Real Estate News
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Pandemic Relief Assistance Still Available to Homeowners
Pandemic relief assistance is still available for homeowners who may be struggling to catch up on mortgage payments, utility bills, or other housing costs. Several states are beginning to distribute a new round of funds. States have access to $9.961 billion in federal funding as part of the Homeowner Assistance Fund intended to help homeowners recover from the impact...[READ MORE]
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Strongest start to the year for UK house prices since 2005
UK house prices have enjoyed their strongest start to the year since 2005, according to new [READ MORE]
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Kenya’s first mortgage-backed bond records a success – Capital Markets Authority
Kenya’s first government-supported mortgage company raised 1.4 billion shillings (about 12.3 million U.S. dollars) in its initial bond issue, the capital markets regulator said Tuesday, indicating a major milestone for real-estate backed securities in the east African nation. The bond, issued in January, attracted bids worth 71.3 million dollars, a...[READ MORE]
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The six potential housing market events to keep an eye on in 2022
While the housing market has seen strong demand and rising prices over the past two years, we expect some big changes to come this year. [READ MORE]
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ROLA’S Realty Agency unlocks business opportunities to African investors
Rola’s Realty Agency (RRA), a real estate agency in Ghana has launched a promotion aimed at offering African investors the opportunity to own a property in Turkey at affordable costs. The offer, according to Chief Executive Officer (CEO) of RRA, Madam Rola Sultan comes with benefits including “the chance to invest in the Turkey Real...[READ MORE]
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Expedite passage of Surveying Council Bill – GhIS
The Ghana Institution of Surveyors (GhIS) has reiterated its call for government to speed up the passage of the Surveying Council Bill into law to regulate surveying practice in the country and sanitise the sector. The bill, which is currently before the Attorney General, is yet to make any appearance in Parliament since it was initiated about three decades...[READ MORE]
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Barratt checking over 200 buildings over 11m in safety review
Britain’s biggest house builder Barratt has revealed that more than 200 buildings now form part of its ongoing safety review of buildings over 11m. The house builder revealed that so far it has spent or set aside £220m on legacy properties but revealed that present provisions of £74m to cover future remediations could rise subject to the outcome of...[READ MORE]
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House builders put brake on wage hikes as labour shortages eas
Sharp risies in site labour rates are showing signs of easing as house builders report softening demand for skilled trades at the start of 2022. In a traditionally slow period for house building, average earnings for self-employed trades fell by 10% month on...[READ MORE]
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Draconian laws unveiled to force industry to pay for building safety
A raft of fresh amendments propoed to the Building Safety Bill would give government power to block planning permission and building control sign-off on developments, effectively preventing developers from building and selling new homes. The proposals will see the industry pay to fix historical problems, while also enforcing a common-sense approach to avoid...[READ MORE]
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Purplebricks says lettings mistake not as bad as first thought
The boss of online estate agent Purplebricks today claimed the crisis-hit business is back on track despite losing £20.2 million in the last six months. Chief executive Vic Darvey told the Standard: “After a challenging...[READ MORE]
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