Breaking News

High levels of enquiries for Cypriot property

 

Cypriot property is now the most popular it has been in almost three years, according to new research from TheMoveChannel.com. The island has struggled in the years since the financial crash, with a banking crisis and other issues damaging buyers’ confidence. Now, though, enquiries for real estate in Cyprus have returned to 2013 levels. TheMoveChannel.com…

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Allen Walkey

The accuracy of online review websites to be challenged by the Competition & Markets Authority.

 

Word of mouth has always been a deciding factor for consumers when selecting to work with property professionals but with the revolution of technology, thousand of reviews have become available at the click of a button. Online review websites for the property industry such as Agent Tracker, Witch Property Agent and Estate Agent Review are…

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Alex Evans

New London head office for Countrywide

 

Countrywide plc, the UK’s largest property services group has moved to a new London Head office at UK House, Oxford Street . This move brings personnel from head offices across London including Hamptons International, John D Wood & Co., and Ikon,  together for the first time.  These teams will join Countrywide’s executive team and Lambert…

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Allen Walkey

Belgravia luxury homes price drop

 

The median selling price of luxury homes in the London postcode of SW1 which includes Belgravia have fallen by more than 20% in the year up to November 2015 as rising taxes start to bite. According to analysis by Bloomberg of Land Registry data, the London postcode SW1 has seen the the biggest slump in…

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Allen Walkey

Spanish House Prices – Biggest increase in prices since 2007.

 

We have certainly heard about the property values over in Spain, having lived there myself in 2007 I certainly saw the tail end of the highest valuations of property and since we have moved away I see some house, still on the market, at nearly 50% less then they were in 2007. So, good news…

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Christopher Walkey

Calls for rogue tenant blacklist

 

Landlord Action the tenant eviction specialist is calling for a  list to be drawn up similar to that  drawn up by the government for persistent rogue landlords and letting agents, it is currently suggested the blacklist of rogue landlords and agents would be available to local authorities and central government, enabling them to keep track…

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Allen Walkey

Housing Zone Funding

 

The Department for Communities and Local Government and Brandon Lewis announced yesterday by press release on the Gov.UK website: Housing Zones will see councils working in partnership with private developers to deliver thousands of new homes on brownfield land. Housing Zones around the country are  receiving funding that will kick-start work to build tens of…

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Allen Walkey

CBRE strikes deal with Virtual Walkthrough

 

Real estate firm CBRE is attempting to speed up the  “sales cycle” in the commercial property market by supporting landlord clients and prospective occupiers and investors with an experience that will deliver 360-degree virtual tours of offices. CBRE has struck an exclusive deal with Virtual Walkthrough to deliver interactive office tours to investors, this means…

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Allen Walkey

Study reveals what house buyers predict will happen to property market in 2016

 

Over two thirds (69%) think property prices will continue to rise Over half (53%) believe there will be a housing shortage Fewer than one in 10 (9%) believe house prices are affordable for most people 2016 set to be a sellers’ market due to shortage of housing and fierce competition It’s usually financial experts who…

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Christopher Walkey

Government “declares war” on Landlords

 

In his New Year Message David Smith the Policy Director for the Residential Landlords Association speaks  about the attack on Landlords by the Government during 2015, he says that it is no exaggeration to say last year turned into an annus horribilis for the residential landlord. He pointed out that The Residential Landlords Association’s job…

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Allen Walkey

Homes to be built at a faster rate.

 

David Cameron  announces plans  to directly commission the building of more than 10,000 new homes, it is expected that homes will be built at a faster rate, smaller building firms will build on government sites with planning permission already in place. The plan will be backed by an extra £1.2bn to prepare brownfield sites for…

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Allen Walkey

Rightmove ‘House Price Trendometer’ says that it’s up, up and away…

 

Rightmove’s very innovative house pricing guide shows that there has been some significant rises across the UK between 2013 and 2015 with some areas going up nearly 25% in value! Outside of London, Essex and Cambridgeshire lead the way with 24 and 25% respectively – Quite frightening price growth to be honest! Out of 48 listed…

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Christopher Walkey

“Case was fully funded for the initial stage” Clause 24.

 

“We need to raise £15,000 as quickly as possible (and then a further £35,000), to enable our experienced legal team to fight Clause 24 and take this matter as far as the Judicial Review process will allow. Your financial support would be greatly appreciated.” Chris Cooper and Steve Bolton have seen their initial target of…

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Christopher Walkey

Land Registry house price data for November

 

The November house price data released at the end of December shows an annual price increase of 5.6 per cent which takes the average property value in England and Wales to £186,325. Monthly house prices are up 0.4 per cent since October 2015. The number of property transactions has decreased over the last year. From…

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Allen Walkey

Storms Eva and Frank

 

David Cameron pledges a £40m package to fix Britain’s flood defences in areas devastated by storms before and over Chrsitmas, he made this committment following his personal visit to see the damage caused by the storms, Lib Dem leader Tim Farron and shadow environment secretary Kerry McCarthy both criticised the pledge as too little too late….

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Allen Walkey