Breaking News
THIRTY SEVEN BRANCH ESTATE AGENCY FIRM JOINS ONTHEMARKET.COM
Nottingham Estate Agency and Harrison Murray Estate Agency are proud to announce their membership of OnTheMarket.com. Both part of the Nottingham Building Society, the two brands have a total of 37 branches. They will now be advertising all of their properties for sale and to rent at OnTheMarket.com and Rightmove. With more than 25 years’…
Alex Evans
“Not every Tom, Dick and Harry, can become an Estate Agent… “
Estate agents to be regulated by new authority – licence will needed in order to take up the profession of Estate Agency in Malta. The White paper issue only recently in January 2016 shows that estate agents will now require a licence in order to carry out their business with new comers to the industry…
Christopher Walkey
Just like #PurpleBricks, #Yopa agents appearing on Twitter…
It is an impressive amount of regional agents that PurpleBricks boasts already, many follow us and just about most will have updates on a regular basis compared to many other estate agencies. Certainly would agree that social media is the place to be if you want to start increasing your local brand awareness and the…
Christopher Walkey
Good news for first-time-buyers.
Rightmove reports today that there is surprisingly good new for first time buyers with prices coming to a standstill and more “fresh” property choice. Fist time buyers saw a 6% year-on-year jump in newly marketed-properties in their favoured market sector, prices have hardly risen suggesting the impending stamp duty levy could be having a calming…
Allen Walkey
Rightmove forecasts 6% rise for 2016
The Rightmove House price Index showed the lowest December dip (-1.1%) since 2006 in price of property coming to market, the 2015 annual rate up from 6.2% to 7.4% Rightmove 2016 forecast is that new seller asking prices to rise by 6%. Increasingly stretched affordability and extra stamp duty on buy-to-let sector will be outweighed…
Allen Walkey
Skills shortages affecting construction industry growth.
Government targets to build 100,000 new homes a year during the period they are in office could be put at risk due to a skills shortage in the construction industry, which in turn would see rises in wages in the sector. New research by the Royal Institution of Chartered Surveyors (RICS) has revealed a lack…
Allen Walkey
House purchase lending up year on year last November.
According to a recent report by the Council of Mortgage Lenders (CML) house purchase lending was up 18% year on year last November. Home-owner house purchase lending totalled £10.7bn in November, down 9% on October but up 18% on November 2014. First-time buyers borrowed £4.2bn for home-owner house purchase, down 9% on October but up 14%…
Allen Walkey
Meet Inspiration Agent Winner – Hannah Gill
Back in October, I launched a competition seeking an Inspirational Agent. Fed up of constantly seeing negative press about our industry, I wanted to highlight and celebrate the wonderful work thousands of estate agents undertake every day. As nominations started to come in I felt proud, these were stories of kindness and told the story…
Stephen Brown
Support for OnTheMarket.com rises beyond 6,500 estate and letting agent offices
Overall support for property website OnTheMarket.com has reached in excess of 6,500 UK estate and letting agent offices, which is an increase of more than 50% since this time last year. The figure consists of contracted members and agents who have signed a Letter of Intent to join OnTheMarket.com when total support reaches 7,500 offices….
Alex Evans
Limited companies being used by landlords
To avoid the higher taxes being introduced by the government more and more landlords are using limited companies when applying for their buy-to-let finance, lenders are responding to this new demand by offering an increasing number of loans available to those who apply through registered businesses. Landlords will be taxed on the full rental income…
Allen Walkey
“Be Prepared” for “Right-to-Rent”
Under one month to go before the new law comes into force that will mean landlords must carry out status checks on tenants, Right-to-Rent regulations will be intoduced on the 1st February as a control on those who do not have the right of abode (illegal immigrants) Landlords will be required to carry out quick…
Allen Walkey
£14 Million for David Bowie’s Caribbean property for sale.
The recent news of the passing of David Bowie, an icon in music and indeed art for many, now brings along the sale of his Caribbean property for £14 million. This truly amazing property which David Bowie himself said was so relaxing that he found it difficult to work there, is now on the market…
Christopher Walkey
Homelet’s review of rental market
The Homelet Rental Index (HRI) report posted to their site yesterday reveals that Brighton, Bristol, Edinburgh and Newcastle recorded the largest increase in rents last year amongst the country’s largest towns and cities. The monthly 9HRI) shows that, on average, rents across the UK, excluding Greater London, were 4.9% higher on new tenancies signed during…
Allen Walkey
Generation wanting to downsize are trapped.
Recent reports indicate that around one third of home owners in the 55+ age category are considering downsizing but have very little choice and feel unable to do so, there is a chronic under-supply of properties out there suitable to their needs. Research shows that nearly half of all people who classify as under-occupiers in…
Allen Walkey
Housing Bill – Government vote 312-219 against. Twitter Chat:
The Conservative government have voted against amendment proposed by Labour that all privates homes rented out should be fit for human habitation with a vote of 312 against and 219 for. Parliament UK Website and the 2015-15 Housing Bill can be viewed here. Much reaction already including Tweets from Sadiq Khan MP for Labour in…
Christopher Walkey