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Posts by EAN Breaking News

Rightmove trials option to purchase commercial property online

Rightmove logo

Rightmove is trialling an option on some commercial property listings that allows buyers to submit offers and digitally exchange contracts by using a platform called clicktopurchase®. The six-month trial gives potential buyers the chance to view a number of commercial properties on Rightmove marketed by London agency Singer Vielle, and then go straight to the…

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Purplebricks are set to announce an embarrassing exit from the US on Wednesday

Purple Bricks Logo

Negative news continues on the online estate agency front with PurpleBricks having to retreat from the US following a not so success exploration… Australia failure was seen in May following claims that the market was a too challenging one. Will the UK be next? Full story can be read here:

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Let By

A new research report has revealed how London letting agents could be missing out on thousands of pounds of potential income each year by not focusing on providing full property management to landlords. Professional supplier to the lettings industry, ARPM, has developed a detailed report titled ‘Why let-only is a losing game for London letting…

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Will the (UK Property Market) bubble burst?

Fedee Global

One of the biggest pressures on consumer prices (although not fully registered in consumer price indices) is the cost of housing. This, in turn, is a huge driver on middle income pay expectations. The collapse of a property price bubble, triggered by the mass failure of toxic mortgages, was a major factor in the last…

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Councils plan our communities, not the Government

National Federation of Builders

Anne Marie Morris MP believes that house building has become “more centralised at national level, taking power away from local authorities” and that “a community right to appeal” would be one way to properly re-balance the planning system. The National Federation Builders (NFB) disagrees with her assessment and encourages the MP for Newton Abbot to…

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£100 million spend on 1’000s of affordable homes for Glasgow

affordable houses glasgow

Good news re housing for Scotland and for Glasgow with a reported budget of over £100 million will be going towards delivering 3,500 homes which includes large scale regeneration projects on sites which have been left derelict for more than a decade. Sites include those within Larkfield, Ardencraig, Hamiltonhill and Dalmarnock. The bulk of property…

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21% Fall in Commercial Sales value in Scotland

Commercial Frontage Property

Reports released by the Scottish Property Federation (SPF) shows negative figures to the tune of a 21% drop in the value of commercial property sold in Scotland – This fall was within the Q1 of 2019 and compared to the figures of 12 months ago. The fault is put on the fact that there were…

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