Posts by Properganda PR
Room rents rise 8% in the wake of Tenant Fee Act but seasonal demand decline hits some cities
Leading room share platform, ideal flatmate, has released it’s Room Rental Index for the second quarter of 2019, looking at the cost of renting a room across the UK’s major cities. Ideal flatmate crunched the numbers from more than 29,000 room share listings on its site added between April and June and found that in…
Read MoreHowzat! ICC World Cup venues carry 9% property premium but Oval hits competition for six on relative affordability
With the ICC World Cup coming to a head, leading national fast sale agent, Springbok Properties, has looked at the cost of living around one of the tournament’s host stadiums and how this compares to the wider area for those looking to carry on with the cricket fever after the last ball has been bowled.…
Read MoreHometrack finds London house price decline is spreading to regional markets
The latest market insight from Hometrack has looked at how far the trend of London price declines has spread into regional markets. The data shows that: – House prices in London lead the rest of the market – after high growth between 2010 and 2015, a growing proportion of markets started to register price falls. The…
Read MoreA Boris backed stamp duty reversal could revive prime property prices by £700k
This week, Boris pledged to roll back stamp duty tax changes implemented by George Osborne in 2014. These changes saw the tax thresholds for prime and super-prime properties increase from 5-7% to 10-12%, a move that brought an immediate decline in buyer sentiment and a resulting dip in sold prices across the top end of…
Read MoreFraudulent letting applications skyrocket as agents fail to carry out the appropriate checks
Research by lettings and estate agent, Benham and Reeves, has revealed the increasing level of fraudulent rental applications in the UK rental market, how this has ramped up in the last year and the tricks of the trade being deployed to fool letting agents and landlords. Using data from their referencing agency, LetRef, Benham and…
Read MoreBBC’s & Second People’s Vote campaigner Lineker’s wage could snap up ten houses in Leicester:
With Gary Lineker facing backlash over this BBC salary, leading estate agent comparison site, GetAgent.co.uk, has looked at the UK’s highest paid celebs and what their last pay packet equates to in their local housing markets. According to Forbes, there are 12 UK celebrities that make the list of the world’s highest-paid celebrities and they…
Read MoreHalifax HPI – House price growth hits 5% for the third consecutive month
Director of Benham and Reeves, Marc von Grundherr, commented: “While it may seem as if the UK property market is treading water on a month to month basis, this short-term metric can be erratic at best and the broader picture shows that we are in a considerably better position than this time last year,…
Read MoreColour drains from Purplebricks as latest financials leaves them feeling blue
Director of Benham and Reeves, Marc von Grundherr, commented: “Unfortunately for Purplebricks, today’s figures and the failure of their international escapades will have left them feeling a little blue. That’s if the colour has drained from them completely. A retreat from the US being announced as well as its previous admission that their…
Read More73% of buy-to-let investors still think the sector is the best, least volatile long-term investment
Independent letting and estate agent, Benham and Reeves, has released its latest look at the London buy-to-let market, having surveyed over 5,000 buy-to-let investors on their current feelings around current investment and the future of the sector. The research found that 73% of those asked considered property is still the best, least volatile long-term investment…
Read MoreNationwide House Price Index – Industry Comment
Director of Benham and Reeves, Marc von Grundherr, commented: “While many remain sceptical about the current direction of the UK housing market, with other industry indicators such as Halifax being viewed as a tad over-exuberant, it seems as if the latest figures from Nationwide suggest that while we may be travelling at a different…
Read MoreIt currently takes 162 days to sell a property – here’s where they’re selling the quickest
Data from the leading estate agent comparison site, GetAgent.co.uk, has highlighted where across England and Wales homes are selling the quickest in current market conditions. GetAgent’s data looks at all estate agent property sales across each postcode and not only how long they take to sell as a whole, but how this differs between first…
Read MoreMind the Gap – Five tube stops can reduce your rent by half in just 12 minutes
Leading room share platform, ideal flatmate, has looked at where across the London Underground network is home to some of the biggest rental savings when travelling no more than five stops. ideal flatmate looked at the average cost of renting across the entire tube network and then looked at each line individually to see where…
Read MoreWimbledon aced by the US Open as most expensive Grand Slam rental location
With Wimbledon kicking off next week, letting platform Bunk, has looked at each of the major tennis Grand Slams and which is home to the most affordable rental market for tennis fanatics. Bunk looked at local rental costs in each area with a tennis Grand Slam venue and how this compared to the wider area…
Read MoreFirst-time buyer income to buy hits 54,000 according to Hometrack – industry comment
Director of Benham and Reeves, Marc von Grundherr, commented: “City living has always carried a price premium and so the lack of appropriate income for first-time buyers in the UK’s most expensive cities is no new trend. While this affordability gap may be growing, it is only a contributing fact in the recent…
Read MoreBuy-to-Let investors stand by the sector despite apprehension of the immediate future
Independent letting and estate agent, Benham and Reeves, has released its latest look at the London buy-to-let market, having surveyed over 5,000 buy-to-let investors on their current feelings around current investment and the future of the sector. The research found that 73% of those asked considered property is still the best, least volatile long-term investment…
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