Breaking News
Market kick starts with rise in visits, new listings and enquiries to agents on Rightmove
Visits to Rightmove were up 45% on Wednesday morning compared to the previous day following the government’s surprise announcement to reopen the housing market1 Email enquiries sent to agents rose by 70% now that physical viewings can again take place2 New listings are also starting to rise, with 2,115 new properties added in just five…
Rightmove
CIL changes ‘welcome relief’ now time to extend planning permissions
The National Federation of Builders (NFB) has welcomed the Government’s announcement that it will amend the Community Infrastructure Levy (CIL) Regulations to give much needed relief to small and medium sized housebuilders. The Ministry of Housing, Communities and Local Government has said it is changing the regulations to encourage local authorities, who are responsible for…
National Federation of Builders
3… 2… 1… Go! It’s back to work for Estate / Letting Agents:
With over 300,000 property transactions in the pipeline and delayed since the COVID-19 lockdown, it is now all systems go in the English estate agency / letting agency world. The easing of restrictions for many businesses starts today and that will include the property market. “From today anyone in England can move home if they…
Christopher Walkey
Home-movers determined to move post lockdown & buyers look out-of-city
94% of buyers and sellers currently in market say they’re going ahead with sales already agreed or plan to continue post lockdown1 Visits to Rightmove are up over 20% when compared with the first few days of lockdown as more people staying at home start to think about moving2 Signs of a shift in prospective…
Rightmove
March 2020 Price Paid Data from HM Land Registry
Please note, due to the impact that the COVID-19 situation has had on HM Land Registry’s operational services the figures for this month may not be a complete picture and will be updated in future releases. Most expensive residential property sold in March was in Kensington and Chelsea for £4,500,000 Cheapest residential property sold in…
EAN Content
Takeaways hurt house prices
The latest research by estate agent comparison site GetAgent, has found that areas with a lower density of takeaways are home to house prices as much as 75% higher than areas with a larger number. With many of us turning to takeaways during the lockdown as the next best thing to eating out, a high…
Properganda PR
National Federation of Builders (NFB) Plays a Key Role in COVID-19 Communication
NFB is playing a key and active role in providing valuable information to its members. With information it can be difficult for businesses to find industry specific and appropriate advice that meets their business needs. Richard Beresford, Chief Executive of the federation, comments ‘The NFB has played a critical advice line to its members by…
National Federation of Builders
Construction Minister tells NFB that infrastructure will be crucial to economic recovery
Addressing members attending the National Federation of Builders Large Contractors Forum, the Construction Minister Nadhim Zahawi said that he was looking to bring forward infrastructure projects to support the construction sector’s economic recovery, after the COVID-19 crisis. After speaking of the Government’s recent announcement to proceed with HS2, the Minister said: “I’m talking to other…
National Federation of Builders
Buyer demand climbed in Q1 ahead of pandemic market freeze
The latest buyer demand index from GetAgent.co.uk has revealed that buyer demand climbed in Q1 of this year, up 2% when compared to the previous year and on the previous quarter alone, while in London demand lifted by 7% annually and 3% quarter to quarter. Both nationally and in London, Q1 of this year saw…
Properganda PR
Rental searches for homes with gardens hit record high for the year
Searches by renters looking for a garden are the highest they’ve been this year on Rightmove, and are now almost double the level compared to the first week of lockdown: Total rental searches dropped 35% as lockdown began and physical viewings were put on hold Since then rental searches have been recovering and are now…
Rightmove
February 2020 UK HPI from HM Land Registry
The UK House Price Index will continue to be released on a monthly basis and we will review the ongoing impact of the COVID-19 pandemic on the amount of transactions available. The index will continue to reflect the property market, although we are anticipating lower volumes in transactions starting from next month’s release following the…
HM Land Registery
The worst-hit areas of the property market freeze so far
Last week GetAgent.co.uk released its interactive real-time dashboard of how the market is performing under the pressure of a pandemic and the lockdown, both nationally and at postcode level. The estate agent comparison site has now released data looking into which areas of the UK have been hit the worst, based on the reduction of property…
Properganda PR
Rightmove House Price Index – Estate agents go virtual and homeowners research during market pause
Not enough properties coming to market to provide meaningful new seller asking prices this month Abrupt turnaround from best start to a year since 2016 to new sales now being almost impossible. Pre-lockdown sales agreed in the year to 23rd March were 11% up on the same period last year Existing sellers stay on the…
Rightmove
An immediate stamp duty holiday is needed
The National Federation of Builders (NFB) joins the Royal Institute of Chartered Surveyors (RICS) in calling for a temporary stamp duty holiday. Richard Beresford, chief executive of the NFB, said: “A temporary stamp duty holiday would encourage new build sales and release some much needed cashflow back to our struggling housebuilders. It would also ensure…
National Federation of Builders
The best areas to live in the UK for successful self-isolation
The latest research by Hamilton Fraser’s deposit replacement scheme, Ome, has investigated the most affordable locations across the UK with the lowest population to maximise the chances of successful self-isolation during the current COVID-19 pandemic, whilst also avoiding those still yet to master the art of sitting on the sofa. Ome looked at the estimated…
Properganda PR