Breaking News
Estate Agency Group sees revenue dip thanks to a ‘subdued’ market
The franchised sales and lettings agency Hunter Property who have their headquarters based in York have seen a rise in profits yet a fall in turnover following annual results being released on their year to year business up to 31st December 2018. Their net income rose a marginal amount to £39.4 million which is up…
EAN Breaking News
German public fight back against rising property rental costs
For sure we are seeing some over inflated costs for rentals in the UK, many folk are paying more and more towards their rent and having to sacrifice at times basic essentials so to keep the landlords pockets aligned, it been sometime since we can really call a home a home, more a home is…
Christopher Walkey
Time it takes to save for a house deposit falls due to slowing housing market
Good news for buyers in that recent figures released in an article on the Bournemouth Echo website shows that the time needed to save for a deposit for a house has fallen. Now standing at 13 years, which to be honest is a ridiculous situation as it is, a single person in the south west…
EAN Breaking News
“60% of houses listed reportedly have initial price reduced before they’re sold”
A recent article on the Daily Mail online website leads with the title that estate agents are purposely increasing the valuation they put on to property in order to gain higher commission on sales. An alarming figure of almost 60% of houses listed have reportedly gone on to be reduced before being sold. Average price…
EAN Breaking News
Winners of the NFB Awards 2019 announced at ceremony in Birmingham
Construction companies and industry figures from across England and Wales gathered in the Midlands to celebrate outstanding contributions made to the built environment, and the high quality work and commitment delivered by both NFB members and non-members across the regions. Hosted by ITN’s broadcaster and journalist, Nina Hossein, alongside actor, comedian and writer, Robert Llewellyn,…
National Federation of Builders
House prices drop 1.6% in April according to Halifax – Comments from industry:
Managing Director of One77 Mortgages, Alastair McKee, commented: “Yet more erratic monthly price movement is to be expected given the unpredictability of the wider political landscape and the extreme spike in prices seen the previous month. Much like our current position with the EU, the UK market isn’t quite sure whether it’s coming or going…
Properganda PR
Housing associations join forces to build 106 affordable homes
Both the GHA and Provanhall Housing Association are combing efforts and constructing the new, energy-efficient houses and flats at Auchinlea Road to provide Easterhouse with 106 new affordable homes a block of 21 flats will be designed to help older tenants live more independent lives. The £14 million development which will see 80 homes delivered…
EAN Breaking News
Is the housing crisis returning as a Government priority?
Planning reform will go a long way to helping solve the housing and skills crisis. Addressing the policy conference of the Home Builders Federation (HBF), Housing Secretary James Brokenshire set out what the Government is doing to tackle the housing shortage and improve the quality of new homes. Brokenshire emphasised: the need to reduce planning…
National Federation of Builders
End of the line: 10 commuter options that save £91 rent per minute…
The latest research by automated property management specialists, Howsy.com, has looked at how much London’s tenants could save by buying at the other end of a direct rail line into London. Howsy looked at 10 locations just outside of the M25 with direct links into major London transport hubs of 41 minutes or less, comparing…
Properganda PR
NFB helps members with the EU Settlement Scheme
NFB concerned that many skilled construction workers may not have the language or technical skills to understand how to apply for settled status. The National Federation of Builders (NFB) is concerned that many skilled construction workers may not have the language or technical skills to understand how to apply for settled status. From 30 March…
National Federation of Builders
“87,000 properties worth an estimated £100bn are owned by anonymous overseas companies”
I was reading a recent news article on the Manx Radio website, national public service broadcaster of the Isle of Man, where they highlighted the problem of money laundering and quoting from a feature from Burnley Express stating that properties on Isle of Man have links to ‘offshore tax havens’. It sounds like deeper investigations…
Christopher Walkey
VeriSmart Rental Demand Index: Cambridge tops the table for highest rental demand
The latest research by VeriSmart, the UK’s only combined lettings inventory and property compliance specialists, has looked at where across the UK is home to the highest levels of tenant demand for rental properties. VeriSmart analysed rental listing data across the major property portals, ranking each of the UK’s 100 largest cities on the proportion…
Properganda PR
London market endures worst rate of decline in a decade as UK market trudges on
Comments re the latest Nationwide House Price Index: Founder and CEO of Yomdel, Andy Soloman, commented: “A tad ambitious to expect anything other than subdued market conditions given that we remain very much in the eye of the political storm that has been building since June 2016. However, despite this and the continued trepidation shown…
EAN Breaking News
NFB: Brownfield first is the correct approach
The Campaign to Protect Rural England (CPRE) published an updated analysis on the potential of brownfield land for housing. It calls for a stop to the unnecessary loss of our countryside and green spaces. Identifying suitable brownfield land for more than one million homes across 18,000 sites, the CPRE called on the Government to implement…
National Federation of Builders
Housing unaffordability slows to lowest rate in five years according to the ONS
Property expert and Yomdel CEO, Andy Soloman, commented: “An almost static movement in the rate of housing affordability is, in some ways, positive news for UK home buyers and one consequence of a bodged Brexit process that we can chalk down as a win of sorts. However, while the rate of unaffordability has slowed significantly…
Properganda PR