Now playing Next Economy UK house prices climb as buyers return to market House prices in the UK have risen year-on-year for the first time in 13 months, signalling a recovery after last year’s property slump. 01/03/2024
Now playing Next Economy Millennials set to become 'richest generation in history' Millennials could stand to inherit trillions worth of property and property assets passed down by ancestors in the next 20 years. 01/03/2024
Now playing Next Travel News Greece’s golden visa will cost more under new rules Greece launched its programme in 2013 during what became the country’s 10-year financial crisis. 23/02/2024
Now playing Next Economy China cuts key interest rate to revive property sector The world's second-biggest economy is launching a new effort to boost a sector which provides 25% of the country's GDP. 20/02/2024
Now playing Next Business German office property prices tumble as challenges loom for investors Germany's office property market has seen a record drop in prices, coupled with disappointing returns for investors. 12/02/2024
Now playing Next Economy Is a commercial real estate crisis unfolding across Europe? Recent global events have sparked fears of a commercial real estate crisis in Europe, mirroring situations in Japan and the US. Notably, Deutsche Pfandbriefbank AG faces significant downturns due to the real estate market's weakness. 08/02/2024
Now playing Next Travel News French court blocks plan to scrap 90-day visa rule for British expats The news comes as a blow to the roughly 86,000 British people who own a second home in France. 29/01/2024
Now playing Next Business Does China's Evergrande have to pay back its $300 billion debts now? The world’s most heavily indebted real estate developer has been ordered to undergo liquidation. But their assets don't cover their liabilities. 29/01/2024
Now playing Next Economy First-time buyers look for long-term loans to get on property ladder One-fifth of first-time buyers in the UK wanting to get onto the property ladder are taking out mortgages of more than 35 years, according to UK Finance. 14/12/2023
Now playing Next Economy Here's why repossession looms for pricey property owners More owners of very expensive property at the top end of the market are being repossessed, according to reports from estate agents around the UK. 13/12/2023
Now playing Next Economy UK house prices rise again after market downturn UK house prices have risen for the second consecutive month in response to high demand and softening economic conditions. 07/12/2023
Now playing Next Economy UK mortgage rates could stay higher for longer - here's some advice Cooling inflation rates could reduce the interest payments due on variable mortgage plans, but analysts warn this won’t happen just yet. 07/12/2023
Now playing Next Experiences What’s it really like to start a new life in rural Italy? Rural Italy is full of abandoned properties in need of renovation. 01/12/2023
Now playing Next Economy How are European firms exposed to China’s struggling property sector? A number of European companies have been facing tremors as the Chinese property sector teeters on the brink of collapse. 18/11/2023
Now playing Next Economy UK: Is homeownership becoming a privilege for the elite? A large majority of people aspiring to buy a house in the UK find that homeownership is reserved for the elite, says a new report. 31/10/2023
Now playing Next Economy UK mortgage approvals fall to lowest in eight months The latest data suggests a further slowdown in the property market due to rising borrowing costs. 30/10/2023
Now playing Next Business China's Evergrande gets last chance to come up with new debt deal Evergrande's liquidation hearing initially scheduled for Monday was adjourned by a Hong Kong court as the property developer's shares hit an all-time low. 30/10/2023
Now playing Next Destinations Wanted: New owner for this abandoned Spanish village Previous owners who bought the village in the early 2000s had aimed to transform it into a tourist hotspot. 25/10/2023
Now playing Next Markets Property giant Country Garden defaults on dollar bonds Country Garden, the biggest builder in the Chinese property market, has failed for the first time to pay $15.4 million interest on its dollar bonds. 25/10/2023
Now playing Next Business France extends 0% interest rate loans for low-income households Mortgages granted to low-income first-time homeowners will increase from €80,000 to €100,000 in 2024. The eligibility criteria for the fiscal measure will also be broadened, in an effort to help more people get on the property ladder. 18/10/2023