Breaking News
Hamilton Fraser to roll out property podcasts throughout 2017
Hamilton Fraser, parent company to mydeposits, the Property Redress Scheme, Client Money Protect and Total Landlord Insurance, has launched a series of property podcasts with Brand Ambassador, Paul Shamplina, and Managing Director, Eddie Hooker, covering key topics in the private rented sector. The audio podcasts are released every month and cover the latest landlord, tenant…
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Migration Watch report “misfires on all cylinders”, says Property Personnel
The Managing Director of the UK’s oldest estate agent recruitment consultancy has slammed a recent report which claims a cap on skilled migrants does not hamper the ability of British businesses to recruit. The report by Migration Watch, which campaigns for lower immigration, accuses British businesses of crying wolf over the impact of a cap…
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Persimmon announces ‘sales up’ in their trading update
Persimmon plc yesterday announced an update ahead of their Final Results for the year ended 31 December 2016, which will be released on 27 February 2017. Read the Persimmon PLC trading update in full click here. Persimmon the York-based housebuilding giant saw its year-on-year sales rise 15 per cent in the last six months of…
Allen Walkey
Savills anticipate no price growth over the next 2 years for prime London
News release published yesterday 5th January from Savills headlined ‘Realistic pricing delivers a boost to prime London Sales volumes’. Savills the International Real Estate Adviser stated, higher taxes and political and economic uncertainty continued to suppress prime London residential values throughout 2016, but as prices became more aligned with buyer expectations of value so the…
Allen Walkey
NHF repsonds to new £7bn fund for affordable homes
In a press release yesterday, David Orr, Chief Executive at the National Housing Federation (NHF) responded to the announcement made by the DCLG of the £7bn fund for affordable homes by saying: “We are delighted to start the new year on such a strong footing with such a clear show of faith from the Government…
Allen Walkey
Private renters would like their tenancy to be longer
Recent news release 3rd Jan: from Citizens Advice reveals 2 in 5 people living with their children in privately rented homes have a tenancy of 6 months or less. Analysis by the national charity finds 1 in 3 private renters would like their tenancy to be longer, rising to 2 in 5 amongst those with…
Allen Walkey
Positive end to the year signalled by UK Construction companies
‘New order growth hits 11-month high in December’ is the headline of the most recent Markit/CIPS UK Construction PMI published yesterday 4th January. UK construction companies signalled a positive end to the year, led by the fastest rise in new order volumes since January 2016. At 54.2 in December, up from 52.8 in November, the…
Allen Walkey
Aston Mead welcomes New Year housing initiatives
Leading land agent Aston Mead has welcomed two government initiatives launched this week, which will create tens of thousands of new homes across the country. The company was responding to plans for 14 new villages and 3 ‘garden’ towns in England announced on Monday, as well as details for thousands of new discounted starter homes…
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Mortgage approvals at 8 month high in November
UK mortgage approvals rose to an eight-month high in November, a rise of 0.19% from October, according to Bank of England (BoE) lending statistics out today. Lending secured on dwellings increased by £3.2bn in November, broadly in line with the average over the previous six months. The number of approvals for remortgaging hit an eight…
Allen Walkey
Replacement mortgages for HTB: mortgage guarantee scheme
Aldermore has introduced new residential mortgage products as well as new first-time buyer deals following the closure of the Help to Buy (HTB) mortgage guarantee scheme. Commenting on the new product range, Charles Haresnape, Group Managing Director, Mortgages, at Aldermore, said: “Our new products for 2017 offer something for everyone, whether it is lower rates or…
Allen Walkey
Construction of thousands of new starter homes
Announcement today from Department for Communities and Local Government and Gavin Barwell headlines ‘Green light for construction of thousands of new Starter Homes’. Housing Minister Gavin Barwell has confirmed today that 2017 will see the first Starter Homes being built on brownfield sites across the country. These new homes will be built exclusively for first-time…
Allen Walkey
Land registry Price paid data November 2016
Announcement published on the GOV.UK website on the 30th December 2016 from the Land Registry ‘November 2016 Price Paid Data’ Land Registry Price Paid Data tracks land and property sales in England and Wales submitted to them for registration. This month’s Price Paid Data includes details of 98,279 residential and commercial land and property sales…
Allen Walkey
A shift to building more family homes
The latest report from the Home Builders Federation (HBF) published on Friday 30th December underlines how housing supply has rebounded since the shattering financial crash of 2008/09 that saw many house builders disappear and others shedding up to 50% of their staff. According to the (HBF) report headlined ‘Goodness Spacious Me’, the number of bedrooms…
Allen Walkey
Garden Towns and villages to be built across England
Announcement released today on GOV.UK website from Department for Communities and Local Government and Gavin Barwell headlines ‘First ever garden villages named with government support’. The first ever garden villages, which have the potential to deliver more than 48,000 homes across England, have been given government backing. Locations have been approved from Cornwall to Cumbria,…
Allen Walkey
New annual fund for communities affected by second homeownership
A recent announcement on the Gov.UK website from the Department for Communities and Local Government and Gavin Barwell MP headlined ‘£60 million boost for communities affected by second homeownership’. New annual fund to help almost 150 councils tackle the problem of high levels of second homeownership in their communities. Housing Minister Gavin Barwell said: “The…
Allen Walkey