Breaking News
Surge in home buyers with budgets between £500,000 – £750,000
Despite the global crisis, covid-19, the property market is holding it’s own with frequent reports showing a buoyant market with activity increasing from last year from property portal visits to buyers. “The average home achieved 98.6 per cent of its initial asking price over the past month– a record high and up from 97.8 per…
EAN Breaking News
Public inquiry to decide on 1,800 homes for outskirts of Milton Keynes
“… with the plans for road access blocked by Milton Keynes Council, the developers can’t start work on the site.” I say yes and you say no… Not the Beatles lyrics from ‘Hello, Goodbye‘ instead it is the divided decision/vision of Buckinghamshire Council and Milton Keynes Council. The new estate which has been approved…
EAN Breaking News
Estate Agency claims “… record demand for viewings, offers and sales”
Positive news is always warmly received and especially in amongst the quite negative news that 2020 seems to be bringing upon us let alone the covid-19 shaking up most peoples lives and businesses. Estate agency Bedfords, located in Burnham Market of Norfolk, have recently had some positive news shared on the Lynn News website that…
EAN Breaking News
Plans given the go ahead for new apartments in St Ann’s
Nottingham City Homes (NCH) has been granted planning permission to build 48 new council apartments in St Ann’s. The flats will go to single people and couples on the council house waiting list and will be built on the site of the former care home at Oakdene, Woodborough Road, St Ann’s. NCH expect to appoint a…
EAN Content
Village enquiries double as city dwellers escape to the country
City residents contacting estate agents to buy a home in a village rose by 126% in June & July compared to the same period last year, outperforming a 68% uplift from people in cities enquiring to towns The shift in more buyers looking to move outside cities began in April and is continuing, with the…
Rightmove
Record Leads For OnTheMarket In July
OnTheMarket plc, the majority agent-owned company which operates the OnTheMarket.com property portal, announces that it has continued to set new records with the number of leads delivered to advertisers. In July 2020, the portal generated more than 2 million leads, an 11% increase from June, with an average of 148 per advertiser.¹ Visits also exceeded…
Vikki Bennett
OnTheMarket’s TV advert returns
The OnTheMarket advert is back on TV (Monday 3 August) and will be aired thousands of times over the next few weeks. The portal has secured some great programming spots across ITV, Channel 4 and a wide selection of hard-working digital channels, including many on Sky. On ITV, the advert will appear in Joanna Lumley’s…
Vikki Bennett
£22,000 premium for homes with south-facing gardens
Homes listed as having a south-facing garden are priced at £22,695 higher on average than homes without, a 7% national asking price premium1 Yorkshire & the Humber has the highest asking price premium of 14%. It’s also where homes with south-facing gardens sell faster compared to those without, a difference of eight days. Nationally, homes…
Rightmove
Will High Streets Become Homes?
The government is planning on removing the red tape so that boarded up shops and abandoned offices can be turned into homes without the need for full planning permission, under new laws being introduced today. It will make it easier for developers to switch shops to homes without needing to submit a planning application. Builders…
EAN Breaking News
APPG for SME builders report highlights best builders
The All Party Parliamentary Group (APPG) for SME House Builders has released its report, ‘Ways to improve the planning system in the UK’, which identifies many of the barriers small and medium sized housebuilders (SMEs) face when entering, engaging with and navigating the planning system. Richard Beresford, chief executive of the National Federation of Builders…
Christopher Walkey
House Price Index – Unexpected mini-boom pushes prices to record high
Britain gets moving – unexpected mini-boom pushes prices to record high Average asking price of property coming to market in Britain hits a record this month, 2.4% (+£7,640) higher than in March pre-lockdown, and the 3.7% annual rate of increase is the highest since December 2016 Mini-boom gathers momentum as all nations reopen and…
Rightmove
Record rents outside London, though landlord shift from holiday lets sees capital’s rents fall
Asking rents outside London hit a record of £845 per month, up 3.4% on the same time last year, the highest annual rate since Q2 2016 Record rental demand as phone and email enquiries to agents hit a new all-time high on Monday 6th July, and rental demand is now 40% higher than this time…
Rightmove
Boost for southern commuter belt as demand jumps 49% for £400k-£500k homes
Since the stamp duty holiday announcement there has been a 49% surge in enquiries to agents for homes priced between £400,000-£500,000, compared to an overall uplift of 14% The tax saving of £15,000 has also increased demand for properties priced £500,001-£750,000, with enquiries up 40% Sales agreed in the week following the announcement saw the…
Rightmove
Augmented, Virtual Reality will Emerge as the New Normal in Real Estate
Virtual reality and real estate are going to become much more closely linked in the coming years. With the advent of 5G, it is expected that there will be a rise of 3D models that bring virtual reality planning and viewings to the real estate and property sector. VR has already proven to be a…
EAN Breaking News
What does the term ‘Fleecehold’ mean?
Though a word that have been around and discussed, usually with concern, fairly often we are now seeing a new trend of property appearing with the word ‘Fleecehold’ in the legal paperwork. So, what exactly does Fleecehold mean? Typically when you are purchasing a property it will be either leasehold or freehold. Leasehold means you…
Christopher Walkey