Breaking News
£30 million funding received to unlock 760 homes in the Essex
Positive news for the county of Essex as Homes England gives Swan Housing Association and Basildon Borough Council £30 million in order to provide 760 homes within Basildon. The regeneration programme will receive the loan in order to work on the Craylands Estate and Laindon Place – 110 homes will be affordable and the project will…
EAN Breaking News
Seven Hills Business Park in Edinburgh sells for £15 million
An Edinburgh business park has sold for £15 million to UBS-AM property investment fund – The 76,000 square foot industrial space is due to be completed by Autumn. Seven Hills is said to be the biggest industrial space built on spec for 20 years in Scotland. The space includes 11 units and holds already the…
EAN Breaking News
Are you risking prosecution? Money laundering is a dirty business.
As I was browsing LinkedIn today I see a promoted post from the UK Home Office: “Are you risking prosecution? Money laundering is a dirty business. Do your due diligence and submit a SAR if you are suspicious.” As the lies and false promises flood out from our government relating to Brexit, we are still…
Christopher Walkey
Usual spring buoyancy weighed down by Brexit uncertainty
The average price of property coming to market rises by just 0.4% (+£1,287) this month, as the traditionally busier spring market gets off to a subdued start: Lowest average monthly rise at this time of year since 2011, though London is the main drag Prices remain more buoyant outside London with nine out of 11…
Rightmove
No more ‘No DSS Please’, Love from Zoopla…
Zoopla, who are said to host around 1 million listings on their website, have stated that the phrase of ‘no DSS’ (DSS: now-defunct Department for Social Security) with regards to rental adverts will be banished in the next few weeks. The restriction was looked in to by both Shelter and National Housing Federation. Terms and…
EAN Breaking News
House price growth is weakest since 2011 – Comments from Industry:
Alastair McKee, Managing Director of One77 Mortgages, commented: “I think it’s fair to say that these latest findings from the RICS aren’t quite in line with what we’re seeing on the ground at present. Despite the consistent setbacks with Brexit buyer sentiment has remained strong so far this year and while politically the landscape looks…
Properganda PR
8 Rubbish reasons not to become a client of mine
“I don’t like Facebook”, said an agent to me recently. He works with one part-time admin, from a serviced office, and has been going around five years. Last year his annual revenue was £53,000. “Where’s your business going?” I asked him. “Well, I’d like to get to £60,000 this year,” was his response. This guy…
Sam Ashdown
ARPM LAUNCHES 12-STEP PLAN TO BEAT THE TENANT FEE BAN
Professional supplier to the lettings industry, ARPM, has created a 12-step plan to help estate and letting agents beat the Tenant Fee Ban. In the run up to 1st June, when the ban on charging tenant fees will come into force, the outsourced property management and lettings administration provider is recommending lettings businesses prepare. They…
ARPM
KFH Pay a Pound Forward for London Youth
To celebrate their third year of partnership, Kinleigh Folkard & Hayward (KFH) has pledged to donate £1 to London Youth for every property valuation undertaken across residential sales or lettings during 2019. The scheme, known as ‘Pay a Pound Forward’, will contribute up to £30,000 towards KFH’s 2019 fundraising target of £80,000. These funds will…
EAN Breaking News
Capital’s Car Parking Sold Prices hit £219k:
Capital’s Car Parking Sold Prices hit £219,000 – The worst revealed and where you can get a foot on the ladder for the price of a London parking space: The latest research from leading London sales and letting agent, Benham and Reeves, has revealed the high price of parking in the capital for those forced…
Properganda PR
Street price premiums: ‘Square’ commands 117% above average
The latest research by property finance specialists, One77 Mortgages, has looked at what road type commands the highest property prices across the nation. Using Land Registry data, One77 analysed thousands of property records over the last year to find the average sold price across the likes of Road, Hill, Avenue and more, to see which…
Properganda PR
The Guild says that it leads in the industry in market share?
According to figures provided by Twenty EA, an independent statistics provider, as a collective group, The Guild of Property Professionals currently has the highest percentage of market share of new instructions in the UK at 5.17%* (1st January – 7th March 2019), with the next estate agency brand representing 3.98%*. Iain McKenzie, CEO of The…
EAN Breaking News
£3 Billion affordable housing promised? by Government
The Chancellor Philip Hammond today announced that the government has planned a budget of £3 billion that will be put towards the supply of affordable housing thus around 30,000 affordable homes. The government are not in many people’s good books as of late and especially with their comical handling of the democratic vote to leave…
EAN Breaking News
Reaction to the Spring Statement from Iain McKenzie
Iain McKenzie, CEO, The Guild of Property Professionals “Aside from announcing a new £3 billion Affordable Homes Guarantee scheme, the Spring Statement didn’t deliver much for the property market, which was expected given the lack of stability in the political arena and the no-deal Commons vote later today. What is needed are measures to improve…
EAN Breaking News
NFB: starter homes are a non-starter
Kit Malthouse admitted that the Government will fail to keep its 2015 election promise to build 200,000 starter homes by 2020. In 2016, the Government allocated £1.2 billion to the ‘starter homes’ programme, which aimed to build 200,000 properties exclusively for first-time buyers at a 20% discount on their market value. When asked how many…
EAN Breaking News