Breaking News
Twitter lovers everywhere – You now have 280 characters to Tweet with!
A big move by Twitter and a most welcome one for many, they have now increased the amount of characters you can have per tweet from 140 to 280! It has been for a long time a particular annoyance to many avid Twitter users that they were unable to express themselves fully in each tweet…
Christopher Walkey
ZPG announces over 10 million app downloads of its property apps.
ZPG owner of Zoopla and PrimeLocation announced this week the significant milestone of reaching over 10 million app downloads of its property apps. ZPG states it launched its first app in Aug 2011 and has continuously innovated, improved and introduced new services and tools across both its Android and iOS apps which have now been…
Allen Walkey
Shelter reveals more than 300,000 people in Britain homeless today
The number of people recorded as homeless has reached a staggering 307,000 – more than the entire population of Newcastle – a shocking new report by Shelter reveals today. In the most extensive review of its kind, the housing charity combined official rough-sleeping, temporary accommodation and social services figures. This showed the number of…
Allen Walkey
Annual rate of house price growth has continued to rise for the third month in succession according to Halifax
The latest Halifax House Price Index report – October 2017 released today headlines ‘Annual House Price Growth Rises to 4.5%’ House prices in the three months to October 2017 were 2.3% higher than in the three months to July 2017. Prices in the three months to October were 4.5% higher than in the same three…
Allen Walkey
A lack of understanding by FTB’s around house buying process and the associated costs says Aldermore
According to the latest research from Aldermore’s Q3 2017 First Time Buyer Index, they mention that there is a real lack of understanding around the house buying process and the associated costs amongst those looking to buy their first home. Charles McDowell, Commercial Director, Mortgages: “It is clear there is a divergence between perception and…
Allen Walkey
Gazing in to the Mirrior – I spy Homerenter:
Call it PropTech, shaking up the industry, entrepreneurial, mad investors, quick buck or simply a brilliant idea though what ever the term you wish to use there is another player on the market in the online / hybrid space – Homerenter. Online property lettings is the service on offer and this team comes with the…
Christopher Walkey
Council advises tenant to break back into landlord’s property
It has been widely reported that in a bid to cope with Britain’s housing shortage, councils often advise tenants facing eviction, and in need of social housing, to stay put in buy-to-let properties when landlords ask them to leave. This is because, with resources already stretched, councils are reluctant to rehouse tenants until they are…
EAN Content
One third of private renters are worried they will have to move home in the next year according to Generation Rent
One third of private renters are worried they will have to move home in the next year, according to a new Survation poll commissioned by Generation Rent. In a recent blog from Generation Rent posted by Dan Wilson Craw it mentions: ‘With home ownership unaffordable and council housing unavailable, private renters are living longer in…
Allen Walkey
Belvoir wins franchise of the year gold award
Belvoir Lettings plc the UK’s largest property franchise, has announced today that Belvoir was crowned Franchise/ Network of the Year a London property Awards. Commenting on Belvoir’s award win, the judges said: “Largest doesn’t always mean best, but this business supports its franchisees, developing offices and people, and building business so that they all reap the…
Allen Walkey
Average UK house price growth expected to slow over next 5 years says Savills
A recent research report from Savills the International Real Estate Adviser reveals that: Average UK house price growth is expected to slow to 14 per cent over the next five years, but there will be marked differences between and within regions. In their key numbers section they mention, 2018-2022 average UK house price growth forecast…
Allen Walkey
Housing Market to suffer with interest rate rise, Brexit looming and more… ?
“Inflation has been creeping up and The Bank of England’s Monetary Policy Committee has increased interest rates to 0.5% to compensate, despite the annual growth rate being at its weakest for four years. A 0.25% rise is not going to have a significant impact on the economy as a whole, but it will further depress…
EAN Content
Bank of England announces increase in Bank Rate to 0.50%
Announcement from the Bank of England today: Bank Rate increased to 0.50%. At its meeting ending on 1 November 2017, the Monetary Policy Committee voted by a majority of 7-2 to increase Bank Rate by 0.25% to 0.50%. The Committee voted unanimously to maintain the stock of sterling non-financial investment-grade corporate bond purchases, financed by…
Allen Walkey
Following recent public consultation the draft Tenants Fees Bill now published
The Department for Communities and Local Government yesterday 1st November 2017 published a Policy Paper ‘Draft Tenants Fees Bill’ The draft Tenant Fees Bill sets out the government’s approach to banning letting fees paid by tenants. The draft bill will make renting fairer and easier for tenants by allowing them to see upfront what a given…
Allen Walkey
House price growth picked up slightly in October according to Nationwide
The latest Nationwide House Price Index – October 2017 released today headlines ‘Slight pick up in annual house price growth in October.’ The report reveals that annual house price growth picks up to 2.5% which is up on previous month at 2.3%. Monthly change shows an increase of 0.2%, down from 0.4% in September. Commenting…
Allen Walkey
Estate agents would welcome changes to buying and selling process according to naea | propertymark
The latest Monthly UK Housing Report – September 2017 from naea|propertymark reveals that: In September, supply and demand for housing was up, but sales agreed remained flat, as eight in 10 estate agents argued that the home-buying process is outdated. Sales to first-time buyers (FTBs) remained the same as the previous two months, as well…
Allen Walkey