Breaking News
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
Major UK Cities Experiencing Strong House Price Growth
The major cities of the UK have experienced exceptionally strong growth in residential property prices over the first quarter of this year. Across the 20 biggest cities in the country, a new report from Hometrack said, house prices grew at the fastest rate seen for twelve years. Growth across the initial three months of 2016…
Mark Burns
A more efficient house purchase system
According to an article yesterday in The MailOnline News, ministers are planning to shake up the housing market to protect the thousands of people every year who suffer the disappointment and expense of their sale falling through. The Government signalled its intentions In the Budget in March by reportedly saying, ‘We will publish a call…
Allen Walkey
Halifax releases (HPI) April
Released today the Halifax House Price Index (HPI) for April, annual house price growth eases to 9.2%. Prices in the three months to April were 9.2 % higher than in the same three months a year earlier. House prices in the latest three months (February-April) were 1.5% higher than in the preceding three months. Commenting,…
Allen Walkey
Another lender raises age limit on mortgages
Following on from the recent announcement from Halifax Bank part of Lloyds Banking Group, which increased its upper age limit for mortgages from 75 years to 80 years, the Nationwide has now announced that is raising its age limit for people paying off mortgages by 10 years to 85. This is a further endorsement of…
Allen Walkey
Implications of “Brexit on UK property market
A vote to leave the European Union “Brexit” would cause house prices to fall significantly, George Osborne has said. The Chancellor reportedly said yesterday on the ITV’s Peston on Sunday show “It’s already clear from the Treasury analysis that for example, there would a significant shock to the housing market, that would hit the value of…
Allen Walkey
Two letting agents in Southampton expelled from The Property Ombudsman scheme and from registration for lettings redress
Consumers are being warned by the UK’s largest property redress scheme about the actions of two lettings agents based in Southampton. Both agencies, trading as ‘The Flat Agency & Michael Browns Ltd’ and ‘Property Vibe Ltd’, were expelled from lettings redress membership of The Property Ombudsman (TPO) scheme for a minimum period of three years….
Christopher Walkey
Signs of the times for mortgages
Mortgage lenders have recently announced changes to their rules as to how mortgages will in the future be offered to their clients in an effort to deal with the high prices of property and changes in demographics. The Halifax bank part of Lloyds Banking Group – the largest retail bank in the UK is increasing…
Allen Walkey
NLA approved as training provider for Rent Smart Wales
The National Landlords Association (NLA) have announced that they have been approved as an official Rent Smart Wales training provider. The NLA have secured approval to provide training for both landlords and letting agents, they will be working in association with the UK Association of Letting Agents (UKALA). The scheme requires all landlords and letting…
Allen Walkey