Estate Agent Talk
UK city regeneration – the next big investment opportunity?
UK High Streets have reached a ‘tipping point’. That was the view of a recently published parliamentary inquiry report on UK high streets.[1] The shift to online sales (now accounting for 20% of all retail sales); the upward revaluation of business rates, previous planning policies; and local authority financing constraints are impacting retailers and high…
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The 10-year shift of the north-south property divide
The latest research by leading automated property management specialists, Howsy.com, has looked at the changing face of the UK property market and how the north-south property divide has shifted over the last decade as property prices have increased. Howsy looked at the average house price across each county and chartered the physical north-south property divide…
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Interest rate increase to 1.5% could wipe £28k off the average house price
The latest research by the property finance specialists, One77 Mortgages, has looked at what a notable hike in interest rates could do to the UK property market. When looking at the correlation between changing interest rates and the average house price it’s clear that the two move in tandem and when rates go up, prices…
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The most affordable locations to buy a home revealed
The latest data from the Office of National Statistics has revealed where the most affordable places to buy a home are in England and Wales based on the ratio of the average salary and the average property price. The data shows that across England and Wales the affordability ratio has shown little change year on…
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We’ve had plenty of #Gazumping so why not #Gazundering now?
For many years there have been house price increases and with it comes the theme of gazumping and especially for within the world of those highly demanded property and locations… For the buyer it is a nervous waiting period scared that not only a chain collapse could hinder their chances of getting a dream property,…
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House prices fall in March and slump in demand continues…
A ‘cautious market’ is being used to describe the current situation in housing with a demand slump and price falls in varied news stories across the internet such as from City AM. Rightmove’s recent report stated that property prices fell in March 2019 with no ‘spring bounce-back’ that many investors had been hoping for –…
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Here’s what makes the perfect roommate as ranked by Londoners
The latest research by leading room share platform, ideal flatmate, has revealed what the most sought-after qualities are for those looking for that ideal flatmate or spare room. ideal flatmate uses scientifically-designed algorithms to match potential flat sharers with spare rooms and as part of this process, each person is asked to rank their feelings…
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Will the Spring Statement include much for the property market? Chestertons thinks not.
The Spring Statement is now the government’s public response to the forecasts from the Office for Budget Responsibility, with the full Budget delivered in the autumn. Falling just two weeks before Brexit, this is one not to be missed. But will the Chancellor announce any changes for the property market? Given what is happening in…
EAN Breaking News
What cost to live next to a Premier League football ground?
Living next door to a foot ball ground will be for some a massive headache and nightmare where others would see it as their lives fulfilled – Ultimately, it will boil down to if you are a lover of football or not I suppose! An interesting bit of research done by Ticketgum.com took a look…
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House price growth sluggish but homeownership continues to underpin the UK housing market
Property expert and Yomdel CEO, Andy Soloman, commented: “A sluggish start to the year for the UK property market and one that has become all too familiar as the wheels continue to fall off of our exit from the EU. Despite this lethargic market movement, the dream of owning our own homes continues to…
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41% of Brits do not expect property prices to increase in the next 3 years
The latest research by home moving company AnyVan has shown nearly half of Brits (41%) do not expect property prices to increase in the next 3 years. With Brexit now firmly on the horizon, uncertainty over our imminent departure from the EU weighs on property buyer and seller confidence. Many are waiting for the dust…
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Get a foot on the London ladder in less than five years by changing just one thing
The latest research from leading room share platform, ideal flatmate, has looked at an alternative way to save that all important mortgage deposit while renting in the capital without compromising your rental locations, social life or calorie intake. ideal flatmate looked at how much the average tenant could save in each borough by opting for…
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Property Viewings are an Art, not a Science
Getting footfall across the threshold is key to securing the sale of your home. The more viewings you have, the more likely you are to end up in the fortunate position of having offers on the table. Of course, the more offers you receive, the more likely you are to get a top result. I’ve…
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Agents hold the key to buyers getting a move on
According to the Ministry of Housing, Communities & Local Government in an article in 2018 ‘Over a quarter of all transactions fail, costing hundreds of millions a year to consumers and causing undue stress to both buyers and sellers. Over 65% of all buyers and sellers are worried whether they will make it to completion…
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Forget the current party-political turmoil, who has thrown the best political house party?
The UK’s current political landscape is in turmoil and with both main parties fighting among themselves and the latest developments of a Labour Party split with seven of its members resigning the party whip. With Nigel Farage also waiting in the wings with his new Brexit Party should Article 50 be further extended, it could…
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