Breaking News
Interest rates remain at 0.25%
BREAKING NEWS: The Bank of England keeps interest rates on hold at a record low of 0.25%.
Allen Walkey
UK House prices increased 6.9% in yr to October 2016
Statistical Bulletin from the Office for National Statistics (ONS) released yesterday 13th December 2016……House Price Index October 2016. The UK HPI is a joint production by Land Registry, Land and Property Services Northern Ireland, Office for National Statistics and Registers of Scotland. Average house prices in the UK have increased by 6.9% in the year…
Allen Walkey
Greater London remains the UK’s worst performing region
Home.co.uk yesterday released their Asking Price Index headlined ‘London Prices Fall as Supply Leaps in the East and South’ Doug Shephard Director at Home.co.uk said: “Whilst we should expect seasonal price declines at this time of year, it is clear that the UK property market is no longer in great shape. “Brexit is not really…
Allen Walkey
Homelet Rental Index November
The most recently released HomeLet Rental Index (November) states that 2016 to date has seen a slower rate of rental growth, compared to the same period last year. The average UK rental value was £898pcm , this is 3.1% higher than the same period last year (£872pcm). Average rental values have increased in all regions…
Allen Walkey
A First-Time Buyer’s Guide to Buying a New Build
As a first-time buyer, you may feel daunted by the prospect of buying a new home. It’s the most expensive purchase you’re likely to make in your adult life and probably the most complex one too. This article will help you make sense of how to find and buy your new home. Help to Buy…
Christopher Walkey
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…
EAN Content
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…
EAN Content
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…
EAN Content
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…
EAN Content
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…
EAN Content
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…
EAN Content
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…
EAN Content
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…
EAN Content
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…
EAN Content