Breaking News
BREAKING NEWS – top 5 stories 01/07/2021
Daily bite-sized proptech and real estate news in partnership with Proptech-X. Today, Stanton looks at Rightmove, Virtual Reality, Freeths, and more. Rightmove analysis shows 1.3 million benefited from SDLT holiday Is Virtual Reality becoming the homebuyer’s best friend? Propertymark ratifies its two new Presidents Freeths annual survey throws light on tech use in Real…
Andrew Stanton
BREAKING NEWS – top 5 stories 30/06/2021
Daily bite-sized proptech and real estate news in partnership with Proptech-X. Today, Stanton looks at Help to Buy, Lets Bid, House of Lords, and more. We have flying cars but it still takes 28 weeks to sell a house Help to Buy scheme has helped over 300,000 buy a property since 2013 House of…
Andrew Stanton
1.3 million buyers benefitted from stamp duty holidays as June deadline looms
Rightmove estimates that 1.3 million buyers benefitted from the stamp duty holidays across Great Britain since they were announced in July last year The national average asking price of a home has increased by almost £16,000 since July last year Research by Rightmove among buyers expecting to benefit from the stamp duty holiday found only…
Rightmove
BREAKING NEWS – top 5 stories 29/06/2021
DOORSTEPS – AKSHAY RUPARELLA CEO RESIGNS FROM ONLINE AGENT Is the online agent party over – Akshay Ruparella has been shown the door. HOUSING MARKET OVERHEATS WITH 13% PLUS ANNUAL PRICE INCREASE They say the property market goes from boom to bust, let us hope this is not the case. Nationwide has just produced figures…
Andrew Stanton
BREAKING NEWS – top 5 stories 28/06/2021
WILL A £12,500 HAIRCUT BE THE NORM FOR THE £500,000 PROPERTY? Always there is a direct reaction to any action that takes place, never more so in the property world. For a large amount of time buyers buying at £500,000, have enjoyed a SDLT saving of £15,000 thanks to the Chancellor. As of the 1st…
Andrew Stanton
BREAKING NEWS – top 5 stories 25/06/2021
NUMBER OF SOLICITORS FINED BY SOLICTORS REGULATION AUTHORITY OVER AML LAPSES It has just been announced, the SRA has fined a number of solicitors, due to their failure to have in place the correct procedures for anti-money-laundering. On a related point given that last year over £10M was paid out to cover the indiscretions of…
Andrew Stanton
Record number of homes selling for asking price or above
The latest available sold price data from Land Registry reveals more than a third of homes have achieved their final asking price or above (37%), the highest percentage recorded by Rightmove This is a jump from 28% in January 2020, and significantly higher than the long-term average of 23% between 2005 and 2021 The frenetic…
Rightmove
BREAKING NEWS – top 5 stories 24/06/2021
CMA TURNS UP THE HEAT ON NEW HOME LEASEHOLD SCANDAL After two years of setting up an investigation, where the CMA (competitions and Marketing Authority) looked closely into the widespread practice of making some new homes subject to a leasehold agreement, where charges could be racked up, making some properties unsaleable, and owners facing huge…
Andrew Stanton
BREAKING NEWS – top 5 stories 23/06/2021
CONNELLS & YOTI IN TIE UP OVER DIGITAL IDENTIFICATION YOTI who specialise in a digital solution to identifying an individual, so that everyone can deal with that person knowing they are actually doing so, have recently acquired Connells as a client. Though I must disclose that YOTI are a client of my company Proptech-PR, having…
Andrew Stanton
BREAKING NEWS – top 5 stories 22/06/2021
IS AIRBNB KILLING THE PRIVATE TENTAL SECTOR According to a report in the Guardian recently, they found that though there were only 62 properties in the Cornwall are listed on Rightmove for rent, Airbnb by contrast had over 10,000 listings for accommodation in the same area. So two things at play, holidaymakers seem to be…
Andrew Stanton
BREAKING NEWS – top 5 stories 21/06/2021
JUST EIGHT WORKING DAYS TO END OF STAMP DUTY HOLIDAY The 30th of June 2021, is the hard stop date for the full SDLT ‘holiday’ that the Chancellor put in place, and it coming upon all of the those in the sector at a pace. To get the benefit, up to £15,000 of relief, properties…
Andrew Stanton
BREAKING NEWS – 18/06/2021
RICS INDEPENDENT REVIEW FINDINGS NOW LIKELTY TO BE PUBLISHED A MONTH LATE It would appear that the RICS review is running behind again, it was originally derailed by the original person looking into the matter not being able to finish the review, which meant that Ms Levitt was put into bat as the second option,…
Andrew Stanton
BREAKING NEWS – top 5 stories 17/06/2021
HOUSING MARKET FLYING AHEAD – BUT PRIVATE RENTAL MARKET HAS 800,000 IN ARREARS It may be Boom time for the residential housing sector, but the National Residential Landlords Association feels that as many as 0.8M tenants are behind with the rent to their respective private landlords. The pandemic is seen as the common factor, with…
Andrew Stanton
BREAKING NEWS – top 5 stories 16/06/2021
BIG DEVELOPER SETS ASIDE OVER £10M TO COVER POSSIBLE CLADDING AND FIRE ISSUES Willmott Dixon has put another £5M plus in a fund that already had almost the same amount in it, specifically to be used to deal with any upcoming problems relating to buildings they erected which may need remedial work. The monies will…
EAN Content
BREAKING NEWS – top 5 stories 15/06/2021
FENTON WHELAN PRIME DEVELOPMENT STARTS SUCCESFULLY SELLING VIA DIGITAL STRATEGY Personally, knowing that last year 60% of property investors buying in the UK bought ‘off plan’ so virtual ‘digital marketing’ of a development is a perfect solution, which saves time and builds in efficiency. The ‘Park Modern’ development of Prime properties located in London, were…
Andrew Stanton