International News

UK housing demand hits record high in July, sales surge by more than 30% year-on-year

UK housing demand hits record high in July, sales surge by more than 30% year-on-year

According to data from HM Revenue and Customs (HMRC), UK home sales reached a record high of 110,970 in July, up 7% from June and up 33% year-on-year, the highest level this year. HMRC pointed out that monthly sales have remained at about 100,000 units this year, reflecting that demand for housing remains strong. Propertymark chief executive Nathan Emerson said the data showed that the UK property market continued to hold steady, with transaction volumes rising well above pre-pandemic levels. De...

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The speed of property sales in the UK this year is the fastest in 6 years

The speed of property sales in the UK this year is the fastest in 6 years

The speed of property sales in the UK this year is the fastest in 6 years, according to an analysis of data by UK mortgage comparison website money.co.uk. The site uses data from real estate trading platform Zoopla to look at the number of days between listings on Zoopla and closing deals on a monthly basis to find out the average time it takes to sell a home and the best month. The results found that the average time to sell a home in May this year was 21 days, the fastest in nearly ...

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Fierce competition of 35 tenants competing for one rented property in Central London on average, despite rents soared by 20% in the first quarter

Fierce competition of 35 tenants competing for one rented property in Central London on average, despite rents soared by 20% in the first quarter

According to British property website Zoopla, rents in central London rose by nearly 20% in the first quarter of this year and 10% in outer London. Some British resident groups have reported that the shortage of housing supply in London has led to fierce competition for rental housing. Some tenants experienced rents being increased by 40% when they renewed their leases, and some were even asked to pay one year's rent in one go. In May 2020, an average of about 5 tenants competed for one r...

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What is ground rent?

What is ground rent?

英國物業 - 什麼是Ground Rent? 有打算申請英國移民或留意開英國物業的朋友,相信都知道英國買物業的房產權分兩大種,分別是Lease hold 租賃產權及Freehold 永久產權。租賃產權和永久產權相比,要多交兩個費用: Ground Rent(地租): 於英國購買物業一般需要支付Ground Rent(地租)給產權所有人(Freeholder),地租沒有固定金額,從象徵性的1英鎊到一年的數百英鎊不等,所以每個地租都可不同。某些租約亦允許在整個租約中以固定的間隔增加地租,要交250年或者999年。 Service Charge (物業管理費): 永久產權的別墅也會有這個費用,但通常比較低。公寓房因為有健身房等配套設施,有公共清潔,保安,門房等服務,因此收取物業管理費,費用高低取決於公寓品質和定位,也取決於公寓面積大小,面積越大,要交的錢也越多,公寓生活配套越高端,例如有泳池或私家影院商務會客室等,物業管理費也越高。 但單純比較產權年限是沒有意義的。買哪種房子,其實主要看自己的用途。永久產權房一般缺乏生活配套,地理位置也不一定方便,例如...

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