Posts by Allen Walkey
Unsafe private rented homes
Citizens Advice Bureau has just released this report, highlighting the high numbers of children who are living in unsafe privately rented homes. The report was based on research by the UK think-tank New Policy Institute.The £5.6bn and £1.3bn figures below relate to NPI analysis of English Housing Survey homes dataset for 2012, Department for Communities and Local Government, the…
Read MoreRevenue rises at Zoopla
Zoopla has been able to report a 10% rise in revenue despite the loss of almost a quarter of its advertsers due to the launch of property portal Onthemarket.com and their one other property portal policy. Zoopla who is the second biggest property portal in Britain after Rightmove reported that they made 13 per cent…
Read MoreHomes for Londoners
Tessa Jowell told an audience in central London this week that she would be putting housing at the heart of her campaign to become the next Mayor of London. Confirming her intention to stand, the former Labour MP reportedly said that she would establish a new ‘Homes for Londoners’ agency on “day one” of her…
Read MoreHouse Price Index
House price index in part for March 2015. Figures as taken from the Office for National Statistics UK house prices increased by 9.6% in the year to March 2015, up from 7.4% in the year to February 2015. House price annual inflation was 9.4% in England, 5.7% in Wales, 14.6% in Scotland and 7.5% in…
Read MoreHunters acquires Country Properties
The sales and Lettings agents Country Properties founded in Hitchen in 1974 has been acquired by Hunters the estate agents who already have 157 branches across the country and abroad. Country Properties who have branches across, Herts, Beds and Cambs have grown their operation to 23 branches, under Managing Director, Ian Wilson . The business…
Read More£1 million by 2030
£1 million by 2030, thats the figure that average house prices in London are expected to reach, that is double the present price, according to the Office for National Statistics the average home in the capital is now priced at £490,000. There is no doubt that the London property market is the most demanded in…
Read MoreSold sign award
I just had to share with our readers an article that appeared in the Rugby Advertiser yesterday, the article was headed “Five times lucky for Estate Agent” The article which had as its first paragraph: Edward Knight estate agents are proud to announce that for the fifth time in a row they have been confirmed…
Read MoreRent rises across UK
It has been reported that rent rises across the UK have matched the pace of Greater London for the first time, figures from HomeLet shows that the pace of which rent has risen from April 2014 to the same month in 2015 in London was 7.5% The UK’s average price per month has hit £916.…
Read MoreOverseas buyers
The election result has had a positive effect both for overeseas buyers attracted to the prime property market centered mainly around London and the south east of England, and the expatriate buyer looking towards retirement abroad. We have already had many reports out since the election on how the overseas buyers from Russia, Middle East…
Read MoreFall in new instructions says RICS
According to a most recent RICS UK residential market survey, the monthly house prices index has moved up in April to +33 from an upwardly revised +22 in March , data showed that for a third consecutive month there was a decline in supply of property, while 33% more surveyors saw prices rise in April,…
Read MoreAllsop online-only
Allsop launches the UK’s first ever online-only auction for new build homes, it begins with the auction of phase 2 of the West Drayton Waterside development on Thursday 11th June. Bidding will open at 10am on Wednesday 10th June with bids starting to close from 10.05 on Thursday 11th June. Allsop already a market leader…
Read MoreLandlords prefer semi-detached
A survey recently put out by Paragon the buy-to-let lender shows that 35% of landlords prefer the semi detached property when searching for a property to rent out, that figure is up from 23% in the last quarter of 2014. Terraced properties have reportedly fallen out of favour of prospective landlords, over the last three…
Read MoreChinese property investors
The election result is already sending out the signals that UK is again the place for overseas property buyers to invest their money, the conservative victory is seen as a confirmation of stability and growth in the high end property market, especially now that the threats of Mansion Tax and Non-Dom status reform have evaporated…
Read MoreLuxury property buying surge
London property agents reported a surge in activity within hours of it being confirmed that the Tories had won the 2015 General Election with a majority. The threat of the proposed Mansion Tax disappeared along with the threat of a Labour/SNP coalition, giving the green light to buyers that London was again an attractive place…
Read More10 million visits
According to reports UK agents’ website, OnTheMarket.com has attracted 10 million visits in three months, Chief Executive, Ian Springett, reportedly says, “We are confident in becoming the number two property portal by the end of January 2016 on our way to achieving our medium term objective of becoming the market leader.” “We are experiencing impressive…
Read More