Hong Kong Property Sales Rebound But Rents Fall

Hong Kong’s home price index rebounded slightly in April after a decline over six consecutive months, but rents fell for a seventh straight month, government data showed. The Rating and Valuation Department’s monthly supplement released on Tuesday showed the general price index for private homes rose 0.7 per cent month-on-month to 273.1 in April. But… Read More Hong Kong Property Sales Rebound But Rents Fall

Bank of England concerns over buy-to-let boom

The growing buy-to-let property market in the UK could post a threat to wider financial stability, a Bank of England committee has said. Buy-to-let mortgage lending had the potential to “amplify” a housing boom and bust, the Bank’s Financial Stability Committee (FPC) concluded. Lending in this sector has risen by 40% since 2008, the FPC… Read More Bank of England concerns over buy-to-let boom

David Cameron: UK property no safe haven for ‘dirty money’

Mr Cameron will vow to expose the use of “anonymous shell companies” to buy luxury UK properties – often in London. Speaking in Singapore, he will say the UK must not become “a safe haven for corrupt money from around the world”. He will say the international community must tackle the “cancer of corruption”. Mr… Read More David Cameron: UK property no safe haven for ‘dirty money’

Will crowdfunding overheat the property market?

Online marketplaces are now open for anyone around the world to invest in UK property from as little as £50… and you might lose out. There’s a new disruptive player on London’s property scene, it’s growing incredibly quickly and promises to transform the UK property market entirely, but the losers in this disruption might end… Read More Will crowdfunding overheat the property market?