High value deals boost Scottish property investment figures

Investment in Scottish property in the first quarter of 2018 reached £608 million, significantly ahead of the five-year average of £546m. The latest research from CBRE Scotland, a commercial property consultancy, reveals that investment in the first quarter of the year was led by a smaller number of high-value deals with the total of £608m achieved across 28 transactions, [...]

Over-50s hold 75% of Britain’s housing wealth

Homeowners over the age of 50 hold 75% of Britain's housing wealth, according to new research, revealing the huge generational divide in the property market. Older owner occupiers hold a total of £2.8 trillion in equity, equivalent to more than £75 in every £100. By comparison, the under 35s account for less than £6 in every £100 [...]

London tops new Global Green Finance Index

GGFI ranks the work's financial centres according to perceptions of quality and depth of their green finance offerings. London has topped a newly launched index ranking the world's financial centres based on the quality of their green finance offerings. Launched on Wednesday in Brussels, the inaugural Global Green Finance Index measures perceptions of the quality and size of [...]

Why are luxury property prices in London falling?

There were only 369 houses sold for £5 million or more in the UK last year, down 15% on 433 sold in 2016 and down a third on 545 in 2014, shows research by Lendy, one of Europe’s largest peer-to-peer secured lending platforms. Lendy says that these super-prime property sales were worth £3 billion last [...]

These are the UK’s 10 most in-demand property hotspots

Newport in South Wales has been identified as Britain’s fastest-moving property market, with the average length of time it takes to find a buyer in the city having been slashed by nearly a third over the past year. Rightmove said last year’s announcement that tolls on the Severn Crossings will be scrapped at the end of [...]