Breaking News
Zoopla’s national spontaneous brand awareness is now at an all-time high according to ZPG
Press release published yesterday by ZPG headlined ‘Zoopla Brand Awareness Reaches New record Highs’ In the release it stated: The latest research conducted by Harris Interactive on behalf of ZPG, reveals that Zoopla’s national spontaneous brand awareness is now at an all-time high, with the gap over Rightmove also at its biggest level ever. In…
Allen Walkey
Government confirms implementation of new measures to crack down on rogue landlords.
ARLA | Propertymark confirmed in a recent news release that new measures are to be implemented under the Housing and Planning Act which will include powers to prosecute and impose significant fines or issue civil notices with penalties of up to £30,000. The new measures which come into force on the 6th April effectively mean…
Allen Walkey
Property Ombudsman backs national approval scheme that protects £51billion consumer spending
Consumers are urged to check if their trader is one of the 43,000 businesses following an approved Code of Practice and listed on the Approved Code Directory The Property Ombudsman scheme (TPO) is backing a national campaign to help more consumers find reputable and trusted businesses and services. Consumers are being urged to check if…
EAN Content
Housing market indicators for January suggested moderate demand which continues to outmatch supply.
Published today from the Land Registry available on the Gov.UK website UK House Price Index summary: January 2017. This is a monthly report that shows changes in average house prices for England, Scotland, Wales and Northern Ireland. Statistics for January2017 show that the average price of a property in the UK was £218,255. Housing market indicators…
Allen Walkey
Hunters Property PLC aquires Besley Hill
Hunters Property PLC today announces the acquisition of the franchising business and related assets of Besley hill Franchising Limited. Hunters Property Plc is one of the UK’s largest national sales and lettings agency and franchise businesses, Besley Hill is one of the leading Estate Agents in Bristol and Gloucestershire operateing from 15 offices across four…
Allen Walkey
LANDLORDS TO STAND BY AGENTS IN WAKE OF TENANT FEES BAN
The majority of landlords (71 per cent) who use a letting agent will continue to do so even if they see their premiums rise following a ban on tenant fees, according to a recent survey.* The research, from UKALA, shows that eight in ten landlords (79 per cent) think their letting agent will increase their…
EAN Content
Midlands leads the country as price of property coming to market jumps 1.3%
Price of property coming to market increases by 1.3% (+£3,877) this month, the same average rise as in buy-to-let-boosted March 2016 Monthly rise of this size has only been exceeded once at this time of year since 2007 Modest annual growth of 2.3% compared to 7.6% in March 2016, highlighting slower pace of increase…
Rightmove
Relatively slow house price growth in Scotland benefits first-time buyers
The latest House Price Index from Your Move released 17th March headlined ‘Scottish house prices inching higher‘. Average house prices in Scotland edged up 0.1% in January and grew 1.5% annually. The report states: Higher value properties and first time buyers drive transactions and prices. Christine Campbell, Your Move managing director in Scotland, said: “Relatively…
Allen Walkey
Increase in number of remortgages Q4 2016 according to Paragon Mortgages
Recent press release from Paragon Mortgages headlined ‘Brokers see surge in remortgages as borrowers opt for longer term fixed rates’. Paragon Mortgages’ latest Financial Advisors Confidence Tracking (FACT) Index report has identified a shift in type of mortgage borrower in 2016, with remortgage business increasing in each quarter. In the Q4 2016 report it states…
Allen Walkey
Interest rates remain on hold at 0.25%
Bank of England – Monetary Policy Committee (MPC) Announcement and Minutes 16th March 2017. The MPC voted by a majority of 8-1 to maintain Bank Rate at 0.25% at their meeting ending 15 March 2017. The Committee voted unanimously to continue with the programme of sterling non-financial investment-grade corporate bond purchases, financed by the issuance…
Allen Walkey
Housing Statistical Release including right to buy and transfers
Official statistics on the number of sales of dwellings under the Right to Buy scheme in England – October to December 2016 released from the Department for Communities and Local Government 16th March 2017. The release presents official statistics on the number of sales of dwellings under the Right to Buy scheme, as well as providing…
Allen Walkey
BNP Paribas in takeover talks with estate agent Strutt and Parker
It is being reported on various media outlets that BNP Paribas France’s largest bank is in takeover talks with upmarket estate agent Strutt & Parker. It would appear from reports that discussions over a deal have been ongoing for a number of months, the French bank has taken a keen interest in buying the estate…
Allen Walkey
New government grant to tackle homelessness
Announcement from the Department for Communities and Local Government and Marcus Jones MP yesterday 15th March on the Gov.UK website headlined ‘New grant for council homelessness services’. The government is transforming the way councils fund homelessness services, giving them greater flexibility to prioritise homelessness prevention, Communities Minister Marcus Jones has confirmed. The new grant will…
Allen Walkey
Landlords warned about using free classifieds ads via “Nightmare Tenants, Slum Landlords”
“Nightmare Tenants, Slum Landlords” airs its second episode of the third series night (Wednesday 15th March) at 9pm on Channel 5 which explores the fallout one landlord faces after deciding to let her property through Gumtree. Despite not knowing much about how Gumtree operates, Vicki McNaught made the decision to list her property on the…
EAN Content
Loans for house purchase at a near 2 year low in January according to CML
New data for January released yesterday by the Council of Mortgage Lenders (CML) headlined ‘Home buying activity declines in January’. In January, home buyers borrowed £8.4bn, first-time buyers borrowed £3.6bn for home-owner house purchase, home movers borrowed £4.9bn. In the report CML stated: The number of loans advanced for house purchase in January was at…
Allen Walkey