Breaking News
Overseas buyers
The election result has had a positive effect both for overeseas buyers attracted to the prime property market centered mainly around London and the south east of England, and the expatriate buyer looking towards retirement abroad. We have already had many reports out since the election on how the overseas buyers from Russia, Middle East…
Allen Walkey
Fall in new instructions says RICS
According to a most recent RICS UK residential market survey, the monthly house prices index has moved up in April to +33 from an upwardly revised +22 in March , data showed that for a third consecutive month there was a decline in supply of property, while 33% more surveyors saw prices rise in April,…
Allen Walkey
Allsop online-only
Allsop launches the UK’s first ever online-only auction for new build homes, it begins with the auction of phase 2 of the West Drayton Waterside development on Thursday 11th June. Bidding will open at 10am on Wednesday 10th June with bids starting to close from 10.05 on Thursday 11th June. Allsop already a market leader…
Allen Walkey
Landlords prefer semi-detached
A survey recently put out by Paragon the buy-to-let lender shows that 35% of landlords prefer the semi detached property when searching for a property to rent out, that figure is up from 23% in the last quarter of 2014. Terraced properties have reportedly fallen out of favour of prospective landlords, over the last three…
Allen Walkey
Chinese property investors
The election result is already sending out the signals that UK is again the place for overseas property buyers to invest their money, the conservative victory is seen as a confirmation of stability and growth in the high end property market, especially now that the threats of Mansion Tax and Non-Dom status reform have evaporated…
Allen Walkey
Luxury property buying surge
London property agents reported a surge in activity within hours of it being confirmed that the Tories had won the 2015 General Election with a majority. The threat of the proposed Mansion Tax disappeared along with the threat of a Labour/SNP coalition, giving the green light to buyers that London was again an attractive place…
Allen Walkey
10 million visits
According to reports UK agents’ website, OnTheMarket.com has attracted 10 million visits in three months, Chief Executive, Ian Springett, reportedly says, “We are confident in becoming the number two property portal by the end of January 2016 on our way to achieving our medium term objective of becoming the market leader.” “We are experiencing impressive…
Allen Walkey
A great result
A really great result for the property market as David Cameron settles back in No.10 with an overall Majority, after months of speculation on the outcome of the election people can now really get on with their lives in the knowledge that we have a Government in charge who puts growth first. Many buyers had…
Allen Walkey
Connells Group piloting raterAgent.
Connells joins other award-winning clients of raterAgent, including Webbers, Marsh & Parsons, Keatons and Anthony Pepe, amongst hundreds of others agents across the UK. It marks another milestone in the site’s growth, just 4 months since it launched in ‘beta’ testing, alongside its competitive and free-to-enter ‘Agent of the Week’ award for the best client…
Christopher Walkey
One hundred complaints.
Since October last year it was mandatory that Property Agents be joined up to a consumer redress scheme, essentially a scheme authorised by the Department for Communities and Local Government (DCLG) and National Trading Standards, a role in which the scheme would provide fair and reasonable resolutions to disputes between members of the public and…
Allen Walkey
Cameron back at No.10
At the time of writing this post at 07.00am today the counts was as follows: Cons 320..Labour 243..SNP 56..Lib-Dem 9..others 22 This all points to David Cameron being back in No.10, however at this point in time it is still unsure whether Conservatives will have an overall majority or that they will be just short….
Allen Walkey
Unaffordable Housing
According to a new report from Shelter, many first-time buyers (FTBs) are finding themselves locked out of the housing market because of affordability issues, with many being placed under increasing financial pressure in order to buy their own homes. As a result of this the union UNISON is asking the Government to provide more help with…
Allen Walkey
Petitions to Wind Up Company of c/o Cream Group #CreamClub.
Taken from online sources, not confirmed and not of the opinion / speculation of Estate Agent Networking: Notice category: Corporate Insolvency Notice type: Petitions to Wind Up (Companies) Publication date: 6 May 2015 Edition: The London Gazette Notice ID: 2329010 Notice code: 2450 Share In the High Court of Justice (Chancery Division) Companies CourtNo 2334…
Christopher Walkey
Christopher Hamer stands down as the Property Ombudsman.
After nine successful years as the Property Ombudsman, Christopher Hamer’s term of office is coming to an end. On 30th November 2015 he will be officially standing down. The independent TPO Council together with the TPO Board Chairman, Bill McClintock, have began the search to fill the position. Christopher will however remain as Ombudsman for…
Christopher Walkey
Definately not Labour
Today, I am posting why I personally would not be voting Labour tomorrow, it is a view with one eye on the negative effects it could have on the property industry and the other on a few points in general that others may not be aware of. It is not only myself that feels that…
Allen Walkey