Breaking News
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
HomeLet Rental Index August
HomeLet Rental Index out today headlines ‘Rental growth sustained across UK during August’ The report leads by stating: Rents rose at a modest pace during August, up by an average of 3.1 per cent year-on-year, across the UK as a whole. Commenting on the report, Martin Totty, Barbon Insurance Group’s Chief Executive Officer, said: “The…
Allen Walkey
Qualification requirements for Scottish Letting Agents
Letting agents in Scotland will see significant changes over the coming years with the introduction of a Letting Agent Code of Practice and Client Money Protection (CMP). The Association of Residential Letting Agents (ARLA) has introduced qualifications to ensure Scottish letting agents are equipped for such regulatory change that is expected to come into force…
Allen Walkey
Top performing schools add value to homes.
A news article from Savills yesterday on their website headlined ‘Top Schools add up to 20% to house prices’. They stated in the introduction that: Homes in the vicinity of the top performing independent schools command a 25 per cent over the average for their region, while the clamour for homes close to the best…
Allen Walkey
SIX BRANCH ESTATE AGENCY FIRM JOINS ONTHEMARKET.COM
Andrew Milsom Estate Agents, specialists in sales and lettings in Buckinghamshire and Berkshire, has joined OnTheMarket.com. Established for more than 25 years, Andrew Milsom Estate Agents has a total of six branches. The firm will now be listing all of its properties for sale and to rent at OnTheMarket.com and Rightmove, after removing its properties from…
Impact of Brexit on London Housing Market
Tonight at 7.30pm on BBCOne Inside Out London, Mark Jordan looks at impact of Brexit on the London housing market. The programme presented by Matthew Wright looks at various ways Brexit will affect the future of London. Mark Jordan asks if cash-strapped first-time buyers currently priced out of the market stand to benefit from…
Allen Walkey
Brexit Triggers Drop in Commercial Property Fees
Major property specialist Savills has experienced a serious fall in its income from UK commercial transaction fees across the first half of the year. The drop, representing nearly a quarter of its income from such fees, is being taken as an indication of how much the market has slowed as a result of the EU…
Mark Burns
Fixflow part of trade mission to United States
London Mayor Sadiq Khan will soon be jetting off to the United States on an International trade mission organised by the Mayor’s International Business Programme and London & Partners, a scheme revealed by Khan’s predecessor Boris Johnson in February. Accompanying the Mayor on the seven day trade mission in October will be a 23 strong…
Allen Walkey
TPO launches online survey for UK lettings industry to support the Government’s CMP review
Lettings agents are being invited to take part in a national online survey which launches today (1st September) to support the Government’s review into Client Money Protection (CMP) insurance. The Property Ombudsman scheme (TPO), offered to undertake the UK wide survey following discussions with Baroness Hayter, joint Chair of the DCLG review into CMP. While…
Christopher Walkey
New home registrations up overall reports NHBC
According to the NHBC latest new home registration statistics a total of 41,222 new homes were registered by in Q2 throughout the UK. In the private sector 31,753 new homes were registered, a 6% increase on the 30,086 a year ago. The public and affordable sector was down 13% with 9,469 new homes registered compared…
Allen Walkey
Increasing Housebuilding in England a major challenge
Report released by the Charity Shelter in August headlined ‘Achieving the Ambition’ In summary they mention: It is widely recognised that increasing housebuilding to the level now required is a major challenge. If we are entering a period of economic uncertainty following the vote to leave the EU then that challenge will be magnified. However…
Allen Walkey