Breaking News
easyProperty marries up with The Guild of Property Professionals
As reported in the Daily Telegraph, easyProperty and The Guild of Professional Estate Agents are going through another hat in to the ring of online estate agencies by joining forces. Though stated at 5,000 members in the article which is not really the case as The Guild is more at 500-800 members, easyProperty can be…
Christopher Walkey
Uncertainty related to General Election having its affect on level of housing market transactions says RICS
The latest Royal Insitution of Chartered Surveyors (RICS) UK Residential Market Survey out today headlines Election causing to buyers and sellers “wait and see” Demand from new buyers, new instructions from sellers and confirmed sales decline further in May according to the RICS. They also mention that house price growth across the UK continues to…
Allen Walkey
ZPG becomes 1% shareholder in Propertyfinder Group
According to recent news release from ZPG, they have now become a 1% shareholder in Propertyfinder Group (PFG), the Dubai-based business with leading property portals across the Middle East and North Africa (MENA). PFG was founded in 2005 and is the leading real estate vertical classified in MENA operating in 7 countries. Alex Chesterman, Founder…
Allen Walkey
Annual house price growth falls back in May according to Halifax
Halifax House Price Index (HPI) May 2017 published today headlines ‘Annual house price growth eases again to 3.3%.’ House prices in the three months to May were 3.3% higher than in the same period of 2016. House prices in the three months to May 2017 were 0.2% lower than in the three months to February…
Allen Walkey
Revised Memorandum of Understanding between redress schemes published
The three government approved redress schemes; The Property Ombudsman (TPO), Ombudsman Services: Property and The Property Redress Scheme have today issued a revised version of their Memorandum of Understanding (MOU). Established to support the ongoing communication between the three redress schemes where relevant, the MOU ensures that any agent with an outstanding award with one…
EAN Content
Belvoir on Party Property Promises
Recent news release from Belvoir headlines ‘Party Property Promises’. With just over one day to go before the General Election, Belvoir sets out in brief some of the housing policies that form a large part of each party’s manifesto. Chief Operating Officer, Dorian Gonsalves said “Whilst some initiatives may help some tenants, it is unfortunate…
Allen Walkey
UK RENTS NOW FALL FOR FIRST TIME IN EIGHT YEARS, MAY HOMELET RENTAL INDEX REVEALS
Rents in the UK fell by 0.3% in May compared to the same month a year ago, the first such fall since December 2009; the average monthly rent now stands at £901 Rents in London fell by 3.0% in May compared to May 2016, the most substantial fall for 8 years HomeLet’s May Rental Index…
EAN Content
Average rents fell nationally for the first time in eight years in May 2017 says Homelet
Homelet Rental Index report – May 2017 data published today headlines ‘UK rents fall for the first time in eight years’. Rents in the UK fell by 0.3% in May compared to the same month a year ago, the average monthly rent now stands at £901. Rents in London fell by 3.0% in May compared…
Allen Walkey
The construction sector has snapped back into action in May says CIPS
Construction growth rebounds to 17-month high in May, driven by house building says the Chartered Institute of Procurement & Supply (CIPS) in the latest IHS Markit/CIPS UK Construction PMI survey report. Key findings: Business activity rises at fastest pace since December 2015, Residential work replaces civil engineering as best performing category and Input cost inflation…
Allen Walkey
ZPG welcomes back agents.
ZPG, owner of Zoopla and PrimeLocation, last week reported that the total number of estate agency branches that have now left Onthemarket (OTM) to re-join ZPG over the past two years has now reached more than 800, just the week pevious saw a further 16 agency branches return to ZPG, taking the total number of…
Allen Walkey
‘Rumble with the Agents’ raises £18k for Noah’s Ark Children’s Hospice
On Thursday 25th May 2017 ‘Rumble with the Agents’, an annual white collar charity boxing event in association with Landlord Action and sponsored by Hamilton Fraser, raised £18,000 for Noah’s Ark Children’s Hospice. The sell-out event, which took place at The Holiday Inn Finchley Central, brought together a room filled with property professionals, including estate/letting…
EAN Content
Decrease in house prices will be welcomed by first-time buyers says E.Surv
Figures released yesterday from the Nationwide showed a third consecutive monthly fall in house prices, the longest sustained drop since 2009, the drop has brought down the annual growth in prices to 2.1%, its lowest level in nearly four years. Comments from Richard Sexton, director at e.surv in reponse to the latest Nationwide HPI report:…
Allen Walkey
Surprising rise in proportion of landlords using a letting agent according to NLA
The proportion of landlords who use a letting agent to help manage their property has spiked since the end of last year, according to new research from the National Landlords Association (NLA). Over 60 per cent of landlords say they currently use a letting agent to manage their properties, a rise of seven per cent…
Allen Walkey
Housing market is losing momentum according to Nationwide
Nationwide House Price Index May 2017 released today headlines ‘Further slowing in annual house price growth in May.’ House prices show third consecutive monthly decline for the first time since 2009. Annual house price growth dips to 2.1% from previous 2.6% in April, providing further evidence that housing market is losing momentum. Commenting on the…
Allen Walkey
#PropTechDen invites you to the next event August 3rd 2017
#Proptech Den – August 3rd It’s back and a host of new Proptech startups and judges at Google Campus London on August 3rd 6:15-10pm! Book your free tickets to attend easily on Eventbrite today here: https://www.eventbrite.co.uk/e/proptechden-august-2017-tickets-34502309336 Would you like to be part of the next #PropTechDen (August 2017)? If you would like to pitch your…
Allen Walkey