Breaking News
Response from RLA to government’s new funding to tackle rogue landlords
Responding to news that the Government will make £2 million of new funding available to local authorities in England to help tackle rogue landlords, David Smith, Policy Director for the Residential Landlords Association said: “We welcome news of new funding for enforcement which we have long campaigned for, but believe it must be part of…
Allen Walkey
Rents in UK rose by 2.1% for October compared to same month last year according to Homelet
The latest HomeLet Rental Index – October 2018 reveals that rents in the UK rose by 2.1% in October compared to the same month a year ago. The report also reveals that the average monthly rent now stands at £928 a month. When London is excluded, the average UK rental value was £768 in October 2018,…
Allen Walkey
House prices continue to slow down – Average price now £227,869
Is it still a string of negative news for house prices, though they still continue to rise it is now at a much slower pace… Maybe it is still positive news, depending which way you look at things, but for many it is the news they have been waiting for years to hear – Prices…
Christopher Walkey
Drop in interest from new buyers in October according to RICS
Latest RICS UK Residential Market Survey – October 2018 headlines ‘Prices, demand and supply all in decline as Brexit uncertainty persists’. In October, the fall in interest from new buyers has led to a more negative trend in house prices, according to the latest RICS UK Residential Market Survey. The report states: In October, the fall…
Allen Walkey
Property in the South East: Sound investment or money pit?
The affordability of homes in the South East of England has always been concerning, with only London overshadowing the soaring house values across the area. However, as Brexit threatens to deflate (if not burst) the bubble of London property prices, the attention of buyers has wandered to further afield to see if their money could…
EAN Content
Halifax reports lowest rate of house price growth in five years for October
Latest Halifax House Price Index report October 2018 released today headlines ‘Annual House Price Growth Slows to 1.5% – Lowest Rate in Five Years’. The report reveals that prices in the three months to October were 1.5% higher than in the same three months a year earlier – slowing from the 2.5% annual growth recorded…
Allen Walkey
Brexit uncertainty impacting London’s prime housing market according to LonRes
Latest Q3 2018 analysis of the prime London sales and lettings markets from LonRes Property Data Network (Residential Review Autumn 2018). Analysis of LonRes Prime London sales data shows: Uncertainty surrounding Brexit has biggest impact on London’s prime housing market. Commenting on the prime London housing markets Marcus Dixon, Head of Research, LonRes said: “Whatever…
Allen Walkey
Scotland’s Private Rented Sector Continues Upward Trend
• Glasgow’s rented sector roars back to life • Growth in Edinburgh accelerates • Negative annual growth eases in Aberdeen • Demand for larger, family accommodation continues Scotland The Scottish Private Rented Sector recorded another annual rise as at Q3 2018 with rents up 2.2% to stand at £789 per month on average. Continued demand…
EAN Content
The NFB is not yet convinced that the Labour Party or the Conservative Party understand how homes get built
The Independent reported that Shadow Housing Secretary John Healey MP, has called on ministers to ensure that all councils have housing revenue accounts (HRAs), which can allow them to borrow in order to build new homes. The shadow housing secretary understands that some areas will entirely miss out on the opportunity to build more council homes….
EAN Content
Portico, a 17 branch estate and letting agency firm joins OnTheMarket.com
OnTheMarket plc, the agent-backed company which operates the OnTheMarket.com property portal, is pleased to announce that Portico, a 17 branch estate and lettings agency firm, is now listing its properties at OnTheMarket.com. Portico has offices across London, including Acton, Battersea, Bethnal Green, Bloomsbury, Camden, Chigwell, Clapham, Dulwich, Forest Gate, Fulham, Hammersmith, Highbury, Ilford, Islington, Leyton, Walthamstow…
Allen Walkey
Letwin Review: SMEs are crucial to solving the housing crisis
The Review focuses almost entirely on large sites and volume developers overlooking best practice already carried out by SMEs. The Letwin Review rejects criticisms of landbanking and welcomes calls from industry bodies to diversify the housing market and speed up house building on large sites. Small and medium-sized (SME) house builders have previously told the…
EAN Content
Property Developers – How to Choose the Right One
Buying an off-plan property is one of the biggest financial transaction many people will ever make in their lives. As a result, it only makes sense that you should want to buy from not only the best but also the most reliable real estate developers. Unfortunately, however, there are many inexperienced and profit-minded players in…
EAN Content
Chestertons kicks off its annual Winter Coat Campaign
Today marks the launch of Chestertons’ annual ‘Winter Coat Campaign’, a joint campaign with London charity ‘Calling London’ which aims to collect thousands of unwanted warm coats to help vulnerable people in London, of all ages, who are sleeping rough or unable to afford a winter coat. Last year, the Calling London Winter Coat Campaign…
EAN Content
An increase of more than 6000 branches in less than 9 months for OnTheMarket.com
OnTheMarket plc, the agent-backed company which operates the OnTheMarket.com property portal, is pleased to announce that, as at 30 October, it has listing agreements with UK estate and letting agents with more than 11,500 branches. This increase of more than 6,000 branches since Admission to AIM in February has been achieved in less than nine…
Allen Walkey
Annual house price growth slows in October according to nationwide
Latest Nationwide House Price Index report – October 2018 headlines ‘Annual house price growth lowest since May 2013’. The Nationwide HPI report reveals that annual house price growth in October slows to 1.6%. Commenting on the figures, Robert Gardner, Nationwide’s Chief economist, said: “October saw a slowdown in annual house price growth to 1.6% from…
Allen Walkey