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Northern landlords top voids list

Written by Estate Agent Networking UK on - Breaking News -

More landlords with property in the North of England experienced a void period in the past three months than in any other UK region according to findings from the UK Association of Letting Agents (UKALA). Fifty three per cent of landlords with property in the North East and North West of England both experienced a […]

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Price of property coming to market reaches record high

Written by Amy Funston on - Breaking News -

  Prices of new-to-the-market property rise by modest 0.4% (+£1,228) this month, but enough to push the national average to a new record of £305,732 Surpasses previous national high of £304,943 set in July 2017 by 0.3%, with six out of eleven regions also hitting new peaks Record monthly visits to Rightmove in March indicate […]

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House purchases by first-time buyers and home movers reaches highest levels for February since 2007.

Written by Allen Walkey on - Breaking News -

UK Finance’s latest mortgage trends update reveals that total homeowner house purchases, which combine both home movers and first-time buyers, reached 50,000, the highest level for February since 2007. Mortgage lending for first-time buyers, home movers and remortgagors increased in February 2018 compared to the previous year according to UK Finance. Commenting on the data, […]

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Number of Landlords re-mortgaging for home improvements reaches record high according to Countrywide

Written by Allen Walkey on - Breaking News -

The latest Countrywide plc Monthly Lettings Index report – March 2018 reveals that the number of landlords re-mortgaging to release money for home improvements has reached a record high. In the last 12 months 9,523 landlords who re-mortgaged their buy-to-let withdrew money for home improvements, that figure is more than triple the number recorded  in […]

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Halifax research reveals ‘Mortgage Freedom day’

Written by Allen Walkey on - Breaking News -

Halifax research reveals that today homeowners have earned sufficient, on average, to cover their mortgage payment for the rest of 2018. This is based on the average annual mortgage repayment cost of £8,039 and the average net annual income of £27,724. Halifax also reveals that there is a wide variation in ‘Mortgage Freedom’ Days across […]

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New taxi advertising campaign for Zoopla

Written by Allen Walkey on - Breaking News -

Property website Zoopla, has launched a new taxi advertising campaign which will see a significant fleet of 250 London cabs fully liveried in Zoopla’s distinctive purple branding for the next 12 months. The Zoopla-branded London taxis, part of an ongoing multi-channel marketing campaign which also includes national TV, print and radio, will continue to highlight […]

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Number of Build to Rent homes across UK up by 30% according to new research

Written by Allen Walkey on - Breaking News -

The British Property Federation (BPF) has published  its first set of annual data on the build-to-rent sector’s growth, which shows the total number of build-to-rent homes complete, under construction and in planning across the UK has increased by 30 per cent in the past year. In the UK there are now 117,893 build-to-rent homes – […]

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Rents across UK show modest rise in 1st Qtr 2018 according to Homelet

Written by Allen Walkey on - Breaking News -

The latest Homelet Rental Index report for March 2018 reveals that the average rent in the UK is now £912, up by 0.9% on the same time last year, when London is excluded, the average rent in the UK is now £759, this is up by 0.1% on last year. Rental prices across the UK […]

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Housing market at it’s weakest in London and South East according to RICS

Written by Allen Walkey on - Breaking News -

The latest RICS UK Residential Market Survey – March 2018 released today reveals that momentum in the UK housing market continues to slow, as buyer demand falls for the twelfth consecutive month. Agreed sales and new buyer enquiries continue to slip at the national level, the national price indicator remains flat, weighed down by London […]

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Prices continue to slide in London and South East according to Home.co.uk

Written by Allen Walkey on - Breaking News -

Latest Home.co.uk Asking Price Index report – April 2018 released today headlines ‘Oversupply Exacerbates London and South East downturn.’ Top of the headlines list in the report is: ‘London and South East prices slide again.’ The report mentions that: ‘Home prices may have nudged up this month across England and Wales but red warning lights […]

 

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