Posts by EAN Breaking News
New homes for those on St Albans district council housing waiting list
A £3.2 million project that will see the refurbishment of a block of flats in to new council homes will take place later this year at Mereden Court site in Tavistock Avenue – Planning permission to redesign the site in to 18 new homes has been given the green light which will bring a satisfying…
Read MoreThe House Crowd acquire leasehold on Historic Building in Manchester
The Manchester crowdfunding #PropTech platform that is ‘House Crowd’ have reportedly invested in the leasehold of upper floors within an historic 19th century building towards the city centre. The 250 leasehold interest is within the building of 5-17 Chapel Walks and will see 16 new apartments created within it in due course. The House Crowd…
Read MoreFine & Country launches a new office in York
International estate agency Fine & Country has opened a new office situated in the historic walled city of York in North Yorkshire. Fine & Country York is joining the network of estate agents in over 300 locations worldwide. Frances Bowling, Manager of Fine & Country York, says, “I am very excited to join the Fine…
Read MoreNegative News for houses prices, great news for FTB’s
News is that the average property price of a home is now 0.8% lower than it was a year ago, no ‘spring bounce’ as predicted by many – Fears are that the UK property market as over peeked and due for a correction with the likes of the comedy show of Brexit in the hands…
Read More£30 million funding received to unlock 760 homes in the Essex
Positive news for the county of Essex as Homes England gives Swan Housing Association and Basildon Borough Council £30 million in order to provide 760 homes within Basildon. The regeneration programme will receive the loan in order to work on the Craylands Estate and Laindon Place – 110 homes will be affordable and the project will…
Read MoreSeven Hills Business Park in Edinburgh sells for £15 million
An Edinburgh business park has sold for £15 million to UBS-AM property investment fund – The 76,000 square foot industrial space is due to be completed by Autumn. Seven Hills is said to be the biggest industrial space built on spec for 20 years in Scotland. The space includes 11 units and holds already the…
Read MoreA look at property related Crowdfunding projects week 12 of 2019
There will always be one type of start up within the property industry that is looking to raise some finance, here is a quick overview of which are looking for what across Crowdcube and Seedrs – Know of any more this week then let us know! Crowdcube: Propio – Propio is changing the way that people invest in property. With £7.5m+…
Read MoreNo more ‘No DSS Please’, Love from Zoopla…
Zoopla, who are said to host around 1 million listings on their website, have stated that the phrase of ‘no DSS’ (DSS: now-defunct Department for Social Security) with regards to rental adverts will be banished in the next few weeks. The restriction was looked in to by both Shelter and National Housing Federation. Terms and…
Read MoreCoreLogic warns that Perth is heading for 5 year price plunge
The recent trend in property prices for Perth has seen declines and much negative press starting from approximately back in June 2014 when prices were at their peak. Since that time there has been a fall of 17.8% with some predicting that the market is bottoming out, though many others feel that prices may have…
Read More£2.2 million investment in to GetAgent
The estate agency comparison concept that is GetAgent has recently raised a sum of £2.2 million from a selection of investors to include Christian Woolfended (PhotoBox). GetAgent are said to be receiving 10,000 enquiries a month via their platform, 50,000 home sellers Helped and over 5,000 agents registered to their service. GetAgent.co.uk (currently they do not…
Read MoreKFH Pay a Pound Forward for London Youth
To celebrate their third year of partnership, Kinleigh Folkard & Hayward (KFH) has pledged to donate £1 to London Youth for every property valuation undertaken across residential sales or lettings during 2019. The scheme, known as ‘Pay a Pound Forward’, will contribute up to £30,000 towards KFH’s 2019 fundraising target of £80,000. These funds will…
Read MoreThe Guild says that it leads in the industry in market share?
According to figures provided by Twenty EA, an independent statistics provider, as a collective group, The Guild of Property Professionals currently has the highest percentage of market share of new instructions in the UK at 5.17%* (1st January – 7th March 2019), with the next estate agency brand representing 3.98%*. Iain McKenzie, CEO of The…
Read More£3 Billion affordable housing promised? by Government
The Chancellor Philip Hammond today announced that the government has planned a budget of £3 billion that will be put towards the supply of affordable housing thus around 30,000 affordable homes. The government are not in many people’s good books as of late and especially with their comical handling of the democratic vote to leave…
Read MoreReaction to the Spring Statement from Iain McKenzie
Iain McKenzie, CEO, The Guild of Property Professionals “Aside from announcing a new £3 billion Affordable Homes Guarantee scheme, the Spring Statement didn’t deliver much for the property market, which was expected given the lack of stability in the political arena and the no-deal Commons vote later today. What is needed are measures to improve…
Read MoreNFB: starter homes are a non-starter
Kit Malthouse admitted that the Government will fail to keep its 2015 election promise to build 200,000 starter homes by 2020. In 2016, the Government allocated £1.2 billion to the ‘starter homes’ programme, which aimed to build 200,000 properties exclusively for first-time buyers at a 20% discount on their market value. When asked how many…
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