Breaking News
Link between Ofsted ratings and house prices
A study out on Monday reported that house prices in middle-class areas are affected by the local Primary school attaining a better Ofsted grade, it can increase the price by tens of thousands of pounds. In the Ofstead study it linked the small changes in ratings with house prices in the catchment area, prices increasing…
Allen Walkey
Building bricks are now the target of criminals.
Criminals are targeting churches and cemeteries as well as private houses to steal bricks, heavy vehicles ram the walls and then scoop up the bricks and drive off with them. The “London stock” brick is very much a distinctively coloured brick and very attractive in appearance, sometimes described as a “yellow stock” or “red stock”…
Allen Walkey
Bogle Architects wins ‘Oscars of the property world’ MIPIM 2016.
International research and technology facility for high-powered laser experimentation wins award for ‘Best industrial & logistics development’ Bogle Architects has won the ‘Best industrial and logistics development’ MIPIM Award for its ELI Beamlines project. The practice were the lead designers of the project from concept design through to authorship review. The European Commission part funded…
Christopher Walkey
Falmouth in The Sunday Times Best Places to Live list.
Falmouth has topped a prestigious Sunday Times Best Places to Live list in what is a glowing accolade for the town. Fifteen south west locations have been named among the Best Places to Live in Britain by The Sunday Times, with Falmouth being crowned as the Best Place to Live in the region. The…
Christopher Walkey
A generation unable to afford a home of their own.
Large majority of people fear buying a home of one’s own is looking less and less likely for future generations, according to recently published research for the housing charity Shelter. This news comes just as the average house price in England went above the £300,000 mark for the first time, according to the property website…
Allen Walkey
London Property Licensing awarded Best Service Provider by the UK Landlord Accreditation Partnership.
“London Property Licensing is delighted to announce that our innovative service has been awarded best service provider for the private rented sector by the UK Landlord Accreditation Partnership. The winners were announced at the UK Landlord Accreditation Partnership Biennial Conference and Awards event that took place at the Grand Connaught Rooms in central London on…
Christopher Walkey
Average house price breaks the £300,000 mark
The average house price now in England and Wales has now gone above the £300,000 mark for the first time, according to the property portal Rightmove today. The rush to beat the property tax rise announced back in November and coming into force at the beggining of April for those looking to rent out or…
Allen Walkey
Interest rates remain at 0.5%
The Bank of England (BoE) decided yesterday to keep interest rates unchanged, the BoE unanimously agreed to maintain rates at 0.5% and leave the asset purchase programme at £375bn, this was what analysts were expecting. The decision to keep rates as they are comes amid concerns about weak wage growth, low inflation and a global…
Allen Walkey
Average rents rise as landlords get squeezed.
Tenants in the private rented sector (PRS) are now beggining to feel the affect of George Osborne’s policies over the last year, the attack on Landlords has been virtually non stop, last year’s Autumn Budget and Spending Review certainly was the last straw for many property investors, many came out losers following the way tax…
Allen Walkey
Middle East investors not put off by “Brexit”
The possibility of Brexit does not appear to persuade Middle East investors away from choosing London as their preferred destination when it comes to investing in property in the Capital. A joint survey conducted by estate agency Cluttons and YouGov of 127 high net worth investors from Saudi Arabia, UAE, Qatar, Bahrain, Oman and Kuwait…
Allen Walkey
Fairer deal for renters
Haringay Council is now set to offer a new non profit making letting agency service which is aiming to give tenants a “fairer deal” whilst offering landlords reliability and affordability. Move 51 North, the not for profits letting agency was set up by the council housing management company Homes for Haringey, it is pitched as…
Allen Walkey
LANDLORDS EXEMPTED FROM CAPITAL GAINS CUTS.
Responding to the Chancellor’s Budget announcement to exempt residential property sales from cuts to the rate of capital gains tax (CGT), Richard Lambert, Chief Executive Officer, National landlords Association (NLA), said: “The Chancellor said that this government would tax the things it wants to reduce not the things it wants to encourage. “On that basis,…
Christopher Walkey
Stay Ibiza tackles Ibiza’s growing demand for luxury with new business to business focused service, Privadia.
One of Ibiza’s leading luxury lifestyle groups is expanding its Balearic presence with the launch of a new B2B centric arm catering exclusively to agencies worldwide along with Ibiza’s luxury property owners. Using innovative tools and years of insider knowledge, Privadia’s focus is to streamline working relationships. For villa proprietors, it’s a new opportunity to access…
Christopher Walkey
Ahead of the Budget, Andrew Ellinas, Director of Sandfords comments on what he would like to see the Chancellor announce today.
“Unlikely to happen, but Mr Osborne needs to start reversing the stamp duty changes he has made. Over the last four years there has been an unfair amount of tax changes including stamp duty, land tax and capital gains. Landlords and homeowners have been completely restricted with these additional tax charges, all of which have been…
Christopher Walkey
SNP vote for rent controls north of the border.
Delegates at the Scottish National Party Spring Conference have voted in favour of introducing national rent controls for all Scottish tenants, this would be quite a shake up to the buy-to-let market north of the border. The SNP would need to win a majority in the forthcoming Scottish general election to implement these plans, if…
Allen Walkey