Breaking News

Sales progression is not for the faint hearted!

 

Sales progression is definitely not for the shy and retiring types! You have to think on your feet, outside the box and be forever optimistic. There is no problem; only a hurdle to overcome, a challenge to be won! We love those challenges! That’s our job. It’s not easy, but it’s certainly not dull! This…

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Alex Evans

French Property enquiries increase.

 

The clock is ticking for the EU Referendum in June,  when the decision is finally known  and if it is a “Remain Vote” it will probably give the green light to “Brits” interested in purchasing a property in France. According to French property luxury home property specialist, Home Hunts.  inquiries are up by 60% in…

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Allen Walkey

New Tenancy rents continue to rise.

 

The HomeLet Rental Index figures  released yesterday show that rents agreed on new tenancies across the UK over the three months to the end of April have continued to grow at remarkably consistent rate. They state: Rents rise in all but one regions of the UK over three months to April, despite concerns about impact…

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Allen Walkey

Housing Bill amendments rejected by Government.

 

The government yesterday rejected all of the 13 amendments the Lords put to the Housing Bill. This bill is the first piece of legislation that comes under English votes for English laws reform,  that means that SNP MPs are not able to vote on it, securing a strong majority of the Tories in the Commons….

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Allen Walkey

Bank of Mum and Dad

 

Legal & General, the FTSE100 financial services group and Cebr, the economics consultancy, yesterday  published a new report into the role the Bank of Mum and Dad play in helping their children get on, or move up the property ladder. The research shows the Bank of Mum and Dad will lend over £5 billion, providing…

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Allen Walkey

Property Transactions likely to slowdown.

 

The outlook for the UK property market according to certain analysts is looking somewhat unpredictable at present, mainly due to the uncertainty surrounding the EU referendum vote set for 23rd June. Most recent polls give the “Remain” a lead over the “Leave”, however it is close and with a fair number of undecided voters it…

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Allen Walkey

The Race for London Mayor

 

The 2016 London Mayoral election will be held on 5th May to elect the new Mayor of London, the London assembly election will take place on the same day. The are twelve candidates presently contesting to become London mayor and succeed Boris Johnson, the two candidates at the head of the contest according to the…

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Allen Walkey

Dubai Property Show in London

 

The Dubai Property Show takes place in London between 13th and 15th May at Olympia West. Brits are reportedly now the second largest group of investors in Dubai’s property, with UK investment almost doubling in three years. Appartments account for 77% of purchases according to Sultan Al Suwaidi, Partner at Sumansa Exhibitions, which is organising…

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Allen Walkey

Press Release: Rayner Personnel Franchise Expansion

 

With the continued growth of the Rayner Personnel group and the steady evolution of its franchising arm comes the news that Guy and Pascale Hodge are taking on the franchise for the South East of England. Both are familiar faces in the property world. Guy has been in the residential property sector for over 35…

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Christopher Walkey

North East house prices fall £7000 in one month

 

North East house prices fall £7000 in one month   Regional house prices fall 4% in four weeks – more than wiping out March’s record rise. Prices fall 6.2% in Jarrow and 6.1% in Whitley Bay. Property values remain 1% higher than April 2015 and 3% above April 2014. Average rent rises £14 to £566pcm,…

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Number of Empty Homes at its Lowest

 

Figures released by the Government yesterday shows that the number of empty homes is now at its lowest level since records began. A Housing statistical release by The Department for Communities and Local Government on Dwelling Stock Estimates 2015 England. There were 23.5 million dwellings in England at 31 March 2015, an increase of 171,000…

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Allen Walkey

LSL Property Services AGM yesterday

 

LSL Property Services plc, a leading provider of residential property services incorporating both estate agency and surveying businesses, held its Annual General Meeting (AGM) yesterday in London. Market Backdrop as  included in their AGM statement Market volumes, as measured by Bank of England Total Mortgage and Total House Purchase Approvals, have increased significantly in the…

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Allen Walkey

LEADING INDUSTRY BODIES TO DISCUSS FUTURE OF BUY-TO-LET.

 

On Friday 29 April, the National Landlords Association (NLA) will be holding a roundtable discussion with leading organisations in the private rented sector (PRS) to discuss and outline policies aimed at improving the sector. Spokespeople in attendance will include representatives and stakeholders from the British Property Federation, Department for Communities and Local Government, the Council…

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Christopher Walkey

House Price Index March – Land Registry

 

Latest monthly House Price Index March for England and Wales released today by the Land Registry. The March data shows a monthly price decrease of 0.5 per cent. The annual price change now stands at 6.7 per cent, bringing the average house price in England and Wales to £189,901. The number of property transactions has…

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Allen Walkey

Nationwide HPI April

 

According to the Nationwide House Price Index (HPI) April report released today, the annual pace of house price growth moderates in April. House prices increased by 0.25% in April, down from the 0.7% in March. Annual house price growth slows to 4.9%, down from 5.7% in March. Commenting on the figures, Robert Gardner, Nationwide’s Chief…

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Allen Walkey