Breaking News
Reports that Ministry of Defence to sell 131 sites
I’m sure you will be forgiven if you automatically assume that Ministry of Defence sites simply are army barracks, air fields, army training ranges and very similar. I honestly thought this was the main style of property in their portfolio, but this recent decision to sell of sites includes impressive and listed manors, stately homes…
EAN Breaking News
A Force in Property widens it’s reach – Connells eats ups Countrywide
Take overs happen frequently across the business world from those simply prime for buy outs having impressed seniors above them to those finding themselves sinking and optimum for cash offers… The property industry is very much alive and kicking in this area with many such take overs and mergers in recent years. One big example…
EAN Breaking News
Governments confirms Estate Agency industry stays open in Tier 4
Recent updates from government puts more of the UK in to tier 4 and there is much fear of a tier 5 looming. It is still business as usual for the estate agency sector though as the official government website and guidelines set out: https://www.gov.uk/guidance/working-safely-during-coronavirus-covid-19/homes The news covers the work of estate agents who can…
EAN Breaking News
Country House figures excel in 2020: Knight Frank reports:
“Prime Country House Index 253.2 / quarterly change 1.7% / annual change 4%” The Country House market finished the year as it began after the market reopened in May, with high-value properties proving to be the strongest performer during the fourth quarter. In a year dominated by the escape to the country trend, properties valued…
EAN Breaking News
Mayor candidate promises Modular Housing for London 2021
Housing across London is a heated debate especially towards providing enough new homes to meet demands as well as those which are affordable. Without doubt and with facts against him, the current mayor of London has simply failed re housing during five years despite false promises and alarmingly, massive capital thrown at him in order…
Christopher Walkey
Michael Jackon’s Neverland Ranch sells for $22 Million
With millions of fans worldwide and a good few doubters also, but without question memorable music that is played over and over again – Michael Jackon’s Neverland Ranch, once priced at $100 million recently sold for $22 million. A friend of and previous business associate is the person who has purchased this famous property and…
EAN Breaking News
Planning granted for major modular homes scheme in Bristol
Planning consent has been granted for Legal & General Modular Homes to deliver 185 homes in Lockleaze, Bristol. The scheme, which has been developed in conjunction with Bristol City Council, will see two-, three- and four- bedroom houses along with one- and two-bedroom apartments developed on land at Bonnington Walk. 50% of the homes will…
EAN Breaking News
BREAKING NEWS – 5 top stories 22/12/2020
WELSH HOUSING DRAGON ROARS Investment buyers, second homeowners and BTL buyers have been marginalised in many ways by creeping taxation and other factors, but in Wales with lightening speed a new raft of taxation on non-primary property purchase comes into force, two days before Christmas. With an additional 1% layer of SDLT tax being applied…
Andrew Stanton
BREAKING NEWS – 5 top stories 21/12/2020
MENTAL WELL BEING Following the cancelled Christmas, which has understandably shaken agents and their loved ones, a new report has focused on the need for real estate companies to ‘keep connected’ to their employees, especially as WFH has become for many a default proposition. COMMERCIAL REAL ESTATE – TRENDS Depending on where you sit and…
Andrew Stanton
BREAKING NEWS – 5 top stories 18/12/2020
SEASONAL UPTICK ON PROPERTY PORTALS – REALLY? Every year property portals, and this year it is ZPG championing the fact that there is an annual spike of activity around Christmas and the New Year on all platforms. Whilst this is true, there is a massive disconnect between Aunt Lizzy tuning into her favourite property website…
Andrew Stanton
BREAKING NEWS – 5 top stories 17/12/2020
STAMP DUTY EXTENSION – 77,000 MORE SIGNATURES REQUIRED At present over 23,000 have signed a petition calling for the SDLT holiday to be extended, it needs another 77,000 signatories before parliament will debate it. Seven days ago the government stance was and still is … ‘The SDLT holiday was designed to be a temporary relief…
Andrew Stanton
BREAKING NEWS – 5 top stories 16/12/2020
95% MORTGAGES LOANS ARE GOING, GOING WELL ALMOST GONE In what is perceived to be shades of the 2008 stranglehold on high loan to value lending there are now is in December less than a dozen mortgages which only require a 5% deposit. Eleven-months ago the figure was topping out at 400 mortgages to choose…
Andrew Stanton
BREAKING NEWS – 5 top stories TUESDAY 15/12/2020
CLOCK IS TICKING FOR NON-DOMS BUYING From the 1st of April there is another deadline looming, the imposition of the new 2% extra SDLT being imposed on property bought in the UK by those living outside the UK. The headline figures, well if are non-domicile and you are buying at 500K, and complete in April, you…
Andrew Stanton
BREAKING NEWS – 5 top stories
LSL IN THE MONEY? David Stewart GPE of LSL reports that LSL’s recent performance is in many ways a ‘curates egg’. Revenue levels dropped by nearly 20% in the last period, not surprising as they have been closing a number of branches. But a following wind, or Rishi’s SDLT holiday windfall has helped potential unexchanged…
Andrew Stanton
2021 forecast: 4% price growth as housing priorities outweigh uncertainties
Rightmove forecasts robust 4% national average price growth in 2021 as housing priorities stay high on people’s life agendas, though price rises for newly marketed properties will be at a slower pace than this year 2020’s unanticipated market momentum sees prices finish 6.6% up on 2019 despite a fall of 0.6% this month Busy Q1…
Rightmove