Breaking News
Takeaways hurt house prices
The latest research by estate agent comparison site GetAgent, has found that areas with a lower density of takeaways are home to house prices as much as 75% higher than areas with a larger number. With many of us turning to takeaways during the lockdown as the next best thing to eating out, a high…
Properganda PR
National Federation of Builders (NFB) Plays a Key Role in COVID-19 Communication
NFB is playing a key and active role in providing valuable information to its members. With information it can be difficult for businesses to find industry specific and appropriate advice that meets their business needs. Richard Beresford, Chief Executive of the federation, comments ‘The NFB has played a critical advice line to its members by…
National Federation of Builders
Construction Minister tells NFB that infrastructure will be crucial to economic recovery
Addressing members attending the National Federation of Builders Large Contractors Forum, the Construction Minister Nadhim Zahawi said that he was looking to bring forward infrastructure projects to support the construction sector’s economic recovery, after the COVID-19 crisis. After speaking of the Government’s recent announcement to proceed with HS2, the Minister said: “I’m talking to other…
National Federation of Builders
Buyer demand climbed in Q1 ahead of pandemic market freeze
The latest buyer demand index from GetAgent.co.uk has revealed that buyer demand climbed in Q1 of this year, up 2% when compared to the previous year and on the previous quarter alone, while in London demand lifted by 7% annually and 3% quarter to quarter. Both nationally and in London, Q1 of this year saw…
Properganda PR
Rental searches for homes with gardens hit record high for the year
Searches by renters looking for a garden are the highest they’ve been this year on Rightmove, and are now almost double the level compared to the first week of lockdown: Total rental searches dropped 35% as lockdown began and physical viewings were put on hold Since then rental searches have been recovering and are now…
Rightmove
February 2020 UK HPI from HM Land Registry
The UK House Price Index will continue to be released on a monthly basis and we will review the ongoing impact of the COVID-19 pandemic on the amount of transactions available. The index will continue to reflect the property market, although we are anticipating lower volumes in transactions starting from next month’s release following the…
HM Land Registery
The worst-hit areas of the property market freeze so far
Last week GetAgent.co.uk released its interactive real-time dashboard of how the market is performing under the pressure of a pandemic and the lockdown, both nationally and at postcode level. The estate agent comparison site has now released data looking into which areas of the UK have been hit the worst, based on the reduction of property…
Properganda PR
Rightmove House Price Index – Estate agents go virtual and homeowners research during market pause
Not enough properties coming to market to provide meaningful new seller asking prices this month Abrupt turnaround from best start to a year since 2016 to new sales now being almost impossible. Pre-lockdown sales agreed in the year to 23rd March were 11% up on the same period last year Existing sellers stay on the…
Rightmove
An immediate stamp duty holiday is needed
The National Federation of Builders (NFB) joins the Royal Institute of Chartered Surveyors (RICS) in calling for a temporary stamp duty holiday. Richard Beresford, chief executive of the NFB, said: “A temporary stamp duty holiday would encourage new build sales and release some much needed cashflow back to our struggling housebuilders. It would also ensure…
National Federation of Builders
The best areas to live in the UK for successful self-isolation
The latest research by Hamilton Fraser’s deposit replacement scheme, Ome, has investigated the most affordable locations across the UK with the lowest population to maximise the chances of successful self-isolation during the current COVID-19 pandemic, whilst also avoiding those still yet to master the art of sitting on the sofa. Ome looked at the estimated…
Properganda PR
Real-Time COVID-19 Market Movement Dashboard: How is the pandemic impacting sellers and agents?
Estate agent comparison site, GetAgent.co.uk, has released its live, interactive dashboard detailing how the Coronavirus pandemic is impacting UK property market activity, as well as the results of its market sentiment survey of home sellers and estate agents, and their feelings towards current market conditions. While uncertainty around the current pandemic and its impact on…
Properganda PR
HMRC confirms job retention scheme due to make payments this month
The Chief Executive of Her Majesty’s Revenue and Customs (HMRC), Jim Harra, has today announced that the Coronavirus Job Retention Scheme (CJRS) for furloughed workers is due to open on 20th April 2020 but the National Federation of Builders is warning against further delay. The CJRS was announced on 20th March 2020 and is due…
National Federation of Builders
NFB asks CITB to cancel 2020 levy
The National Federation of Builders (NFB) has today written to the chief executive of the CITB, Sarah Beale, asking that CITB consider cancelling the 2020 levy, to help aid cash-flow in the construction industry. Commenting in the letter, Richard Beresford, chief executive of the National Federation of Builders (NFB) said: “It is highly likely that…
National Federation of Builders
Estate Agency Union group agree new package with Zoopla
Taken from Estate Agency Union Facebook Group – https://www.facebook.com/groups/594500781279496/permalink/605278433535064/ I can now reveal the terms discussed with Zoopla Thanks go to Alan Goldin, Phillip Wise and Richard Dangoor for all their help and input This is what was agreed yesterday It was in line with part of their initial offer but we have tweaked it…
EAN Breaking News
NFB warns Government of cash-flow crisis amid continuing construction
The National Federation of Builders (NFB) is warning the Government of an impending cash-flow crisis in the construction industry as its members continue to wait to hear when the Government’s Coronavirus Job Retention Scheme (CJRS) will open and be available to make payments. The Treasury had previously pledged that the portal, set up to support…
National Federation of Builders