Propway News
We post regularly most powerful articles for help and support.
Glasgow City Council approves £535 million five-year housing ...
GLASGOW: In order to satisfy the city's housing needs and growth goals for the years 2023–2027, Glasgow City Council has approved a new Strategic Housing Investment Plan (SHIP) describing how the avai ...
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By mid-2024, UK home prices are expected to decline by 15%
LONDON: British home prices appear to be headed for a 15% decline by the middle of 2024, according to economists at the Japanese bank Nomura. This decline will be more pronounced than other forecast ...
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In 2023, construction will escape a brief recession
LONDON: Analysts predict a 1.7% decline in building activity this year, followed by a return to modest growth in 2024. (Reported by news source)
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Average housing costs in Edinburgh are £325k
EDINBURGH: The average house price in Edinburgh has reached £325,000 and demand is still high despite the ongoing economic unpredictability. (Reported by news source)
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Launch of a new Right to Shared Ownership Program
UNITED KINGDOM: A new programme has been introduced to allow qualified tenants of social housing to own a share of their property as part of the government's effort to assist more individuals in purch ...
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Good news is expected for London property owners in 2023
LONDON: In comparison to the ordinary UK home, the average property price in London increased by approximately 3% between November 2022 and December 2022. (Reported by news source)
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UK property market slows, credit card borrowing rises: Bank ...
LONDON: According to information released by the Bank of England on Wednesday, the housing market in Britain experienced a sharp slowdown in November, while credit card borrowing increased. (Reporte ...
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Mortgage Guarantee Program extended to 2023
UNITED KINGDOM: The government-sponsored program to make sure that 95% mortgages are still readily accessible will now last through December 2023. (Reported by news source)
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American buyers are attracted towards prime London propertie ...
LONDON: Super-top-end real estate transactions in the capital city increased by 30% last year, and this trend is anticipated to continue in 2023. (Reported by news source)
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Construction sector is facing a challenging year ahead
UNITED KINGDOM: With over 6,000 corporate insolvencies anticipated in 2023, the construction industry will face a difficult year. (Reported by news source)
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By 2024, Scotland's new social housing projects must comply ...
SCOTLAND: After the national government backed Labour MSP Alex Rowley's bill earlier this month, new legislation aiming at implementing a nationwide mandate for the application of passive house design ...
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UK commercial property values are expected to drop in 2023
UNITED KINGDOM: UK commercial property values and rents are expected to "fall off a cliff edge" in the first quarter of 2023, according to estate agents, who also warn that offices would suffer the mo ...
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