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August Market Update.pdf

August-market-update_Capitalise-2023.pdf
Preview of August market update
🔗 Source: 2020innovation.com
📊 Size: 214 KB
📄 Pages: 2 pages
⬇️ Downloads: 50

Summary

UK property landlords sold 25,000 homes between April and May, up from 22,000 in the previous two months, possibly due to surging mortgage rates. Official figures show an 8.5% increase in property transactions. Meanwhile, MPs and Peers are pressuring the government to convert vacant commercial properties into affordable housing, with 14% of retail units and 7% of office spaces remaining unoccupied. A case study highlights a developer securing a £200,000 bridging loan to complete a project and initiate a new venture.

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Description

UK property landlords sold 25,000 homes between April and May, up from 22,000 in the previous two months, possibly due to surging mortgage rates.

Technical Information

  • File Format: PDF
  • File Size: 214 KB
  • Pages: 2
  • Language: EN
  • Total Downloads: 50
  • Last Updated: 1 week ago

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