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How to Sell Your House Online and the Benefits It Brings
The internet has become a popular place for homeowners to list their properties. Not only is it really convenient and often cheaper, but it’s also where the majority of potential buyers tend to hang out. The popularity of online listings has even led to the development of online estate agents. No longer do you need…
Christopher Walkey
Purplebricks announces interim results.
Purplebricks PLC today announces its interim results for the six months ended 31 October 2016 headlined ‘UK achieves maiden EBITDA profit, plans to accelerate market share growth‘. Commenting on the results, Michael Bruce, CEO stated: “Our strong results are testament to the seismic shift that is underway in the estate agency market. We continue to…
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Zoopla property group announce aquisition and exclusive partnership
Zoopla Property Group announced on the same day as their results last week that they had acquired leading estate agent website design and hosting business Technicweb and had invested and signed an exclusive partnership with connected home insurance provider, Neos. Alex Chesterman, Founder & CEO of ZPG said, “We are delighted to announce that we…
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Telford Homes announced interim results this week
Telford Homes Plc, the residential property developer focused on non-prime London, announced this weekÿ its interim results for the six months ended 30 September 2016. Jon Di-Stefano, Chief Executive of Telford Homes, commented:ÿ “Telford Homes is in a very strong position with over 700 million of forward sales secured and a substantial development pipeline.ÿ The…
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NAEA announce the speakers at their 2017 annual national conference
The National Association of Estate Agents (NAEA) this week announced the speakers at their 2017 Annual National Conference. The event, on 9th February at 155 Bishopsgate in London is the largest annual conference of its kind and a key calendar event for those working within the estate agent industry in the UK. The line-up features…
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Rents projected to rise significantly says ARLA
ARLA in their press release yesterday warned that rents are projected to rise significantly with the introduction of Letting Agent fees and Tax changes that will come into effect soon, they state in their October Private Rental Sector (PRS) report that supply of rental properties and demand from tenants dropped in October. David Cox, Managing…
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House price growth eases slightly in November
Nationwide today released their House Price Index (HPI) for November headlined ‘Annual price growth slowed further in November.’ Annual house price growth slowed slightly to 4.4%, from 4.6% in October. House prices increased by 0.1% month on month in November. Commenting on the figures, Robert Gardner, Nationwide’s Chief Economist, said: _UK house prices increased by…
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Buy-to-let insurance claims soar in wake of Storm Angus
Buy-to-let specialist insurer Simple Landlords has reported a surge in calls from landlords whose investment properties were damaged by Storm Angus. Angus, the first named storm of the season, hit the UK last Sunday with winds up to 97mph recorded across southern England. Simple Landlords received 40% more claims on the Monday and Tuesday following…
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Increase in number of housing starts
Housing starts on site and housing completions delivered by the Homes and Communities Agency in England, part of Housing Statistics published yesterday. In the period 1 April to 30 September 2016 (the first half of 2016-17): A total of 14,007 homes started on site, representing an increase of 2,657 or 23 per cent compared to…
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Another very successful year for ZPG
Zoopla Property Group Plc today announces its full year results for the twelve months ended 30 September 2016. The announcement headlined ‘ZPG DELIVERS RECORD REVENUES AND PROFITS’ Commenting on today’s announcement Alex Chesterman, Founder & CEO of ZPG said: “The Group has had another very successful year and we are stronger and more diversified than…
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Mortgage approvals ticked up a little in October
The BBA last week published a news report in the BBA Voice sectionÿ headlined ‘Confident consumers key to post-referendum economic performance High Street Banking Statistics, October 2016’ In a section of the news report it interestingly states:ÿ Mortgage approvals ticked up a little in October.ÿ There has, however, only been a relatively modest increase in…
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Increased funding for Rough sleeping fund
Crisis is the national charity for homeless people. They are dedicated to ending homelessness by delivering life-changing services and campaigning for change. As part of the Autumn statement the Chancellor announced a further 10 million funding over two years to the Rough Sleeping Fund. Jon Sparkes, Chief Executive of Crisis, said: _We welcome the Government_s…
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Paragon Group report strong results in a transitional year
The Paragon Group of Companies PLC the specialist lender and banking group last week announced its full year results for the year ended 30 September 2016. Commenting on the results, Nigel Terrington, Chief Executive of Paragon, said: “I am pleased to report a strong set of results in which we significantly increased revenue, strengthened net…
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Highest level of sales on record to first-time buyers says NAEA
Press release today from the National Association of Estate Agents (NAEA) headlines ‘Sales to first time buyers at highest level on record’.ÿ Mark Hayward, Managing Director, National Association of Estate Agents (NAEA) comments on the findings: _This month_s report paints a positive picture for the UK housing market. Our findings over the last few months…
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Belvoir Post Brexit Rental Index
Belvoir recently released it’s 3rd Qtr Post-Brext Rental Index. The Rental Index released on the 22nd November offers a view of the rental market from their 170+ strong network, covering all corners of the UK. Chief Operating Officer, Dorian Gonsalves said _This is Belvoir_s first post-Brexit rental index and the results, together with a survey…
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