The property industry is set for a boost from January 1 2007 as new era dawns for property investors and the Londons financial markets. REITs will open up the commercial property market to ordinary investors in the UK. So what exactly is a REIT ? REIT stands for real estate investment trust.
Overseas property investment is set to receive a substantial boost through high levels of City bonuses.According to Overseas Property Professional, a large portion of the £19 billion of bonuses that City workers are to receive this year will be spent on overseas property,This amount is a 16 pe
Prices of property in the UK are beginning to stabilise while still showing positive growth, according to the latest Assetz house price watch. In June, the average annual rate of growth in prices was 6.74 per cent, compared to 6.52 per cent in May and the 4.23 per cent that was measured at the begin
A new survey has found that issues such as affordability and location are not the only issues that UK property buyers consider, as having nice neighbours and living in an area with a good community spirit were also found to be priorities. The research by Linden Homes found that living in a nice comm
New research has shown that the level of buy-to-let investment activity in UK property is on the increase, as 14 per cent of mortgages handled by advisers are currently accounted for by these customers. Paragon Mortgages' research shows that this number has risen from the six per cent that was measu
Speaking at the Chartered Institute of Housing's (CIH) annual conference yesterday, economist Andrew Dilnot stressed the importance of UK property to the economy. He acknowledged the fact that Chancellor Gordon Brown did not have a huge amount of funding to allocate in the next spending review, but
Sir Digby Jones, the director general of the Confederation of British Industry (CBI), will underline the importance of the UK property sector later this week, at the annual conference of the Chartered Institute of Housing (CIH). In a keynote speech, Sir Digby will address hundreds of professionals w
The state of the UK property market appears promising for individuals looking to buy or sell a property, as people appear to be more willing to take out a mortgage at the present time. Research from the British Bankers' Association shows that net mortgage lending rose by an underlying £5.7 bil
The rental market for investors in UK property is currently a healthy and potentially lucrative option, according to the latest reports from the Association of Residential Letting Agents (Arla). London and the south-east are the best areas for investment, with rents also rising in the south, the ass
