Posts by EAN Breaking News
GDP 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 MoreHouse prices Stumble and maybe to Crumble? Halifax House Price Index
+0.8% Annual change -0.6% Quarterly change -2.9% Monthly change £223,691 Average Price Prices in the three months to January were 0.8% higher than in the same three months a year earlier – down from the 1.3% annual growth rate recorded in December. House prices in the latest quarter (November-January) were 0.6% lower than in the…
Read MoreMullucks Wells joins forces with Hunters
Mullucks Wells, a Bishop’s Stortford based estate agency, has now joined forces with Hunters who are one of the largest independent networks of sales & lettings agents in the UK. The partnership will enable Mullucks Wells to maintain it’s name and push out co-branding and also benefit from the infrastructure in place at Hunters in order that…
Read MoreEdinburgh Shopping Mall sells for less than a London Flat!
A recent news story coming from Scotland shows that the Postings Shopping Centre in Kirkaldy was sold at an auction (Allsop Auction House) for no more than the price of a London flat offering the new owners a yield of nearly 50%! With a guide price set at just £1, Postings Shopping Centre in Kirkcaldy, Scotland…
Read MoreYour Move and Reeds Rains to close 124 branches?
Concerns at two of the UK’s biggest names in Estate Agency with Your Move and Reeds Rains declaring that jobs could be at risk due to closing of 124 branches. The reason being for the closures and mergers is the vision to create larger ‘keystone’ branches containing latest in technology as well as larger office…
Read MorePROPERTYHEADS.COM LAUNCHES FREE VALUATION TOOL FOR AGENTS
PropertyHeads.com has just launched a tool that provides valuation leads to agents completely free of charge, via a Request Valuation button on all agent profiles. PropertyHeads.com is also offering agents a Request Valuation tool, similar to the traditional portals, sharing valuation leads with up to three local agents. What’s more, agents don’t pay, instead valuation…
Read MoreRough sleeper pulls knife on Estate Agent
A squatter within a Salford tower block pulled a knife on an estate agent placing the blade next to his victim’s throat. A Norman Gordon was served with a court injunction that bans him from entering buildings following previous numerous nuisance reports of sleeping rough in stairwells of high-rise apartments. The sentence was 18 months…
Read More49 affordable homes given go-ahead for Rock Ferry, Merseyside
Great news for the community of Rock Ferry that lies in the Metropolitan borough of Wirral with 49 affordable homes gaining the green light. The £6 million rent scheme will be providing 15 x two and three bedroom houses along with 34 x one and two bedroom flats to be located on land adjacent to Cammell Laird…
Read MoreNew smart technology platform in Manchester via Knight Frank
The new location for the team up between Knight Frank, Equiem and landlord Mapletree is 3 Hardman Street, Spinningfields. The smart technology platform in Manchester is set to revolutionise the way ‘work communities’ are to interact within the building and with each other. The ‘3 Hardman Life’ portal will enable businesses across different sectors to network more easily…
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