Breaking News
Government ambition of one million homes by 2020
According to Department for Communities and Local Government press release of 12th October. Councils must produce local plans for new homes in their area by 2017 – or the government will ensure, in consultation with local people, those plans are produced for them. Landmark Housing and Planning Bill will help deliver government ambition of one…
Allen Walkey
Renters move out of town to buy.
According to research by Countrywide plc, the UK’s largest property services group, renters who bought a home in the last year, did so in locations where the average house price was £35,000 lower than where they were renting, this was £93,000 lower for London renters. As house prices rise faster than rents, an increasing number…
Allen Walkey
A passport check at the “doorstep”.
It may appear a bit OTT to have to show a passport to obtain accommodation but that is what may happen if the immigration bill becomes law after it is debated tomorrow 13th October, it would make letting to illegal immigrants a criminal offence. The aim of the bill is to put better controls in…
Allen Walkey
Effect of buy-to-let on UK financial stability
According to the Bank of England in a recent report by their financial policy committee, the UK’s buy-to-let market is posing a threat to the country’s financial stability. Any wobbles in the housing market could be exagerated due to the nature of that market, the effects of a housing crash could be made much worse….
Allen Walkey
LSL House Price Index September 2015
House Price Index for England and Wales for September 2015 released by LSL Property Services/Acadata Strongest September for home sales since 2007, driven by activity in the north as supply squeeze stalls sales in the south. There is a southern resurgence in price growth, with the South East seeing strongest year-on-year riseof any region. London…
Allen Walkey
Can’t pay? we’ll take it away
I expect some of our readers will have watched the TV program “Can’t pay, we’ll take it away”, it is on Channel 5 on a wednesday evening, it follows people on the sharp end of bad debt – and those whose job it is to get the money back. In the program this last wednesday…
Allen Walkey
Green Light for RTB extension to housing associations.
So the Governement has achieved what it set out to do in it’s pre election manifesto, with the Right-To-Buy (RTB) now to be extended to Housing Association tenants without the need to change or pass new laws, there will now be no battle in the House of Commons or for that matter the House of…
Allen Walkey
Housing policies and promises in PM conference speech.
Yesterday at the final day of the Conservative Party conference in Manchester, David Cameron the Prime Minister was welcomed onto the stage with rapturous applause from his party faithfulls and his team of Ministers including London Mayor Boris Johnson. The PM opened up by saying that the Conservatives are the “Party for working people, today,…
Allen Walkey
The Jewel in the Crown?
Will Canary Wharf become the Jewel in the Crown over the next few years when it comes to property investment in London? We have seen big rises in London over the last few years well above that of other parts of the UK, that however does not dampen the expectations of MyLondonHome CEO Christian Thomas….
Allen Walkey
Twitter launches Moments feature
Twitter launches Moments feature, for now it is only being rolled out in America but will be heading to Europe soon, Moments tab will be divided into sections including news, sports and entertainment. It works by grouping together interesting and important tweets on single subjects – which you can then read, even if you don’t…
Allen Walkey
Halifax HPI September
According to the Halifax House Price Index for September annual house price growth eases to 8.6%. Prices in the three months to September were 8.6% higher than in the same three months a year earlier. House prices in the latest three months (July-September) were 2.0% higher than in the preceding three months. Commenting, Martin Ellis,…
Allen Walkey
Housing included in George Osborne’s conference speech
George Osborne reaffirming the Conservative Policy on Housing reportedly told his supporters at their Party Conference in Manchester: “Building doesn’t come easy and especially when it comes to new homes and infrastructure that the country needs.” He reportedly went on to say: “We are going to get many more homes built for families to buy,…
Allen Walkey
Another record month of traffic at OnTheMarket.com
Traffic levels at OnTheMarket.com have risen again in another record breaking month. Throughout September, the website achieved 5.6million visits*, compared to 5.4million* in August. This traffic consisted of more than 2.7million unique visitors*, compared to 2.5million in August*. Last month was also a record month for the number of leads delivered to agents. Ian Springett, Chief…
Christopher Walkey
Heavy fines for landlords of HMO
A recent article in the Leamington Post highlights the fines that Landlords were handed out for not correctly managing their properties, the property in question was let as a house of multiple occupancy (HMO). Councils are cracking down hard on Landlords who let out HMO’s and do not conform to regulations or let the property…
Allen Walkey
Conservative Mayoral candidate for London chosen.
Zac Goldsmith has been chosen as the Conservative Mayoral candidate for London for which the election is due to take place next May, he was up against 3 other candidates MEP Syed Kamall, Stephen Greenhalgh, and Andrew Boff, he won by a comfortable margin, he will be facing Sadiq Khan recently elected candidate for the labour…
Allen Walkey