Breaking News

Just 24hrs before the Budget 2015

 

This is a very important budget for the government as it comes just before the election on the 7th May, it will be a Conservative/Lib-Dem budget in reality and both parties in the coalition will be looking to gain popularity from it. According to a report by The Guardian out today it says, George Osborne…

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Allen Walkey

Part own a london property through crowdfunding

 

Most of us are locked out of being an owner of a property in one of the worlds most active property markets London, that is because the London housing market is so expensive due to demand that only the rich and supa rich can invest in it, well that is no longer the case, as…

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Allen Walkey

Rightmove says, average house prices in UK just below all-time highs.

 

Rightmove reported this morning that the average prices sellers are asking for UK houses are just £30 below their all-time highs and could breach that peak soon as a lack of choice for buyers adds to the upward pressure on values. The average new seller asking price across England and Wales was £281,752 in March,…

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Allen Walkey

George Osborne to give pensioners more freedom to choose.

 

George Osborne gave a hint of what can be expected in this weeks budget on the Andrew Marr show yesterday , he is looking to extend the number of pensioners benefiting from the relaxed pension rules announced earlier this year, from April 6 this year people will be able to cash in their pension savings…

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Allen Walkey

New “Rent to own” homes promised by Lib-dems

 

Help for first time buyers is pledged by the Liberal democrats by way of a “rent-to-own home scheme if they manage to win the election in May. Housing has become one of the main issues to be addressed by all parties in the lead up to the election, getting that foot on the property ladder…

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Allen Walkey

London house prices still falling.

 

House prices in London appear to be detached from the rest of the UK, according to the RICS they are still falling, more surveyors reported that property prices had fallen in the three months to the end of February than those who reported price rises. the opposite being true in the rest of the country….

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Allen Walkey

A new wave of investors for Buy-to-let.

 

For a long time now Brits have been infatuated with the buy to let property as an investment for their future, the idea of buying a property and getting somebody else to cover the mortgage by paying you rent every month is simply irresistible. Buy to let has not only been instrumental in supporting the…

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Allen Walkey

Unexpected jump in house prices in February according to RICS

 

  House prices in the UK jumped unexpectedly last month according to one of the most widely followed industry surveys, The Royal Institute of Chartered Surveyors, this was well ahead of the median forecast expected by economists, residential prices in London were the exception and registered a drop. “It is encouraging that the negative trend…

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Allen Walkey

How your vote may affect the property industry.

 

The majority of both large and medium sized UK businesses have backed a Conservative win in the upcoming general election, research by accountancy firm BDO has revealed. The BDO poll also showed that half of the bosses of mid-sized companies would value a more equitable approach to taxation, particularly with business rates. The same number…

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Allen Walkey

Stamp Duty revenues hit record high.

 

  Another boost for George Osborne just prior to the budget next week as stamp duty revenues are set to hit a record high of £8billion in the current financial year, this follows on from the stamp duty reforms announced earlier in the year along with a soaring domestic housing market, the last high in…

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Allen Walkey

Foxtons Group plc, London’s leading estate agent, today announces its financial results.

 

Foxtons today announced their financial results for the year to Dec 31st 2014. reporting an overall 8.2% increase in profits, they offer a balanced business with sales at 48.5%, lettings at 46.8% and mortage broking at 4.4%, Sales volumes reduced 3.7% for the year due to a market decline in the second half of the…

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Allen Walkey

£10,000 up front to rent a bathroom-sized London apartment.

 

Without even seeing it first, a tenant paid £10,000 up front to secure a bathroom-sized London apartment which had only been on the market for just over half an hour. Located in eastern Soho border by Regent Street, the tiny flat was secured within minutes and was moved in to just two hours later with…

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Christopher Walkey

Kremer Signs Acquire Site Signs.

 

Kremer Signs are pleased to announce some very exciting plans for 2015 and are starting with the acquisition of Site Signs. Site Signs have been established since 1964, and have been catering for the signage needs of estate agents for over 50 years. The premises is based in Bristol and will remain there as a…

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UK house price inflation cooling.

 

Average house prices increased by just 0.1% from the previous month to £271,000, the slowest growth since March, when prices fell by 0.4%, according to the Office for National Statistics. House price inflation measured on an annual basis cooled to 10.4% from a seven-year high of 12.1% in September. London and the south east house…

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Allen Walkey