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House prices remain flat nationally according to latest RICS UK residential market survey report.
Latest RICS UK Residential Market Survey – September 2018 headlines ‘Weak sales outlook causing new homebuyers cold feet.’ The report reveals that demand from new buyers nationally has weakened slightly for the second successive month, making the forward-looking sales indicators also turn a little more pessimistic. Prices remain flat nationally with regional variations still very…
Allen Walkey
Residents have their say on the future of social housing
Nottingham City Homes residents raised their tenant voice once again at their Big Conversation event to get their thoughts and ideas on the social housing Green Paper. The Government announced proposed reforms to social housing that they say will “re-balance” tenant-landlord relationships and pave the way for stronger communities. The Social Housing Green Paper was…
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Telford Homes continue to acheive sales at a consistent rate in last few months
Telford Homes Plc; the London focused residential property developer, today provides an update on trading ahead of its interim results for the six months ended 30 September 2018 (‘H1 2019’), which will be released on Wednesday, 28 November 2018. The update mentions that despite a more uncertain backdrop Telford have continued to achieve sales at a…
Allen Walkey
Capital Gains Tax relief to encourage longer tenancies and sales to tenants in private rented housing, RLA response
Responding to proposals from the Conservative Think Tank, ‘Onward’ today for Capital Gains Tax relief to encourage longer tenancies and sales to tenants in private rented housing, David Smith, Policy Director for the Residential Landlords Association said: “We welcome Onward’s acceptance of the need for more positive taxation in the rented sector which the RLA…
Allen Walkey
Landlords and property seen as purely investment tools to blame?
An article today by DailyMail online reports on the increasing generation of rent figures and how the Conservatives are looking to tackle this growing concern with an interest in increasing their own popularity with younger adults across the country. Certainly today, property is far more of an investment product over being actually a home, prices…
Christopher Walkey
Help in navigating the development finance process and accessing the funding for SME housebuilders
SME housebuilders are to be given help in navigating the development finance process and accessing the funding they need, following the publication of a new guide by UK Finance and the Federation of Master Builders (FMB). The guide offers practical advice to smaller housebuilders on how they should present their project to lenders to improve their chances…
Allen Walkey
Leading South England agent signs long-term agreement for its 50+ offices to list at OnTheMarket.com
OnTheMarket plc, the agent-backed company which operates the OnTheMarket.com property portal, has announced that leading South of England full-service agent Andrews has signed a long-term agreement to advertise its UK residential sales and lettings properties at OnTheMarket.com. Under the long-term agreement, Andrews has also agreed actively to promote the OnTheMarket.com portal brand with digital and…
Allen Walkey
Government to reduce the human cost of late payment
The package of measures unveiled by the Small Business Minister Kelly Tolhurst will also reduce the hidden, human cost of delayed payment. According to research commissioned by the Prompt Payment Directory, 48% of the 400 construction companies polled reported depression, panic attacks, suicidal thoughts and anxiety as a result of late payments. Late payment also…
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HBA: warmly welcomes abolition of cap on what councils can borrow to build houses
Lifting the borrowing cap for councils will diversify the housing market, stimulate industry capacity and help councils more easily meet their affordable homes requirements. The Prime Minister Theresa May has shown her commitment to help fix the housing crisis by announcing the abolition of cap on what councils can borrow to build houses, in her…
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RLA comments on young people now facing consequences of rented homes supply crisis
Responding to a new analysis by the BBC on the cost of renting for young people, RLA Policy Director, David Smith, commented: “With a majority of under 35s living in rented housing, it is young people now facing the consequences of the supply crisis facing the private rental market. “The Government’s own data shows that…
Allen Walkey
Shelter’s updated response to the scrapping of council borrowing caps.
Shelter’s updated response to the scrapping of council borrowing caps. This represents a major reform that will allow councils to deliver desperately needed affordable homes – and allow them onto the playing field as significant housebuilders. Previously there was a prohibitive cap on how much councils could borrow against their assets to fund new housing…
Allen Walkey
Economists overseas predict 10-20% House Price Falls – Reality or fiction?
My morning browse through videos on Youtube, that is what appears on my timeline that they assume I’ll be interested in viewing, brought up not only negative news in my world of football (Manchester United vs Jose Mourinho), but also a line of negative news in the world of property. One such video from ABC…
Christopher Walkey
NFB: low-skilled does not mean low value
The new skills-based system will create an additional barrier to building. The NFB would like the Government to consider an exemption for those in the construction industry, or an extended transition period. The Prime Minister Theresa May is to unveil a new skills based system as part of her post-Brexit immigration plans. Under the proposals…
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FCC Paragon partners with Labrador as part of new online support package for tenants and agents
FCC Paragon, a tenancy referencing firm with over 25 years’ experience in the lettings industry, has just launched MyMoveIn, an online platform that supports a tenant’s home move process by assisting with the setup of utilities, services and notifications, whilst simultaneously creating the opportunity for multiple revenue incomes for letting agents. With the upcoming tenancy…
EAN Content
OnTheMarket announces record traffic to it’s portal in September
OnTheMarket plc, the agent-backed company which operates the OnTheMarket.com property portal, announces today that as of 01 October, it has signed listing agreements with UK estate and letting agents with more than 11,000 offices. This is more than twice the number listing at the time of the Company’s Admission to AIM on 09 February 2018….
Allen Walkey