Breaking News
Hunters acquires Country Properties
The sales and Lettings agents Country Properties founded in Hitchen in 1974 has been acquired by Hunters the estate agents who already have 157 branches across the country and abroad. Country Properties who have branches across, Herts, Beds and Cambs have grown their operation to 23 branches, under Managing Director, Ian Wilson . The business…
Allen Walkey
£1 million by 2030
£1 million by 2030, thats the figure that average house prices in London are expected to reach, that is double the present price, according to the Office for National Statistics the average home in the capital is now priced at £490,000. There is no doubt that the London property market is the most demanded in…
Allen Walkey
Sold sign award
I just had to share with our readers an article that appeared in the Rugby Advertiser yesterday, the article was headed “Five times lucky for Estate Agent” The article which had as its first paragraph: Edward Knight estate agents are proud to announce that for the fifth time in a row they have been confirmed…
Allen Walkey
Cream Club (CABEC LTD) enters Voluntary Administration.
Information online states that the Appointment of Administrators Notices – 14 May 2015 includes: The Cream Club CABEC LTD Company Number 07459665 Registered office: c/o Cream Group, Unit S3, Compass Point Business Park, St Ives, PE27 5JL Looks like the Cream Club is going under and many people will say, ‘again’. Will they return once…
Christopher Walkey
Rent rises across UK
It has been reported that rent rises across the UK have matched the pace of Greater London for the first time, figures from HomeLet shows that the pace of which rent has risen from April 2014 to the same month in 2015 in London was 7.5% The UK’s average price per month has hit £916….
Allen Walkey
Overseas buyers
The election result has had a positive effect both for overeseas buyers attracted to the prime property market centered mainly around London and the south east of England, and the expatriate buyer looking towards retirement abroad. We have already had many reports out since the election on how the overseas buyers from Russia, Middle East…
Allen Walkey
Fall in new instructions says RICS
According to a most recent RICS UK residential market survey, the monthly house prices index has moved up in April to +33 from an upwardly revised +22 in March , data showed that for a third consecutive month there was a decline in supply of property, while 33% more surveyors saw prices rise in April,…
Allen Walkey
Allsop online-only
Allsop launches the UK’s first ever online-only auction for new build homes, it begins with the auction of phase 2 of the West Drayton Waterside development on Thursday 11th June. Bidding will open at 10am on Wednesday 10th June with bids starting to close from 10.05 on Thursday 11th June. Allsop already a market leader…
Allen Walkey
Landlords prefer semi-detached
A survey recently put out by Paragon the buy-to-let lender shows that 35% of landlords prefer the semi detached property when searching for a property to rent out, that figure is up from 23% in the last quarter of 2014. Terraced properties have reportedly fallen out of favour of prospective landlords, over the last three…
Allen Walkey
Chinese property investors
The election result is already sending out the signals that UK is again the place for overseas property buyers to invest their money, the conservative victory is seen as a confirmation of stability and growth in the high end property market, especially now that the threats of Mansion Tax and Non-Dom status reform have evaporated…
Allen Walkey
Luxury property buying surge
London property agents reported a surge in activity within hours of it being confirmed that the Tories had won the 2015 General Election with a majority. The threat of the proposed Mansion Tax disappeared along with the threat of a Labour/SNP coalition, giving the green light to buyers that London was again an attractive place…
Allen Walkey
10 million visits
According to reports UK agents’ website, OnTheMarket.com has attracted 10 million visits in three months, Chief Executive, Ian Springett, reportedly says, “We are confident in becoming the number two property portal by the end of January 2016 on our way to achieving our medium term objective of becoming the market leader.” “We are experiencing impressive…
Allen Walkey
A great result
A really great result for the property market as David Cameron settles back in No.10 with an overall Majority, after months of speculation on the outcome of the election people can now really get on with their lives in the knowledge that we have a Government in charge who puts growth first. Many buyers had…
Allen Walkey
Connells Group piloting raterAgent.
Connells joins other award-winning clients of raterAgent, including Webbers, Marsh & Parsons, Keatons and Anthony Pepe, amongst hundreds of others agents across the UK. It marks another milestone in the site’s growth, just 4 months since it launched in ‘beta’ testing, alongside its competitive and free-to-enter ‘Agent of the Week’ award for the best client…
Christopher Walkey
One hundred complaints.
Since October last year it was mandatory that Property Agents be joined up to a consumer redress scheme, essentially a scheme authorised by the Department for Communities and Local Government (DCLG) and National Trading Standards, a role in which the scheme would provide fair and reasonable resolutions to disputes between members of the public and…
Allen Walkey