In a notable surge, the average asking prices for homes in the United Kingdom have experienced the most robust start to the year since 2020, Invest-Gate reports.
Property prices in Britain are resurging despite the ongoing surge in borrowing costs to record levels due to high-interest rates on the pound sterling, Invest-Gate reports.
According to Rightmove, an online real estate portal, home sellers in the UK reduced their asking prices by approximately 2% in December, Invest-Gate reports.
Hundreds of British homeowners have lost their properties to bank repossessions this year as rising interest rates squeeze debt payments, new figures show, Invest-Gate reports.
The two-year average fixed mortgage rates in the UK reached 6.01% on Monday, which pushed the cost of borrowing in the kingdom to its highest level since December 2022, Invest-Gate reports.
UK-based business consultation company, Mashoura, announces the launching of the UK business expansion program, which helps companies seeking to expand in the kingdom, Invest-Gate reports.
The company attributes the reason that the UK is one of the best options to consider in terms of property investment.
Director of Halifax Mortgages, Kim Kinnaird, notes that the impact of the economic environment on the housing market will continue.
Real estate contributes to 40% of carbon emissions globally, a concerning statistic for everyone driving the sustainability agenda in the industry, Invest-Gate reports.
Eco-Bos Development, a subsidiary of Egypt's Orascom Development Holding (ODH), has secured a peak debt funding facility of EUR 18 mn to support the building of phase I of West Carclaze Garden Village in Cornwall, ...
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