Breaking News
Iain McKenzie, CEO of The Guild, comments on the UK House Price Index:
The stamp duty holiday and urgency it has created in the property market continues to have a positive impact on house prices with the UK House Price Index data showing a 1.7% monthly price change in the UK in September, with the annual change at 4.7%. The report reveals that house price growth was the…
EAN Breaking News
Mumbles in Wales is Britain’s top coastal price hotspot
A new study from Rightmove reveals Great Britain’s top coastal price hotspots, with Mumbles in Wales leading the way, followed by Camber in East Sussex and Fowey in Cornwall Average asking prices in Mumbles have risen by 47% since 2015, which is a bigger five-year increase than any other coastal area in Great Britain Sandbanks…
Rightmove
Help to Buy: Equity Loan scheme (2021-2023) NOW OPEN!
“First-time homebuyers who are eligible for an equity loan can borrow up to 20% (40% in London) of the purchase price of a new build home. Check with your homebuilder that they are registered for the scheme before you apply.” source helptobuy.gov.uk The official government website ‘help to buy’ has released new figures on what…
EAN Breaking News
Giraffe360 raises $4.5M to expand their service
Giraffe360 has raised $4.5M on the back of 10x revenue growth to further expand their unique “camera-as-a-subscription” service for the real estate industry The PropTech startup has raised a $4.5M funding round to further accelerate its 10x growth. Leading the round are LAUNCHub Ventures and Hoxton Ventures joined by another European VC firm, HCVC (Hardware…
EAN Breaking News
Rightmove House Price Index: Strong lockdown demand as new sellers price keenly to beat March deadline
• Average price of property coming to market dips by 0.5% (-£1,505) from last month despite continuing strong buyer demand as new sellers join the rush to sell and beat the March stamp duty deadline • Demand and activity compared with October last year are strongest in the price bands and regions where buyers are…
Rightmove
Airport ‘takes off’ 5.55 hectares for new housing
More good news for new housing figures and especially that they will be sustainable built, the Highlands and Islands Airports Limited (HIAL) has sold off some of their land to a local developer with planning application already submitted. A parcel of land totalling 5.5 hectares is now in the hands of developers to provide new…
EAN Breaking News
Nottingham’s Housing to Health initiative steps up to meet COVID-19 need
During the COVID-19 pandemic, a health and housing scheme in Nottingham is showing the value of partnership work in supporting residents to find good quality housing that helps them stay healthy and reduces unnecessary time in hospital. Nottingham’s Housing to Health (H2H) project, is run between the NHS, Nottingham City Homes and Nottingham City Council…
EAN Content
Affordable & Sustainable Homes for Scottish Salmon workers
Scottish Salmon Producers Organisation has led a now to be fruitful campaign that will see new affordable homes provided for key salmon farming workers in the Scottish Highlands. On top of this great idea homes will also be sustainable further benefitting and respecting the region which currently sees homes priced usually beyond the affordability of…
EAN Breaking News
Connells sniffing out COUNTRYWIDE PLC (CWD)
Buyouts can be music to many an investors ear, it can send share prices shooting towards the stars and the excitement they bring can add much positive PR boosts for the brands in question. Countrywide PLC have had a somewhat rocky ride in recent years and only recently were juggling bone china plates with much…
EAN Breaking News
Comment from Iain McKenzie on Halifax HPI:
High levels of property transactions continue to have a positive impact on house prices with the Halifax House Price Index reporting that house prices were +7.5% higher this year than they were in the same month in 2019. The average house price in the UK is now £250,457, breaking through the quarter of a million…
EAN Breaking News
Knight Frank: “buyers seek outdoor space and greenery”
Knight Frank’s latest prime London sales and prime London lettings data: Key highlights: Sales: · Property prices in prime outer London rise as more buyers seek outdoor space and greenery – Prices rose 0.9% in prime outer London in the three months to October, which was the highest such rise in five years. The…
EAN Breaking News
Demand for cheaper housing in USA weakens
The American Real Estate market has had a fairly good time this year and has held strong even against the out break of covid-19. What we must always take note of though, of the housing market in the USA, is it usually shows what will soon to happen in the UK. The election in the…
EAN Breaking News
Fine & Country Market Report – Transaction levels recover
Before the lockdown announcement was made, the number of transactions completed was returning to pre-Covid levels. This is according to Nicky Stevenson, MD of Fine & Country UK, who says that during September this year, HMRC has estimated that 98,010 transactions completed. She adds that newly agreed sales since July have been between 42%…
EAN Breaking News
Boris Johnson hits the ‘Lock-Down’ button again
In a repeat of his actions back earlier in the year when he said we need to flatten the curve, Boris Johnson the UK Prime Minster is locking the country down again based on guesstimates and predictions of a slideshow of graphs. So again it means a pause to the UK property industry and will…
Christopher Walkey
Edinburgh sees biggest five year rise in number of million pound streets
The number of million pound streets in the Scottish capital has jumped from just two in 2015 to 22 this year, the biggest five-year increase of anywhere in Great Britain In London, Hackney has seen the biggest rise in million pound streets, whilst at a county level, Warwickshire has seen the biggest five-year growth Outside…
Rightmove