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Rental market grew in 2017 according to Countrywide

Written by Allen Walkey on - Breaking News -

The latest Countrywide plc Monthly Lettings Index – January 2018 released this week reveals that rising rents and more households renting means 2017 was a record year for total rent, last year tenants in Great Britain paid a record £51.6 billion in rent, an increase of £1.8 billion on the previous year and more than […]

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OTM founder member signs long term listings agreement with ZPG

Written by Allen Walkey on - Breaking News -

ZPG Plc  which owns and operates some of the UK’s leading digital property platforms including Zoopla, PrimeLocation, Property Software Group and Hometrack, today announces that one of the OTM founder members, Douglas & Gordon, has signed a new long term listings agreement with ZPG. Douglas & Gordon, which operates 18 offices across London, will now […]

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Private rental prices paid by tenants in Great Britain rose by 1.1% in the 12 months to January 2018 according to ONS

Written by Allen Walkey on - Breaking News -

Latest Statistical Bulletin from the Office for National Statistics released 13th February 2018 – Index of Private Housing Rental Prices, Great Britain – January 2018. An experimental price index tracking the prices paid for renting property from private landlords in Great Britain. Main points included in the release: Private rental prices paid by tenants in […]

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Better standards for Nottingham’s private rents as new licensing scheme gets green light

Written by Estate Agent Networking UK on - Breaking News -

Private tenants in Nottingham will benefit from better quality accommodation and greater protection from rogue landlords after the Government approved a new licensing scheme. The City Council scheme covering over 30,000 privately rented homes in Nottingham is the largest outside London to be given approval by the Secretary of State. A report by the BRE […]

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Average UK house prices have risen by 0.4% since November 2017 according to HM Land Registry data

Written by Allen Walkey on - Breaking News -

Latest UK House Price Index for December 2017 published 13th February 2018 from HM Land Registry. The UK House Price Index (UK HPI) shows house price changes for England, Scotland, Wales and Northern Ireland. The December data shows: On average, house prices have risen by 0.4% since November 2017, an annual price rise of 5.2%, […]

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Weaker figures for mortgage lending in December 2017 according to UK Finance

Written by Allen Walkey on - Breaking News -

Latest news release from UK Finance headlines ‘First-time buyers in 2017 reach decade-high but market cools in December’ UK Finance states: Mortgage lending for first-time buyers, home movers and buy to let purchases all fell in December 2017 compared to the previous year, UK Finance’s latest mortgage trends update reveals. However, 2017 overall saw the […]

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No signs of recovery in London as downward slide continues according to Home.co.uk

Written by Allen Walkey on - Breaking News -

The latest Home.co.uk Asking Price Index report – February 2018 released today headlines ‘Midlands Forges Ahead while London Prices Slide.’ The report shows strong price growth in the Midlands and Yorkshire keeps national average positive despite London falls, there are no signs of a recovery for London as the downward 21 month slide continues. The […]

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Slowdown in London extends to South East and North East

Written by Allen Walkey on - Breaking News -

The latest LSL/Acadata E&W House Price Index – January 2018 – released 12th February headlined ‘HOUSE PRICES EDGE UP IN JANUARY.’ House prices in England and Wales increased by 0.2% in January, the average house price is now £301,477, according to the latest index. The House Price Index report reveals falls were recorded in London […]

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‘Illegal Subletting fine’ for Brent Estate Agency

Written by Estate Agent Networking UK on - Breaking News -

With a false business address of Willesden High Road, Easy Let Agency was reported to have deceived landlords by leasing property with illegal subletting intentions according to Brent Council. The Brent estate agency has now received a large fine for the act of illegal subletting property. Easy Let that operates under Focus Property Management Limited […]

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ZPG reports a record 68 million visits to its platform in January

Written by Allen Walkey on - Breaking News -

ZPG Plc in its latest news release 9th February 2018 reported a record 68 million visits to its platform in January. ZPG states: Consumer traffic to ZPG’s property websites hit a record high of over 58 million visits during January, up 10% year on year with mobile traffic accounting for 60% of visits. And visits […]

 

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