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Posts by Allen Walkey

RLA membership hits new record high

Membership of the Residential Landlords Association (RLA) has hit a new record high of 35,000. Established by landlords, for landlords in 1998, the not-for-profit association – Britain’s leading landlord body – has seen huge growth in recent years, reaching this new milestone less than two years after hitting the 30,000 mark. Answering more than 66,000…

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Gross mortgage lending across the residential market in November was £23.1bn according to UK Finance

Latest UK Finance’s Household Finance Update – November 2018 reveals that gross mortgage lending across the residential market in November was £23.1bn, 2.0 per cent lower than November 2017. The number of mortgages approved by the main high street banks in November was 10.6 per cent lower than November 2017; approvals for house purchase were…

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Londoners purchased £30 billion worth of property outside the capital in 2018 according to Hamptons International

In  2018 Londoners purchased £30 billion worth of property outside the capital, this is the highest level since 2007 according to Hamptons International most recent press release. Hamptons International reveal that the average price of a home bought by a Londoner outside the capital has also risen and now stands at £398,910 – the highest level…

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Onthemarket has entered into a long-term listing agreement with 12 branch estate and letting agent firm

OnTheMarket plc, the agent-backed company which operates the OnTheMarket.com property portal, announced that it has entered a long-term listing agreement with 12 branch estate and letting agent firm Jackson Grundy. Formed in 1994, Jackson Grundy, based in Northamptonshire, has 10 sales branches and two lettings branches. David Jackson, Managing Director at Jackson Grundy, said: “In light of frequent…

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