London’s Commercial Property Transactions More Than Double In Three Years
The number of commercial transactions has grown by 114% from 7,445 in 2014 to 15,939 in 2017, with 2018 set to be another bumper year Commercial transactions now account for almost one in four (23%) property transactions in London in 2018, up from one in ten in 2014 The value of London’s annual commercial transactions […]
40,000 Homeowners Opt To Use Equity Release Due To Cheaper Rates
Almost 40,000 families have used equity release products in the first six months of 2018, according to data from the Equity Release Council. Equity release gives homeowners flexibility to access investment held in their homes, using products such as a lifetime mortgage, home reversion scheme or a retirement interest-only mortgage. According to the Equity Release […]
First-Time Buyers’ Average Salary Requirement Rises
Young adults are dealt a further blow as research suggests the prospect of getting on the property ladder is becoming less likely as they are squeezed out of the market. Data reveals that the average salary required by a first-time buyer to purchase a house in the UK’s biggest cities has risen by 18% in […]
How Will Blockchain Change Property Auctions?
There has been a lot of discussion in the property sector about how Blockchain technology is shaking things up. Most of it focused on how Blockchain could revolutionise the Land Registry, see an end to property fraud, and facilitate quick sales and smart contracts. But there is another aspect of the property sector that is […]