Breaking News
UK property transactions drop for end of 2018
Property Transactions Count report from HM Revenue & Customs (HMRC) showed us that the negative vibe on property here is still quite vulnerable as latest figures show a drop (0.1%) towards the end of 2018. The provisional figures for December 2018 showed 102,330 residential sales across the UK with a larger drop on non residential…
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Court of Appeal rejects Gascoigne Halman’s appeal re On The Market dispute
Latest news today from the Court of Appeal gives us the answer towards the Gascoigne Halman vs On The Market PLC saga. After an initial 10 day court hearing in July and a further hearing in November 2018 the final decision on the case of Connells owned Gascoigne Halman vs On The Market PLC (Agents’ Mutual Ltd)…
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Iain McKenzie comments on Strengthening Consumer Redress in the Housing Market
Iain McKenzie, CEO of The Guild of Property Professionals, in response to the publication of the Government’s consultation on Strengthening Consumer Redress in the Housing Market: “The Guild have been actively promoting best practice in estate agency for 25 years, including our code of conduct for members and trading standards accredited training scheme. We therefore…
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NFB Awards 2019 open for entry
Be recognised for the contributions you make to the UK construction industry The awards event will take place on Thursday 4 April 2019, at the prestigious and award-winning Belfry Hotel and Resort located in the Midlands. The National Federation of Builders (NFB) has launched its eighth annual awards to celebrate the high quality work and…
rdtsystems
Nick Candy acquires the fallen Blippar
“Blippar was the name of a technology company that specialised in augmented reality and of the mobile app it made. The company was founded in London and had offices in Singapore, Tokyo, New York, Amsterdam, Mountain View, San Francisco, Chicago, Los Angeles, Bangalore, Istanbul, & Delhi.” wikipedia Vaired news outlets have reported on the recent purchase…
EAN Content
Landlords are offloading around 3,800 properties a month
The UK is awash of landlords from accidental ones to those owning portfolios of 100’s. The landlord business has in the past been fairly lucrative though recent times this sector has been hit with many additional costs such as stamp duty surcharges. The sector is said to be worth £239 million though is it about…
EAN Content
New Partnership Offers Agents Auction Option
Estate agents across Scotland are to be offered the chance to include the option of selling their properties through auction thanks to the establishment of a pioneering partnership. Gilson Gray Property Services, the property arm of leading Law Firm Gilson Gray, have teamed up with Pattinson Auction, the UK’s fastest growing auction house, in a…
EAN Content
House prices in Wales reaching new records
Principality Building Society have stated that house prices in Wales have reached an average all-time peak value of £186,699 with a price growth in Q4 at 0.3% compared to the previous quarter (though slightly slowing in pace). House sales in 2018 have remained approximately the same compared to 2017 figures with around 50,000 sales. Only…
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Cluid Housing Association get go ahead for more social housing
Planning approval to build 11 new homes for a social housing estate in Letterfrack has been granted. Cluid Housing Association submitted their plans for the second phase of a social housing project to be placed to the east side of Letterfrack (phase 1 was completed in 2016). The project will see the development build ten…
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London most expensive ever mansion sells for £95 million
A cool £95 million pound was the price that secured the mansion on Carlton Gardens that is located just around the corner from Buckingham Palace. The buyer is said to be a Ken Griffin who is a hedge fund manager with an estimated worth of £6.8 billion. 3 Carlton Gardens sits on a road that…
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Muted rise in prices but market moving with 5% uplift in home-hunting
First data-driven indicators of the year show home-movers remain active: Price of property coming to market rises by 0.4% (+£1,207) this month, the lowest monthly rise at this time of year since January 2012 National average dragged down by new-to-the-market sellers realising they have less pricing power than usual given the current market backdrop, especially…
Rightmove
Humberts Estate Agency expands expertise in the Lake District
A new regional director to expand the Humberts Estate Agency brand within the Lake District is going to be under the leadership of regional manager Gerry Mahoney. Gerry Mahoney who is born and bred within the region will be working alongside new base team executive Kerry Sherlock and property concierge Chris Gough and will be…
EAN Content
Hunters Estate Agency launches two new branches
Some reports recently might be highlighting the closures of estate agencies yet we will still positive news from within the industry from those expanding. Hunters are growing in regions across the UK with the latest additions in Wakefield and Leigh (Yorkshire and the North West). Mark Wheeldon will operate the new Pontefract branch in Wakefield and…
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What next for abandoned Great Yarmouth homes?
A selection of abandoned homes in Great Yarmouth could be brought back to life / usage with a £165,000 spend by the borough council. Sheltered development properties located on West Road and Harbord Crescent are in need of significant repair in order to get them in order to house new tenants. The concern is that following…
EAN Content
Sales of flats are plummeting in Manchester – Don’t Panic?
I’m sure many of us will have repeatedly seen positive news from Manchester regarding the property scene with many headlines based around prices increasing as well as demand. Of course, many other areas across the UK are quite opposite with London leading the way in price falls and the general agreement within the industry is…
Christopher Walkey