Breaking News

Breaking Property News 11/10/24

 

Daily bite-sized proptech and property news in partnership with Proptech-X.   Norther Ireland sees an increase in sales prices & rental prices The leading property portal, PropertyPal, has released their quarterly report highlighting insights and trends that have shaped the Northern Ireland Housing Market in Q3 2024. It includes a comprehensive overview of property sales, rentals,…

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Andrew Stanton

Taylor Swift’s celebrity home has gone viral on The Sims 4

 

A new study has revealed that Taylor Swift’s celebrity home has been recreated the most in The Sims 4, appearing 1,293 times on the game’s online gallery Other high-ranking celebrity homes included those belonging to Harry Styles, Tom Cruise, and the Kardashian family The study obtained data from The Sims 4 online gallery to see…

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Love or Hate Rightmove

First-time buyer mortgage payments still over £350 more than five years ago

 

Ahead of the Autumn Budget, the latest data from Rightmove’s weekly mortgage tracker highlights that the average first-time buyer monthly mortgage payment is over £350 more than five years ago: The average monthly mortgage payment for a typical first-time buyer is now £931, compared with £578 in 2019 – however, payments are still over £150…

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Rightmove

Meeting Room Chairs That Inspire Collaboration: A Guide to Design, Comfort, and Function

 

In present day dynamic painting surroundings, the layout and capability of assembly areas play an important role in fostering collaboration and creativity. Meeting room chairs, frequently not noted, are necessary to this process. They not simplest offer consolation however also influence the way teams interact, speak, and collaborate. This guide explores the key considerations in…

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EAN Content

Save a house deposit faster than ever in THESE areas!

 

Aberdeen City in Scotland is named the best place to live if you want to save for a house deposit fast, saving in as little as a year and a half Inverclyde is second, whilst Burnley is third Average salaries and house prices in each area as well as deposit amounts were taken into consideration…

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EAN Content

MPs Urged to Strike the Right Balance on Renters’ Rights Bill

 

Speaking prior to the second reading of the Renters’ Rights Bill, which will be debated by MPs later today, Chris Norris, Policy & Campaigns Director for the National Residential Landlords Association, said: “The changes MPs will debate are the biggest shake up of the rental market for over 30 years. The proposed reforms need to…

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EAN Breaking News

MPs Look to Amend Renters Reform Bill, Raising Concerns for Renters and Property Investors

 

Backbench Tory MPs are reportedly considering changes to the Renters Reform Bill, sparking debate over the potential impact on landlords and renters. The proposed amendments aim to address concerns that stricter regulations could lead landlords to exit the market, further tightening the already limited rental supply in the UK. One of the key commitments of…

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EAN Content

Government Needs to Prevent Rent Debts, Not Let Them Grow

 

Ministers need to do more to prevent tenants building rent arrears, not allow them to get bigger as currently planned. The call comes as the Government’s Renters’ Rights Bill proposes increasing the amount of arrears a tenant can build from two to three months of rent before landlords can serve notice to repossess a property….

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EAN Breaking News

Halifax House Price Index September 2024

 

House prices in September 2024 were 4.7% higher than the same month a year earlier. House prices rise for third straight month  House prices increased by +0.3% in September, matching rise seen in August  Year-on-year prices are up +4.7%, still the strongest rate since November 2022  Higher annual growth continues to reflect…

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EAN Breaking News

Breaking Property News 08/10/24

 

Daily bite-sized proptech and property news in partnership with Proptech-X.   Agency membership body reveals the top three pillars to success The Guild of Property Professionals has announced the results of a recent customer survey conducted with their network of independent agents. The survey was designed to uncover which tools and services Members found the…

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Andrew Stanton

Global Housebuilders’ Survey 2024: UK One of the Worst Hit by Labour Shortages and Rising Costs

 

PlanRadar’s study finds widespread labour shortages and rising material costs are hitting developers hard A new study by PlanRadar, a leading platform for digital documentation, communication and reporting in construction, facility management and real estate projects, reveals that housebuilders are under significant pressure, with 78% grappling with rising building costs. The report demonstrates that labour…

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EAN Content

Government Needs To Prevent Rent Debts, Not Let Them Grow

 

MINISTERS need to do more to prevent tenants building rent arrears, not allow them to get bigger as currently planned. The call comes as the Government’s Renters’ Rights Bill proposes increasing the amount of arrears a tenant can build from two to three months of rent before landlords can serve notice to repossess a property….

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EAN Content

Breaking Property News 07/10/24

 

Daily bite-sized proptech and property news in partnership with Proptech-X.     Kristjan Byfields’ proptech ‘The Depositary’ gets top level accolade from numerous industry bodies The Depositary has just announced that they are thrilled to have been ranked 5th in BusinessCloud’s highly anticipated PropTech 50 for 2024. This annual ranking highlights the most innovative startups, scaleups, and…

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Andrew Stanton

Love or Hate Rightmove

Rightmove’s weekly mortgage tracker 04/10/24

 

The average 5-year fixed mortgage rate is now 4.57%, down from 5.43% a year ago The average 2-year fixed mortgage rate is now 4.90%, down from 5.92% a year ago The average 85% LTV 5-year fixed mortgage rate is now 4.59%, down from 5.51% a year ago The average 60% LTV 5-year fixed mortgage rate is now 3.89%, down from 5.01% a year ago The average monthly mortgage payment on a…

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Rightmove

Zoopla finds 40% of full-time workers priced out of homeownership across Great Britain

 

New research from Zoopla finds over half (58%) of working households in southern England cannot afford to purchase an average priced two or three-bed home Almost three quarters (74%) of full time workers are unable to buy in London Homeownership is accessible to most workers across the rest of Britain, although there are hotspots emerging…

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