Breaking News
Hometrack Cities Index – City house price growth slows as market adapts
Director of Benham and Reeves, Marc von Grundherr, commented: “London continues to act as a house price growth anchor for the time being and this is largely being driven from the inside out as those who have seen the largest decline in property values continue to hold fire for greener pastures on the other side…
Properganda PR
UK Finance shows mortgage approvals dip but could see a late rally
Director of Benham and Reeves, Marc von Grundherr, commented: “Buyer demand for mortgage products has been the one area of the market to remain buoyant in the face of political uncertainty, and while it would seem that even this is starting to fall below expectation, we have seen them at least hover at consistent levels…
Properganda PR
Nationwide partners with smart lettings platform to help beleaguered DIY landlords
Leading rental platform, Bunk, has announced a huge partnership with Nationwide Building Society, to further develop its proposition as a transparent, landlord first operator within the buy-to-let sector. Bunk has become Nationwide’s latest venturing fund investment with the digital letting agent already using innovative technology including Open Banking and making a perfect partner for Nationwide,…
Properganda PR
Stamp Duty changes have hit top-end market transactions hardest
Leading lettings and sales agent, Benham and Reeves, has looked at the impact changes to Stamp Duty Tax have had one the UK property market where transactions are concerned, and where has seen the biggest decline. In December 2014, changes were made to the way stamp duty was calculated, moving from the old slab structure…
Properganda PR
UK Finance shows buyer demand is alive and well – driven by an army of FTBs
Director of Benham and Reeves, Marc von Grundherr, commented: “Buyer demand remains alive and well with the number of new mortgages being approved increasing across the board. Market conditions remain far from ideal but it’s particularly encouraging to see that despite the Government’s best efforts, there has not only been an increase in the number…
Properganda PR
Rightmove House Price Index
Autumn opportunity for ‘keep your nerve’ buyers as uncertainty bites again The price of property coming to market falls by 0.2% (-£730) this month, the first fall at this time of year since 2010 No sign of autumn bounce yet, with signs that heightened political uncertainty is causing some to hesitate, giving a better…
Rightmove
Benham & Reeves Market Index Review
Property market shows signs of life but asking price expectations remain out of kilter with wider market conditions The latest Market Index Review report by lettings and sales agent, Benham and Reeves, has looked at the current state of UK and London property prices based on aggregated data from the four leading house price indices…
Properganda PR
Howsy acquires Urban.co.uk and strengthens their position as the leading online rental and property management platform
Acquisition step changes growth and broadens Howsy’s product offering to landlords Howsy acquires Urban.co.uk Howsy, the online property management platform has today announced that it has acquired Urban.co.uk, one of the UK’s leading online letting agents, for an undisclosed sum. Howsy’s stated mission is to make renting better for everyone, by bringing innovation and greater…
Properganda PR
Henry Normal helps celebrate 100 years of council housing
One of Nottingham’s most famous sons, writer, poet, film and TV producer Henry Normal, is in the city to help celebrate 100 years of council housing this week. Nottingham City Homes marked the centenary at its Annual General Meeting yesterday (12 September) where Henry and other speakers entertained guests in attendance. Henry was…
EAN Content
Hometrack reveals first-time buyers are the driving force of the UK market – industry comment
Founder and CEO of GetAgent.co.uk, Colby Short, commented: “We have and always will be a nation of aspirational homeowners and so it should come as no shock that those that are yet to reach that life mile marker are the ones pushing the hardest to do so and driving the market forward when they get…
Properganda PR
Halifax says ‘house prices remain steady’ in new and improved house price index
Founder and CEO of Stone Real Estate, Michael Stone, commented: “While we remain enveloped in a dense fog of Brexit uncertainty it’s no surprise that house price growth continues to stutter and will no doubt do so until the ordeal is over. The one saving grace that we’ve seen come to the forefront is the…
Properganda PR
Reverse Charge VAT delay is good news
Reverse charge VAT, which will make contractors responsible for handling VAT, was due to be implemented on 1 October 2019. However, the Government has listened to industry recommendations and agreed to delay the implementation of reverse charge VAT until 1 October 2020. The National Federation of Builders (NFB), who partnered a coalition of fifteen construction…
National Federation of Builders
How many complaints are there really in the construction sector?
The NFB questions the newly proposed licensing scheme The National Federation of Builders (NFB), which represents the broadest range of building and contracting businesses across England and Wales, is questioning the newly proposed licensing scheme targeted at tackling shoddy building work or poor business practice. The construction sector is one of the highest regulated sectors,…
National Federation of Builders
Britain’s best property markets for FTB value for money
Leading estate agent comparison site, GetAgent.co.uk, has looked at where across Great Britain is home to the most first-time buyer-friendly market. GetAgent.co.uk analysed data from the Land Registry, looking at where the biggest percentage gap between the average price paid by an FTB was when compared to the rest of the market, to find the…
Properganda PR
OnTheMarket announces Pricing Pledge: no increase in listing fees in 2020
The UK’s agent-backed portal backs its agents in listing fee freeze commitment OnTheMarket plc, the agent-backed company which operates the OnTheMarket.com property portal, announces today that it will not increase listing fees in 2020 for any agents on full standard tariff contracts. Agents are facing considerable headwinds: lower than usual transaction volumes; reduced lettings…
Vikki Bennett