Breaking News
Current market conditions would still take London nearly three years to lose top dog property market status
Independent London estate agent, Benham and Reeves, has looked at the decline of the London market since the Brexit vote in relation to other regional cities that have seen more buoyant price growth, to see if London really is on its knees, or if this has been exaggerated. Benham and Reeves looked at the month…
Properganda PR
Will the (UK Property Market) bubble burst?
One of the biggest pressures on consumer prices (although not fully registered in consumer price indices) is the cost of housing. This, in turn, is a huge driver on middle income pay expectations. The collapse of a property price bubble, triggered by the mass failure of toxic mortgages, was a major factor in the last…
EAN Breaking News
Councils plan our communities, not the Government
Anne Marie Morris MP believes that house building has become “more centralised at national level, taking power away from local authorities” and that “a community right to appeal” would be one way to properly re-balance the planning system. The National Federation Builders (NFB) disagrees with her assessment and encourages the MP for Newton Abbot to…
EAN Breaking News
£100 million spend on 1’000s of affordable homes for Glasgow
Good news re housing for Scotland and for Glasgow with a reported budget of over £100 million will be going towards delivering 3,500 homes which includes large scale regeneration projects on sites which have been left derelict for more than a decade. Sites include those within Larkfield, Ardencraig, Hamiltonhill and Dalmarnock. The bulk of property…
EAN Breaking News
Aspirations for new Waterside neighbourhood set to take a step closer
Nottingham City Council is due to take an important step towards its vision for a new neighbourhood along the banks of the River Trent next week, as the city’s Waterside Supplementary Planning Document (SPD) goes to Executive Board for adoption. The SPD, which went to consultation in October last year, sets out the city’s vision…
EAN Breaking News
Forget Generation Rent, we’re on course to become Nation Rent
Research by VeriSmart, the letting compliance specialists, has looked at what point in the future the UK could lose its homeowner status as the scales tip towards a greater number of rental sector occupants compared to owner-occupiers. The UK is a nation of aspirational homeowners, but the high cost of property has seen many remain…
Properganda PR
How would a ‘Garden Tax’ from Labour effect the Property Market?
Goodness knows what somebody studying the history of UK politics in one hundred years time ever make out what crazy times we had following the 2016 UK Referendum and the vote to leave the EU, and adding to the index of headlines is Labour with their plans to encourage taxation on gardens. Now, for the…
EAN Breaking News
Let Alliance opens Tech Hub in India
Let Alliance, the specialist service provider to letting agents announces the opening of The Let Alliance Tech Hub, based in Gandhinagar, India. Following the appointment of Mark Ker-Lindsay as Chief Technology Officer, coinciding with recent investment in developing the online operating platform Vision. Along with the new CTO appointment, Sagar Rathod has been appointed to…
EAN Content
Newton and Fallowell purchases lettings & sales business
Newton and Fallowell, based in Grantham, have acquired the sales and letting devision of Escritt Barrell and Golding – Founder and MD of Newton Fallowell, Mark Newton, was quoted as saying: “I am very happy to confirm that Newton Fallowell has acquired the sales and lettings portfolio of EBG.” Full story on the Grantham Journal…
EAN Breaking News
Modular housing can’t solve the housing crisis
Whether building modular, offsite or traditional, you cannot start building unless you have planning permission. Modular housing is often championed as the silver bullet solution to the housing crisis. Built more quickly in factories and quality-controlled before assembly, there are some clear positives to building modular. However, at this stage, modular housing will not and…
National Federation of Builders
New family homes on the way in Nottingham
Twenty new homes are being built in The Meadows, which will go to local families on Nottingham’s council house waiting list. On behalf of Nottingham City Council – Nottingham City Homes (NCH) and contractor Woodhead Group will develop the homes on the site of the former Clifton Miners Welfare on Ainsworth Drive. The two-bed houses,…
EAN Content
German Media Group further investment in to Purplebricks
Recent news story states that Axel Springer, the German media group, have furthered their investment stake in to the online estate agency concept of Purplebricks. The double equity stake was recently made with thoughts now that this move could see a new bid coming in for the PLC that has divided many within the UK…
EAN Breaking News
NFB: EU workers make a crucial contribution to UK construction
The Home Affairs Committee (HAC) has called on the Government to confirm in primary legislation the rights of EU citizens after the UK leaves the EU. In March 2019, the Government launched the EU Settlement Scheme to help establish the immigration status of EU citizens legally residing in the UK. People who apply through the…
National Federation of Builders
April 2019 Price Paid Data from HM Land Registry
The most expensive residential sale taking place in April 2019 was of a terraced property in Kensington and Chelsea for £30,000,000. The cheapest residential sale in April 2019 was of a terraced property in Burnley for £16,000. The most expensive commercial sale taking place in April 2019 was in City of Westminster for £78,000,000 .The cheapest…
HM Land Registery
£6.2 million project for 35 new affordable homes put on hold
A multi-million pound project that will see the town of Peterborough having an additional 35 affordable homes has been put on hold following a challenge – Peterborough City Council said the project was to help to get people off their housing list. The planning was for the homes to be built on Crowland Road in…
EAN Breaking News