Breaking News
“Nationwide registers fifth consecutive month of house price growth below 1%”
Managing Director of One77 Mortgages, Alastair McKee, commented: “While annual house price growth remains below one per cent for the fifth month in a row there has been positive movement in the rate of growth so far this year, and it’s likely that we will see an end to this negative trend come May’s index….
Properganda PR
Clyde Property acquires portfolios of Gordon Shields and Wura Property
Clyde Property have increased their rental offering across central Scotland by acquiring the portfolios of property companies Gordon Shields and Wura Property that sees their total listings going past 3,000 and making it one of the largest letting agency portfolios in Scotland. MD Gary Thomson was quoted as saying: “By purchasing these two portfolios we…
EAN Breaking News
March Price Paid Data from HM Land Registry
This month’s Price Paid Data includes details of more than 88,500 sales of land and property in England and Wales that HM Land Registry received for registration in March 2019. In the dataset you can find the date of sale for each property, its full address and sale price, its category (residential or commercial) and…
HM Land Registery
UK Construction industry output is anticipated to fall by 0.4 per cent in 2019
A recent report shared by the Construction Products Association (CPA) forecasts that the continued Brexit uncertainty will cause a downgrade in industry output for UK construction. This 0.4% fall for 2019 includes the manufacturers and distributors of construction products / materials. This will be a somewhat negative wave of news to hit the sector in…
EAN Breaking News
The London Underground Property Rundown – the most affordable sale and rental spots
Leading independent London estate agent, Benham and Reeves, has looked at the cost of buying and renting across the London Underground, where is home to the most affordable and unaffordable spots and which line tops the table where the property market is concerned. Using data from PropertyData.co.uk, Benham and Reeves crunched numbers on thousands of…
Properganda PR
Landlord fined £2,551.10 for failing to fix problems for tenant
A private landlord has been fined a total of £2,551.10 for failing to deal with standard of a property for their tenant in Cornwall. A Stuart David Donnington who owns and lets out a property at Churchlands, Looe was found to have failed in fixing problems reported by their tenant to include issues with drafts…
EAN Breaking News
2,850 homes approved for Essex
Thurrock Council in Essex has approved plans to build 2,850 homes in a £1 billion project that will see 2,000 new jobs created for local people and a real boost for homes in the county. It should also see that 35% of the homes to be released as ‘affordable‘. This new home regeneration scheme, depending…
EAN Breaking News
Trafalgar Property Group acquires Surrey 1.3 acre development site
A recent cash deal sees Trafalgar Property Group acquiring a 1.3 acre development site with plans to build a new assisted living scheme. The site holds a former nursing home and planning permission granted for 37 units with an option to extend the project by a further 15 (predicted gross development value is around £15.1…
EAN Breaking News
Lords have an honest conversation about the role of SMEs in solving the housing crisis
Lord Bourne’s housing debate shows us how far politicians have come in discussing potential solutions to the housing crisis. Although the debate focussed on modern methods of construction (MMC), passionate speakers made such informed contributions that the Government would do well to act on them. These included considerations around the skills crisis, disability access, the…
National Federation of Builders
Latest delays could derail Crossrail property prices by a further £100k by 2021
The latest research by leading estate agent comparison website, GetAgent.co.uk, has looked at the impact Crossrail has had on the property market surrounding stations due to benefit from the route and how delays to the project’s delivery could impact house prices going forward. When construction first started on the project in May 2009, the average…
Properganda PR
An honest debate about housing is needed
SMEs are integral to solving the housing crisis. Lord Bourne is introducing a home building debate that focuses on driving up supply, reforming the planning process and improving the speed and quality of new homes. Citing the ambitious 300,000 new homes a year figure, Lord Bourne also focuses on modern methods of construction and making…
National Federation of Builders
European property firm snap up 600 Irish homes
LRC Group which is a European property firm has been reported to have paid in and around €150 million to acquire 600 residential and commercial property from Oaktree affiliate (Targeted Investment Opportunities). The deal which will seen LRC Group take ownership of multiple buy to let properties across Dublin, Cork and Galway runs alongside other…
EAN Breaking News
Newham crowned London’s most overcrowded borough for property
The latest research by leading flatshare platform, ideal flatmate, has looked at where is home to the least number of homes to support the local population across each London borough. Using data from the London Datastore, ideal flatmate looked at the population and the total number of dwellings for each borough before looking at which…
Properganda PR
Guinness Partnership take hold of 928 home development site
928 Homes will be offered via an housing association who have purchased a development site next to Leeds Docks – The Guinness Partnership have acquired the said site which will be providing 35% of the portfolio for affordable housing. The Hunslet Road site will see 600,000 sq ft of residential property and commercial space –…
EAN Breaking News
British Land sells off £429 million of Sainsbury’s Superstores
In a deal to appease the current brutal retail sector here in the UK, British Land has agreed to sell 12 Sainsbury’s superstores in order to tackle its sizeable retail assets and get the total that it owns down to 30% of their portfolio. The purchase is coming in from Realty Income Corporation who are…
EAN Breaking News