Posts by EAN Breaking News
President Trump signs an executive order on Affordable Housing Development
The USA is set to address affordable housing for people across their nation with President Trump recently signing an executive order to set in motion eliminating barriers. “This new council will engage with State, local, and tribal leaders to identify and remove obstacles that impede the development of new affordable housing.” is quoted as one…
Read MoreRightmove trials option to purchase commercial property online
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…
Read More60% Of Homeowners Prefer To Pay An Estate Agent On Completion Of Sale
London, England— 1st, July 2019 — When it comes to selling their property, 60% of homeowners would prefer to pay upon completion with only 20.7% preferring the upfront model favoured by many online estate agents. That’s according to the latest survey by property advice website Property Road who have published insights collected from their ‘Choose…
Read MorePurplebricks are set to announce an embarrassing exit from the US on Wednesday
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: https://www.proactiveinvestors.co.uk/companies/news/223209/purplebricks-reportedly-set-to-announce-embarrassing-retreat-from-us-on-wednesday-223209.html
Read MoreLONDON LETTING AGENTS LOSING 80% POTENTIAL INCOME PER TENANCY
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…
Read MoreWill the (UK Property Market) bubble burst?
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…
Read MoreCouncils plan our communities, not the Government
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…
Read More£100 million spend on 1’000s of affordable homes for 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…
Read More21% Fall in Commercial Sales value in Scotland
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…
Read MoreAspirations for new Waterside neighbourhood set to take a step closer
Nottingham City Council is due to take an important step towards its vision for a new neighbourhood along the banks of the River Trent next week, as the city’s Waterside Supplementary Planning Document (SPD) goes to Executive Board for adoption. The SPD, which went to consultation in October last year, sets out the city’s vision…
Read MoreHow would a ‘Garden Tax’ from Labour effect the Property Market?
Goodness knows what somebody studying the history of UK politics in one hundred years time ever make out what crazy times we had following the 2016 UK Referendum and the vote to leave the EU, and adding to the index of headlines is Labour with their plans to encourage taxation on gardens. Now, for the…
Read MoreNewton and Fallowell purchases lettings & sales business
Newton and Fallowell, based in Grantham, have acquired the sales and letting devision of Escritt Barrell and Golding – Founder and MD of Newton Fallowell, Mark Newton, was quoted as saying: “I am very happy to confirm that Newton Fallowell has acquired the sales and lettings portfolio of EBG.” Full story on the Grantham Journal…
Read MoreGerman Media Group further investment in to Purplebricks
Recent news story states that Axel Springer, the German media group, have furthered their investment stake in to the online estate agency concept of Purplebricks. The double equity stake was recently made with thoughts now that this move could see a new bid coming in for the PLC that has divided many within the UK…
Read MoreiOpt, #PropTech firm from Glasgow, secure 6 figure seed investment
Dane Ralston, founder and managing director of iOpt, will have cause to celebrate as his company received a six figure seed investment sum. The Glasgow based techonology #Proptech start up firm secured a total of £600,000 enabling it to scale up their business including creation of six new roles within the company over the next…
Read More£6.2 million project for 35 new affordable homes put on hold
A multi-million pound project that will see the town of Peterborough having an additional 35 affordable homes has been put on hold following a challenge – Peterborough City Council said the project was to help to get people off their housing list. The planning was for the homes to be built on Crowland Road in…
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