Breaking News
Today’s Halifax House Price Index – Immediate Comments
Marc von Grundherr, Managing Director of Benham and Reeves, a London estate agency with 17 offices: “Are we seeing a further indictment of Brexit paralysis? Or is this a seasonal blip given that the summer months simply tend to see lower demand? I favour the latter especially given that the numbers that we really should…
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Reverse charge VAT: hold off until 2020
The National Federation of Builders (NFB) has written to Sajid Javid MP, the chancellor of the Exchequer, asking for the 1 October 2019 introduction of domestic reverse charge VAT to be delayed until April 2020. Reverse charge VAT means that the customer receiving the service will have to pay the VAT to HMRC instead of…
National Federation of Builders
The Government must re-think its approach on immigration after Brexit
The mayor of London, Sadiq Khan has warned the Government that its plans to reduce immigration after Brexit will have “devastating consequences” for London and urges it to re-consider its plans to impose a £30,000 salary threshold on EU citizens coming into the UK after Brexit. Speaking to the London Chamber of Commerce and Industry,…
National Federation of Builders
Are FTSE100 companies proving cheap when it comes to charity?
Research by ‘win a house’ competition, WinMyDreamHome.com (WMDH), has revealed the extent of the charitable donations made by a number of companies listed on the FTSE 100 Index and how much they are actually donating as a proportion of their income. With a string of bad press following a number of poorly run house competitions in…
Properganda PR
Latest data shows home sellers are achieving 96% of asking price – here’s the postcodes outperforming the national average
Research by estate agent comparison website GetAgent.co.uk has revealed the areas in England and Wales where home sellers are achieving the best and worst prices in comparison to the initial asking prices listed for properties for far in 2019. The website’s research shows that across England and Wales, home sellers are currently securing an average…
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Hometrack Cities Index shows annual price growth up 1.7%
Director of Benham and Reeves, Marc von Grundherr, commented: “City living remains extremely desireable and therefore conditions in these property hotspots are far more stable than other areas of the market and continue to see prices climb as a result. The cities to have benefited from larger levels of buyer demand in the past are,…
Properganda PR
The rise of the silver room sharer – over 50 housemate numbers up 74%!
The latest data from leading room share platform, ideal flatmate, has looked at the changing face of the house share landscape and how more and more people above the age of 50 are turning to a house share as a viable way of living either as a live-in landlord or as a roommate. Data from…
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Nottingham City Council set to make savings by supplying its own water
Nottingham City Council is set to begin supplying water services to its own buildings from Wednesday 14 August to create savings on the authority’s bills and water consumption. Changes in the water industry allow businesses and organisations to choose how they receive water supply and wastewater services, and the City Council has chosen to become…
EAN Content
Homebuyers spending as much as half of their annual salary on stamp duty tax
With the new prime minister looking to potentially transfer stamp duty to the responsibility of the home seller, research from property finance specialists, One 77 Mortgages, has looked at just how much UK homebuyers are currently paying in addition to the monumental task of saving for a mortgage deposit. One 77 looked at the average…
Properganda PR
June 2019 Price Paid Data from HM Land Registry
The most expensive property sold in June was in Kensington and Chelsea for £25,975,000 The cheapest properties sold in June were in Burnley, Bishop Auckland, Ferryhill and Sunderland for £20,000 25.4% increase in newbuilds compared to June 2018 The most expensive residential sale taking place in June 2019 was of a terrace property in Kensington…
HM Land Registery
The postcodes where home sellers are paying £36.5k to sell – UK estate agent fees revealed
Estate agent comparison website, GetAgent.co.uk, has revealed where home sellers are forking out the most money to sell their home based on the average percentage fee being charged and what this translates to on the average house price in that area. GetAgent’s data shows that estate agents across the UK are currently charging an average…
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ELAA-UK launches new initiative to help Agents
The Estate and Letting Agents Association UK (ELAA-UK) has always assisted it’s members to increase revenues, brand awareness and customer satisfaction as well as advise agents on how to turnaround new instructions as quickly as possible so it was no surprise when they announced that they were going one step further by launching a new initiative…
EAN Content
Monthly mortgage approvals hit second highest level in over two years
Managing Director of One 77 Mortgages, Alastair McKee, commented: “While slightly below forecast, the latest figures show a very healthy level of mortgage approvals and the second-highest monthly total in over two years. This is a very positive sign for the UK property market and suggests that things are finally heading in the right direction…
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Boris must hit the ground running
Boris Johnson has been elected as leader of the Conservative Party and will officially take over as prime minister on 24 July. The former mayor of London has promised to take Britain out of the EU by 31 October 2019 with or without a deal. The National Federation of Builders (NFB) congratulates Boris Johnson on…
National Federation of Builders
ELAA-UK issues new report on various Brexit scenarios and it proves to be interesting reading
No one can deny that Brexit has had an impact on the UK market but how much of an impact has it really had and how much could the different Brexit scenarios affect the UK housing market in the future? The Estate and Letting Agents Association UK has published an in-depth report today categorising…
EAN Content