First-time buyers may potentially be able to borrow more, after changes to some banks’ mortgage lending policies.
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Category Archives: Global
New Zealand to allow some wealthy foreign investors onto property market
WELLINGTON, New Zealand — WELLINGTON, New Zealand (AP) — New Zealand will relax a ban on foreigners buying homes in the country to allow some wealthy overseas business investors to buy a single high-value residential property, Prime Minister Christopher Luxon said Monday.
Read more: https://tinyurl.com/5cxc3yje
Navi Mumbai Gains as MMR Office Hub with Rs 70 Rent
Navi Mumbai is rapidly establishing itself as a premier office destination within the Mumbai Metropolitan Region (MMR), boasting 23.8 million square feet of Grade A office space—around 20 per cent of the total 120 million square feet across MMR—according to a report by Cushman & Wakefield.
Read more: https://tinyurl.com/8xrtn8e7
Cairns home prices surge 9.8pc, outpacing Brisbane
Home prices in Cairns have surged 9.8 per cent in the past year, one of the strongest gains in the country, outpacing Brisbane.
Read more: https://tinyurl.com/y47tvkdj
Australia’s rental crisis pushes mum Rebecca to move 42 times in 37 years
Rebecca is living out the stark reality of Australia’s housing crisis.
Read more: https://tinyurl.com/y5x2znus
Regional SA leading home value growth with 95pc gain in five years
Home values in regional SA are surging at a faster rate than those in any other city or region across the country, both over the past 12 months and past five years.
Read more: https://tinyurl.com/bddrrjfb
Brisbane home prices rise a shock $86,000 in one year
Brisbane home prices have surged $86,000 in the past year – the biggest single surge of all Aussie capitals – with Queensland also topping regional charts with an astonishing double digit pace.
Read more: https://tinyurl.com/mr2eh577
More Hong Kong small and medium-sized property developers to face default risks: experts
More of Hong Kong’s small and medium-sized property developers will face default risks, market experts said, adding that they hoped the government would provide more capital support as banks remained cautious about issuing new loans.
Read more: https://tinyurl.com/5n9amabm
Rents have risen by nearly five thousand pounds a year in these UK towns – Could yours be on the list?
Rents across the UK have surged dramatically over the past three years, leaving many renters paying significantly more than they were before.
Read more: https://tinyurl.com/577basut
West Auckland tenant earns $18,229 from unlawful Airbnb, must repay landlord
When a neighbour’s curious phone call prompted a West Auckland landlord to investigate, she discovered her rental property was listed on Airbnb without her knowledge or consent.
Read more: https://tinyurl.com/yuwrw59v