Breaking News
The number of Buy-to-Let mortgage products goes above 2000 for the first time according to Moneyfacts
The number of Buy-to-Let (BTL) products has now passed the 2,000 mark for the first time on their records according to a recent report from Moneyfacts.co.uk, this comes depsite the BTL market having its fair share of turbulence. Moneyfacts reveal that there are 2,022 BTL mortgage products available at the moment, this figure is up…
Allen Walkey
More than 90,000 sales of land and property received for registration in March 2018 according to HM Land Registry
HM Land Registry Price Paid data for England & Wales – March 2018 includes details of more than 90,000 sales of land and property received for registration. 65,558 were freehold, a 3.4% decrease on March 2017 16,355 were newly built, a 10% increase on March 2017 There is a time difference between the sale of…
Allen Walkey
Shelter’s response to the news that James Brokenshire MP will take up the new role as Secretary of State for the Ministry of Housing, Communities and Local Government.
Responding to the appointment of a new Secretary of State at the Ministry of Housing, Communities and Local Government, Shelter’s CEO Polly Neate said: “We welcome James Brokenshire into his new role as Secretary of State at the Ministry of Housing Communities & Local Government. He will be taking up the role at a critical time, in the…
Allen Walkey
Landlords are Remainers and see Brexit as a Threat
According to a recent poll, landlords in the UK voted to remain in the EU and are more likely to see Brexit as a threat. LandlordNews.co.uk summarises the key findings below. The survey of 500 landlords across the UK by Intus Lettings has revealed that over half (52%) of landlords voted to remain, compared to…
EAN Content
Key plan for York’s green belt moves a step closer
The plan to protect York’s green belt and special character while providing the housing and employment the city needs will be considered by senior councillors over the next two weeks. A report detailing responses to the latest public consultation on York’s draft Local Plan will go before the Local Plan Working Group next week (Wednesday…
Christopher Walkey
Just under half of ‘Empty Nesters’ across the UK say they are not considering downsizing to a smaller property according to Lloyds Bank report
Just under half (45%) of Empty Nesters across the UK say they are not considering downsizing to a smaller property despite their children having ‘flown the nest’, according to the latest research from Lloyds Bank. lloyds Bank reveals that two fifths of parents don’t want to leave their family home because of strong links to…
Allen Walkey
Shelter’s response to government stats showing more than 150 social tower blocks are still covered in Grenfell-style cladding.
More than 150 social tower blocks still covered in Grenfell-style cladding, official figures show Official figures recently released on cladding similar to that used on Grenfell Tower show: Across the country there are currently 297 tower blocks over 18m with similar cladding to that used at Grenfell. 151 of these are social housing buildings. Of the social…
Allen Walkey
So, 1842 founded Humberts are due to fold – Sign of times for High Street Estate Agency?
Latest rumours and news reports state that Humberts, an estate agency chain with history dating back to 1842 is set to go in to administration shortly. Regarded as one of the oldest and most traditional names in the industry, it will be a sad day if they are to leave the world of UK Estate…
EAN Content
Annual House Price Growth picks up slightly in April according to Nationwide
Latest Nationwide House Price Index report – April 2018 released today headlines ‘Small uptick in annual house price growth.’ Nationwide reveals annual house price growth picks up to 2.6% in April, as prices month on month rose 0.2%. Commenting on the figures, Robert Gardner, Nationwide’s Chief Economist said: “There was a slight pickup in UK…
Allen Walkey
Countrywide issued its trading update for the quarter ended 31 March 2018.
Countrywide PLC yesterday 25th April 2018 issued its trading update for the quarter ended 31 March 2018. Total Group income for the quarter was lower at £145 million compared to £162 million for the same period in 2017. Countrywide stated in the announcement that the Group has moved swiftly to restore expertise in Sales and…
Allen Walkey
The Property Ombudsman welcomes new members by waiving the joining fee
Following an announcement on 6th February by Ombudsman Services (OS:P) that it is to withdraw as a redress scheme from the property sector, The Property Ombudsman (TPO) would like to invite existing members of OS:P to join its scheme with immediate effect, and without the usual requirement for a joining fee. As the largest of…
EAN Content
Former NLA Chairman David Salusbury dies:
David Salusbury, the former Chairman of the National Landlords Association (NLA), the UK Association of Letting Agents (UKALA), and of mydeposits, died on Saturday 21st April 2018, following a short illness. He was aged 74. After a successful 30 year career with the Royal Air Force, David joined the then Small Landlords Association (SLA) in…
EAN Content
Paragon highlights the changes in behaviour of both landlords and lenders as tax changes begin to bite
Paragon Q1 2018 PRS Trends survey report highlights a number of interesting changes in behaviour of both landlords and lenders as regulatory and fiscal changes begin to bite the buy-to-let sector. Research revealed that in the first qtr of 2018 portfolio landlords (6-20) properties increased in number from 35% to 39%, while those landlords with…
Allen Walkey
Government needs to ramp up the supply of low-cost rented homes says JRF
New analysis from the independent Joseph Rowntree Foundation (JRF) shows how nearly 600 additional low-cost rented homes need to be built every week in order to fix the broken housing market and help low-income families escape poverty. JRF is calling on the Government to use its forthcoming Social Housing Green paper to commit to building 78,000…
Allen Walkey
Citizens Advice is backing call by MP’s for greater protection for vulnerable tenants.
Citizens Advice is backing a call by MPs on the housing committee to give greater protection to vulnerable tenants who fear revenge eviction. On Monday this week, Citizens Advice revealed in a report that a quarter of a million households in England put up with shoddy or unsafe homes out of fear of eviction. The…
Allen Walkey