Breaking News
UK Property Prices fall by 1.4 per cent on the previous month
As Prime Minister Theresa May continues to make the country look like a indecisive and weak nation regarding Brexit, the negative and frustrating wave pushes through the economy with pound taking a hit against the euro / dollar and ongoing fears and drops in property prices. A high majority of headlines on UK property prices…
Christopher Walkey
2019 House price prediction: Rightmove forecasts overall flat prices of 0%
National average asking price of property coming to market forecast to remain flat at 0% in 2019 Prediction is based on the current sound fundamentals of the housing market continuing, but an increase in political or economic uncertainty would have a detrimental effect Parts of the more buoyant northern half of the UK set to…
EAN Content
The Emoov Movement no longer Moving?
Despite only recently securing investment via Crowdcube with a £1,000,000 raise and the merger of Emoov, Tepilo and Urban.co.uk, it appears that the Emoovement is no longer moving. The online estate agency brand which was founded by Russell Quirk is now said to be leaving 100’s of consumers out of pocket (their service requires certain…
Christopher Walkey
A challenger to Rightmove and Zoopla?
The UK property industry is awash with innovation within #Proptech, funding hitting the sector left, right and centre and changes are frequent in how the industry works and communicates to consumers. Recent headlines in the FT state that a new challenger in the new build sector could be seen to stand shoulder to shoulder with…
Christopher Walkey
Annual rents in South West England rising faster than anywhere else according to Your Move
Latest Your Move England and Wales Rental Tracker – October 2018 data headlines ‘Atumn positives for rental market’. The report reveals that seven of ten regions posted annual price rise with rents in the South West rising faster than anywhere else. The avearge rent across England and wales now stands at £861 (seasonally adjusted) according…
Allen Walkey
Shelter’s response to the government’s annual social housing sales figures
Shelter’s response to the government’s annual social housing sales figures below: In 2017-18, a total of 6,463 social homes were delivered – 84% fewer than in 2010-11. This is despite a slight increase in the overall number of homes supplied (an extra 562) compared with the previous year. In 2017-18, a total of 20,891 social homes were…
Allen Walkey
Onthemarket has entered into a long-term listing agreement with 12 branch estate and letting agent firm
OnTheMarket plc, the agent-backed company which operates the OnTheMarket.com property portal, announced that it has entered a long-term listing agreement with 12 branch estate and letting agent firm Jackson Grundy. Formed in 1994, Jackson Grundy, based in Northamptonshire, has 10 sales branches and two lettings branches. David Jackson, Managing Director at Jackson Grundy, said: “In light of frequent…
Allen Walkey
Founder of Estate Agent Networking launches Champagne concept on Crowdcube
Third party title though I will write now in first party! Yes, I do run a few other similar style platforms online in different industry sectors, of course Estate Agent Networking is a fairly well known brand with previous investors on board and I also recently sold another of my property themed online concepts, TeqDen,…
Christopher Walkey
Uncertainty about Brexit has been a compounding factor in the slowdown of the London market according to Hometrack
Latest Hometrack UK Cities House Price Index report for October 2018 eveals that house price inflation is currently sitting at 3.2% annually, with growth ranging from +7.7% in Leicester to -2.8% in Aberdeen. Despite Brexit dominating the headlines, Hometrack’s lead housing indicators suggest no imminent deterioration in the outlook for prices or levels of market…
Allen Walkey
Rise in emergency calls to Shelter helpline in 2018
There has been a sharp rise in the proportion of calls to the Shelter Helpline from people at risk of homelessness, according to new data released by the housing charity. The figures show there was an 8% rise in the proportion of calls taken by the Shelter Helpline from people at risk of homelessness so…
Allen Walkey
Onthemarket.com highlights London boroughs where people spend the most of their salary on rent –
Data revealed by property website OnTheMarket.com has shown that, for those renting in London, Camden is the borough where tenants are spending the highest percentage of their salary on rent. The data has revealed that when renting a one bedroom property in Camden, 61% (£1,944.28) of the average person’s salary within the borough is spent on rental costs,…
Allen Walkey
Many Brits are struggling to save according to Lloyds Bank
The latest Lloyds Bank Quarterly Savings Review reveals that many Brits are still struggling to save. The majority of reasons given for not saving reflect a common feeling of pressure on personal finances, leaving people unable to save. More than a quarter have not put any money into savings in the past 12 months according to…
Allen Walkey
Overall mortgage lending grew in October according to UK Finance
Latest UK Finance’s Household Finance Update for October 2018 reveals that gross mortgage lending across the residential market in October was £25.5bn, some 5.6 per cent higher than last October. Commenting on the data, Eric Leenders, Managing Director, Personal Finance at UK Finance, said: “Overall mortgage lending grew in October, despite an uncertain economic environment,…
Allen Walkey
Government Minister to address RLA Future Renting Wales conference next week
Government Minister Justin Tomlinson MP will address the Residential Landlord Association’s (RLA) Future Renting Wales conference next week. The Minister for Family Support, Housing and Child Maintenance, will be sharing his insights into the future of the private rented sector in a keynote speech at the event on November 29th, with Welsh Housing Minister Rebecca Evans promising…
Allen Walkey
Homeless numbers rise again according to the Charity Shelter
Brand new analysis from Shelter reveals that 320,000 people are recorded as homeless, as numbers rise again. This figure lays bare the true scale of Britain’s worsening housing crisis, despite repeated Government pledges to tackle the problem. In the last year, the overall number increased by 13,000 people. This means one in every 200 people in Britain are homeless and sleeping on the…
Allen Walkey