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The launch of Proptech Den 2017 happens tonight.
The launch of Proptech Den 2017 happens tonight Event location: Google Campus. Ground Floor. Bonhill Street, London Event Date and Time: April 19th 2017. 18:40 – 21:30. Taking things one step beyond, moving with the times and networking in the modern era are some of the ways to describe Estate Agent Networking – Trying to reach…
Allen Walkey
Fall in rental growth is driven by London says Countrywide.
Countrywide PLC Monthly Lettings Index for March 2017 published yesterday headlined – ‘One in five homes let, owned by a company landlord – a record high’. According to the report: In the first three months of 2017 the proportion of homes let by a company landlord reached 20%, a record high. Changes to tax relief calculations…
Allen Walkey
Council of Mortgage Lenders Seminar – Northern Ireland
The Council of Mortgage Lenders seminar ‘The mortgage market in Northern Ireland’ to be held on the 11th May 2017 at The Hilton Belfast. The half-day update will examine a variety of developments, including the latest regulatory issues and legal updates, the seminar will provide examples of best practice from industry experts. About the Event…
Allen Walkey
Average annual rate of house price inflation was 3.3% in March says Your-Move
According to Your Move’s England & Wales latest House Price Index for March 2017, the average house price is now £301,278, a 3.3% increase since last year and 0.5% increase since February. New peak prices were set in 39 of the 109 regions and counties in England & Wales, up from 26 last month and…
Allen Walkey
High-end sale properties in central London remain under pressure says RICS
The Royal Institution of Chartered Surveyors (RICS) today released their Residential Market Survey March 2017 headlined ‘Residential sales still lack impetus’. The survey points out that new buyer enquiries and sales remain flat in March and stock levels hit new record low as number of properties coming to market continues to decline. The picture remains…
Allen Walkey
Vendor confidence benefits from a Spring boost according to Home.co.uk
Home.co.uk released their latest Asking Price Index April 2017 yesterday 12th April headlined ‘Asking Prices Surge on Spring Optimism’. In the report it points out that: Seasonal confidence has raised asking prices by +0.9% for the month of April, the largest monthly rise since March 2016. Year-on-year home price appreciation for England and Wales has…
Allen Walkey
Hunters announces increased revenue in first full year as public company.
Hunters Property Plc, one of the UK’s largest national sales and lettings estate agency businesses, yesterday 12th April announced preliminary results for the year ended 31 December 2016. Leading the Highlights section they stated: Opened 30 new branches, including the conversion of 20 independent estate agency branches so in aggregate 93 new branches, excluding acquisitions,…
Allen Walkey
Number of sales agreed reaching a ten year high in February says NAEA Propertymark
The NAEA Propertymark Monthly UK Housing Report – February 2017 headlines ‘Number of House Sales Agreed Reaches Ten Year High”. The report highlighted: Sales to first-time-buyers dipped in February and supply of available housing increased while demand remained the same. The number of sales agreed rose to a 10 year high in February, to 11…
Allen Walkey
Savills announce that they have acquired Independent Estate Agent Granville Residential
Savills announced yesterday 11th April 2017 that it has acquired Granville Residential, one of the best known independent estate agents covering the Marlow, Maidenhead, Bourne End and Cookham area in Berkshire and Buckinghamshire. Savills stated that Granville Residential joins their network of 89 residential offices across the UK and an international network of over 700…
Allen Walkey
More loans taken out in first 2 months of 2017 than any year since 2007 says CML
News release yesterday 11th April 2017 from the Council of Mortgage Lenders (CML) Monthly Lendng Trends for February 2017 headlined ‘Home buying activity up 7% in February’. The CML data revealed house purchase activity increased month-on-month and year-on-year, driven by first-time buyer activity. Remortgage activity continued year-on-year growth while buy-to-let declined. Home buyers borrowed £8.9bn,…
Allen Walkey
Average house prices in the UK have increased by 5.8% in the year to February 2017
Statistical Bulletin monthly house price inflation released today from Office for National Statistics (ONS) House Price Index (HPI) UK: Feb 2017. The UK HPI is a joint production by HM Land Registry, Land and Property Services Northern Ireland, Office for National Statistics and Registers of Scotland. Average house prices in the UK have increased by…
Allen Walkey
Substantial increase in the number of sales of million pound appartments over last decade.
Latest news release from Lloyds Bank Media Resource Centre 8th April 2017 headlined ‘The ‘High’ Rise Of The Million Pound Appartment’. According to the latest research by Lloyds Private Banking, the number of million pound apartment sales in England & Wales has grown nearly threefold over the past decade, exclusive apartments now account for nearly…
Allen Walkey
ASHFIELD LANDLORDS TO RECEIVE DISCOUNTS IN PROPERTY LICENSING SCHEME
The National Landlords Association (NLA) is encouraging landlords in Ashfield to become accredited to take advantage of discounted property licensing fees. From May 1, landlords in Ashfield will require a licence for every property they let, or they could be subject to a £20,000 fine. The scheme, which is being introduced in Sutton-in-Ashfield and Stanton…
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Confusion as to what new tax changes for landlords will mean says AXA
A recent News & Media release 6th April 2017 from AXA headlined ‘Landlords feel unfairly targeted by tax changes’. In their latest study of UK landlords, AXA reveals that far more believe they will be affected than Government estimates suggest, and almost half plan to quit the rental market by 2020, fearing they are being…
Allen Walkey
Government consultation on banning letting agent fees paid by tenants.
The Department for Communities and Local Government last week 7 April 2017 published a consultation seeking views on the implementation of a ban on letting agent fees paid by tenants. The government announced at the 2016 Autumn Statement that it would consult on introducing a ban on letting agent fees paid by tenants, to improve…
Allen Walkey