Breaking News
Yomdel announces sponsorship of Estate & Letting Agents Top 1,000 Power League in association with Estate Agent Networking
Yomdel, the market-leading provider of 24/7 managed live chat solutions to the property industry, has joined forces with Estate Agent Networking to sponsor the Estate & Letting Agents Top 1,000 Power League. The listing brings together the most progressive estate agents in the UK, measuring their social media engagement and reach across their communities….
French Property Exhibition at Olympia this weekend
The French Property Exhibition opens this weekend and runs for 3 days, 16-18th September at Olympia Central, London. The three-day event showcases thousands of properties for sale across all regions of France to suit every budget, and brings together estate agents as well as experts from the legal, financial, currency exchange and removals worlds. The…
Allen Walkey
Average rent in England and Wales continues to climb.
According to Your Move Buy to Let Index August 2016: The average rent in England and Wales now stands at £846 per calendar month, the highest figure ever recorded by Your Move. July’s figure is 5.2% higher than last July and 4.4% up on the £810 recorded in June 2016. South East sees rent increases…
Allen Walkey
July Construction output growth flatlined
Figures published by the Office for National Statistics (ONS) showed that In July 2016, construction output was estimated to have shown no growth compared with June 2016. In July 2016, construction output was estimated to have shown no growth compared with June 2016. All new work increased by 0.5% while all repair and maintenance decreased…
Allen Walkey
Borrowers gain confidence from Decisions made after Brexit vote
e.surv Chartered Surveyors mortgage monitor for July headline reads ‘Summer mortgage picture remains mixed for borrowers’. According to the latest Mortgage Monitor from e.surv, the UK’s largest residential chartered surveyor, found that 65,907 mortgage approvals (seasonally adjusted) were issued to buyers during the month. This is 4.9% lower than the number of approvals made in…
Allen Walkey
ONE IN FIVE LANDLORDS TOO EMBARRASSED TO ADMIT IT
One in five landlords are too embarrassed to admit it, according to a recent poll of almost 800 residential property investors*. The findings show that on average 21 per cent of landlords have been too embarrassed to admit it before. Across the UK, more landlords in the East of England and the East Midlands said…
Christopher Walkey
Hunters Property deliver strong results in H1
Hunters Property PLC one of the UK’s largest national sales and lettings estate agency and franchise businesses, yesterday announced its interim results for the six months ended 30 June 2016. On the operational front Hunters opened 17 new branches, expanding the branch network to 180. They acquired two further lettings books in the Manchester area…
Allen Walkey
Zoopla Property Group PLC Trading update
Zoopla Property Group PLC yesterday provided an update on current trading. The Property Services division continues to trade in line with expectations and Management is pleased to report continued growth in the total number of property partners, with UK Agency partner numbers having grown for 16 consecutive months to 13,275 as at 31 August…
Allen Walkey
Auction House sells this year’s 2,000th property in a busy August
Auction House is reporting a busy and profitable August, with a success rate of 82% – a full five percentage points ahead of 2015’s figure of 77% – and a month which included the sale of the group’s 2,000th property this year. The award-winning property auctioneer held seven sales across the country during what is…
Christopher Walkey
Two dates for the diary in September
The New Fiver will be issued on 13 September. Next Interest Rate decision from the Bank of England is due on the 15th September along with Quantitative Easing Asset Purchase Programme. Current Bank Rate 0.25%. Mortgage experts say the recent base rate cut to 0.25% offers an extra incentive to anyone considering moving, as rates…
Allen Walkey
UK residential market experiences a slight upturn in August
The latest UK Residential Market Survey from the RICS out today headlines ‘Rebound in UK housing market following post-EU referendum dip’. The UK residential market experiences a slight upturn in August. According to the latest RICS UK Residential Market Survey for August 2016, it shows a pick-up in confidence, following a significant drop in activity…
Allen Walkey
Barratt Developments release strong full year figures
Barratt Developements PLC released yesterday their Final Results for the year ended 30 June 2016 headlined ‘Another year of strong performance and a positive start to FY17’. Top of the list of highlights they stated: Disciplined growth in housing completions, delivering our highest total in eight years. Commenting on the results David Thomas, Chief Executive…
Allen Walkey
Stronger buyer demand for properties in France
Following a long period of stagnation in house purchase activity across France there now appears to be a pick up in demand. The French economy has performed rather poorly over the last five years, many in France blame the Socialist Government along with President Hollande who is rated as one of the most unpopular Presidents…
Allen Walkey
Halifax (HPI) August 2016
Halifax House Price Index (HPI) August 2016 released today headlines ‘Annual house price growth eases to 6.9%’. Prices in the three months to August were 6.9% higher than in the same three months of 2015. House prices in the last three months (June-August) were 0.7% higher than in the preceding three months, the monthly change…
Allen Walkey
Seminars across UK by Zoopla Property Group
In their latest news release Zoopla Property Group (ZPG) say they are rolling out a series of seminars for their members at eight locations across the UK throughout October. Zoopla Property group which now includes newly-acquired Property Software Group along with uSwitch, Zoopla and Primelocation will hold the seminars at some of the UK’s top…
Allen Walkey