United Kingdom
London property prices prop up UK average: Cebr
Although the price of a typical UK home rose by 1.7 per cent in the 12 months to September, meaning the average property now costs £233,000, the Office for National Statistics’ monthly house price index suggests this is largely due to London and the south east driving up prices.
Million pound homes sales in the UK weaken to three year low Property Community 07.11.2012 | Hyatt to buy Birmingham property CIT Magazin 07.11.2012 |
 The number of home sales worth at least a million pounds has declined to its lowest level since 2009, according to new research by Lloyds TSB. |  Hyatt Hotels Corporation has purchased the Hyatt Regency Birmingham hotel for around £26m ($43m). |
Landlords lure London students with iPads as university fees bite Reuters 07.11.2012 | UK property sales up as prices fall Information Daily 30.10.2012 |
 (Reuters) - Driving lessons and iPads are among the gifts developers are showering on students in London to lure them to fill empty rooms after fee hikes and visa curbs threaten to undermine university housing's reputation as a safe property investment. |  October has seen UK property prices fall to the lowest level for two years, a new survey has announced. Reductions on properties that have been on the market for some time have been blamed for the decrease. |
Foreign money seeks London property Financial Times 18.10.2012 | |
 The Court of Appeal in London has granted Paddy McKillen permission to appeal a ruling on his legal action against the Barclay brothers. |  The flow of foreign money seeking a home in London’s commercial property market means the capital now accounts for a third of total European investment transactions, new figures reveal. |
First-time buyers struggle to climb onto the property ladder despite better mortgages This Is Money 10.10.2012 | Lack of new homes to push up London property prices What House 09.10.2012 |
 First-time buyers are fighting a losing battle to climb on to the property ladder despite a surge in mortgages available to help them. |  Residential property prices in London will almost certainly continue to rise in the long term as large increases in demand for housing in the capital over the next decade and beyond will not be matched by an upsurge in the supply of new homes being developed, new independent research published by Cluttons today shows. |
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