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...Kevin Shaw, national sales managing director at the property services company Leaders Romans Group, said: “2024 is off to a good start with more properties coming on and more sales happening.”...
...Elevated mortgage rates have made it difficult for many people to buy a property, adding to rental demand....
...Property tycoon René Benko, founder of the Signa group, has filed for personal insolvency in Austria, as a corporate empire that spanned luxury properties and department stores across Europe and the US unravels...
...Rising mortgage rates have been the dominant feature of the property market in the past two years, and a major contributor to the UK’s cost of living crisis....
...Banks charge more for high loan-to-value mortgages, given the higher risk to the lender should the property fall into negative equity....
...There has been some volatility in recent property market data....
...The property site forecasts that 1.1mn homes will be sold in 2024, up 10 per cent on last year’s total....
Buying property is not the smartest use of luxury cash flows
...for personal use only....
...He added that parts of the country where properties were more affordable had generally performed better....
...Thursday, as buyers looked to market their properties ahead of the Easter weekend....
...James Max is a broadcaster on TV and radio and a property expert. The views expressed are personal. X, Instagram & Threads @thejamesmax...
...Primary Health Properties’ boss has snapped up £69,000 of shares in the hospital and primary care centre developer and landlord ahead of his retirement at the end of this month....
...You say you own the property equally. Did you specifically agree this and is it recorded in writing? This will be important. Do you hold the property as tenants in common or joint tenants?...
...The professional body’s survey is closely monitored as a timely measure of the property market....
...In Europe, countries including Greece, Spain and Portugal joined the club about three decades later, in some cases to prop up flagging property markets....
...Purchasers with plenty of equity — borrowing no more than 60 per cent of the value of the property — can get a two-year fix with Barclays at 4.53 per cent....
...But analysts said the property market was on the mend....
...Higher borrowing costs on mortgages prompted some landlords to pass on increases to tenants or sell their properties....
As interest rates stay higher for longer, those looking to refinance face some difficult choices
Demand, on the other hand, is not helping US housing markets
...It is in talks to buy a £230mn property on London’s New Bond Street....
...acquired in the UK property....
Official data reflects impact of elevated borrowing costs on households
...But cohabiting couples do not have the same rights to property and assets as those in a marriage or civil partnership....
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