UK Property Prices Witness Strongest Start Since 2020
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.
UK Property Prices Surge Amid Record Borrowing Costs
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.
Asking Prices of British Real Estate Fall 2% in December
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.
Homeowner Defaults Surge as Rate Hikes Hit UK Housing
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.
Average Fixed Mortgage Rates in UK Hits Over 6%
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.
Mashoura Launches Business Expansion Program in UK
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.
UK Remains Best Option for Property Investment for Nigerians
The company attributes the reason that the UK is one of the best options to consider in terms of property investment.
Home Prices in UK Likely to Drop 8% YoY in 2023
Director of Halifax Mortgages, Kim Kinnaird, notes that the impact of the economic environment on the housing market will continue.
Savills Shades Light on Sustainability Challenges in Real Estate at COP 27 Conference
Real estate contributes to 40% of carbon emissions globally, a concerning statistic for everyone driving the sustainability agenda in the industry, Invest-Gate reports.
ODH’s Unit Secures EUR 18 mn to Kick-Start Home Project in UK
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, ...
