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Housebuilders delivered enough homes to exceed population growth in the last year
The latest research by new home specialists, Stone Real Estate, has looked at the top performance by the UK’s housebuilders over the last year and how the quantity of new homes delivered compares to the growing need due to an ever-expanding population. Stone Real Estate found that between 2018 and 2019, 203,900 new dwellings were…
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Cash buyers quids in vs mortgage counterparts due to Brexit uncertainty
The latest research by estate agent comparison site, GetAgent.co.uk, has found that cash is still king when it comes to securing the best price on a property. GetAgent.co.uk looked at the average price paid by cash buyers over the last 12 months and how this compared to that paid by buyers funded via a mortgage…
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NFB responds to the cabinet reshuffle
Boris Johnson made the following new appointments to his cabinet: Chancellor of the Exchequer: Rishi Sunak Secretary of State for BEIS and Minister for COP26: Alok Sharma Housing minister: Christopher Pincher Environment Secretary: George Eustice Paymaster General – Michael Gove taking over Oliver Dowden’s responsibilities The National Federation of Builders (NFB) congratulates the new appointments…
EAN Content
Rightmove House Price Index – Buyer boom sets scene for new price records this spring
The price of property coming to market rises by 0.8% (+£2,589) this month, just £40 short of a new all-time high as momentum builds ahead of the spring market Boom in buyer activity outstrips rise in number of new sellers, building upwards price pressure: Rightmove monthly traffic up by 7.2% on prior year to new…
Rightmove
Four Things to Consider Before Renting Office Space in London
It’s no secret that London has one of the most competitive rental markets in the United Kingdom. With the number of London-based start-ups increasing year by year, demand for office space is at an all-time high – and so is the cost of renting. If you’re considering relocating your company to the capital or even launching…
EAN Content
Halifax HPI Comment: Housing market smashes industry expectation with 4% annual growth
Marc von Grundherr, director of lettings and sale agent Benham and Reeves, commented: “It would seem that the Boris bounce in market activity that followed December’s election has blown market expectations out of the water where the rate of annual house price growth is concerned and has catapulted a once weary market back to previous…
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Record traffic and leads for OnTheMarket in January
OnTheMarket plc, the agent-backed company which operates the OnTheMarket.com property portal, announces today that traffic to its portal in January 2020 exceeded 30 million visits1, a new monthly record, an increase of more than 28% compared with January 2019 and 11% more than the previous record of 27.2 million in September 2019. This performance helped to deliver a…
Vikki Bennett
Busiest ever month on Rightmove as confidence returns to the market
Visits to Rightmove surpassed 150 million for the first time on Rightmove in January, making it the busiest month ever recorded as home-hunters looked to take advantage of a more certain political outlook. There were over 152 million visits to Rightmove in January, a 7% increase on January 2019. The previous record for the…
Rightmove
Hometrack: City price growth hits 2 year high as demand soars
Michael Stone, founder and CEO of new build housing specialists Stone Real Estate, commented: “Our larger urban hubs and cities are often the first areas of the market to show signs of decline but the same also applies when it comes to a recovery, with these areas acting as the driving force behind a…
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Government rental changes are causing pets to be put down, are we no longer a country of animal lovers?
At the start of the year, Housing Secretary, Robert Jenrick MP, announced an overhaul of model tenancy contracts to put more pressure on landlords to allow ‘responsible tenants to have well-behaved pets’ in their rental property. However, leading lettings and estate agent, Benham and Reeves, believe this is the latest in a long line of…
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Thermal imaging explained, a new NHBC Foundation guide
In a typical existing British home, up to one third of the heat produced by the heating system can be lost through the roof, ceiling and walls*. When carried out properly a thermographic survey can help identify for gaps in insulation. Today, the NHBC Foundation in collaboration with BSRIA has published a brand-new guide for…
NHBC
Asking rents rise nearly twice as fast in London versus rest of Great Britain over past decade
London asking rents hit a new record average of £2,119 per calendar month (PCM) as ongoing lack of supply means rents are 4.2% higher year-on-year, and the rest of Great Britain is up 2.4% Over the past 10 years London asking rents have risen almost twice as fast as the rest of Great Britain: Average…
Rightmove
It took the average home seller 256 days to sell in 2019 – here’s where the best and worst spots were across the nation
The latest research by leading estate agent comparison website, GetAgent.co.uk, has looked at the time it took to sell a home in 2019 and where was home to the longest home selling process in the midst of Brexit induced market uncertainty. GetAgent.co.uk pulls data from all of the major portals which they then cross-reference with…
Properganda PR
Custodial and alternative rental deposit schemes on the rise pushing transparency in the sector
The latest research by rental deposit replacement scheme Ome, has looked at how the growing preference for custodial deposit protection schemes is creating a more professional, safer and transparent rental sector, with the emergence of deposit alternatives also helping to drive this change. Data from Ome shows that the number of deposits protected via insurance-based…
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Number of FTBs surges along with energy efficient homes according to the latest English Housing Survey
The latest English Housing Survey has just been released and you’d be forgiven for thinking at first glance that today’s statistics from the government are largely ‘business as usual’ where the proportion of owner-occupied homes vs rental properties are concerned. The data shows: – A 64% owner-occupation rate, which is largely the same as five…
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