Breaking News
Rightmove House Price Index (May)
The latest Rightmove House Price Index report headlines buy-to-let feast leaves higher prices for first time buyers. Modest May rise of 0.4% (+£1,118) in price of property coming to market in the last month masks nasty spring surprise for first-time buyers. An 80% uplift in March transaction numbers has left behind a property drought and…
Allen Walkey
Housing and Planning Bill becomes Law
News story released on the GOV.UK website from Department for Communities and Local Government and Brandon Lewis MP, headlines Landmark Housing and Planning Bill receives Royal Assent. New measures to help more people buy their own home and get houses built faster became law last Friday 13th May. The Act sets out a clear determination…
Allen Walkey
Heavyweights join in the EU debate.
Two heavyweights in the world of finance joined in the debate over the EU Referendum last week, Christine Lagarde (IMF) and Mark Carney (BoE) both appeared to add their support for the “Remain” in Europe campaign by speculating on the negative effects that would be felt by the UK population in the event they voted…
Allen Walkey
Bank of England cuts growth forecast
The governor of the Bank of England Mark Carney yesterday delivered his monthly inflation report, he included the warnings about the economic risks if Britain votes to leave the European Union, this was jumped on immediately after by former Chancellor Norman Lamont who challenged his comments. The central bank reportedly downgraded its forecasts for growth…
Allen Walkey
Build more homes on small sites
Press release from the Department of Communities and Local Government and Brandon Lewis MP headlines ‘Judgement paves way to build more homes on small sites’. Housing and Planning Minister Brandon Lewis hailed a judgment that paves the way for more housebuilding on smaller sites and that will get homes built more easily. The Court of…
Allen Walkey
Ambition to deliver 1 million homes by 2020
Housebuilding Industry and Government announce shared ambition to increase housing output. The Home Builders Federation (HBF), on behalf of its larger members, share the Government’s ambition to deliver ONE MILLION HOMES by 2020. HBF and its members recognise that delivering 1 million homes requires significant further action from the house building sector and that there…
Allen Walkey
Drop in demand from Buyers according to RICS
RICS reported in their most recent UK Residential Market Survey, that house prices will continue to move higher, despite the big drop in demand, as fewer sellers were putting their property on the market and that there was a long-term shortage of housing. The sharpest fall in demand in April came in London which is…
Allen Walkey
Former Student Launch Student Accommodation Portal – FreshRent
Former students launch student only lettings portal Former University of Lincoln students are due to launch a student only lettings portal on 1st June 2016, known as FreshRent.co.uk New Agents whom sign up in May have an exclusive offer of a FREE, no obligation 18 month trial of the portal. Should you wish to avail…
EAN Content
SURVEYING SCHOOL ANNOUNCES FIRST CAREERS DAY FOR PROSPECTIVE, TRAINEE AND GRADUATE SURVEYORS
A surveyor training school based in Milton Keynes has announced its first Careers Day, a networking and recruitment event for those with ambitions in the surveying industry. On Tuesday 5th July, the SAVA School of Surveying will open its doors to prospective, trainee and graduate surveyors, providing an opportunity to meet with potential employers, speak…
Christopher Walkey
Call to penalise rogue tenants
The Housing and Planning Bill threatens to come down hard on rogue landlords, but provides little protection against tenants who behave badly Housing Minister Brandon Lewis claims that the Housing and Planning Bill will promote the “professionalisation” of the private rental sector by introducing greater penalties for rogue landlords. But a growing number of organisations…
PurpleBricks announces trading update
Purplebricks Group plc, the leading hybrid estate agency providing a new way to sell, buy or let property, today announces a trading update for the year ended 30 April 2016 ahead of reporting its final results on 16 June 2016. Trading throughout the second half of the year has continued the strong growth experienced in…
Allen Walkey
Limited edition Aldermore buy to let mortgage rates
Aldermore has announced this week it will now be launching a new, limited edition rate on its standard and specialised buy to let mortgage range. Available for loans from £250,000 up to £1 million, this new rate is now available to both individual borrowers and limited companies. The latest offer for buy to let landlords comes…
Christopher Walkey
Housing conditions remain positive for Bovis Homes
Bovis Homes Group PLC held it’s Annual General Meeting yesterday in Tunbridge Wells where the following update was given regarding current trading and the outlook for the financial year. ( Update in full visit Bovis Homes Group PLC website) Current trading: Housing market conditions remain positive with strong demand from home buyers who are benefitting…
Allen Walkey
Uncertainty a concern for the UK property market
A recent online financial report looked at UK Estate Agents ahead of the EU referendum, US broker Citi is mentioned as being cautious on UK estate agents ahead of the referendum next month, they gave Foxtons a target price of 140p, repeated a buy on LSL Property and neutral on Countrywide. George Osborne has stated…
Allen Walkey
BTL landlords drawn to auction rather than private treaty, says Auction House
The UK’s biggest property auctioneer says there’s growing evidence that an increasing number of buy-to-let landlords are choosing to sell by auction rather than via estate agents. Auction House Founding Director Roger Lake says that the argument is swinging back to favour those selling such homes as tenanted investments rather than servicing notice to the…
Christopher Walkey