Breaking News
Plans for landmark apartments given the go ahead
Plans to build for 21 apartments to rent in the Meadows have been given planning permission. Nottingham LiviNG, part of Nottingham City Homes (NCH) was been given the go ahead to build the new two-bed apartments on the site of the former Meadows Police Station at Nottingham City Council’s Planning Committee on Wednesday 21 November….
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New homes given the go-ahead
Plans to build 30 new council houses in Bulwell and Basford have been approved by planners. Planning permission has been granted for Nottingham City Homes (NCH) to deliver 13 council houses on a former care home site in Bulwell, and a further 17 new homes in Basford. Two, three and four-bedroom homes will be built…
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Benefit Changes Driving Homelessness Says New Report
Changes to the benefit system are behind the decade-long increase in homelessness from private rented housing, according to a new report for the RLA. Research by the Policy Evaluation and Research Unit at Manchester Metropolitan University for the Residential Landlords Association has found that a key driver of homelessness from the private rented sector has…
Allen Walkey
Only planning reform can grow communities in a sustainable way
The NFB is urging the Government to reform the planning process and help all ambitious communities grow. The Country Land and Business Association (CLA), a membership organisation for owners of land, property and business in rural England and Wales, has released a report revealing the barriers that stop our rural communities from growing. The report:…
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The Negotiator Conference 2018 – Book your tickets today!
Gain insight into the key issues facing agency from some of the UK’s top experts and business leaders, to help you make the right business decisions. Arrive in 2019, with ideas, direction and inspiration to stay ahead of the game. WHAT IS IT? The Negotiator Conference & Expo is the UK’s premier event for estate…
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Market uncertainty surrounding Brexit has been blamed for a slow in the rate of growth according to Emoov
The latest research from Emoov has looked at market confidence amongst UK homeowners and if they expected the market to act as it has since the EU Referendum vote, and what they think will happen once we officially leave the EU. They also looked at the state of the UK property market across both the…
Allen Walkey
Property prices in UK fall an average of £5,000 in the last month
Without a doubt, browsing property on Rightmove or Zoopla where reduced listings are highlighted, it is now a common theme to see house prices being dropped in order to attract buyer attention. A headline released on Daily Mail online today states ‘Property prices have dropped by more than £5,000 in the past month alone‘. Rightmove…
Christopher Walkey
Early Christmas gift for buyers as sellers lower their price expectations
The price of property coming to market falls by 1.7% (-£5,222) this month, and whilst it is the norm for new seller asking prices to fall at this time of year, this is the largest November drop since 2012 New sellers pricing more realistically in effort to minimise pre-Christmas ‘buyer humbug’ syndrome fuelled by stretched…
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Property prices in Bath need to drop by 61% to become affordable
Across the country many will agree that property prices are way too expensive, what was once a home now is a big burden, where once only one had to go out to work, many couples are feeling the pinch due to mortgage / rentals costs that they both need to hold full time jobs. A…
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£1m to create more construction jobs in Nottingham
Government funding of £1million has been given to Nottingham to get more people into construction training and jobs. Partners in Nottingham have been given a slice of a £22million funding pot, which will be used to launch construction academies with Nottingham College. These academies will bring training to construction sites – allowing learners to apply…
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Fail to deliver on Brexit causing collapse of Conservatives – ex Housing Minister resigns
I am sure that not many people will even know who the current housing minister is today (Rt Hon James Brokenshire MP), though it is the reluctance of Prime Minister May to carry out Brexit which is causing descent amongst the ranks. With more shifty underhand dealings than a dodgy poker player from May it would…
Christopher Walkey
London House Price Growth slows substantially in October according to LSL/Acadata
Latest LSL Property Services/Acadata House Price Index report for England and Wales – October 2018 reveals that annual price growth continues to slow but there are monthly price rises again. According to the report house prices rebounded in October, up 0.4% – the first increase since February. The annual rate of price increases continued to…
Allen Walkey
UK Finance response to Treasury Minister
UK Finance has responded to a letter from Economic Secretary to the Treasury John Glen MP to the Treasury Committee on ‘mortgage prisoners’, which states that “exploring solutions” for customers with inactive lenders is a top priority. Jackie Bennett, Director of Mortgages at UK Finance, commented: “We strongly support the Government’s commitment to explore potential solutions for…
Allen Walkey
Market adapts to reduced demand and increasing supply according to Home.co.uk
Latest Home.co.uk Asking Price Index report for November 2018 headlines ‘Rising Supply Pushes Market To The Brink’. The report reveals that soaring supply is smothering price growth and price cutting is widespread, as the market adapts to reduced demand and increasing supply, the property downturn that began in London continues to creep across the rest…
Allen Walkey
OnTheMarket.com announces that seven multi-branch firms have joined the portal in the last four weeks
OnTheMarket plc, the agent-backed company which operates the OnTheMarket.com property portal, has announced that seven multi-branch estate and letting agencies have joined the portal in the last four weeks. Leading independent Sussex estate agent Michael Jones & Company has a network of seven offices and will shortly be listing its properties on the portal. Michael…
Allen Walkey