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Mortgage borrowing falls by £1bn as property market slowdown continues

Mortgage borrowing falls by £1bn as property market slowdown continues

by Third Party | Feb 2, 2023 | International Real Estate News, Mortgage Information

Source: Money Week —  The latest data from the Bank of England (BoE) shows a growing number of people are questioning whether now is a good time to buy a house, adding more uncertainty to the property market’s outlook for 2023.  The BoE’s Money and Credit report...
Mortgage approvals plummet further

Mortgage approvals plummet further

by Third Party | Feb 2, 2023 | International Real Estate News, Real Estate News

Source: FT Adviser —  Mortgage approvals fell for a fourth consecutive month in December 2022, reaching the lowest level seen since May 2020, during the first lockdown. Statistics released today (January 31) from the Bank of England showed that mortgage...
Aussie real estate agent’s huge success after being brutally mocked online

Aussie real estate agent’s huge success after being brutally mocked online

by Third Party | Feb 2, 2023 | International Real Estate News, News/Current Events

Source: NEWS.COM.AU —  An Aussie real estate agent who was being mercilessly mocked online has revealed how he capitalised on the “hurtful” jokes to become more successful than ever. Fraser Lack is a Melbourne real estate agent who has become the unofficial...
London’s luxury home sellers turn to WhatsApp as private sales surge

London’s luxury home sellers turn to WhatsApp as private sales surge

by Third Party | Feb 1, 2023 | Industry Updates, International Real Estate News

Source: CNBC —  LONDON — In trying times for the U.K. real estate market, a growing number of Londoners are opting for novel means of buying and selling their properties, with WhatsApp emerging as a new home for luxury listings. Off-market home sales surged in...
Mortgages could increase by £3,300 a year for a million UK households as rates set to rise again

Mortgages could increase by £3,300 a year for a million UK households as rates set to rise again

by Third Party | Jan 31, 2023 | Industry Updates, International Real Estate News

Source: iNews —  Up to a million households face another hike in mortgage costs if the Bank of England increases interest rates again this week. The Bank of England Monetary Policy Committee (MPC) will meet on Thursday and is widely expected to raise rates by...
The Industrial Town That’s Become Australia’s Hideout for the Ultra Wealthy

The Industrial Town That’s Become Australia’s Hideout for the Ultra Wealthy

by Third Party | Jan 31, 2023 | International Real Estate News, News/Current Events

Source: Mansion Global —  If you’ve ever come across the name Byron Bay, you’d be forgiven for thinking that this small, laid-back surfer’s town is within driving distance of Hollywood.  After all, actor and Aussie native Chris Hemsworth, his wife, actor and...
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