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Lowest paid professions paying over 10% of salary on rental deposits
Hamilton Fraser’s deposit replacement scheme, Ome, has looked at the current cost of a rental deposit and what this equates to as a percentage of the annual net salary across 20 UK professions, as well as how long it takes each profession to save the required amount. Ome looked at the current average cost of…
Properganda PR
A victory for certainty
Builders look forward to a period of stability The National Federation of Builders (NFB) congratulates the Conservatives on their general election victory and hopes it is a signal for the nation to get moving again after a prolonged period of inertia. The election result has taken the nation closer to ending Brexit uncertainty and restoring…
National Federation of Builders
Rightmove House Price Index – 2020 forecast of 2% price rise as election gives window of certainty
Rightmove predicts 2% rise in price of property coming to market in 2020 as majority government gives home-movers a window of certainty for an active spring moving season Demand for property remains resilient as we move into 2020, though lack of supply is a concern: The monthly decrease (-0.9%) is the smallest at this time…
Rightmove
Industry welcomes election outcome and the release of pent up market apprehension surrounding political landscape
Director of RIFT Research and Development Ltd, Sarah Collins, commented: “The political landscape is now more certain than it’s been since 2015 and the Government’s stance on tax reliefs such as R&D tax credit will, we trust, continue. Over £4bn in such support is provided each year in addition to SEIS/EIS and Entrepreneur’s Tax Relief…
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London property enjoys best market crash recovery
Prices in London have recovered the most from the global financial crisis, research from Benham and Reeves, the London lettings and estate agent, has revealed. Despite the Brexit slowdown, typical prices in the City of London are 89% higher than the pre-crisis peak of August 2007, rising from £474,000 to £898,000 in September 2019. Other…
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Halifax House Price Index: House price growth remains muted as election looms
Director of Benham and Reeves, Marc von Grundherr, commented: “The one thing that will no doubt be on the Christmas wish list of home buyers and sellers across the UK is an end to the market uncertainty that has plagued both house price growth and stock levels for some months now. While the latest numbers…
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Housing delivery up with a 24% increase in affordable homes
The latest data from Homes England shows that between April and September of this year there were: – 16,955 housing starts and 14,792 completions delivered by schemes managed by Homes England (Excluding London). Starts are at their highest for 10 years, however completions have dropped year on year although they remain at their second highest…
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New build homebuyer activity set to spike as busiest time of the year approaches
The latest research by new homes specialist, Stone Real Estate, has revealed that the level of new build properties being sold accelerates as we head into December, while sales across the regular market drop a gear in the run-up to Christmas. Stone Real Estate looked at the number of transactions across each area of the…
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We ask V & A Flooring ‘Which is the best flooring to add value to your home?’
Q: Does a luxury carpet mean you cannot afford it? Are there ways to get the ideal look at a price to suite? Absolutely not, it is our firm belief that luxury doesn’t need to be expensive. Dependant on your point of view on luxury, high quality 100% wool looped carpets start from £22 a…
EAN Content
The nation’s busiest minute for home-hunting: 8.48pm on a Wednesday
New Rightmove data reveals that 8.48pm on a Wednesday is the most popular time for people looking for their next home1 Visits to Rightmove’s platforms peak between 8-9pm each day as many people spend the evening dual-screening Home hunters are set to get ready for a post-Christmas rush, which last year saw traffic on Rightmove2…
Rightmove
NFB dispels confusion over safety and quality certification
The NFB has been receiving an increasing number of calls from construction companies who are unsure whether accreditation of some of the industry safety and quality control organisations – such as CHAS and ConstructionLine – are necessary. Many callers are also under the impression that accreditation with these two organisations is included free with membership…
National Federation of Builders
Renting just became easier as Hamilton Fraser launch deposit alternative scheme
UK lettings and landlord insurance industry giant, Hamilton Fraser, has announced the launch of its own in-house deposit alternative brand, Ome. Having previously highlighted the problems surrounding the increasing trend for such schemes, Hamilton Fraser has decided to tackle these issues head-on itself, providing a transparent product aimed at delivering complete market choice for UK…
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Gov.uk: Affordable housing being driven by new builds but rental figures are still on the slide
The latest Gov stats on Affordable Housing Supply have just been released showing that: – 66 per cent of new affordable homes in 2018-19 were for rent (including social, affordable and intermediate rent), which has been decreasing since 2014-15, when it was 78 per cent. Nearly half (49%) of all affordable homes delivered…
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Open space requirements for new developments in Nottingham set for green light
Nottingham City Council is due to take an important step towards increasing and improving the open spaces linked to new developments today (Tuesday 19 November 2019). The city’s Supplementary Planning Document (SPD) for Open Space in New Residential and Commercial Developments will go to the council’s Executive Board for adoption. The SPD, which went to…
EAN Content
Home seller hibernation hits property market according to latest Rightmove House Price Index
The latest index shows that: – The price of property coming to market falls by 1.3% (-£3,904) this month, and while drops are usual at this time of year it suggests opportunities for buyers to find a winter bargain 14.9% fewer new sellers than in the same period a year ago, deterred by lacklustre price…
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