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Twitter thinking about charging users in the near future.
Twitter is growing, in most cases, to be one of the best and most sincere news channels available to users across the world. In times where we know that news stations just broadcast what their political beliefs steer them to share, social media and in particular Twitter, gives people the chance to find out what…
Christopher Walkey
Gross mortgage borrowing in February higher than same month last year according to BBA
The BBA today released their February 2017 figures for the high street banks. It states: Gross mortgage borrowing of £13.4 billion in February was 4.6% higher than in the same month last year. After allowing for repayments, February’s net mortgage borrowing was 2.5% higher than in February 2016. House purchase approval numbers of 42,613 were…
Allen Walkey
Highest house price growth is outside of London according to Hometrack
The latest UK Cities House Price Index – February 2017 from Hometrack released today leads with: City house price growth running at 6.4%, down from 7.8% twelve months ago. London house price growth is at its lowest level since 2013, the annual price increase in the capital is at 5.6% which is acting as a…
Allen Walkey
Housing market has been slowly building up momentum over the last few months according to CML
Press release today from the Council of Mortgage Lenders (CML) headlines ‘Gross mortgage lending £18.2 billion in February’. The Council of Mortgage Lenders estimates that gross mortgage lending reached £18.2 billion in February. Read the CML Gross Mortgage Lending release in full click here. In the Market Commentary report also released today it states: The…
Allen Walkey
Demand for rental properties outstripping supply says Connells
Latest news release published by Connells earlier this week headlined ‘Lettings market stays strong for local lettings agency’. The rental market continues to grow and shows no signs of slowing down, according to local lettings agency Connells. Stephen Nation, Group Lettings Managing Director at parent company Connells Group says, “The current climate in the residential…
Allen Walkey
NORTH TYNESIDE COUNCIL LAUNCHES LANDLORD TRAINING PARTNERSHIP
North Tyneside Council and the National Landlords Association (NLA) have announced a new partnership that aims to bring professional practice to the private rented sector (PRS). The partnership – the first of its kind between a local council and a landlord body – will see North Tyneside Council encourage local landlords to sign up as…
EAN Content
Savills PLC announces record results
Savills plc, the international real estate advisor, today announces record results as the Group benefits from market share growth in key markets and its broad spread of services across the globe. Key Operating Highlights leads: The strength of our key commercial market positions, growth in Investment Management and the resilience of our residential businesses led…
Allen Walkey
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