Breaking News
Australia is predicted to see the world’s biggest drop in property prices
Surely far enough away from the Brexit fiasco, reports on Australian property prices are predicting a jaw dropping decline in value. Headlines on Finance Nine AU website state: “Australia to see world’s biggest drop in property prices, predictions say” A reported 11% slump in prices is quoted with Australian suburbs to be hardest hit. Across…
EAN Content
Permitted development is a product of planning mismanagement
Baroness Thornhill has expressed her disappointment on how permitted development rules remain an example of top down planning. She argued that elected councillors and officers are better judges than ministers or civil servants on balancing the need for employment space with providing new homes. The Liberal Democrat peer referenced her own time as mayor of…
rdtsystems
Council to borrow £50 million to pump into more property
Mid Suffolk and Babergh councils are at the centre of more property investment news as they seek to pump £50 million in to further property purchases. We all know about the ever increasing demand for social housing that councils face so plans to invest in more potential housing sounds good. Councils are also safe guarding…
EAN Content
Banks Long & Co closes deal on a new 469 bedroom student community
Lincoln based property consultant, Banks Long & Co, is set to work on a multi million pound new development to supply a 469 bedroom student community next to Valentine Retail park. The development will be delivered by Castle Square Development. Managing Director Tim Bradford said: “We advised Castle Square Development to finance the development through…
EAN Content
London asking rents hit record high as available properties dwindle
-Average asking rents in London rose to an all-time high by the end of 2018, surpassing the previous peak from almost three years ago in Q1 2016 Asking rents in the capital are now increasing at an annual rate not seen since Q1 2015 Compared with this time last year, available rental stock in London…
Rightmove
UK House Price Index November 2018
The November data shows, on average, house prices have fallen by 0.1% since October 2018. There has been an annual price rise of 2.8%, which makes the average property in the UK valued at £230,630. England In England, the November data shows on average, house prices have fallen by 0.1% since October 2018. The annual…
EAN Breaking News
Skipton extends expat lending to include studio apartments
Skipton International has responded to the increasing demand for all types of investment buy-to-let property, by extending the terms of its mortgage proposition to include studio apartments valued at £250,000 and above. Broadening the scope of its lending criteria will offer Skipton’s customers a wider range of potential buy-to-let investment opportunities and strengthen its position…
EAN Content
Harry Rednapp From ‘The Jungle’ to ‘Tenant Evictor’
Harry Rednapp, a popular football pundit and recent star of I’m a Celebrity get me out of here, is said to be looking to turn his Belgravia Hotel in Bournemouth in to luxury apartments. Harry Rednapp was recently voted as ‘King of the Jungle’ elevating his already popular character to a wider audience. Always a favourite…
EAN Content
House prices in Ireland have risen 83% since 2013
Astonishing figures recently released by the Central Statistics Office shows that house prices have sky rocketed 83% since 2013 in Ireland with Dublin seeing figures doubled since 2012 and reporting in with a 96% increase. The pace of increase is said to be slowing though still with no immediate adjustment in property values – mixed…
EAN Content
Bristol City Council prosecutes Property owner re Japanese Knotweed
Japanese Knotweed is a pest within weeds, an unwanted and fast-growing with strong clump-forming perennial – A nightmare for any property owner to deal with as it can cause structural damage. A recent case of the spread of Japanese Knotweed saw Bristol City Council prosecute a property owner for allowing this plant to spread from…
EAN Content
Newham council considers £3 billion plan to create new ‘town’
A massive pot of £3 billion is being considered by Newham council for the creation of a new town within Docklands that could see 5,000 homes, workspace, shops, restaurants / bars, a primary school and a brand new DLR station. The location is the former Carlsberg brewery building in Silvertown and has Foster & Partners…
EAN Content
Mortgage and Credit Card borrowings on decline says BoE
Some may say it is the winter slowdown, others will blame it on Brexit and some will think it is both combined, but Bank of England has recently warned of a decline in credit card spending with another negative of -17.5 in the final quarter of 2018 for new mortgages taking place. The worst Christmas for…
EAN Content
Making construction a period dignified environment
Increased awareness about periods is the best way for industry to improve its working practices. Unite the union has conducted a survey of 2,000 women working across the construction industry about their experiences with period dignity. 65% of those who responded said their employer had failed to make adjustments to accommodate their needs as female…
rdtsystems
Yorkshire Property firms with 200 years of history agree merger
Nearly 200 years of trading history will join together in order to strengthen their presence in the region of South Yorkshire and beyond with Barnsdales and Swift & Co merging. Barnsdales are said to be incorporating Swift & Co and their team by moving them over to a their city centre office in Sheffield. With…
EAN Breaking News
Council refuses plans to build 280 homes
Tendring District Council recently refused the plans to build 280 new homes along with a primary school and offices in Weeley – The developers have now lodged an appeal with the Planning Inspectorate following the plans being stated as ‘disproportionate growth for Weeley’. Full story on East Anglia Daily Times website.
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