Breaking News
Comment from Iain McKenzie on Halifax HPI:
High levels of property transactions continue to have a positive impact on house prices with the Halifax House Price Index reporting that house prices were +7.5% higher this year than they were in the same month in 2019. The average house price in the UK is now £250,457, breaking through the quarter of a million…
EAN Breaking News
Knight Frank: “buyers seek outdoor space and greenery”
Knight Frank’s latest prime London sales and prime London lettings data: Key highlights: Sales: · Property prices in prime outer London rise as more buyers seek outdoor space and greenery – Prices rose 0.9% in prime outer London in the three months to October, which was the highest such rise in five years. The…
EAN Breaking News
Demand for cheaper housing in USA weakens
The American Real Estate market has had a fairly good time this year and has held strong even against the out break of covid-19. What we must always take note of though, of the housing market in the USA, is it usually shows what will soon to happen in the UK. The election in the…
EAN Breaking News
Fine & Country Market Report – Transaction levels recover
Before the lockdown announcement was made, the number of transactions completed was returning to pre-Covid levels. This is according to Nicky Stevenson, MD of Fine & Country UK, who says that during September this year, HMRC has estimated that 98,010 transactions completed. She adds that newly agreed sales since July have been between 42%…
EAN Breaking News
Boris Johnson hits the ‘Lock-Down’ button again
In a repeat of his actions back earlier in the year when he said we need to flatten the curve, Boris Johnson the UK Prime Minster is locking the country down again based on guesstimates and predictions of a slideshow of graphs. So again it means a pause to the UK property industry and will…
Christopher Walkey
Edinburgh sees biggest five year rise in number of million pound streets
The number of million pound streets in the Scottish capital has jumped from just two in 2015 to 22 this year, the biggest five-year increase of anywhere in Great Britain In London, Hackney has seen the biggest rise in million pound streets, whilst at a county level, Warwickshire has seen the biggest five-year growth Outside…
Rightmove
New virtual estate agent comparison platform looking to keep the industry moving forward during local lockdowns.
VenGent, is a new platform that allows vendors and landlords to upload images and details of their property and receive multiple valuations, bespoke fees and some extra Information from estate agents so they can compare who is the right agent for them. We compile all the agents quotes and data into one document giving the…
EAN Content
ResponsEye to serve Housing Associations live video streaming
#Proptech concept ResponsEye has successfully gained growth with contracts of UK housing associations Rochdale Boroughwide Housing and MHS homes that will see both using it’s live stream service between costumer service and tenant. The beauty of the service is that primarily it allows an easy to use live streaming function for the tenant to use…
EAN Content
August 2020 UK HPI from HM Land Registry
UK House Price Index August 2020 This is the fifth publication of the UK House Price Index since May 2020 following the decision to suspend the index as a result of the effect the COVID-19 pandemic had on the reporting of the data. Since August, we have been publishing the reports that were meant to…
HM Land Registery
5 Reasons Why Virtual Video Surveys Will Benefit Real Estate Businesses
The Covid-19 pandemic has had a significant effect on the way that we all live our lives. These impacts have substantially changed the ways in which businesses in the real estate industry have to operate. National and regional lockdowns and new social distancing measures forced businesses to adapt to an ever-changing working environment. Historically, real…
EAN Content
End of commuting line now hot property as demand by zone reverses
Analysis of commuter lines in London reveals Zone 6 is seeing the biggest increase in the number of buyers, and Zone 1 the smallest, a reversal of the trend we saw a year ago: Zone 6 has moved from having 9% more buyers in September 2019 compared with the previous year, to now being up…
Rightmove
Love or Hate choices – Rightmove or Boomin
Many grudges surround PurpleBricks and their founders, Michael Bruce and Kenny Bruce, and this could be heightened has we see a new Bruce venture in to the market of property portals with Boomin. So, my question is, do you hate Rightmove enough to choose Boomin or do you hate PurpleBricks enough to stick with Rightmove?…
Christopher Walkey
Rightmove House Price Index: New records set and forecasts rise in extraordinary times
New national record for average price of property coming to market, with a 1.1% (+£3,534) monthly rise Prices now 5.5% (+£16,818) higher than a year ago, the biggest rate of increase for over four years, with Rightmove now forecasting annual growth rate to peak at circa 7% by December Activity levels also hit three new…
Rightmove
New Online Agent looks to remove risk for Landlords
Any letting agent that has the interests of it’s landlords at heart will certainly do well and especially in the current climate where managing a property portfolio might not be the easiest profession under the sun. A new online estate and lettings agency will focus exactly on this, Stockport-based company Three Sixty Living, and also…
EAN Breaking News
Record rents outside London & demand shift creates challenge for smaller flats
Asking rents have hit a record outside London to £964 per month, driven by record demand from renters London is only region where rents are falling, down 6.8% in Inner London, while Outer London is up by 0.8% Two bedroom houses have replaced studio flats as the most in demand property type, as post-lockdown renters…
Rightmove