Posts by Allen Walkey
The number of property transactions falls in July 2018 according to HMRC
HM Revenue and Customs – UK Property Transactions Count – July 2018 The provisional seasonally adjusted UK property transaction count for July 2018 was 99,270 residential and 10,960 non-residential transactions. The seasonally adjusted estimate of the number of residential property transactions decreased by 0.8% betweenJune 2018 and July 2018. This month’s seasonally adjusted figure is…
Read MoreDiscrimination against people on housing benefit revealed in new report from Shelter and NHF
A new Shelter and NHF report reveals discrimination against housing benefit tenants is rife Five of England’s leading letting agents actively discriminate against tenants on housing benefit, according to a new report by Shelter and the National Housing Federation (NHF). In an undercover investigation carried out by Mystery Shoppers Ltd. 149 regional letting agent branches…
Read MorePersimmon announces New Home Sales increased in half year results.
Persimmon plc today announces half year results for the six months ended 30 June 2018. They announced that both Profit before tax and New Home Sales increased. Jeff Fairburn, Group Chief Executive, said: “These strong results reflect the continued successful delivery of the Group’s long term strategy and our commitment to meeting customer demand in…
Read MoreUK households owe almost £19 billion to essential service providers and government in arrears according to Citizens Advice
Citizens Advice is calling for better regulation of unaccountable bailiff firms as it reveals households have fallen behind on their essential bills, such as council tax and utilities, by an estimated £18.9 billion. Figures from the charity show: UK households owe £18.9 billion to essential service providers and government in arrears. This includes tax credit…
Read MoreGreater London house prices more than double national average according to Halifax research
Latest research from Halifax reveals that Greater London house prices per square metre stall for the first time in 8 years, prices per square metre rose by less than 1% in Greater London. The greatest increase over the last 12 months was in East Anglia where house prices per m2 rose by 7% to £2,256…
Read MoreResponse to press speculation on three year tenancies
In responding to reports in The Sun that a decision will be announced next week on longer term tenancies, the Residential Landlords Association (RLA) warned that this would be a huge breach of confidence in the democratic process given that the consultation on longer tenancies does not close until 26th August. In a later news…
Read MoreRemortgaging continued to dominate in June according to UK Finance
Latest news release from UK Finance dated 14th August 2018 headlines ‘House purchase activity slows in June but remortgaging activity remains high’. Commenting on the data, Jackie Bennett, Director of Mortgages at UK Finance said: “Remortgaging continued to dominate in June with borrowing figures up 13 per cent on the same period last year as…
Read MoreAverage price of a property for June 2018 in UK was £228,384 according to latest HPI from HM Land Registry
Latest UK House Price Index Summary – June 2018 from HM Land Registry reveals that the average price of a property in the UK was £228,384. The report stated that UK house prices rose by 3.0% in the year to June 2018, down from 3.5% in the year to May 2018. This is the lowest…
Read MoreHouse prices fall overall in August in England and wales according to Home.co.uk
Latest Home.co.uk Asking Price Index report – August 2018 headlines ‘Home Price Falls Spread Across More Regions’. According to Home.co.uk, Home prices in England and Wales fell overall by 0.3% this month, the largest falls were in London and the South East. The report reveals that home prices have experienced a downward correction in the…
Read MoreSocial Housing green paper offers ‘New Deal’ for social housing residents
Press release 14th August 2018 from Ministry of Housing, Communities & Local Government and The RT Hon James Brokenshire MP A ‘new deal’ for social housing residents, as part of the government’s commitment to make a housing market fit for the future has been launched by Secretary of State for Communities Rt Hon James Brokenshire…
Read MoreAverage UK monthly rent for July 2018 is now £937 according to Homelet
Latest Homelet Rental Index report – July 2018 data reveals reveals that average rents across the UK rose by 1.3% in July 2018 when compared to the same month a year previously; the average monthly rent is now £937. Rents in London increased by 3.3% in July 2018 than in the same month of 2017;…
Read MorePrices fell again in July on a monthly basis according to LSL
Latest LSL Property Services/Acadata England & Wales House Price Index report – July 2018 headlines ‘Average house price in England and Wales now £302,251’ On a monthly basis, prices fell again in July, for the fifth month in succession: down 0.2%, leaving the average house price at £302,251. The figure is still up on an…
Read MoreShelter’s response to Governments new rough sleeping strategy including joint response.
Please find below Shelter’s full response to the government’s new rough-sleeping strategy, and also a joint response from the seven housing and homelessness organisations (including Shelter) who sat on the Rough Sleeping Advisory Group. Polly Neate, chief executive of Shelter, said: “This strategy is an important step forward in the fight against the rough-sleeping emergency that’s…
Read MoreRental growth slows to 0.2% across Great Britain in July according to Hamptons International
Latest Hamptons International Monthly Lettings Index – July 2018 reveals that the proportion of homes let by an international landlord in Great Britain halves from 13% in H1 2010 to 6% in H1 2018, however London bucks the trend. The average cost of a new let in Great Britain rose to £964 pcm in July…
Read MoreArrears and possessions at all-time historic low according to UK Finance
Mortgage arrears and possessions continue to remain historically low is the headline of the latest news report from UK Finance. The news report from UK Finance reveals that there were 76,740 homeowner mortgages in arrears of 2.5 per cent or more of the outstanding balance in the second quarter of 2018, 8 per cent fewer…
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