March 29, 2024
Mortgage

Mortgages and Interest Rates Will be a Hot UK Election Issue

With Britain expecting a general election later this year, the ruling Conservatives and Labour opposition are drawing up rival plans to help a key demographic: aspiring homeowners. An affordability crisis linked to decades of underinvestment in new homes — plus years of rock-bottom interest rates that pushed up property values — have piled pressure on

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Funds

EU Markets Watchdog Sounds Warning on Real Estate Funds

LONDON (Reuters) – The European Union’s 1.1 trillion euro ($1.19 trillion) real estate funds sector faces multiple risks related to leverage, valuations and liquidity, requiring “stepped up monitoring”, the bloc’s securities watchdog ESMA said on Tuesday. “ESMA confirms the risks posed by real estate (RE) funds, in a context of declining volumes of transactions and

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