Breaking News
Capital’s Car Parking Sold Prices hit £219k:
Capital’s Car Parking Sold Prices hit £219,000 – The worst revealed and where you can get a foot on the ladder for the price of a London parking space: The latest research from leading London sales and letting agent, Benham and Reeves, has revealed the high price of parking in the capital for those forced…
Properganda PR
Street price premiums: ‘Square’ commands 117% above average
The latest research by property finance specialists, One77 Mortgages, has looked at what road type commands the highest property prices across the nation. Using Land Registry data, One77 analysed thousands of property records over the last year to find the average sold price across the likes of Road, Hill, Avenue and more, to see which…
Properganda PR
The Guild says that it leads in the industry in market share?
According to figures provided by Twenty EA, an independent statistics provider, as a collective group, The Guild of Property Professionals currently has the highest percentage of market share of new instructions in the UK at 5.17%* (1st January – 7th March 2019), with the next estate agency brand representing 3.98%*. Iain McKenzie, CEO of The…
EAN Breaking News
£3 Billion affordable housing promised? by Government
The Chancellor Philip Hammond today announced that the government has planned a budget of £3 billion that will be put towards the supply of affordable housing thus around 30,000 affordable homes. The government are not in many people’s good books as of late and especially with their comical handling of the democratic vote to leave…
EAN Breaking News
Reaction to the Spring Statement from Iain McKenzie
Iain McKenzie, CEO, The Guild of Property Professionals “Aside from announcing a new £3 billion Affordable Homes Guarantee scheme, the Spring Statement didn’t deliver much for the property market, which was expected given the lack of stability in the political arena and the no-deal Commons vote later today. What is needed are measures to improve…
EAN Breaking News
NFB: starter homes are a non-starter
Kit Malthouse admitted that the Government will fail to keep its 2015 election promise to build 200,000 starter homes by 2020. In 2016, the Government allocated £1.2 billion to the ‘starter homes’ programme, which aimed to build 200,000 properties exclusively for first-time buyers at a 20% discount on their market value. When asked how many…
EAN Breaking News
What’s occurring? Barry tops the list for house price growth in Great Britain
The home of one of the nation’s favourite sitcoms is currently Great Britain’s hottest market for property asking prices, new Rightmove data can reveal. Barry, in the Vale Of Glamorgan in Wales, which fans of BBC’s Gavin and Stacey will know as Stacey’s hometown, is currently the most thriving housing market with average asking prices…
Rightmove
First Time Buyers is said to be 50% of Scotland’s Property Market
Latest figures released by the Bank of Scotland First-Time Buyer Review show that first time buyers account for 50% of all house purchases within the country – 34,519 in 2018 which is an increase of 56% from 22,100 only a decade ago. It is also revealed that 50% of all house purchases with a mortgage is…
EAN Breaking News
Flat Pack Homes way forward for Welsh housing association?
Innovative, fast, cheaper and more could be thought of when flat pack is mentioned for homes – The new way forward is being built by The flat-pack communities being built by a Welsh housing association, Grŵp Cynefin, in a community of modular homes near Corwen in Denbighshire. Said to be the future of house building (maybe…
EAN Breaking News
TPO Issues Guidance to Agents on Dual Fees
Disputes over Dual Fees, where two estate agents have been instructed and both are claiming a fee for selling a property, have always been a regular cause of complaint to The Property Ombudsman (TPO). In 2017, TPO received 32 cases relating to dual commission fees, in 2018 there were 72 cases and so far in…
EAN Breaking News
Holloway prison to make way for 1,000 New Homes
A deal in the region of £81.5 million with the housing association Peabody will see Holloway Prison, that is in the location of north London, being turned in to 1,000 homes. The site totals 10 acres and is famous for having held as inmates Myra Hindley and Rose West. It is hoped that 600 homes…
EAN Breaking News
Extra CITB funding only half the battle
If the Government wants to tackle the construction skills shortage, it must support SMEs. The Construction Industry Training Board (CITB) has announced that apprenticeship funding will increase by 30%. From 1 April 2019, CITB attendance grants given to employers will increase to £2,500 per year. In addition, employer achievement grants will rise to £3,500 once…
National Federation of Builders
BREXIT: The Guild’s National Advisory Council Update
While the government has put several incentives in place to boost the first-time buyer’s market, the uncertainty surrounding Brexit and its full impact on the housing market, deposit requirements and property prices have left many would-be homeowners waiting on the side-lines for now. “Over the past couple of years, the government’s initiatives to increase first-time…
EAN Breaking News
Housing affordability lowest level in a decade in 2018
Forget the good old days – Housing affordability was at its highest in 2016 but 2018 brought the lowest level in a decade The latest research from property finance specialists, One77 Mortgages, has looked at how house price affordability has really changed over the years and when homeownership was at its most obtainable, based not…
Properganda PR
Finalists announced for the National Federation of Builders’ 7th annual awards
The awards reflect the dynamic nature of the construction industry and the excellent standards that have been achieved. The NFB Awards 2019 will celebrate the high quality work and commitment delivered by NFB members across England and Wales. The awards reflect the dynamic nature of the construction industry and the excellent standards that have been…
National Federation of Builders