Breaking News
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
Staff enjoy winners trip to Cape Town
Earlier this month, Badger Holdings’ highest achievers for the previous year jetted off on their all-expenses paid trip to Cape Town, South Africa, adding to the many locations around the world that previous winners have enjoyed, including Las Vegas, New York, San Francisco and France. Badger Holdings is a group of property specialists and the…
Allen Walkey
Homeless children this Christmas
According to estimates from the Charity Shelter more than 100,000 children will wake up homeless on Christmas Day in Britain this year, that is an increase of almost 15,000 over last year they say. The survey was carried out using Government figures and by carrying out interviews of homeless families in Hostel and B&B accomodation,…
Allen Walkey
Population growth to support house prices.
Recent reports show that house prices continue to rise across the UK, as much as the experts continue to talk down the UK property market it seems demand is on the whole still increasing, the rate of growth in UK house prices is now at a six-month high. Any talk of a housing bubble being…
Allen Walkey
Predicted house price rises over next 5 years
According to a report out last week in one of the main stream newspapers the average house price in the UK will rise by 25% over the next five years to more than £320,000, this is a revised prediction by the Centre for Economics and Business Research, one of the country’s most respected forecasters. This…
Allen Walkey
New homes market bouyant reports NHBC
New home registration statistics for the UK fell marginally by 2% during Q3 when compared to the same period last year, according to new figures released yesterday by NHBC. Housing Industry experts attribute the drop in public sector registrations to the fact that many housing associations are holding back on developments in light of welfare…
Allen Walkey
Decline in mortgage approvals for September
Official figures released yesterday show mortgage approvals declined for the first time in four months in September. According to data published by the Bank of England, mortgage approvals for house purchases declined from 70,664 to 68,874 last month, compared with analysts’ expectations for a 72,500 reading. Overall lending rose at its fastest rate since December…
Allen Walkey
Nationwide HPI October
According to The Nationwide House Price Index (HPI) house prices in October in England and Wales increased by 0.6%. Annual house price growth in October moved up to 3.9% . Commenting on the figures, Robert Gardner, Nationwides Chief Economists, said “UK house prices increased by 0.6% in October, with the annual pace of price growth…
Allen Walkey
Market trend data for September
Land Registry monthly market trend data for residential property prices in England and Wales. The September data shows an annual price increase of 5.3 per cent which takes the average property value in England and Wales to £186,553. Monthly house prices up 1.0 per cent since August 2015. The regional data indicates that: The region…
Allen Walkey
Housing costs in Capital causing poverty.
According to a report by New Policy Institute it found that 27% of Londoners live in poverty compared to 20% in the rest of England, the key driver of this poverty is the cost of housing in the capital. The lack of affordable housing has forced many low-income households into private renting, rents in London…
Allen Walkey
HCA Housing Market Bulletin October
The Homes and Communities Agency Bulletin for October 2015. National average house price increases have slowed but still remain higher than both retail price inflation and average wage inflation. The seasonally adjusted trend in the number of home sales has generally been upwards in 2015, and total mortgage lending continues to increase. Commercial and infrastructure…
Allen Walkey