Breaking News
Kremer Signs Make History at Industry Awards.
On the 3rd November 2015 Kremer Signs made history at the prestigious Neg Awards, by becoming the first back to back winners of the ‘Supplier of the Year’ award. The award ceremony was held at the Hilton Hotel, Park Lane London, and was presented by comedian Alistair McGowan. The judges comments: “This company has proven…
Nuisance neighbours.
According to a new study by Churchill Home Insurance only 40% of estate agents ask sellers to reveal any issues they may have with their neighbours, 10% of estate agents just rely solely on the purchasers’ solicitor or conveyancer to investigate any existing issues they may have. It is a legal requirement to disclose any disputes…
Allen Walkey
Tenants renting their homes for long term.
The latest findings from the HomeLet Rental Index reveal that over the three months to October the cost of a tenancy outside of London rose by 3.5 per cent when compared to last year. Whilst this level of growth for new tenancies continues to outstrip the rate of inflation, this is much lower than the…
Allen Walkey
Gerry Fitzjohn appointed Board Chairman of The Property Ombudsman.
After thirteen successful years with The Property Ombudsman (TPO), twelve years as Board Chairman of TPO, Bill McClintock will be officially standing down on 1st January 2016, and Gerry Fitzjohn, currently Vice Chairman of the Board, has been appointed to take up the position. Bill, who has over 50 years experience in estate agency, joined…
Christopher Walkey
George Osborne – The Teddington Landlord’s friend or enemy?
Well the last couple of months has been rather hectic as Teddington landlords, some who use us to manage their properties and other landlords who just read my Teddington Property Blog, have been sending me emails or picking the phone up to me about the new rules on buy to let taxation announced in the…
NAEA National London Forum 2016
The NAEA National London Forum will be held on 23 February at the Lancaster Hotel. Now in its fourth year, the forum promises to be the must attend event of 2016, for all who work within the ever growing estate agent industry in the UK. It is an essential date for the diary as it…
Allen Walkey
Two category awards for Waterfords.
Waterfords wins ‘South East Agency’ and ‘Community Champion’ of the Year On Tuesday 3rd November, local estate agent Waterfords had an exceptional night at The Negotiator Awards, the largest event in the property industry calendar. They walked away winners of two categories, ‘South East Agency of the Year’ and ‘Community Champion of the Year’. Over…
Allen Walkey
Bank of England keeps Bank Rate at 0.5%
The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy in order to meet the 2% inflation target and in a way that helps to sustain growth and employment. At its meeting ending on 4 November 2015, the MPC voted by a majority of 8-1 to maintain Bank Rate at 0.5%, Yesterday the Bank’s…
Allen Walkey
House price growth rises in October
According to figures released yesterday from the Halifax House Price Index (HPI), annual house price growth rose in October. Prices in the three months to October were 9.7% higher than in the same three months a year earlier. House prices in the latest three months (August-October) were 2.8% higher than in the preceding three months….
Allen Walkey
Countrywide third quarter trading update.
Countrywide PLC the UK’s largest integrated property services group, issues its trading update for the quarter ended 30 September 2015. Countrywide continues to perform well across its diversified portfolio, not withstanding the impact on their estate agency business of lower levels of housing transactions than in 2014. Commenting on the Group’s performance, Alison Platt, CEO…
Allen Walkey
Persimmon third quarter trading.
Yesterday Persimmon the house builder released their third quarter trading statement for the period 1st July to 3rd November 2015. The group stated that as they moved into the autumn selling season customer activity strengthened in line with the traditional seasonality of the market. In the statement it reported private sales rate in the period…
Allen Walkey
This time next year, we’ll sell a plot for a Million quid!
OK, so many of us will love to remember the wonderful BBC Comedy Series of Only Fools and Horses and maybe they did make it to be millionaires in the end (though they lost it all again), but you can really be a millionaire now in Peckham! Leastways you can if you own a 0.6…
Christopher Walkey
Three awards for Countrywide at The Negotiator Awards 2015
Countrywide plc, the UK’s largest integrated property services group, has won three accolades at The Negotiator Awards 2015. These accolades include Large Lettings Agency of the Year, Employer of the Year and the bronze award for Property Management Company of the Year. Countrywide fought off strong competition from over 235 entries to win the awards…
Allen Walkey
EU…Brexit effect on property value
Many believe the effects of a UK referendum on whether we stay or leave the EU will have an impact on property prices if the vote is to leave. According to eMoov who recently carried out a poll on the matter, some 55% believe that leaving the EU will have an impact on house prices,…
Allen Walkey
Property Bubble
The “Property Bubble” discussion is set to continue for some time, on the one side we have those analysts who see the UK property market well supported by increasing demand due to the projected rise in the population to 70 million by the end of the decade and the low default risk on loans due…
Allen Walkey