Breaking News

TPO Issues reminder to all agents regarding redress membership as agent is fined £3,000 by local authority

 

The Property Ombudsman has issued a reminder to all agents to ensure they have the correct redress membership to cover the work they undertake.  This comes after a letting agent was issued with a £3,000 penalty by their Local Authority for not having redress membership to cover their Residential Leasehold Management work, despite being a…

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EAN Breaking News

in or out politics

Labour and Conservatives spanked as The Brexit Party storm the European Elections

 

The Brexit Party emerged on top by a country mile ahead of Labour and Conservative with Liberals gaining themselves a strong second positioning across the country following inheriting many votes from those wishing to push for a second people’s vote and to remain in the EU. Green party also saw strong gains. Across Europe there…

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Christopher Walkey

Majority of home buyers failing to cover themselves for the worst

 

Leading property finance specialists, One77 Mortgages, has revealed that a high number of home buyers are failing to protect themselves for the worst by not taking out additional life or critical illness insurance. A survey of over 5,000 current homeowners found that despite almost record levels of mortgage product affordability, savvy home buyers are still…

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EAN Breaking News

The March data shows, on average, house prices have fallen by 0.2% since February 2019

 

There has been an annual price rise of 1.4%, which makes the average property in the UK valued at £226,798. England In England, the March data shows on average, house prices have fallen by 0.5% since February 2019. The annual price rise of 1.1% takes the average property value to £243,128. The regional data for…

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HM Land Registery

new build home fronts

Boom to bust cycle fears for Irish property market?

 

Concerns over a boom to bust cycle for the Irish property market have been spoken about in the online Irish Times channel. An influx of foreign investors are seen to be the main cause of concerns of a new surge on no foundation situation – more and more borrowing being the fuel of the market…

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EAN Breaking News

How to choose a suitable free zone for business in the UAE

 

In 1985, a law that allowed the opening of the first free zone in Dubai called Jebel Ali was passed in the UAE. It breathed new life into the economy of the emirate but also attracted international investors. The idea turned out to be so successful that other emirates began to adopt the experience of…

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EAN Content

Development on Air fields

Heathrow third runway is already hurting house prices but for how long?

 

GetAgent.co.uk, has looked at the impact of the third runway at Heathrow on the surrounding property market now that the challenging campaign against it has been lost. We’ve also looked at house prices surrounding other UK airports to see a new runway or other expansion projects, and how the market performed since this work was completed. The…

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Properganda PR

Rightmove logo

Rightmove House Price Index – Regional price records defy Brexit uncertainty

 

Regional price records defy Brexit uncertainty Price of newly-marketed property increases by an average of 0.9% (+£2,841) this month, buoyed by the spring market and consistent with the previous two-year average of 1.0% Four out of eleven regions are bucking any Brexit blues and have set new asking price records for newly-marketed property: Prospective buyers…

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Rightmove

Tenants require Insurance following recent Research

 

According to recent research, a third of people who rent in the UK have no home insurance and assume their landlord’s insurance covers them too. However, this is not the case. While there are instances where insurance taken out by landlords is enough to account for damage to the property, it’s possible that a tenant…

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EAN Content

Variant household projections for England fall by 845,500

 

The latest figures from the Office for National Statistics have found that the projected household representative rate variant shows a large reduction in the projected number of households by mid-2041. The difference is some 845,500 households than first projected with all regions of England seeing a drop and London seeing the largest decline at 329,200….

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Properganda PR

Jonathan Waters Estate Agents leaves tenants and landlords £30,000 out of pocket

 

A news report on the Ipswich Star website explains how an estate agency in Ipswich has left both tenants and landlords out of pocket following going in to liquidation. £30,000 of deposits have supposedly gone missing though should have gone in to the government backed protection scheme in order to safe guard the money. The…

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EAN Breaking News

Landlord & Property Management firm fined £16,000 in Colchester

 

A news story just up the road from us, Saxons Lettings and Management Ltd along with Jide Olugbodi have been fined a total of £16,000 for ignoring complaints from tenants re poor living conditions within an unlicensed property. The five tenants within the property on Albany Gardens in Colchester had issues to include cooker and…

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EAN Breaking News

New guidance on commissioning services in new homes

 

The NHBC Foundation today publishes a guide that helps site managers oversee the many commissioning activities that are important to a smooth build programme and delivering high quality homes for home buyers. At your services – What to expect during commissioning – produced in collaboration with BSRIA, is a response to the ever-expanding family of…

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EAN Breaking News

Utopia of Finding the Best Tenant

 

Everyone wants the best tenants It is undeniable that we all want decent tenants living in our properties. Unfortunately, not all of us are experts in the property world or simply do not have enough time to dedicate to the search. Seeing as one’s property (or properties) is likely to be one of the most…

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EAN Content

small house bird box

Self build can help solve the housing crisis

 

Victoria Prentis MP has said that increasing our custom building housing stock is a practical way to solve the country’s housing woes. Identifying that only 8% of the housing stock was built via custom build, Prentis highlighted that  access to land, finance and the planning system are the main barriers to self-build and that Cherwell…

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National Federation of Builders