Posts by EAN Breaking News
Noel Gallagher knocks £Millions off the asking price of his London Mansion
Noel Gallagher hopefully will not look back in anger as he knocks off £3 million on his London mansion in desperation of trying to find a buyer. Just how crazy are prices in London? Well Noel Gallagher will certainly be one property owner to study as following a recent £2.5 million knocked off the asking price…
Read MoreProperty Bosses ordered to pay back £182,000
A recent press release on the official gov.uk website highlights the case of a husband and wife team of directors of ‘London and Berkshire Limited‘ who were reported to have taken out payments of at least £182,000 during an investigation by the Official Receiver following the company’s shut down in June 2015. “Husband and wife,…
Read MoreLinley & Simpson Estate Agency snaps up Flemings
An independent estate agency in Pudsey, West Yorkshire, has opened up a new branch replacing a rival agency following a buy out. Linley & Simpson recently acquired the family run firm of Flemings taking over its rental portfolio (and staff) and increasing its network of agencies to 16 after rebranding the store on Robin Lane. Will Linley,…
Read MoreUK HOUSE PRICE GROWTH SLOWEST SINCE JULY 2013
UK house prices grew by 2.5% in the year to December 2018, down from 2.7% in the year to November 2018. This is the lowest annual growth for the UK since July 2013, when house prices increased by 2.3%. House price growth was strongest in Northern Ireland where prices increased by 5.5% over the year…
Read MoreDurham County Council approves 57 new homes for vandal-hit site
Planners have recently approved a project that will see 57 new ‘homes’ being provided on what is currently a known vandal-hit former school site in Gainford. Planning officers from Durham County Council’s south-west planning committee are said to have unanimously approved the proposal to build 57 homes on the former St Peter’s School site in the Dale village.…
Read MoreFake Google reviews hit Estate Agent in Kendal
Just how good are online review platforms and how beneficial are they to estate agents? What happens if you get a genuine client who simply wants to vent their anger across the internet, will their comments remain, who is right or wrong, what if the estate agency in question requests removal of said comments? ‘Fake’…
Read MoreCapitalRise loans £6.9 million for prime property in London
CapitalRise, a specialised property lending platform, has been reported to have loaned out £6.9 million for a redevelopment of prime property in London’s prestigious Holland Park. CapitalRise has seen over £270 million lent against since it launched in 2016 with an estimated average return of around 9.5%. “Prime is a market that we have longstanding…
Read MoreAverage rental price in the UK in January 2019 is £932, up 2.5% on last year
HomeLet Rental Index January 2019 Average rents across the UK rose by 2.5% in January 2019 when compared to the same month a year previously; the average monthly rent is now £932. Rents in London increased by 3.7% in January 2019 than in the same month of 2018; the average rent in the capital now…
Read MoreGDP growth at a 6 year low but no recession imminent?
Business Growth Expert and Yomdel CEO, Andy Soloman, commented: “We’ve seen the impact our continued Brexit debacle is having on areas like the property market, but whichever way you look at it, it’s clear this detriment reaches right across the UK economy. The slowest rate of annual growth in six years and a month on…
Read MoreHigh-rise building situation in Australia at risk?
An interesting watch on Youtube in the high-rise building situation in Australia and the alarming rate at which they are going up. Concerns towards defects and safety are starting to build and that many Australian dollars could be at risk. Housing and banking expert Martin North North has criticised developers and the housing industry for…
Read More38% of London boroughs uninhabitable for renters – here’s the worst
The latest research from ideal flatmate has looked at just how hard it is to survive in the capital’s rental market and where across London has become uninhabitable due to increasing rents and inadequate wage growth. ideal flatmate looked at the average monthly income after tax for the residents in each borough excluding the City…
Read MoreHalifax HPI – House price growth hits brick wall – Andy Soloman of Yomdel comments:
Founder and CEO of Yomdel, Andy Soloman, commented: “House price growth seems to have hit a brick wall so far in 2019, with next to no growth during January continuing the slower market trends of the previous year. This slothful start remains consistent with many other areas of the economy but of course, seasonal factors…
Read MoreBanks Long & Co secures project to deliver 469 bedroom student community
One of the biggest investment deals in Lincoln is to be under the management of property consultants Banks Long & Co who are set to be consulting on the new project ‘Valentine Court’ development in the former Superbowl site next to Valentine Retail park off Tritton Road – Castle Square Developments will be delivering the…
Read MoreBid to expand housing estate by 69 houses rejected by councillors
Local residents were able to overturn a decision that would have seen an extra 69 homes added to the existing 58 development on Coopersknowe Crescent, Galashiels (Scottish Borders). Though originally Selkirk-based Eildon Housing Association was given the green light on the project, they had additionally added to the plans (from 58 to 69 homes) which led to…
Read MoreBarratt Developments reports a 19% half-year profit
Barratt is the UK’s most well known and largest housebuilder and despite the ongoing concerns re Brexit and a down turn in the property market, it has reported a jump in half year profits of 19%. The news is that the government’s ‘Help to Buy‘ incentive along with affordable finance packages for mortgages is what has…
Read More