Posts by Properganda PR
The super-prime London postcodes where properties are still selling for up to £14m on average
Despite COVID uncertainty and an industry-wide lockdown, some prime postcode pockets of the London market have still seen properties selling for as much as £14m, according to the world’s leading high-net-worth mortgage broker, Enness Global. Enness Global analysed house price sales exceeding £3m over the first quarter of this year across London’s more prestigious postcodes,…
Read MoreHopping the Thames can save London tenants hundreds in rent each month
The latest research by international rental marketplace Spotahome has found that London’s tenants can reduce their rental outgoings by as much as -28% simply by crossing the Thames. Spotahome analysed the current cost of renting in the London boroughs that straddle the banks of the Thames. The data shows that on average, the cost of…
Read MoreInitial cost of renting up 24% in parts of the nation despite tenant fee ban
The initial financial hurdle of securing a rental property has increased by as much as 24% in some parts of the national property market, according to rental deposit replacement scheme Ome. Ome looked at the current initial cost of securing a rental home, based on one month’s rent plus a deposit of five weeks’ rent…
Read MoreTenant deposit disputes down so far this year
The number of rental deposit disputes lodged with Hamilton Fraser’s government-authorised deposit scheme, mydeposits, has fallen by -15% across England so far this year. Analysis of the data by Hamilton Fraser’s sister company and deposit replacement provider Ome found that London, the South East and the North East have all seen the largest drop in…
Read MoreForget London, Oxford is the UK’s worst place to rent
The latest data on the cost of renting from the Office for National Statistics was released last week showing that rents in England have increased to their highest level on record. While the average rent in London is double that of the national average, the latest research by lettings and estate agent Barrows and Forrester…
Read MoreHome moves through the roof as Brits get packing post property industry lockdown
Since property lockdown eased on the 13th of May, the number of people moving home has increased by 29% In the first week alone, the uplift was 68% During lockdown, the number of people moving house fell by a quarter in the first four weeks According to the latest data from home setup service Just…
Read MoreWhere is the property market winning 100 days into lockdown?
The latest research from leading estate agent comparison site, GetAgent.co.uk, shows that the number of listings added per week continued to exceed pre-pandemic levels, as does the average views each listing receives while property related searches and home seller leads have also continued to climb. With the 100 day mark since we entered lockdown approaching…
Read MoreCroydon is London’s most affordable commuter rental hotspot
Renting in a London borough with good transport connectivity can cost you 101% more in rent according to the latest research by international rental marketplace Spotahome. The research also shows that tenants pay £87 in rent for every train or tram stop present in each borough of the capital. Spotahome first looked at the number…
Read MoreWimbledon might be cancelled, but it still aces the competition on property prices
While many of us will have been gearing up for two weeks of tennis this weekend, London lettings and estate agent, Benham and Reeves, has looked at house prices around the now cancelled Wimbledon venue and how they compare to the other majors in the tennis calendar. For the most affordable property within reaching distance…
Read MoreShould estate agents do more to help during the moving process? 69% of people think so
69% of the nation feel that estate agents should do more to help them during the stressful process of moving between homes, pitching in with jobs like informing utility providers with a change of address. The main reason being it would help alleviate the stress of moving for 57% of people, according to new research…
Read MoreIs London the best buy-to-let investment?
The latest research by lettings management platform, Howsy, has looked at the facts and fingers of investing in London’s buy-to-let sector. Rental yields are the main gauge of buy-to-let profitability and at 4.8%, outer London is home to the lowest average yield of all regions. Inner London doesn’t fare much better at 5%, the second-lowest average…
Read MoreBuy-to-let yields remain flat year on year – Here are the property pockets bucking the trend
The latest research from peer to peer investment platform, Sourced Capital, has revealed that buy-to-let rental yields have remained largely flat, up just 0.1% year on year. In England, they’ve fallen by -0.1% while regionally London has seen an even greater decline with a drop of -0.2%. However, this hasn’t been the case everywhere. The…
Read MoreLondon has been the most affordable city for renting over the last five years
According to the latest rental market analysis from deposit replacement scheme, Ome, London has been the most affordable city for renting in England and Wales over the last five years when taking into consideration the increasing cost of renting. Ome dissected rental market statistics from the Office for National Statistics (ONS) across 19 major cities…
Read MoreWhich industry is paying the biggest monthly furlough wage bill?
The latest research by leading property recruitment specialist, Rayner Personnel, has looked at which industry is currently relying on the Government furlough scheme the most and what this equates to as a monthly wage cost. Across all UK industries, 30% of the nation’s workforce is on furlough. That’s nearly 11 million people at a cost…
Read MoreThe most and least affordable seaside villages for sun, sea, sand (and fish and chips)
Perhaps the most disappointing event cancellation of the year was the recent celebrations around National Fish and Chip Day which have now been postponed due to the Coronavirus. But if you’re eyeing a move to the seaside either for fish and chips, or to make the most of the weather, estate agent comparison site GetAgent.co.uk…
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