Breaking News
February 2020 UK HPI from HM Land Registry
The UK House Price Index will continue to be released on a monthly basis and we will review the ongoing impact of the COVID-19 pandemic on the amount of transactions available. The index will continue to reflect the property market, although we are anticipating lower volumes in transactions starting from next month’s release following the…
HM Land Registery
The worst-hit areas of the property market freeze so far
Last week GetAgent.co.uk released its interactive real-time dashboard of how the market is performing under the pressure of a pandemic and the lockdown, both nationally and at postcode level. The estate agent comparison site has now released data looking into which areas of the UK have been hit the worst, based on the reduction of property…
Properganda PR
Rightmove House Price Index – Estate agents go virtual and homeowners research during market pause
Not enough properties coming to market to provide meaningful new seller asking prices this month Abrupt turnaround from best start to a year since 2016 to new sales now being almost impossible. Pre-lockdown sales agreed in the year to 23rd March were 11% up on the same period last year Existing sellers stay on the…
Rightmove
An immediate stamp duty holiday is needed
The National Federation of Builders (NFB) joins the Royal Institute of Chartered Surveyors (RICS) in calling for a temporary stamp duty holiday. Richard Beresford, chief executive of the NFB, said: “A temporary stamp duty holiday would encourage new build sales and release some much needed cashflow back to our struggling housebuilders. It would also ensure…
National Federation of Builders
The best areas to live in the UK for successful self-isolation
The latest research by Hamilton Fraser’s deposit replacement scheme, Ome, has investigated the most affordable locations across the UK with the lowest population to maximise the chances of successful self-isolation during the current COVID-19 pandemic, whilst also avoiding those still yet to master the art of sitting on the sofa. Ome looked at the estimated…
Properganda PR
Real-Time COVID-19 Market Movement Dashboard: How is the pandemic impacting sellers and agents?
Estate agent comparison site, GetAgent.co.uk, has released its live, interactive dashboard detailing how the Coronavirus pandemic is impacting UK property market activity, as well as the results of its market sentiment survey of home sellers and estate agents, and their feelings towards current market conditions. While uncertainty around the current pandemic and its impact on…
Properganda PR
HMRC confirms job retention scheme due to make payments this month
The Chief Executive of Her Majesty’s Revenue and Customs (HMRC), Jim Harra, has today announced that the Coronavirus Job Retention Scheme (CJRS) for furloughed workers is due to open on 20th April 2020 but the National Federation of Builders is warning against further delay. The CJRS was announced on 20th March 2020 and is due…
National Federation of Builders
NFB asks CITB to cancel 2020 levy
The National Federation of Builders (NFB) has today written to the chief executive of the CITB, Sarah Beale, asking that CITB consider cancelling the 2020 levy, to help aid cash-flow in the construction industry. Commenting in the letter, Richard Beresford, chief executive of the National Federation of Builders (NFB) said: “It is highly likely that…
National Federation of Builders
Estate Agency Union group agree new package with Zoopla
Taken from Estate Agency Union Facebook Group – https://www.facebook.com/groups/594500781279496/permalink/605278433535064/ I can now reveal the terms discussed with Zoopla Thanks go to Alan Goldin, Phillip Wise and Richard Dangoor for all their help and input This is what was agreed yesterday It was in line with part of their initial offer but we have tweaked it…
EAN Breaking News
NFB warns Government of cash-flow crisis amid continuing construction
The National Federation of Builders (NFB) is warning the Government of an impending cash-flow crisis in the construction industry as its members continue to wait to hear when the Government’s Coronavirus Job Retention Scheme (CJRS) will open and be available to make payments. The Treasury had previously pledged that the portal, set up to support…
National Federation of Builders
Millions of homeowners impacted as Government announces strictest measures yet to enforce social distancing
Over 15million homes could be impacted after the Government announced new rules to enforce social distancing, as large swathes of the nation continue to ignore advice to only leave the house where absolutely necessary, to stay in groups of just two people and to remain two metres apart at all times. As a result, the…
Properganda PR
UK House Price Index January 2020
The January data shows: on average, house prices have fallen by 1.1% since December 2019 there has been an annual price rise of 1.3%, which makes the average property in the UK valued at £231,185. England In England, the January data shows on average, house prices have fallen by 1.2% since December 2019….
HM Land Registery
A lack of clarity is shutting down construction
Members of the National Federation of Builders (NFB) have expressed concerns that the lack of clarity from the Government is causing the construction industry to close down. As well as reducing productivity to ensure on site social distancing, reduced access to materials and public opinion has made it extremely difficult for industry to operate. Richard…
National Federation of Builders
The apocalyptic home improvements to protect your house for the end of the world
With a worldwide health pandemic, people irrationally panic buying and a countrywide lockdown, you’d be forgiven for thinking the end of the world was nigh. It can be costly to panic buy five years worth of loo roll and hand sanitizer, so leading tradesperson comparison site, HaMuch.com, has looked at where that money could be…
Properganda PR
Calls for ISA extension as deadline looms
Peer to peer lending platform, Sourced Capital, has called for a delay to April’s ISA deadline due to the impact of the Coronavirus to allow those investing via an Innovative Finance, Cash or Stocks and Shares ISA to make the most of their tax-free allowance. Sourced Capital, also looked at the returns of the Cash,…
Properganda PR