Breaking News
Response from the National Housing Federation to the launch of the Labour Party social housing green paper
Response from the National Housing Federation to the launch of the Labour Party social housing green paper. David Orr, Chief Executive of the National Housing Federation says: “This is a positive statement of ambition from the Labour Party. It sets out an important package of measures which recognise the vital role that housing associations play…
Allen Walkey
Average house prices in UK fall back slightly since January 2018 according to Land Registry
The latest UK House Price Index from the Land Registry shows according to February data that on average, house prices in the UK have fallen by 0.1% since January 2018, an annual price rise of 4.4%, which makes the average property in the UK valued at £225,047. In England, the February data shows on average,…
Allen Walkey
Warning to landlords and letting agents over fake referencing
This week’s episode of “Bad Tenants, Rogue Landlords” (Thursday 19th April, Channel 5, 8pm) will serve as a warning to all landlords and letting agents over the dangers of fake tenant references, as landlord Paul Bloom faces a struggle to get his property back from a bogus company let. Paul Bloom, a professional landlord with…
EAN Content
ZPG welcomes back Manning Stainton (19 offices) to their platform
ZPG, owner of Zoopla and PrimeLocation, today announced they are delighted to welcome back Manning Stainton, a market leader and award-winning agency operating across North Yorkshire. Manning Stainton, which has a network of 19 offices across Leeds and North Yorkshire will now list all of its properties across the ZPG platform with immediate effect. Mark…
Allen Walkey
Telford Homes PLC anticipates record revenue and profit for year to end March 2018
Telford Homes Plc, the London focused residential property developer, today released an update on trading ahead of its final results for the year ended 31 March 2018, which will be released on Wednesday, 30 May 2018. Telford Homes mention in the highlights: Record revenue and profit anticipated for the year to 31 March 2018 and…
Allen Walkey
Northern landlords top voids list
More landlords with property in the North of England experienced a void period in the past three months than in any other UK region according to findings from the UK Association of Letting Agents (UKALA). Fifty three per cent of landlords with property in the North East and North West of England both experienced a…
EAN Content
Price of property coming to market reaches record high
Prices of new-to-the-market property rise by modest 0.4% (+£1,228) this month, but enough to push the national average to a new record of £305,732 Surpasses previous national high of £304,943 set in July 2017 by 0.3%, with six out of eleven regions also hitting new peaks Record monthly visits to Rightmove in March indicate…
Rightmove
House purchases by first-time buyers and home movers reaches highest levels for February since 2007.
UK Finance’s latest mortgage trends update reveals that total homeowner house purchases, which combine both home movers and first-time buyers, reached 50,000, the highest level for February since 2007. Mortgage lending for first-time buyers, home movers and remortgagors increased in February 2018 compared to the previous year according to UK Finance. Commenting on the data,…
Allen Walkey
Number of Landlords re-mortgaging for home improvements reaches record high according to Countrywide
The latest Countrywide plc Monthly Lettings Index report – March 2018 reveals that the number of landlords re-mortgaging to release money for home improvements has reached a record high. In the last 12 months 9,523 landlords who re-mortgaged their buy-to-let withdrew money for home improvements, that figure is more than triple the number recorded in…
Allen Walkey
Halifax research reveals ‘Mortgage Freedom day’
Halifax research reveals that today homeowners have earned sufficient, on average, to cover their mortgage payment for the rest of 2018. This is based on the average annual mortgage repayment cost of £8,039 and the average net annual income of £27,724. Halifax also reveals that there is a wide variation in ‘Mortgage Freedom’ Days across…
Allen Walkey
New taxi advertising campaign for Zoopla
Property website Zoopla, has launched a new taxi advertising campaign which will see a significant fleet of 250 London cabs fully liveried in Zoopla’s distinctive purple branding for the next 12 months. The Zoopla-branded London taxis, part of an ongoing multi-channel marketing campaign which also includes national TV, print and radio, will continue to highlight…
Allen Walkey
Number of Build to Rent homes across UK up by 30% according to new research
The British Property Federation (BPF) has published its first set of annual data on the build-to-rent sector’s growth, which shows the total number of build-to-rent homes complete, under construction and in planning across the UK has increased by 30 per cent in the past year. In the UK there are now 117,893 build-to-rent homes –…
Allen Walkey
Rents across UK show modest rise in 1st Qtr 2018 according to Homelet
The latest Homelet Rental Index report for March 2018 reveals that the average rent in the UK is now £912, up by 0.9% on the same time last year, when London is excluded, the average rent in the UK is now £759, this is up by 0.1% on last year. Rental prices across the UK…
Allen Walkey
Housing market at it’s weakest in London and South East according to RICS
The latest RICS UK Residential Market Survey – March 2018 released today reveals that momentum in the UK housing market continues to slow, as buyer demand falls for the twelfth consecutive month. Agreed sales and new buyer enquiries continue to slip at the national level, the national price indicator remains flat, weighed down by London…
Allen Walkey
Prices continue to slide in London and South East according to Home.co.uk
Latest Home.co.uk Asking Price Index report – April 2018 released today headlines ‘Oversupply Exacerbates London and South East downturn.’ Top of the headlines list in the report is: ‘London and South East prices slide again.’ The report mentions that: ‘Home prices may have nudged up this month across England and Wales but red warning lights…
Allen Walkey