores is likely to increase this year, according to a new Savills report, as the plunge in the value of...

UK commercial property is becoming ‘increasingly attractive’

Britain is a nation obsessed with property but experts have warned those thinking of investing in buy-to-let are facing headwinds that will only get worse. The existing...

Chinese property investors are losing interest in the U.S.

A growing number of Chinese investors are shunning the U.S. property market, deterred by President Donald Trump’s stance on protectionism, while their concern over yuan depreciation...

Thameswey Developments takes control of Sheerwater regeneration scheme

Thameswey Developments has taken over plans for the regeneration of Sheerwater, after Woking Borough Council opted to drop New Vision Homes which developed the early stages...

Property transactions see a ‘marked upturn’ across prime central London

Despite ongoing political and economic uncertainty, there has been a major improvement in sales volumes throughout prime central London as purchasers seek to take advantage of...

Overseas investment in the UK regions soars

A significant increase in overseas investment in UK regional property was one of the main drivers behind the strength of the office market in 2016, according...

Low rates boosts remortgage market activity in the UK

There was a surge in remortgage activity in 2016, which peaked in Q4, as more borrowers opted for longer term fixed rates, the latest Financial Advisors...

New guide to investing in a leasehold property

The leasehold system is a feudal form of property ownership in England and Wales, which many investors believe is a flawed form of residential tenure, as...

UK property market remains robust despite slight slowdown

The UK property market remains strong despite a marginal slowdown in activity levels last month, new data shows. The latest analysis of sign boards by Agency Express...

Brexit fails to dent British demand for French property

As Prime Minister Theresa May prepares to trigger Article 50 to start Britain’s complex negotiations to exit the European Union, it would appear that demand for...

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