Posts by EAN Content
Industry Interview: Catherine Lamond, MD of Nethouseprices
How can Estate Agents benefit from using Nethouseprices? We started in 2004 as one of the first websites that had the Land Registry sold price data. Our site is visited by home movers and landlords wanting to see what is happening to the housing market, their home value and property investments before they make a…
Read MoreTelford Homes announced interim results this week
Telford Homes Plc, the residential property developer focused on non-prime London, announced this weekÿ its interim results for the six months ended 30 September 2016. Jon Di-Stefano, Chief Executive of Telford Homes, commented:ÿ “Telford Homes is in a very strong position with over 700 million of forward sales secured and a substantial development pipeline.ÿ The…
Read MoreHouse price growth eases slightly in November
Nationwide today released their House Price Index (HPI) for November headlined ‘Annual price growth slowed further in November.’ Annual house price growth slowed slightly to 4.4%, from 4.6% in October. House prices increased by 0.1% month on month in November. Commenting on the figures, Robert Gardner, Nationwide’s Chief Economist, said: _UK house prices increased by…
Read MoreRents projected to rise significantly says ARLA
ARLA in their press release yesterday warned that rents are projected to rise significantly with the introduction of Letting Agent fees and Tax changes that will come into effect soon, they state in their October Private Rental Sector (PRS) report that supply of rental properties and demand from tenants dropped in October. David Cox, Managing…
Read MoreFree podcast to understand landlord obligations as _Right to Rent_ becomes criminal offence
From today, 1st December 2016, under The Immigration Act 2016, there is a new maximum criminal sentence of 5 years_ imprisonment for landlords or agents who fail to carry out _Right to Rent_ checks or remove illegal migrants from their property. With concerns that more than half of landlords don_t understand their obligations, Hamilton Fraser…
Read MoreIndustry Interview: Jack Barnett Director, Rent North East
Do you feel that more should be done to regulate the lettings industry and help improve the reputation of it? Many suffer from a few rogue traders it would seem. Absolutely. Landlords and tenants don’t feel that they have a clear idea of what they should be entitled to. Regulating the industryÿcould serve to bring…
Read MoreAnother very successful year for ZPG
Zoopla Property Group Plc today announces its full year results for the twelve months ended 30 September 2016. The announcement headlined ‘ZPG DELIVERS RECORD REVENUES AND PROFITS’ Commenting on today’s announcement Alex Chesterman, Founder & CEO of ZPG said: “The Group has had another very successful year and we are stronger and more diversified than…
Read MoreIncrease in number of housing starts
Housing starts on site and housing completions delivered by the Homes and Communities Agency in England, part of Housing Statistics published yesterday. In the period 1 April to 30 September 2016 (the first half of 2016-17): A total of 14,007 homes started on site, representing an increase of 2,657 or 23 per cent compared to…
Read MoreBuy-to-let insurance claims soar in wake of Storm Angus
Buy-to-let specialist insurer Simple Landlords has reported a surge in calls from landlords whose investment properties were damaged by Storm Angus. Angus, the first named storm of the season, hit the UK last Sunday with winds up to 97mph recorded across southern England. Simple Landlords received 40% more claims on the Monday and Tuesday following…
Read MoreIncreased funding for Rough sleeping fund
Crisis is the national charity for homeless people. They are dedicated to ending homelessness by delivering life-changing services and campaigning for change. As part of the Autumn statement the Chancellor announced a further 10 million funding over two years to the Rough Sleeping Fund. Jon Sparkes, Chief Executive of Crisis, said: _We welcome the Government_s…
Read MoreMortgage approvals ticked up a little in October
The BBA last week published a news report in the BBA Voice sectionÿ headlined ‘Confident consumers key to post-referendum economic performance High Street Banking Statistics, October 2016’ In a section of the news report it interestingly states:ÿ Mortgage approvals ticked up a little in October.ÿ There has, however, only been a relatively modest increase in…
Read MoreHighest level of sales on record to first-time buyers says NAEA
Press release today from the National Association of Estate Agents (NAEA) headlines ‘Sales to first time buyers at highest level on record’.ÿ Mark Hayward, Managing Director, National Association of Estate Agents (NAEA) comments on the findings: _This month_s report paints a positive picture for the UK housing market. Our findings over the last few months…
Read MoreParagon Group report strong results in a transitional year
The Paragon Group of Companies PLC the specialist lender and banking group last week announced its full year results for the year ended 30 September 2016. Commenting on the results, Nigel Terrington, Chief Executive of Paragon, said: “I am pleased to report a strong set of results in which we significantly increased revenue, strengthened net…
Read MoreTop agents, based on genuine customer reviews, recognised with awards
The 2016 awards recognising the UK_s top estate agents for customer service have just been announced by raterAgent, the trustworthy, transparent estate and letting agent review site. Since its launch in April 2015, some 10,851 agents dissatisfied with existing review sites have signed up to the raterAgent scheme, which sets itself apart on the genuine…
Read MoreHometrack report house price to earnings ratio breaks 14x.
Hometrack today released UK Cities House Price Index October 2016 headlined ‘London breaks 14x house price to earnings ratio’ In the report they state: City level house price growth holding steady at 8.4%. An 86% uplift in house prices since 2009 has pushed the price to earnings ratio in London over 14x, more than double…
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