Breaking News
Unexpected jump in house prices in February according to RICS
House prices in the UK jumped unexpectedly last month according to one of the most widely followed industry surveys, The Royal Institute of Chartered Surveyors, this was well ahead of the median forecast expected by economists, residential prices in London were the exception and registered a drop. “It is encouraging that the negative trend…
Allen Walkey
How your vote may affect the property industry.
The majority of both large and medium sized UK businesses have backed a Conservative win in the upcoming general election, research by accountancy firm BDO has revealed. The BDO poll also showed that half of the bosses of mid-sized companies would value a more equitable approach to taxation, particularly with business rates. The same number…
Allen Walkey
Stamp Duty revenues hit record high.
Another boost for George Osborne just prior to the budget next week as stamp duty revenues are set to hit a record high of £8billion in the current financial year, this follows on from the stamp duty reforms announced earlier in the year along with a soaring domestic housing market, the last high in…
Allen Walkey
Foxtons Group plc, London’s leading estate agent, today announces its financial results.
Foxtons today announced their financial results for the year to Dec 31st 2014. reporting an overall 8.2% increase in profits, they offer a balanced business with sales at 48.5%, lettings at 46.8% and mortage broking at 4.4%, Sales volumes reduced 3.7% for the year due to a market decline in the second half of the…
Allen Walkey
£10,000 up front to rent a bathroom-sized London apartment.
Without even seeing it first, a tenant paid £10,000 up front to secure a bathroom-sized London apartment which had only been on the market for just over half an hour. Located in eastern Soho border by Regent Street, the tiny flat was secured within minutes and was moved in to just two hours later with…
Christopher Walkey
Kremer Signs Acquire Site Signs.
Kremer Signs are pleased to announce some very exciting plans for 2015 and are starting with the acquisition of Site Signs. Site Signs have been established since 1964, and have been catering for the signage needs of estate agents for over 50 years. The premises is based in Bristol and will remain there as a…
UK house price inflation cooling.
Average house prices increased by just 0.1% from the previous month to £271,000, the slowest growth since March, when prices fell by 0.4%, according to the Office for National Statistics. House price inflation measured on an annual basis cooled to 10.4% from a seven-year high of 12.1% in September. London and the south east house…
Allen Walkey
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