ZPG reach significant milestone in referrals via new MoveIt tool

ZPG reveals  that they have reached the significant milestone of delivering over £1m in referrals to their agents via their new MoveIt tool. In the press release ZPG state: MoveIt provides agents with the opportunity to build their own supplier panels and offer their home-movers with quick and convenient quotes from leading professionals from across…

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ARLA Propertymark pleased the Government has taken the decision to regulate the private rented sector

ARLA Propertymark commented last week on the Conservative pledge to regulate private rented sector. David Cox, Chief Executive ARLA Propertymark comments on Conservative pledge to regulate the private rented sector. “After 20 years of our campaigning falling on deaf ears, we’re very pleased the Government has taken the decision to regulate the private rented sector.…

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Wales draft budget includes proposals for average first-time buyer to pay no stamp duty

This week Finance Secretary Mark Drakeford  unveiled a new budget for Wales, reflecting the Welsh Government’s new tax and borrowing powers. In the draft budget the Finance Secretary  announces new progressive rates and bands for land transaction tax (LTT) and landfill disposals tax (LDT), which will replace stamp duty land tax and landfill tax, respectively…

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Demand for new homes remains strong says NHBC

NHBC’s latest new home registration statistics reveals that more than 13,500 new homes were registered to be built in August, an increase of 9% compared to a year ago. During June – August 2017, the number of NHBC new home registrations was 38,360 compared to 37,145 in the same period last year. Of these: 28,866 were…

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Funding for affordable homes will be increased by a further £2 billion

The government has confirmed plans for a new generation of council and housing association homes as confirmed in the Gov.UK announcement. Government has confirmed plans for a new generation of council and housing association homes. Funding for affordable homes will be increased by a further £2 billion to more than £9 billion. Ministers also confirmed plans…

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Shelter’s response to the Help to Buy announcement and Sajid Javid’s speech

Shelter’s response to the Help to Buy announcement and Sajid Javid’s speech. Polly Neate, CEO of Shelter said: “Extending Help to Buy is the wrong priority at a time when over a million renters are struggling with crippling housing costs. Help to Buy has barely helped the first-time buyers it is targeted at and has done nothing to help those worst affected by our broken housing market and those…

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New funding available for Help to Buy Equity Loan

News story from HM Treasury asnd The Rt Hon Philip Hammond MP published on Gov.uk website headlines ‘£10 billion new funding for Help to Buy Equity Loan’. New funding means that the Help to Buy Equity Loan could help around 135,000 more people to buy homes by 2021. The new funding expands the government’s commitment…

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London is weakest performing region first time since 2005 says Nationwide

The latest Nationwide House Price Index report September 2017 headlines ‘London house prices fall for first time in 8 years’. London is weakest performing region for first time since 2005, with house prices down 0.6% year-on-year. UK annual house price growth stable at 2.0% in September. Commenting on the figures, Robert Gardner, Nationwide’s Chief Economist,…

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Rental demand outstrips supply in many areas according to Your Move

Latest Your Move Buy-to-Let Index report September 2017 for England and Wales headlines ‘Rents rise across much of England and Wales’. The report reveals:  On a non-seasonally adjusted basis, the average rent charged to tenants was £904 in August, many areas see demand outstrip supply as tenant numbers rise. Richard Waind, Director, Your Move, comments:…

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Rental prices are increasing across much of Scotland says Your Move

Latest Your Move Buy-to-Let Index report September 2017 for Scotland headlines  ‘Scottish rents edge up in August’. The report reveals: Demand for rental properties in Scotland continues to grow, typical Scottish rent stands at £579 in August, up 0.7% on July. Brian Moran, Lettings Director, Your Move Scotland comments: “Rental prices are increasing across much of…

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