Breaking News
Students urged to check before paying landlord and agent fees
A warning about illegal fees has gone out to students in Nottingham as their thoughts turn to accommodation for the next academic year. It has come from Nottingham City Council’s Trading Standards team and, while the advice applies to everyone, it is particularly timely for students seeking a place to live in 2021/22. The aim…
EAN Content
Average age of the first time buyer in the UK is 34 years old!
A new study by Money.co.uk has revealed the average age of the first time buyer across 25 countries. Over the past decade, the age of the first time buyer has slowly been on the rise, making Brits on average 34 years old by the time they’ve brought their first property. However, some countries are jumping…
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St Ives named happiest place to live in Great Britain
The Cornish coastal town of St Ives has been crowned the happiest place to live in Great Britain, topping Rightmove’s 2020 Happy at Home Index In second place is Skipton in North Yorkshire, and taking third place on the podium is Leamington Spa in Warwickshire Richmond upon Thames has been named the happiest place to…
Rightmove
U-Turns and Roundabouts – Governments’ Tier means no real change:
Paul Offley, Compliance Officer at The Guild of Property Professionals: As expected there is no real change for our industry under the new Tier restrictions. Agents have been working hard for many months to ensure that they can continue to provide a professional service to sellers, buyers, landlords and tenants in a fully Covid-secure way…
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September 2020 UK HPI from HM Land Registry
The September data shows: on average, UK house prices have risen 1.7% since August 2020 there has been an annual price rise of 4.7%, which makes the average property in the UK valued at £244,513 In England house prices have risen by 1.6% since August 2020 and by 4.9% annually taking the average property value…
HM Land Registery
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…
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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…
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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…
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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…
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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…
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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…
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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…
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