UK Nationals Hit Hard in Spain’s Housing Reforms: New 100% Property Tax Explained

UK Nationals Hit Hard in Spain’s Housing Reforms: New 100% Property Tax Explained

Spain has announced a range of new measures aimed at prioritising housing for local Spaniards, including a 100% tax on non-EU nationals buying property. The proposals will not affect those already living in Spain, but would mean that non-EU nationals would effectively have to pay double the price for a house. At present buying a … Read more

Canadians Are Buying $12,000 Yurts To Avoid Ridiculous Rental Prices

Canadians Are Buying ,000 Yurts To Avoid Ridiculous Rental Prices

Since 2020, the house prices in Canada have skyrocketed. Major Canadian cities, including Vancouver, Barrie and District, Victoria and Toronto, have seen housing costs rise by more than $200,000. In August 2023, the average house price in Vancouver measured at $1,208,400, up by a huge $261,800 since August 2020. In just three years, Barrie and … Read more

Decline in UK Mortgage Rates Spurs Optimism for Homebuyers and Remortgagors

Decline in UK Mortgage Rates Spurs Optimism for Homebuyers and Remortgagors

The average cost of a two-year fixed-rate mortgage in the UK has fallen below 6 per cent for the first time in almost six months, figures showed on Friday. In news that will be welcome to homebuyers and remortgage buyers, data from Moneyfacts showed that the cost of borrowing is still falling from the peaks … Read more