Breaking News
Belvoir Lettings revenues rise despite ‘uncertain times’
Belvoir Lettings reported income from its franchises rose by 7.1% along with positive figures for organic lettings growth and an increase in sales transactions. Belovoir seem to be ready for the ban on tenants fees that come in to play in June 2019 having extended its assisted acquisition programme including financial services and mortgage advice…
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Midlothian Council gives green light to 544 new homes with 22% affordable housing
CALA Homes and Avant Homes have led the proposals for a 544 new homes project in Mauricewood near to Penicuik, Midlothian. The planning committee of Midlothian Council gave a majority decision to get the project underway that will include 389 detached homes and 52 flats in three-storey blocks. Derek Lawson, land director at CALA Homes, is quoted…
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Catesby Estate unveils plan for new development in Boxford, Suffolk
Boxford in Suffolk, just 15 miles north of Colchester, has unveiled plans for an 80 new home development during a public meeting. Catesby Estates are leading the project for the new estate ‘Weavers Green’ that will be placed just off the A1071 on a farmer’s field (one very happy farmer one assumes)! An outline planning application will…
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16 Affordable homes completed thanks to Cambridgeshire and Peterborough Combined Authority’s
A new development providing 16 affordable homes to help local families has been completed in Littleport that sits just north of Ely in East Cambridgeshire. Families have already started to move in following this latest project by Cambridgeshire and Peterborough Combined Authority’s (CAPCA) affordable housing programme – Five homes have been sold via shared ownership schemes. More…
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Italy falls in to Recession
With two consecutive quarters of negative growth the current situation in Italy is somewhat gloomy with recession hanging over it. The third largest economy in the EU showed a -0.2% fall in the final quarter of 2018 following a -0.1% decrease the previous quarter. There are reports of fear for the future of the EU…
Christopher Walkey
Society of Chartered Surveyors Ireland blame unrealistic price expectations blocking house sales
The Society of Chartered Surveyors Ireland is the independent professional body for Chartered Surveyors working and practising in Ireland. Find out more about them here. A recent news report released by them blames the current trend of over valuing and higher than realistic valuations on property for the slow down in transactions (market trends in…
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Lettings Manager jailed for 3 years after stealing £300,000
‘Kissing stolen cash on CCTV‘ was the nail in the coffin for Robert Parker who was caught on camera stealing more than £300,000 from his estate agent employer ( Nina Estate Agents in Barry). Nina Chivers, owner of Nina Estate Agents, decided to investigate things when a £200,000 tax bill arrived from the HMRC and…
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500 homes planned for Aberdeen suburb
A New coastal community for the Aberdeen suburb of Bridge of Don is planned which will see 500 new homes comes in to the area, of 500+ homes planned for Bridge of Don. The area has seen a big growth over recent years in population to where it now is bigger than neighbouring Banchory, Ellon and…
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Hunters Property report a £39.4m income and 1.4% increase from 2017
Good news fro Hunters Property, a network of over 200 agencies, who have reported an increase of income of £39.4 million in 2018 which is up from 2017 figures of £38.9 million (1.7%). An overview of the year 2018 can be read on the Hunters website here.
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A 2.1% Drop for North-East property prices
Scotland has mostly been reporting fairly solid figures on property prices with a fair bit of optimism in the air over any negative downward trends, though a recent news report headlines with ‘North-east property prices drop by up to 2.1% according to new figures‘ and highlights that house prices are down 1.8% in Q4 of…
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Planning reform is the only way to build more social homes
The greatest obstacle to building more homes remains the slow and expensive planning process. In a speech given to London First Building Summit, Housing Secretary James Brokenshire announced that the Government will make £497 million of funding available to build 11,000 social homes across the country. Arguing that new housing in the capital “will be…
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House Prices starting to slump in Norfolk
Slump is quite an aggressive word to describe house prices as it will bring fear to many and joy for others – downward trends though seem to be now hitting Norfolk following a recent report shared on the Eastern Daily Press Property website reported today. The figures over the last six months have caused these…
Christopher Walkey
Right to Rent makes homeless a ‘non eligible’ house wife
What exactly is ‘Right to Buy‘? Find out more on the official government website here. A recent news story sees the Home Office refuse the eligibility of a Russian lady’s Irish residency card not qualifying her for ‘Right to Rent’ from the Home Office. Though she has right to live in the UK, there is a…
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Northamptonshire Rural Housing Association set to build more affordable homes
Little Addington in Northamptonshire will be the first to see some of the 33 affordable homes due to be built during 2019 following plans released by Northamptonshire Rural Housing Association (NRHA). NRHA’s company secretary, Richard Mugglestone, was quoted as saying: “Affordable properties are vital to the sustainability of our rural communities. The fact that we are…
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Crest Nicholson sells off 200 homes amid fears of housing market uncertainty
A bulk sell off of 200 homes to Major builder reveals discount sale of 200 homes (shared ownership properties) to housing associations has taken place via Crest Nicholson amid fears on what the property market short to mid term effect will be. Many housing associations across the UK are purchasing up both residential and commercial property…
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