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Rightmove House Price Index – Pre-Brexit buying spree with sales agreed up by 6.1%

 

Pre-Brexit buying spree with sales agreed up by 6.1%   Seasonal monthly fall in price of property coming to market, down 1.0% (-£3,192), a better performance than usual in August, pushing the annual rate of increase to 1.2% Buyers spurred into action by improved affordability and opportunity of securing a deal prior to Brexit deadline:…

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Rightmove

A-levels are not the only path into construction

 

With A-Level students in receipt of their results, the National Federation of Builders (NFB) wanted to highlight that construction is the most exciting and innovative industry in the United Kingdom and it’s not just for those wanting to get their hands dirty! If you are still deciding your career path, the following facts may help…

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National Federation of Builders

Landlords face £100k in costs when evicting a rogue tenant

 

Research by independent letting and sales agent Benham and Reeves has looked at the unfortunate cost of landing a bad tenant and how much this can reach during the gruelling process of having them evicted from the property. Previous research by Benham and Reeves highlighted the increasing number of fraudulent lettings applications by rogue tenants,…

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Properganda PR

The tragic truth behind home accidents and child fatalities in the UK

 

Research by VeriSmart – a nationwide network of independent property inspectors – has shed light on the tragic statistics behind home accidents in the United Kingdom. VeriSmart’s research reveals that more accidents occur at home than anywhere else – with the living room proving the most common part of the home for accidents – and…

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Properganda PR

Buy-to-let’s biggest household setbacks and how to prevent them: Water damage, fires and theft are top causes of house insurance claims, research shows

 

Research by online letting agent and property management provider Howsy has revealed the most common reasons why people claim on their house insurance, as well as the best ways to avoid any such issues for landlords looking to keep costs down. By analysing the latest available data from the Association of British Insurers, Howsy has…

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Properganda PR

Today’s Halifax House Price Index – Immediate Comments

 

Marc von Grundherr, Managing Director of Benham and Reeves, a London estate agency with 17 offices: “Are we seeing a further indictment of Brexit paralysis? Or is this a seasonal blip given that the summer months simply tend to see lower demand? I favour the latter especially given that the numbers that we really should…

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Properganda PR

Reverse charge VAT: hold off until 2020

 

The National Federation of Builders (NFB) has written to Sajid Javid MP, the chancellor of the Exchequer, asking for the 1 October 2019 introduction of domestic reverse charge VAT to be delayed until April 2020. Reverse charge VAT means that the customer receiving the service will have to pay the VAT to HMRC instead of…

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National Federation of Builders

The Government must re-think its approach on immigration after Brexit

 

The mayor of London, Sadiq Khan has warned the Government that its plans to reduce immigration after Brexit will have “devastating consequences” for London and urges it to re-consider its plans to impose a £30,000 salary threshold on EU citizens coming into the UK after Brexit. Speaking to the London Chamber of Commerce and Industry,…

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National Federation of Builders

Are FTSE100 companies proving cheap when it comes to charity?

 

Research by ‘win a house’ competition, WinMyDreamHome.com (WMDH), has revealed the extent of the charitable donations made by a number of companies listed on the FTSE 100 Index and how much they are actually donating as a proportion of their income. With a string of bad press following a number of poorly run house competitions in…

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Properganda PR

Latest data shows home sellers are achieving 96% of asking price – here’s the postcodes outperforming the national average

 

Research by estate agent comparison website GetAgent.co.uk has revealed the areas in England and Wales where home sellers are achieving the best and worst prices in comparison to the initial asking prices listed for properties for far in 2019. The website’s research shows that across England and Wales, home sellers are currently securing an average…

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Properganda PR

Hometrack Cities Index shows annual price growth up 1.7%

 

Director of Benham and Reeves, Marc von Grundherr, commented: “City living remains extremely desireable and therefore conditions in these property hotspots are far more stable than other areas of the market and continue to see prices climb as a result. The cities to have benefited from larger levels of buyer demand in the past are,…

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Properganda PR

The rise of the silver room sharer – over 50 housemate numbers up 74%!

 

The latest data from leading room share platform, ideal flatmate, has looked at the changing face of the house share landscape and how more and more people above the age of 50 are turning to a house share as a viable way of living either as a live-in landlord or as a roommate. Data from…

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nottingham city council

Nottingham City Council set to make savings by supplying its own water

 

Nottingham City Council is set to begin supplying water services to its own buildings from Wednesday 14 August to create savings on the authority’s bills and water consumption. Changes in the water industry allow businesses and organisations to choose how they receive water supply and wastewater services, and the City Council has chosen to become…

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EAN Content

Homebuyers spending as much as half of their annual salary on stamp duty tax

 

With the new prime minister looking to potentially transfer stamp duty to the responsibility of the home seller, research from property finance specialists, One 77 Mortgages, has looked at just how much UK homebuyers are currently paying in addition to the monumental task of saving for a mortgage deposit. One 77 looked at the average…

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Properganda PR

June 2019 Price Paid Data from HM Land Registry

 

The most expensive property sold in June was in Kensington and Chelsea for £25,975,000​ The cheapest properties sold in June were in Burnley, Bishop Auckland, Ferryhill and Sunderland for £20,000 25.4% increase in newbuilds compared to June 2018 The most expensive residential sale taking place in June 2019 was of a terrace property in Kensington…

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HM Land Registery