Posts by EAN Content
Edinburgh short term rentals – is the bubble bursting?
As the days get longer and the snow continues to melt the Edinburgh lettings industry will jump back into action this week with the usual demands and preparations for summer rentals. From student lets to short term holiday lets and of course the Edinburgh festival rentals. The emergence of AIRbnb type rentals have become very…
Read MoreNFB: You cannot diversify the housing market with demand-led initiatives
The National Federation of Builders (NFB) fully supports efforts to build more council homes because they contribute to diversifying the housing market. However, research by the Chartered Institute of Housing (CIH) revealed that 95p in every £1 of Government housing spend ends up financing housing benefit payments, rather than the building of new homes. According…
Read MoreBank of England’s buy to let changes make it harder to get a mortgage say landlords
Six months after the Bank of England’s (BoE) latest attempt to cool the buy to let market, almost two thirds of landlords (63 per cent) who are aware of the changes say it is now harder to get a mortgage. The changes, which come from BoE’s Prudential Regulatory Authority (PRA), were introduced in two stages…
Read MoreCIELA admits failure to gain momentum and support – Closes March 31st
Having sat with Charlie when CIELA was an idea boiling away in his mind, We are sad to share the following: It is with great disappointment that I write to you to inform you that with effect from 31st March, CIELA will permanently cease to exist. CIELA’s plan was to raise industry standards, starting by…
Read MoreBrexit: NFB welcomes agreement on transition period
David Davis, secretary of state for exiting the EU, and Michel Barnier, EU chief negotiator for Brexit, said that the two sides have agreed on a “large part” of the transition agreement that will structure the “orderly withdrawal” of the UK from the EU. The transition period will last from 29 March 2019 – the…
Read MoreCan We Merge Bitcoin and Real Estate and Is it the Future?
Cryptocurrency; the digital currency that underpins the Blockchain and the “new kid on the block” when it comes to investment assets. Like any child pushing at its limitations and restraints, the recent volatility has caused concern amongst some people. But where some see trouble others see an opportunity. A firm of property developers, GoHomes, recently…
Read MoreLambert Smith Hampton (LSH) to sell renowned Development Site at Dantzic Street, Manchester.
LSH has been instructed by the joint administrators to hold an online auction for the site with offers being invited of over £5million. The site is a substantial city centre development opportunity, located in the popular Northern Gateway of Manchester City Centre. The freehold property comprises two prominent and irregular shaped level sites totalling about…
Read MoreRental Market and Airbnb -Sworn Enemies?
Airbnb: the online marketplace and hospitality service that has, undeniably, revolutionised the manner in which consumers seek out hospitality services and short-term lodgings. However, as is the case with all things revolutionary, it’s rocked the boat somewhat, with property experts and commentators from all levels of the industry, witnessing an increasing number of Landlords removing…
Read MoreCompulsory Client Money Protection “is imminent” as key provisions come into force
Today [19 March 2018], key provisions relating to Client Money Protection, as published by the government in February, come into force, allowing the secretary of state to pass regulations. Although the exact details of when and how the system will work are yet to be confirmed, Tim Frome, Associate Director at Hamilton Fraser, administrator for…
Read MoreHome Staging – Can You Afford Not To?
Home Staging: is the act of preparing a private residence for sale in the real estate marketplace. The goal of staging is to make a home appealing to the highest number of potential buyers, thereby selling a property more swiftly and for more money. (Definition from Wikipedia) When I first started, Estate Agents were using…
Read MoreWhy a Private Seller Could Be Your New Best Friend…
It is a well-known fact within the industry that the relationship between private sellers and estate agents has been rather frosty to say the least… For many traditional estate agents, private house sales represented a critical threat to their businesses and undermined the core foundations of the estate agency value proposition. But attitudes towards alternative…
Read MoreProperty Developers Forced to Build and Not Hold Land as an Asset
The Prime Minister has been calling out to developers who profit from building expensive properties and those who profit by not building at all. She is calling on the developers to “do their duty for Britain” and build more affordable homes rather than sitting on their land as an asset. There is a large gap…
Read MoreWhy I am building the Property Rugby Club network
In just 2 weeks, the Property Rugby Club (PRC) has generated a great deal of interest. I have been overwhelmed with new contacts getting in touch wanting to find out more and looking to get involved. These include contacts from Hong Kong, Portugal, Belfast, Dubai, Edinburgh and London. My two passions in life; rugby and…
Read MoreMinistry of Defence appoints Lambert Smith Hampton for two year online auction contract
LSH have secured a sale mandate with Defence Infrastructure Organisation, part of the Ministry of Defence, to facilitate the sale of property and land through their pioneering online auction platform. Robert Stone, Head of Estates at the DIO said “The MOD has committed to reducing its estate by 30 per cent by 2040, the appointment of…
Read MoreTop 5 tools that help real estate agencies
Technology is transforming every industry — project management systems and human resource software are being adopted across sectors to increase efficiency and improve customer service. And real estate is no different — digital innovations are enhancing human skills rather than replacing them. So here are the top five tools that help real estate agencies. 3D…
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