Breaking News
London sees the lowest annual price rise.
UK House Price Index for October 2017 from HM Land Registry published today. The UK House Price Index (UK HPI) shows house price changes for England, Scotland, Wales and Northern Ireland. October 2017 data reveals: An annual price rise of 4.5%, which takes the average property value in the UK to £223,807. House prices have…
Allen Walkey
Numbers of new sales instructions jump 11% across the UK according to Home.co.uk
Latest Home.co.uk Asking Price Index report December 2017 released today headlines ‘Sales Supply Jumps as Rental Supply Falls.’ The headline section leads: The number of new sales instructions has jumped by 11% across the UK while the supply of rental properties has fallen by 16% (Nov 2017 vs. Nov 2016). The report reveals that the…
Allen Walkey
2018: A tale of different markets leads to Rightmove forecast of +1%
National average forecast of 1% growth in new seller asking prices in 2018 as the net result of upwards price pressures in some sectors and locations mitigated by negative price forces in others: Price growth in lower and middle sectors of the market set to continue in 2018, with Rightmove forecasting average growth of…
Rightmove
Housebuilder Berkeley Group announced a rise in pre tax profits
Last Friday 8th December 2017 The Berkeley Group Holdings plc announced its unaudited interim results for the six months ended 31 October 2017. The company posted a 36% rise in their pre-tax profits to £533.3m in the six months to 31 October, also revenue grew 14% to £1.6bn. The housebuilder upgraded its long-term forecast off…
Allen Walkey
Key conference brings experts together to speed up house building
Housing and Planning experts from the Essex Developers Group (EDG) and the South Essex Housing Group discussed how to fix the UK’s ‘broken market’ at a special conference. Developers, contractors, consultants, local housing companies, housing associations, Essex County Council and district and unitary authorities, descended on Orsett Hall in Thurrock, on 21 November, for the…
EAN Content
Demand for new homes remains strong according to NHBC
The latest new home registration statistical report from NHBC reveals new home registrations continue to increase on 2016 levels. The report states: More than 13,500 new homes were registered to be built in October, according to NHBC’s latest new home registration statistics, an increase of 12% compared to a year ago. 13,583 new homes (10,455…
Allen Walkey
UK house prices increase for the fourth consecutive quarter according to Halifax
Latest Halifax House Price Index report – November 2017 released today headlines ‘Annual House Price Growth Eases to 3.9%’ The report reveals house prices in the three months to November 2017 were 2.4% higher than in the three months to August 2017. House prices rose by 0.5% between October and November, following a 0.3% increase…
Allen Walkey
Barratt London partners with The Happy Tenant Company to offer free property management
Residential asset management firm The Happy Tenant Company (HTC) and housebuilder Barratt London have formed a partnership. Over the next three months, they will be offering free property management to existing and potential HTC members looking to expand their buy-to-let portfolios from three Barratt London schemes*. The partnership will initially be rolled out on Barratt…
EAN Content
Anscombe & Ringland are now Chancellors
London’s local estate agent, Anscombe & Ringland, are excited to announce that they will soon be known as Chancellors. Anscombe & Ringland has always had the support and resources of one of the largest independent estate agents in the UK, the Chancellors Group. Being a member of this group has formed part of Anscombe &…
EAN Content
£25 million of government support to deliver more homes
In a recent press release from the Department for Communities and Local Government and Alok Sharma MP, it was announced ‘Government unlocks £25 million to deliver more homes.’ A new £25 million fund has been launched to help local authorities to deliver the high quality, well designed homes that this country needs. Housing and Planning Minister…
Allen Walkey
128,000 children in Britain will be homeless on Christmas day according to a new report by Shelter
A shocking 128,000 children in Britain will wake up homeless and in temporary accommodation this Christmas, a new report by Shelter reveals today. One in every 111 children is currently homeless, and with the country still at the mercy of a worsening housing crisis, 2017 has seen the highest numbers of homeless children in a…
Allen Walkey
Continued access to skilled EU workers is important to deliver on the Government’s housing targets
New Research from the House Builders Federation (HBF) published yesterday 5th December 2017 illustrates importance of EU workers in building the country’s homes. The report states: Housebuilders in England are heavily reliant on foreign labour and will need continued access to skilled EU workers post Brexit to deliver the Government’s housing targets an extensive new…
Allen Walkey
ARLA Propertymark reveals trends and expectations for 2018
In a press release yesterday from ARLA Propertymark, they analyse their lettings data for 2017 to reveal trends and expectations for 2018. To read ARLA Propertymark’s 2017 overview of the private rented sector in full click here David Cox, Chief Executive, ARLA Propertymark comments on the findings: “It was always going to be an interesting…
Allen Walkey
NAEA Propertymark reveals trends and expectations for 2018.
In a press release yesterday from NAEA Propertymark they analyse their sales data for 2017 to reveal trends and expectations for 2018. To read NAEA Propertymark’s 2017 overview of the housing market in full click here. Mark Hayward, Chief Executive, NAEA Propertymark comments on the findings: “2017 has been a busy year for the property…
Allen Walkey
Construction output rise is led by housing
The Latest IHS Markit/CIPS Construction PMI report – November 2017 rose to 53.1, up from 50.8 in October and beating forecasts of 51.2. The report out today headlines ‘Construction output rises at fastest pace for five months, led by housing’, the report mentions that the improvement in construction growth was largely confined to residential work….
Allen Walkey