PropertyWire - UK & International Property News Service
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New affordable property portal launched by Mayor of London
WEBJun 26, 2018 · The Mayor of London has launched a new online property portal that offers home buyers in London a one stop shop where they can search for an affordable property in the capital. As the Mayor’s official platform for finding an affordable home to buy in London, the Homes for Londoners portal already lists over 1,400 shared ownership and 230 Help ...
Principality Launches Mortgage Range - PropertyWire
WEBNov 1, 2021 · Principality Building Society has introduced lower interest rates at maturity for a range of its residential mortgage products. At the end of the fixed mortgage product term, rather than reverting to the standard variable rate (SVR), the interest rates for customers who hold a stepped reversion rate mortgage will be 1% less than SVR for a period of time.
Property market in Dubai hit by over supply bringing down prices
WEBFeb 14, 2019 · Property prices in Dubai fell significantly in 2018 with slowing global growth and over supply affecting the residential housing markets, according to a new analysis report. Prices have slumped in Downtown Dubai, down by 16%, prices in the world’s tallest building Burj Khalifa down 12% and on the Palm Jumeirah and …
Crest Nicholson to launch development in Staffordshire
WEBMar 25, 2020 · Crest Nicholson will launch its Green Acres at Alrewas development in Staffordshire in Spring. Located in the village of Alrewas, the development will comprise 84 traditional two, three, four and five bedroom homes. Bonnie Campbell, sales manager, Crest Nicholson Midlands, said: “We’re proud to be able to …
Aviva Investors secures £1bn of new capital commitments
WEBMar 31, 2021 · Aviva Investors, the global asset management business of Aviva, has revealed its Real Estate Long Income (RELI) team secured £1bn of new capital commitments over the course of 2020. The figure, which is a record number, was driven by increased investor demand for an asset class which has performed well despite a challenging environment ...
Nationwide unveils 3.78% mortgage rate - PropertyWire
WEBAug 21, 2024 · Nationwide Building Society has launched a mortgage rate at 3.78% for a 60% LTV 5-year fixed rate – currently the lowest on the market. The catch is it comes with a £1,499 fee, it’s only eligible for existing customers moving home, while borrowers need a loan of at least £300,000 to qualify. A rate of 3.81% from HSBC was previously the ...
The Best Property Rental Yields in the UK - PropertyWire
WEBJun 8, 2021 · The best performing has been Manchester, with rental yields sitting at an average of 5.5 per cent a year. Sunderland has also performed well at an average of 5.4 per cent per year, with Nottingham (5.3 per cent) and Newcastle (5.2 per cent) also putting in a strong performance. Cambridge has seen the lowest average rental yield since 2015 at ...
Principle Wins Contract to Look after London New-Build Schemes
WEBOct 22, 2021 · A major national freeholder has appointed Principle Estate Management to look after three separate new-build schemes it has acquired in London. The developments include eight apartments at Mallory House in Sutton, nine apartments at 50 Croham Road in Croydon, and another nine apartments at 20 St Andrews Court in Earlsfield.
Kent Reliance for Intermediaries Launches New Residential Range
WEBApr 4, 2022 · Key features of the new range include; · Up to 90% LTV with no maximum loan amounts on selected products. · Fixed and percentage fee options. · Available for purchase and re-mortgage, including day one re-mortgages. · A new 2 year tracker range of products. The product launch follows on from the recent announcement of …