Breaking News
Number of Build to Rent homes across UK up by 30% according to new research
The British Property Federation (BPF) has published its first set of annual data on the build-to-rent sector’s growth, which shows the total number of build-to-rent homes complete, under construction and in planning across the UK has increased by 30 per cent in the past year. In the UK there are now 117,893 build-to-rent homes –…
Allen Walkey
Rents across UK show modest rise in 1st Qtr 2018 according to Homelet
The latest Homelet Rental Index report for March 2018 reveals that the average rent in the UK is now £912, up by 0.9% on the same time last year, when London is excluded, the average rent in the UK is now £759, this is up by 0.1% on last year. Rental prices across the UK…
Allen Walkey
Housing market at it’s weakest in London and South East according to RICS
The latest RICS UK Residential Market Survey – March 2018 released today reveals that momentum in the UK housing market continues to slow, as buyer demand falls for the twelfth consecutive month. Agreed sales and new buyer enquiries continue to slip at the national level, the national price indicator remains flat, weighed down by London…
Allen Walkey
Prices continue to slide in London and South East according to Home.co.uk
Latest Home.co.uk Asking Price Index report – April 2018 released today headlines ‘Oversupply Exacerbates London and South East downturn.’ Top of the headlines list in the report is: ‘London and South East prices slide again.’ The report mentions that: ‘Home prices may have nudged up this month across England and Wales but red warning lights…
Allen Walkey
Five large branch estate agency firms join onthemarket.com
Five large branch estate agency firms join OnTheMarket.com as recruitment drive sustains momentum OnTheMarket plc, the agent-backed company which operates the OnTheMarket.com property portal, is pleased to announce that Kings Group, a 15 branch estate and lettings agency firm, is now listing its properties at OnTheMarket.com. Founded in 1991, Kings Group has offices across North London, East London, Hertfordshire…
Allen Walkey
Why every self respecting householder should own a scaffold tower
You’d be hard pressed to find a home owner who doesn’t own a ladder. After all, it’s one of those DIY essentials that every home should have. But a scaffold tower? Isn’t that something only builders use? In fact, scaffold towers are often a much safer option than working with ladders, so much so that…
EAN Content
Another year of strong growth for Belvoir Group
Belvoir Lettings plc, the UK’s largest property franchise group, today announced its preliminary results for the year ended 31 December 2017. Group revenue up 14% to £11.3m (2016: £9.9m) – Profit before tax up 62% to £3.9m (2016: £2.4m) and adjusted profit before tax up 39% to £4.9m (2016: £3.5m). Dorian Gonsalves, Chief Executive Officer of Belvoir…
Allen Walkey
Halifax expects house price growth in coming months to remain close to their prediction of 3%
Latest Halifax House Price Index report – March 2018 released today reveals:House prices in the three months to March 2018 were 2.7% higher than in the same three months a year earlier. On a monthly basis, prices grew by 1.5% in March this follows a 0.5% rise in February; monthly changes can be volatile. The…
Allen Walkey
Government takes steps to professionalise the estate agent market
Press release from Ministry of Housing, Communities and Local Government and Sajid Javid MP 8th April 2018 headlined ‘Government to professionalise the estate agent market’. New measures will be introduced to professionalise the estate agent market, driving up standards and bringing an end to ‘rogue managing agents’. Estate agents will now be required to hold…
Allen Walkey
Rogue landlords face being forced out of the sector
Announcement today from Ministry of Housing, Communities and Local Government and Heather Wheeler MP. Rogue landlords face being forced out of the sector as new banning orders are brought in and a national database of offenders goes live. Rogue landlords who rent out substandard properties face being forced out of the sector as new banning…
Allen Walkey
First digital mortgage deed entered into the Land Register.
Press release from HM Land Registry 5th April 2018. Coventry Building Society and Enact Conveyancing lodge the first digitally signed mortgage for a house in Rotherhithe, London. The first digital mortgage deed was entered into the Land Register. Part of the ‘Sign your mortgage deed’ service, HM Land Registry is building for a future without…
Allen Walkey
UK Finance responds to Scottish Government’s announcement that Help to Buy in Scotland will be extended for another two years
Responding to the Scottish Government’s announcement that Help to Buy in Scotland will be extended for another two years, Douglas Cochrane, Chair of the UK Finance Scotland Mortgage Committee, said: “The extension of Help to Buy in Scotland is good news for buyers and home movers with low deposits, who will continue to receive vital…
Allen Walkey
OnTheMarket doubles visitor traffic in March to 12 million visits.
OnTheMarket doubles visitor traffic in March to 12 million visits. OnTheMarket plc, which operates the OnTheMarket.com property portal, is pleased to announce today that traffic to the OnTheMarket property portal reached c. 12 million visits during March 2018, the first full month since Admission to AIM. This is more than double the visits compared with…
Allen Walkey
Landlords have just days to comply with New Energy Efficiency Standards
As of the 1st April 2018, landlords of private rented properties will need to comply with an Energy Performance Certificate (EPC) rating of ‘E’. When this legislation comes into place in just a few days, landlords could risk hefty fines if their property is not compliant. Rose Jinks of Just Landlords Insurance Services comments on…
EAN Content
COUNCIL UNVEILS PLANS FOR AFFORDABLE HOMES AND WORKPLACES IN FOUNTAINBRIDGE
A former brewery complex in Fountainbridge is to be developed by the City of Edinburgh Council to deliver a vibrant city quarter including over 400 new homes, as well as quality office space which will promote innovation and a small element of retail. Work to prepare the site is set to commence early next year,…
EAN Content