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...property values....
...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.”...
...He added that parts of the country where properties were more affordable had generally performed better....
...buyers flip properties more quickly....
As interest rates stay higher for longer, those looking to refinance face some difficult choices
...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...
...Elevated mortgage rates have made it difficult for many people to buy a property, adding to rental demand....
...James Lewis, chief investment officer at consultancy Mercer, said there was now less of a mismatch between buyers and sellers, with some UK property funds once again trading at net asset value or, in some...
...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....
Buying property is not the smartest use of luxury cash flows
...The property site forecasts that 1.1mn homes will be sold in 2024, up 10 per cent on last year’s total....
...Wall Street firms could be at risk in the face of a $2tn “wall” of property debt coming due in the next three years....
...for personal use only....
...Thursday, as buyers looked to market their properties ahead of the Easter weekend....
...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....
...James Max is a broadcaster on TV and radio and a property expert. The views expressed are personal. X, Instagram & Threads @thejamesmax...
...Gerald Beeson, chief operating officer at Citadel, said the “unparalleled building” would benefit “the exceptional talent we attract to our firm as we continue to grow our presence in London”....
...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....
...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?...
...But analysts said the property market was on the mend....
...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....
...Higher borrowing costs on mortgages prompted some landlords to pass on increases to tenants or sell their properties....
...It is in talks to buy a £230mn property on London’s New Bond Street....
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