Posts by EAN Breaking News
U-Turns and Roundabouts – Governments’ Tier means no real change:
Paul Offley, Compliance Officer at The Guild of Property Professionals: As expected there is no real change for our industry under the new Tier restrictions. Agents have been working hard for many months to ensure that they can continue to provide a professional service to sellers, buyers, landlords and tenants in a fully Covid-secure way…
Read MoreIain McKenzie, CEO of The Guild, comments on the UK House Price Index:
The stamp duty holiday and urgency it has created in the property market continues to have a positive impact on house prices with the UK House Price Index data showing a 1.7% monthly price change in the UK in September, with the annual change at 4.7%. The report reveals that house price growth was the…
Read MoreHelp to Buy: Equity Loan scheme (2021-2023) NOW OPEN!
“First-time homebuyers who are eligible for an equity loan can borrow up to 20% (40% in London) of the purchase price of a new build home. Check with your homebuilder that they are registered for the scheme before you apply.” source helptobuy.gov.uk The official government website ‘help to buy’ has released new figures on what…
Read MoreGiraffe360 raises $4.5M to expand their service
Giraffe360 has raised $4.5M on the back of 10x revenue growth to further expand their unique “camera-as-a-subscription” service for the real estate industry The PropTech startup has raised a $4.5M funding round to further accelerate its 10x growth. Leading the round are LAUNCHub Ventures and Hoxton Ventures joined by another European VC firm, HCVC (Hardware…
Read MoreAirport ‘takes off’ 5.55 hectares for new housing
More good news for new housing figures and especially that they will be sustainable built, the Highlands and Islands Airports Limited (HIAL) has sold off some of their land to a local developer with planning application already submitted. A parcel of land totalling 5.5 hectares is now in the hands of developers to provide new…
Read MoreAffordable & Sustainable Homes for Scottish Salmon workers
Scottish Salmon Producers Organisation has led a now to be fruitful campaign that will see new affordable homes provided for key salmon farming workers in the Scottish Highlands. On top of this great idea homes will also be sustainable further benefitting and respecting the region which currently sees homes priced usually beyond the affordability of…
Read MoreConnells sniffing out COUNTRYWIDE PLC (CWD)
Buyouts can be music to many an investors ear, it can send share prices shooting towards the stars and the excitement they bring can add much positive PR boosts for the brands in question. Countrywide PLC have had a somewhat rocky ride in recent years and only recently were juggling bone china plates with much…
Read MoreComment from Iain McKenzie on Halifax HPI:
High levels of property transactions continue to have a positive impact on house prices with the Halifax House Price Index reporting that house prices were +7.5% higher this year than they were in the same month in 2019. The average house price in the UK is now £250,457, breaking through the quarter of a million…
Read MoreKnight Frank: “buyers seek outdoor space and greenery”
Knight Frank’s latest prime London sales and prime London lettings data: Key highlights: Sales: · Property prices in prime outer London rise as more buyers seek outdoor space and greenery – Prices rose 0.9% in prime outer London in the three months to October, which was the highest such rise in five years. The…
Read MoreDemand for cheaper housing in USA weakens
The American Real Estate market has had a fairly good time this year and has held strong even against the out break of covid-19. What we must always take note of though, of the housing market in the USA, is it usually shows what will soon to happen in the UK. The election in the…
Read MoreFine & Country Market Report – Transaction levels recover
Before the lockdown announcement was made, the number of transactions completed was returning to pre-Covid levels. This is according to Nicky Stevenson, MD of Fine & Country UK, who says that during September this year, HMRC has estimated that 98,010 transactions completed. She adds that newly agreed sales since July have been between 42%…
Read More7.5m pints of beer may end up down the drain due to lockdown
Is this really going to be the final nail in the combined coffin of the hospitality and tourism industries? It is said we are facing the biggest health challenge of our life time and though the figures shared from the government do not sit well with many doubting the pandemic and motives of those in…
Read MoreNew Online Agent looks to remove risk for Landlords
Any letting agent that has the interests of it’s landlords at heart will certainly do well and especially in the current climate where managing a property portfolio might not be the easiest profession under the sun. A new online estate and lettings agency will focus exactly on this, Stockport-based company Three Sixty Living, and also…
Read MoreFormer Glasgow hospital site will offer 100’s of new homes
A recent news story from Scottish Housing News shows that 403 new homes are proposed to be built at the site of the former Ruchill Hospital in north Glasgow. “If approved, the homes will consist of 160 one and two-bedroom flats and 243 three and four-bedroom homes.” The site will see a selection of flats…
Read MoreUniversity of Liverpool to sell off halls for residential development
Suggested that the current site of the Carnatic halls is no longer fit for purpose, ie to hold student, the best thing to both improve the bank balance and also help towards local housing is to put out the site for residential development. “Operating for more than 50 years, the ageing nature of the buildings…
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