Estate Agent Talk
Where is £500k best invested in the current property market?
The latest research by the peer to peer lending platform, Sourced Capital, has taken a look at where’s best to invest in the current property landscape. Sourced Capital looked at the average annual return available on a £500k investment across both the commercial and residential buy-to-let markets, to see which makes the most financial sense…
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Renting in a sustainable city could cost you 179% more in rent
The latest research by the international marketplace, Spotahome, has found that opting to live and work in one of Europe’s most sustainable cities will set you back 179% more per month compared to those at the other end of the scale. Using data from the European Cities SDG Index, an index ranking each city’s sustainability…
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How much does a property with a royal neighbour cost?
This Saturday, 13th June, marks the Queen’s birthday and the latest research by GetAgent, has looked at the cost of calling Her Majesty or another member of the Royal Family a neighbour, when it comes to property prices around each of their royal homes. GetAgent looked at the average cost of buying in each outcode…
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Just two global indices remain in positive territory since the pandemic has hit
Research by Sourced Capital shows that just two global indices have seen positive movement since the start of the COVID-19 pandemic, with the rest all in negative territory since the end of last year. Across the 19 global indices, average growth currently sits at -10% since pre-pandemic levels seen in November 2019. Just two have kept…
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UK property firms brace for financial hit as furlough ease approaches
The Government is supporting the property industry through wage support to the tune of £122m per month. But not for long. From August, estate agency employers like every other will be required to support the cost of furlough in respect of funding employer national insurance and pension contributions. From September an additional 10% will be…
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Who needs a holiday when you can rent in Liverpool for three months for the same price?
The average person in the UK spends £826 on a week of sun, sea and sand each year, however, with many travel restrictions still in place, a trip abroad is looking increasingly unlikely in 2020. With an average of 2.4 people living in each household, the silver lining is a potential saving of £1,652 for…
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Moving home still tops the stress level chart – beating having a baby, marriage and job interviews
52% of the nation feel moving home is one of the most stressful life events and with the additional requirements of social distancing and other pandemic based procedures, it’s just got a whole lot more stressful. When it comes to moving, 28% find it more stressful than having a baby, getting married, going to job…
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Lisbon over London – the safest EU cities for working professionals relocating after lockdown
The latest research by Spotahome, the international rental marketplace, has highlighted which of Europe’s most popular capital cities for working professionals is home to the best mix of rental affordability and safety; for those looking to move once travel lockdown restrictions have eased. Spotahome attributed each city with a safety rental score, based on a combination of…
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Eviction ban extension could face tenants with over a year of rent arrears payments
Tenants across the UK could be facing months of rent arrear payments as a result of the current pandemic, with the average tenant expected to take as long as seven months to repay just three months rent, climbing to 14 for the worst hit, according to research conducted by deposit replacement scheme Ome. Currently, tenants…
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New Property Overlooking the Jewellery Quarter
The Jewellery Quarter in Birmingham saw the largest property price increase in the city in 2019 One Touch Property is pleased to present a sustainable property development in the B1 post code of Birmingham comprising 226 luxury apartments is now available for purchase. JQ Rise will be made up of one, two, and three-bedroom apartments,…
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Demand for a home office soars in London & adding one could boost your property value by £41k
Across London, demand for homes with a home office has increased notably since the start of lockdown, up from 8% to 27%according to research by leading lettings and estate agent, Benham and Reeves. Benham and Reeves looked at the number of homes listed online with a home office as a featured selling point and what…
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Lockdown divorce spike could boost property sales by £9.3bn
Recent figures from Co-op Legal Services show that there has been a spike in the number of couples filing for a divorce during the current lockdown. The firm has reported a 42% increase in divorce inquiries between 23 March and mid-May, compared with the same period in 2019. The latest data on divorces in England…
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£1m+ property transactions yet to recover but sold prices show a market waiting to bounce back
The latest analysis by Enness Global, the world’s leading high-net-worth mortgage broker, has found that transactional volume across the nation’s £1m+ property market failed to bounce back following December’s election result. However despite this decline, average sold prices over the last three months have registered the most consistent, upward performance in the last year. Enness…
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Estate agent revenues plummet as transactional decline hits home
The latest research by estate agent comparison site, GetAgent, has highlighted the declining revenue of the average UK estate agent due to a reduction in transactions, largely driven by the industry-wide lockdown as a result of the coronavirus. GetAgent looked at the average fee charged by estate agents and what the total potential value is when…
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Newcastle takeover deal could boost local property market by 15%
Fans of the Magpies continue to bite their nails this week as the club’s Saudi takeover, reported to be worth £300m, is still yet to be given the green light after weeks of uncertainty. The deal could make Newcastle one of the richest clubs in the world and fans will be hoping a return to…
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