Posts by Allen Walkey
UK house prices increase for the fourth consecutive quarter according to Halifax
Latest Halifax House Price Index report – November 2017 released today headlines ‘Annual House Price Growth Eases to 3.9%’ The report reveals house prices in the three months to November 2017 were 2.4% higher than in the three months to August 2017. House prices rose by 0.5% between October and November, following a 0.3% increase…
Read More£25 million of government support to deliver more homes
In a recent press release from the Department for Communities and Local Government and Alok Sharma MP, it was announced ‘Government unlocks £25 million to deliver more homes.’ A new £25 million fund has been launched to help local authorities to deliver the high quality, well designed homes that this country needs. Housing and Planning Minister…
Read More128,000 children in Britain will be homeless on Christmas day according to a new report by Shelter
A shocking 128,000 children in Britain will wake up homeless and in temporary accommodation this Christmas, a new report by Shelter reveals today. One in every 111 children is currently homeless, and with the country still at the mercy of a worsening housing crisis, 2017 has seen the highest numbers of homeless children in a…
Read MoreContinued access to skilled EU workers is important to deliver on the Government’s housing targets
New Research from the House Builders Federation (HBF) published yesterday 5th December 2017 illustrates importance of EU workers in building the country’s homes. The report states: Housebuilders in England are heavily reliant on foreign labour and will need continued access to skilled EU workers post Brexit to deliver the Government’s housing targets an extensive new…
Read MoreARLA Propertymark reveals trends and expectations for 2018
In a press release yesterday from ARLA Propertymark, they analyse their lettings data for 2017 to reveal trends and expectations for 2018. To read ARLA Propertymark’s 2017 overview of the private rented sector in full click here David Cox, Chief Executive, ARLA Propertymark comments on the findings: “It was always going to be an interesting…
Read MoreNAEA Propertymark reveals trends and expectations for 2018.
In a press release yesterday from NAEA Propertymark they analyse their sales data for 2017 to reveal trends and expectations for 2018. To read NAEA Propertymark’s 2017 overview of the housing market in full click here. Mark Hayward, Chief Executive, NAEA Propertymark comments on the findings: “2017 has been a busy year for the property…
Read MoreConstruction output rise is led by housing
The Latest IHS Markit/CIPS Construction PMI report – November 2017 rose to 53.1, up from 50.8 in October and beating forecasts of 51.2. The report out today headlines ‘Construction output rises at fastest pace for five months, led by housing’, the report mentions that the improvement in construction growth was largely confined to residential work.…
Read MoreAverage house now selling for just under 4% below asking price according to Zoopla
The latest research from Zoopla reveals property sales values are sliding further from asking prices, with the average home in England and Wales now being sold for 3.86% under the price it was originally marketed for. In the news article published last week by Zoopla they also revealed that the asking-to-selling price gap is 0.32% bigger than last year. Homes in…
Read MoreNovember annual house price growth remains the same as October at 2.5% according to Nationwide HPI
The latest Nationwide House Price Index report released today headlines ‘Annual house price growth steady in November’. The report reveals that annual house price growth remains stable at 2.5%, the same rate as in October 2017. A modest 0.1% month-on-month increase which is down from 0.2% in the previous month. The changes in stamp duty…
Read MoreThe Conveyancing Association announces first completion of property transaction under ‘Conveyancer’s Code for Completion’.
The Conveyancing Association (CA), the leading trade body for the conveyancing industry, yesterday (29th November 2017) announced the first house purchase/sale completion has taken place under the terms outlined in the CA’s own ‘Conveyancer’s Code for Completion’. The first Completion of a property transaction has now taken place under the Code for Completion and was…
Read MoreZPG announces another year of record performance across the business and the acquisition of Calcasa
ZPG PLC today announces full-year results for the twelve months ended 30 September 2017. Commenting on today’s announcement Alex Chesterman, Founder & CEO of ZPG Plc said: “We are delighted to have delivered another year of record performance across the business as we continued to provide increased transparency to our consumers and efficiency to our…
Read MoreTelford Homes on track to deliver over £40 million profit before tax for FY 2018
Telford Homes Plc the residential property developer focused on non-prime London, today announces its interim results for the six months ended 30 September 2017. Jon Di-Stefano, Chief Executive of Telford Homes, commented: “Telford Homes is firmly on track to deliver profit before tax in excess of £40 million for the year to 31 March 2018,…
Read MoreZPG agrees long term extension of their existing relationship with LSL
ZPG Plc announced earlier this week that it has signed a new long term portal agreement with LSL Property Services Plc, the UK’s third largest estate agency group. As part of the new agreement, LSL, which owns several brands in the UK including Your Move, Reeds Rains and Marsh & Parsons, with over 500 estate…
Read MoreSales lodged for registration in October 2017 according to HM Land Registry
News release from HM Land Registry published today – October 2017 Price Paid Data. This month’s Price Paid Data includes details of more than 101,000 sales of land and property in England and Wales that HM Land Registry received for registration in October 2017. Of the 101,008 sales received for registration in October 2017: 74,649…
Read MoreHouse price to salary ratio for London has hit a record high according to Hometrack
The latest Hometrack UK Cities House Price Index – October2017 reveals UK city house price inflation increases to 6.1% with robust growth in regional cities. The house price to salary ratio for London has hit a record high at 14.5x earnings, the average house price in London reached £496,000 in October, and average earnings were…
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