Posts by Allen Walkey
A great result
A really great result for the property market as David Cameron settles back in No.10 with an overall Majority, after months of speculation on the outcome of the election people can now really get on with their lives in the knowledge that we have a Government in charge who puts growth first. Many buyers had…
Read MoreOne hundred complaints.
Since October last year it was mandatory that Property Agents be joined up to a consumer redress scheme, essentially a scheme authorised by the Department for Communities and Local Government (DCLG) and National Trading Standards, a role in which the scheme would provide fair and reasonable resolutions to disputes between members of the public and…
Read MoreCameron back at No.10
At the time of writing this post at 07.00am today the counts was as follows: Cons 320..Labour 243..SNP 56..Lib-Dem 9..others 22 This all points to David Cameron being back in No.10, however at this point in time it is still unsure whether Conservatives will have an overall majority or that they will be just short.…
Read MoreUnaffordable Housing
According to a new report from Shelter, many first-time buyers (FTBs) are finding themselves locked out of the housing market because of affordability issues, with many being placed under increasing financial pressure in order to buy their own homes. As a result of this the union UNISON is asking the Government to provide more help with…
Read MoreDefinately not Labour
Today, I am posting why I personally would not be voting Labour tomorrow, it is a view with one eye on the negative effects it could have on the property industry and the other on a few points in general that others may not be aware of. It is not only myself that feels that…
Read MoreRented sector could suffer under Labour
There could be serious problems ahead if a labour Goverment were to enforce all the Landlord reforms they have been threatening to enforce, that is if they are elected into power with or without support from another party. We could see fewer rented homes available as Landlords may just look to sell up and not…
Read MoreGood news from Halifax
The Halifax has introduced a new mortgage scheme for First Time Buyers, it will apply to those first time buyers applying for a qualifying mortgage between the 4th May to the 28th June this year, this offer excludes Buy To Let and Large Loans over £1 million. According to the Halifax they understand what a…
Read MoreJust 3 days before Election
Yes, just 3 days to go before the General Election 2015, and still no one is able to predict a confident outcome, that applies to the party that will have most seats and the coalition that may exist after. The Yougov results for Sunday 3rd May were as follows. Cons 34% Lab 33% LD…
Read MoreMortgage approvals for March
U.K. mortgage approvals unexpectedly fell in March, probably due to consumers being wary of purchasing a new home in the months before the general election. Approvals fell to 61,341 from 61,523 in February, the Bank of England reported today. Economists had forecast an increase to 62,400. With a less than a week until the general…
Read MoreRents should stabilize
All too often high rents have been in the spotlight over the last year or two, affordability for most has become close to a joke, especially in the Capital, maybe we have light at the end of the tunnel, according to a survey conducted by Your Move and Reed Rains of more than 1200 landlords…
Read MoreDecision re letting boards in Cardiff
Two areas in Cardiff, Cathays and Plasnewydd will see a ban on letting boards coming into force from this October, both areas are heavily populated by students. The Welsh Government gave power to Cardiff Council to take action against Landlords who displayed such advertising without requesting consent. Landlords are not at all happy how these…
Read MoreZoopla Property Group surprise purchase
Zoopla Property Group (ZPG), the digital media business which owns and operates some of the UK’s leading online property brands including Zoopla and PrimeLocation, has conditionally agreed to acquire Ulysses Enterprises Limited, owners of price comparison site uSwitch, in a £160m deal. Founded in 2000, uSwitch is one of the most widely recognised and trusted…
Read MoreLondon Property Sales
It would appear that first-time buyers are almost level with investors in the Prime London property market, according to a report from estate agent Marsh & Parsons’ latest London Property Monitor. According to reports almost one in three of Prime London properties were purchased by investors in the first three months of this year, that…
Read MoreHouse prices at record high
The price of a typical home in the UK rose by 1% between March and April, according to the latest figures from the Nationwide House Price Index, this is the largest monthly rise since June 2014. UK house price growth rose an annual rate of 5.2 per cent in April, a small rise from the…
Read MoreHouse builders shares drop
Some of the biggest names in UK housebuilding took a hit Monday on the stockmarket as Labour’s plans to impose tighter rules on landlords emerged. This drop in housebuilding stocks comes as no surprise, we already have the Labour party threatening a Mansion Tax and the abolishion of Non Dom Staus, now rent caps and…
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