Breaking News
You can’t level up without proper policy
The Government has announced a £1.5billion ‘Levelling Up Home Building Fund’ to help small and medium sized housebuilders (SMEs) build 42,000 homes and it will form part of their ‘Levelling Up’ white paper. The details of the strategy are expected to be released during the week beginning 7 February 2022, but many will ask if…
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Bexhill-on-Sea tops new year supply hotspots
Bexhill-on-Sea, East Sussex, has topped the list of new year supply hotspots – areas where more new properties are coming onto the market for sale than the same period last year The number of new properties coming to market for sale in Bexhill-on-Sea is nearly double that of the same period last year (+88%) High…
Rightmove
WEEKLY NEWS ROUNDUP – 28/01/2022
A roundup of the week’s top property and proptech news stories in partnership with Proptech-X Silver jubilee for Guild of Property Professionals membership Report commissioned by NRLA shows it has been a taxing time for landlords Coadjute powers forward with strategic Credas tie-up Thirdfort analysis: 25% of agents not registered with HMRC Silver jubilee for…
Andrew Stanton
BREAKING PROPERTY NEWS – 27/01/2022
Daily bite-sized proptech and property news in partnership with Proptech-X. Thirdfort analysis: 25% of agents not registered with HMRC It is a legal requirement if you are an estate agent or deal in property that you register every year with HMRC to comply with the anti-money laundering (AML) policy and pay an annual fee….
Andrew Stanton
Rents increase at fastest ever rate as tenant competition doubles
Average asking rents have increased at the fastest rate on record, and are now £1,068 per calendar month (pcm) outside of London – 9.9% higher than this time last year Average rental growth is outpacing house price growth in all but three regions (East Midlands, South West & South East) London rents hit a new…
Rightmove
BREAKING PROPERTY NEWS – 26/01/2022
Daily bite-sized proptech and property news in partnership with Proptech-X. Coadjute powers forward with strategic Credas tie-up As I have reported many times, there is an ever-quickening realignment of the major architecture pieces that will run the future of real estate. Software and new technologies are not just automating processes, they are ensuring a…
Andrew Stanton
BREAKING PROPERTY NEWS – 25/01/2022
Daily bite-sized proptech and property news in partnership with Proptech-X. A changing of the guard at Leaders Romans Group Platinum Equity, an American private equity investment firm founded by Tom Gores, is to acquire Leaders Romans Group (LRG), with its present ownership by The Bowmark Group coming to an end. Those in the industry will…
Andrew Stanton
BREAKING PROPERTY NEWS – 24/01/2022
Daily bite-sized proptech and property news in partnership with Proptech-X. Silver jubilee for Guild of Property Professionals membership Over the past twenty-five years, The Guild of Property Professionals has grown from an idea to an award-winning supplier in the property industry with over 800 members across the UK. This year, The Guild is celebrating its membership…
Andrew Stanton
WEEKLY NEWS ROUNDUP – 21/01/2022
A roundup of the week’s top property and proptech news stories in partnership with Proptech-X iamsold’s modern method of auction thrives during 2021 OnTheMarket adds crystal clarity through its Autoenhance tie-up Agent & Homes opens second London hub to support its agents Will government intervention be the only way to mend the housing market? iamsold’s…
Andrew Stanton
BREAKING PROPERTY NEWS – 20/01/2022
Daily bite-sized proptech and property news in partnership with Proptech-X. PRESS RELEASE: A waste of space – Homeowners sitting on £791.bn in spare room value Research from the game-changing property platform, Boomin, has revealed that the value of the nation’s spare rooms is estimated at at least £791.5bn, and that’s just those of us that admit to…
Andrew Stanton
BREAKING PROPERTY NEWS – 19/01/2022
Daily bite-sized proptech and property news in partnership with Proptech-X. Agent & Homes opens second London hub to support its agents Just three months after opening its first high street hub in Ladbroke Grove, Agent & Homes has opened a second hub in Islington. Rollo Miles, the founder of the ground-breaking platform for agents, says the…
Andrew Stanton
BREAKING PROPERTY NEWS – 18/01/2022
Daily bite-sized proptech and property news in partnership with Proptech-X. OnTheMarket adds crystal clarity through its Autoenhance tie-up Jason Tebb CEO of OnTheMarket, has just announced yet another commercial tie up with a supplier that will enhance the quality of inventory placed on the portal. Autoenhance.ai, as the name suggests, enhances property images at…
Andrew Stanton
BREAKING PROPERTY NEWS – 17/01/2022
Daily bite-sized proptech and property news in partnership with Proptech-X. How much inventory do estate agents actually have to sell? Last Friday on my travels, I stopped off at Storrington in West Sussex, your typical sized town. As I walked around the centre with my co-directors Ann and Zara, we peered in all the…
Andrew Stanton
Rightmove House Price Index: Early-bird sellers benefit from busiest ever start to a New Year
The average price of property coming to market jumps by 0.3% this month (+£852) to £341,019, which is 7.6% higher than in January 2021, the highest annual rate of price growth recorded by Rightmove since May 2016 First-time buyer asking prices hit a new record of £214,176 after a monthly jump of 1.4% Strong demand…
Rightmove
Homelet Rental Index: Rent Price Increases Yet Again in Final Month of 2021
AVERAGE UK RENT PRICE RISES TO £1060 PCM THE AVERAGE RENT PRICE FOR THE FINAL MONTH OF 2021 WAS 8.3% HIGHER THAN THE SAME TIME IN 2020 EXCLUDING LONDON, AVERAGE PRICE RISES TO £893 LONDON SEES SMALL DECREASE TO £1,752 PCM SOUTH-WEST SEES LARGEST MOM RISE OF 2% YOU CAN FIND FURTHER DETAILS AND DATA TABLES HERE HomeLet has released THE RENTAL INDEX figures…
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