Posts by Properganda PR
Government helps fuel toxic leasehold housing scandal with 25% of Help to Buy properties sold as leasehold
The latest research from for sale by owner platform, www.OkayLah.co.uk, has looked at the proportion of properties sold as leasehold in England through the Government’s Help to Buy scheme, and how these buyers could be left at the mercy of the freeholders, their hidden charges and drastic escalations in ground rent. OkayLah.co.uk analysed Help to…
Read MoreRate of house price growth slips to six year low – industry comments:
Founder and CEO of GetAgent.co.uk, Colby Short, commented: “The latest statistics provide yet more evidence that the UK market has failed to get out of the blocks so far this year, with the economic drag of political uncertainty continuing to influence sentiment amongst both buyers and sellers. However, we aren’t seeing any drastic collapse in…
Read MoreThe 10-year shift of the north-south property divide
The latest research by leading automated property management specialists, Howsy.com, has looked at the changing face of the UK property market and how the north-south property divide has shifted over the last decade as property prices have increased. Howsy looked at the average house price across each county and chartered the physical north-south property divide…
Read MoreIndustry comments on banning of Section 21
Co-founder of ideal flatmate, Tom Gatzen, commented: “Today’s news will bring a greater degree of security and stability to thousands of tenants across the nation and will ensure that any termination of a rental agreement is done fairly and with enough forewarning to enable alternative arrangements to be made. As a nation, we rely so heavily…
Read MoreJulian Assange saved £150k in rent while at the Ecuadorian embassy
Rental costs in the capital continue to account for one of the largest living expenses Londoners face and previous research from ideal flatmate found that the cost of basic living requirements exceeds the salary on offer in 38% of London boroughs. Nowhere across London is more unaffordable than Kensington and Chelsea and Knightsbridge in particular…
Read MoreInterest rate increase to 1.5% could wipe £28k off the average house price
The latest research by the property finance specialists, One77 Mortgages, has looked at what a notable hike in interest rates could do to the UK property market. When looking at the correlation between changing interest rates and the average house price it’s clear that the two move in tandem and when rates go up, prices…
Read MoreUK’s Most In-Demand Property Hotspots Revealed (Q1, 2019)
The latest research by national fast sale estate agency, Springbok Properties, has looked at where across the UK is bucking the wider market trends of Brexit uncertainty to register the highest levels of buyer demand in Q1 of this year. Using data from the major property portals, Springbok looked at where has seen the largest…
Read MoreLatest Brexit delay = Annual rate of house price growth drop below 1%
Founder and CEO of Yomdel, Andy Soloman, commented: “A Halloween Brexit is probably quite appropriate as any deal that does materialise will be a Frankenstein’s monster, pieced together from various deals along the way. In the meantime and given the damage already sustained by the UK market as a result of political uncertainty, this latest…
Read MoreLeave property prices ahead of remain as PM agrees on new extension
The prime minister has agreed yet another extension to the Brexit deadline meaning the UK market will remain in Brexit limbo until the end of October. While a topic of much controversy, research by for sale by owner platform, www.OkayLah.co.uk, has highlighted one silver lining of the delays for leave voters in England and Wales.…
Read MoreLondoners paying property premiums of £245 per square metre to live near green space
With the lighter evenings and summer on the way, independent London estate agent, Benham and Reeves, has looked at the cost of property when considering green space across the capital and which borough offers the best bang for your buck where both property prices and plenty of green space are concerned. On average across London’s…
Read MoreTop of the class – top social classes push rents up by 65%
The latest data by, the UK’s only combined lettings inventory and property compliance specialists, VeriSmart, has looked at what impact top tier social classes have on local rental prices. VeriSmart grouped thousands of postcodes by the percentage of the population classed within the NRS social grading of AB. A being upper middle class holding higher…
Read MoreTraditional estate agency sector ups its game – complaints numbers & fee growth fall year on year
Research by estate agent comparison website, GetAgent.co.uk, has found that traditional estate agents have upped their game amidst tougher market conditions and growing competition, with the number of complaint cases being formally upheld by the TPOS declining year on year as well as the growth in the average fee to sell a property also declining.…
Read MoreHouse prices drop 1.6% in April according to Halifax – Comments from industry:
Managing Director of One77 Mortgages, Alastair McKee, commented: “Yet more erratic monthly price movement is to be expected given the unpredictability of the wider political landscape and the extreme spike in prices seen the previous month. Much like our current position with the EU, the UK market isn’t quite sure whether it’s coming or going…
Read MoreWasted space – how much rent are you wasting on unnecessary furniture per square metre?
Latest research by leading room share platform, ideal flatmate, has highlighted the cost of everyday household furniture when considering the space they occupy on a monthly rent per square metre basis. ideal flatmate looked at the cost of the average one-bedroom property and what this equates to per square metre, before attributing a monthly rental…
Read MoreEnd of the line: 10 commuter options that save £91 rent per minute…
The latest research by automated property management specialists, Howsy.com, has looked at how much London’s tenants could save by buying at the other end of a direct rail line into London. Howsy looked at 10 locations just outside of the M25 with direct links into major London transport hubs of 41 minutes or less, comparing…
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