Breaking News
Marsh & Parson – Peter Rollings leaves:
A well known name and face within the UK property industry has decided it is time to retire from his role as CEO of Marsh & Parsons. Peter Rollings commented on his decision to retire stating he was fortunate to be CEO of Marsh & Parsons and that they were able to grow the brand to be on…
Christopher Walkey
Governments Housing aims
Speaking yesterday at the Home Builders Federation Policy Forum 2016, Housing Minister Brandon Lewis outlined the Governments housing aims including it’s intention to deliver 1 million homes by 2020. In his introduction he mentioned the plans in the previous weeks budget announcement: for an economy set to grow faster than any other major advanced country…
Allen Walkey
(ONS) House Price Index January 2016
Statistical Bulletin from The Office for National Statistics (ONS) released yesterday. House Price Index. January 2016. Main findings: UK house prices increased by 7.9% in the year to January 2016, up from 6.7% in the year to December 2015. House price annual inflation was 8.6% in England, -0.3% in Wales, 0.1% in Scotland and 0.8%…
Allen Walkey
RENT SMART WALES LICENCE FEES SLASHED FOR AGENTS.
Rent Smart Wales has revised the cost of a licence for letting and management agents following concerns from UKALA that the proposed fee would have a detrimental impact on standards and professionalism in the private rented sector. UKALA raised concerns that the proposed fee of £3,728 for a 5 year licence was too expensive and…
Christopher Walkey
US hospitality industry back in Cuba
Cuba has hit the news this week with the visit from American President Barack Obama, a warm welcome was offered, his speech went out live on TV to the Cuban people, he also enjoyed watching a game of baseball with Cuban President. Prior to the visit of President Obama who is in fact the first…
Allen Walkey
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