Posts by Properganda PR
The cost of buying new in London and the commuter belt – head to Reading for the best new build affordability
The new home specialists, Stone Real Estate, have looked at the cost of buying a new build home and how this differs across inner and outer London, and out into the London commuter belt. Using data from the Land Registry, Stone Real Estate looked at the average new build house price across each borough in…
Read MoreTransactions and prices drop in London’s prime postcodes
The latest research from leading independent lettings and estate agent, Benham and Reeves, has looked at the current state of the prime London market, the number of transactions and average sold prices by postcode in the first six months of the year, and how this differs from the same period last year. Using data from…
Read MoreRental demand climbs 6% across the UK’s major cities
Innovative lettings management platform, Bunk, has released it’s latest look at the UK rental market and which cities are most in-demand amongst tenants and where has seen the largest uplift since Q2. Bunk’s index looks at rental listings across all of the major property portals, taking an average demand score for the nation’s major cities…
Read MoreQuarterly House Building Stats Out Today from MHCLG – COMMENT from Michael Stone, CEO of new build specialists, Stone Real Estate
The Ministry of Housing Communities and Local Government this morning released its latest data on new house building completions and starts to June 2019 (England). See https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/835887/House_Building_Release_June_2019.pdf The upshot is that they are broadly positive, particularly completions, at 45,190 homes built in the April to June period, UP 4% on the last quarter and UP 11% year…
Read MoreSection 21 to shrink rental sector by 20% with rents to climb 13%
The latest report from Capital Economics, commissioned by the National Landlord Association, suggests that the abolition of Section 21 could lead to: – A 20% decline in rental stock across the private rental sector, with those on housing benefit or Universal Credit worst hit with a 59% reduction in available properties. As well as an…
Read MoreBuyer demand drops in Q3, but Glasgow remains the hottest homebuyer spot in the UK
The latest and third buyer demand index of the year from Springbok Properties shows that UK homebuyer demand is currently at 39.5% having dropped -2.8% since Q2 as Brexit uncertainty continues to cloud the market. Using data from the major property portals, Springbok looked at where has seen the largest levels of buyer demand across…
Read MoreThe best buy-to-let and buy-to-live locations in the UK
The latest research by lettings platform Howsy, has looked at where in the UK is currently the best place to invest in bricks and mortar to put a roof over your own head, and where is the best location to invest in a buy-to-let to combine the best of both worlds in tough market conditions.…
Read MoreSocial housing levels failing those most in need – worst areas revealed
The latest research by innovative lettings platform, Bunk, has found that the private rental sector is picking up the slack for the millions of people reliant on social housing in England, due to an inadequate level being delivered from the social sector. The research shows that the number of households on local authority waiting lists…
Read MoreThree months left to enter London’s most promising house competition
There are just three months left to enter what could be London’s biggest house competition to date. WinMyDreamHome.com is offering a beautifully renovated Victorian home in Bartholomew Road, Kentish Town, NW5 with tickets costing £10 and one additional ticket given free for every ticket purchased by those buying two or more. The property is valued…
Read MoreNationwide House Price Index: Price growth grinds to a halt in September
Founder and CEO of Springbok Properties, Shepherd Ncube, commented: “Anything short of a market collapse could be viewed as positive given the current car crash that is unfolding in Westminster and quite frankly, it’s a miracle that no real lasting damage has been already done. We’ve seen the market survive on tidbits of positive buyer…
Read MoreTech giants cause local rents to skyrocket but B2L investments remain below average
Leading lettings platform, Howsy.com, has looked at how the presence of some of the world’s biggest tech giants is pushing up London rental prices surrounding their main offices in the capital. Howsy looked at the current cost of renting in boroughs home to Google, Microsoft, Amazon and Facebook and how this compares to the London…
Read MoreHometrack Cities Index – City house price growth slows as market adapts
Director of Benham and Reeves, Marc von Grundherr, commented: “London continues to act as a house price growth anchor for the time being and this is largely being driven from the inside out as those who have seen the largest decline in property values continue to hold fire for greener pastures on the other side…
Read MoreEdinburgh beats the south coast as the silver homebuyer retirement hotspot
The latest research by estate agent comparison site, GetAgent.co.uk, has looked at where across the UK is home to the highest demand for retirement properties and where offers the largest number as a proportion of all homes for sale. GetAgent.co.uk looked at the number of retirement homes for sales across major UK cities and which…
Read MoreThe areas where rental growth has hit tenants by as much as 38% in the last 5 years
York, Manchester, and Ipswich have seen the strongest rental growth across the UK in the past five years, research from ideal flatmate shows. ideal flatmate analysed rental prices across the UK and how they have growth over the last five years, highlighting the toughest markets for tenants when it comes to financial survival. By countries…
Read MoreLeasehold scandal pushes freehold house price premiums to an 8 year high
Research by letting and estate agent, Benham and Reeves, has found that the price premium being paid for a freehold property by homebuyers in England and Wales is at its highest since 2011. Using property transaction data, Benham and Reeves found that the price gap between a leasehold and freehold property was 14.3% in 2011,…
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