Breaking News
‘Home Prices Bounce back’.
home.co.uk today released their October 2016 Asking Price Index headlined ‘Home prices Bounce Back but Supply is on the Rise’. Their report leads: Home prices bounce back – up 0.7% since September, reversing prior falls. more…. The summary section begins: Prices are up across the board this month as optimism rises on the back of…
Allen Walkey
New Headquarters for Zoopla Property Group
Zoopla Property Group Plc (ZPG), owner of the UK’s most-trusted digital platforms including Zoopla, uSwitch and PrimeLocation announced yesterday that it has moved Headquarters, it has moved into its new 45,000 home adjacent to Tower Bridge at The Cooperage, 5 Copper Row, London SE1. Alex Chesterman, Founder & CEO of ZPG said, “This move marks…
Allen Walkey
THIRD OF LANDLORDS WORRIED ABOUT BREXIT EFFECT
More than a third of landlords (35 per cent) think that leaving the EU will have a negative impact on their ability to attract tenants in the future, according to the latest findings form the National Landlords Association (NLA). The findings also show that 39 per cent believe that Brexit will have no significant impact on…
Christopher Walkey
Call for measures to increase number of affordable rented homes
The Chartered Institute of Housing says, in its latest news release published yesterday, ‘The Autumn statement is a chance for the government to turn its commitment to increase supply and affordability into focused action.’ In their submission the CIH calls for measures to significantly increase the number of affordable rented homes across the UK. Gavin…
Allen Walkey
Homebuilding and Renovating Award Winners Announced
If you are considering a self-build property or perhaps buying a house with the idea of changing it into something uniquely you, then the winners of the Homebuilding and Renovating Award from the Daily Telegraph will surely be inspirational. These are people who have created unique and amazing properties – and are also set to…
Alex Evans
£3 billion Home Building Fund
Last week at the Conservative Party Conference, Communities Secretary Sajid Javid announced new housing measures and that a housing white paper will be published later this year with further ‘significant’ measures to meet the government’s ambition of 1million new homes by 2020. As part of the government’s action to tackle the housing deficit and ensure…
Allen Walkey
Mandatory Licencing for estate Agents needed says eMoov
eMoov leads the way to Implement Mandatory Licencing for Estate Agents with a petition to the Government. Russell Quirk, Founder & CEO, eMoov.co.uk says “In this day and age it is simply unacceptable that the estate agency sector continues to go unregulated with absolutely no barrier to entry when choosing to pursue the occupation. “When…
Allen Walkey
Annual house price growth eases.
Halifax House Price Index (HPI) report for September 2016 headlines ‘Annual house price growth eases further to 5.8%’ House prices in the three months to September were 5.8% higher than in the same three months of 2015. Prices in the last three months (July-September) were 0.1% lower than in the preceding quarter. Martin Ellis, Halifax…
Allen Walkey
Landlord challenge at High Court dismissed
This week we reported on Cherie Blair QC, wife of former Labour Prime Minister Tony Blair, representing landlords fighting proposed changes to the tax regime against the Government and HMRC at the High Court. ‘Landlords Oppose Tax Regime Changes’ Yesterday, Cherie Blair QC, argued that the changes were both “unfair and unlawful”, and that the…
Allen Walkey
Rise in buy-to-let mortgages to limited companies
According to the Mortgage for Business 3rd quarter Limited Company Buy-to-Let Index, 63% of applications by landlords purchasing buy to let properties are being made using a limited company structure. It would appear this is mainly in response to the changes to tax relief on mortgage interest announced by the former Chancellor George Osborne in…
Allen Walkey
NO JUDICIAL REVIEW OF SECTION 24 FOR LANDLORDS
Commenting on the High Court decision to the refuse permission for a Judicial Review of Section 24 of the Finance Act, Richard Lambert, Chief Executive Officer at the National Landlords Association (NLA) said: “This decision is ultimately disappointing not just for landlords, but for the tenants who will see their rents rise as a consequence…
Christopher Walkey
INDEPENDENT LONDON AGENT BERESFORD RESIDENTIAL FURTHER EXTENDS ITS SALES & LETTINGS NETWORK
Beresford Residential, one of London’s leading Estate Agencies, has further extended its Sales and Lettings network of branches by opening a new office in West Norwood. Launched in 2009, Beresford Residential has quickly grown to become one of the most successful and highly regarded independent estate agents in South London, consistently making the top 50…
Pound drops to a new 31yr low against US dollar
The Conservative Party conference came to a close yesterday on the same day that the pound sterling hit a 31 year low against the US$. Sterling remained under major pressure as £ dipped under US$1.27 for first time since 1985 & fell to 5-year low against the euro (euro 1.133/£) Earlier in the week the…
Allen Walkey
ONTHEMARKET.COM ACHIEVES RECORD TRAFFIC OF MORE THAN 10M VISITS IN SEPTEMBER
OnTheMarket.com reported yesterday that it achieved a record level of traffic of more than 10million visits throughout the month of September.* The figure of 10million visits is a rise of 79% year on year. In September last year, OnTheMarket.com recorded 5.6million visits. Throughout last month, the portal also delivered a record number of leads to…
Landlords oppose tax regime changes
Cherie Blair QC, wife of former Labour Prime Minister Tony Blair, will represent landlords fighting proposed changes to the tax regime against the Government and HMRC at the High Court on Thursday. She will argue against proposed changes to section 24 of the Finance (No.2) Act 2015, these changes would stop buy-to-let finance costs being…
Allen Walkey