The housing market is springing into life after December’s election result delivered much-needed stability for home-movers, new Rightmove data has revealed. There has been a 2.3% surge in the price of property being listed for sale, the largest monthly rise we have ever recorded at this time of year, with many signs pointing to an active spring market ahead. Commenting …
Agents and landlords saw both void periods and rents drop at the end of 2019, Goodlord claims. Analysis of new tenancies processed through the lettings platform in December found that void periods dropped from 24 to 19 days over the month across England and Wales, below the average for the year of 20 days. Five out of the eight regions …
Estate agents, developers and tech chiefs hail Conservative landslide as good news for housing, although many demand action on Stamp Duty. The resounding Conservative victory over Labour and the Liberal Democrats in the General Election has been warmly welcomed by the property industry this morning, with many predicting a post-election ‘super bounce’. Economic and political uncertainty has stalked the housing …
Northern cities may dominate the tables for house price growth but a different picture is emerging for the rental market. New analysis claims to have uncovered the best UK cities for a landlord’s buy-to-let investment. The research by Aldermore assesses and provides a score for the average rent per room per month, short-term yield for a new buy-to-let purchase, average …
House prices will fall across the UK by an average of 1% next year, Chestertons has forecast. It says that London prices will fall by 2%, and forecasts that regardless of the Brexit outcomes, both prices and sales will fall. The firm believes house prices will revive in 2021 and then enjoy moderate growth. It is forecasting cumulative growth of …
There was an increase in the number of first time buyers getting on the property ladder in September compared to the same month in 2018 according to UK Finance. On the downside, however, there was a fall in the number of homes being bought by landlords. Some 29,100 new first-time buyer mortgages were handed out in September, a modest 1.6 …
RICS’ policy manager, Tamara Hooper, says: “Persistent government meddling in the private rented sector has dampened landlords’ appetites to invest and expand their portfolios, with many consolidating their assets, or leaving the sector altogether.” And she adds: “In addition, the regular changes to the PRS regime have decreased stability and standards for tenants. The government needs to stop tinkering with …
Annual house price growth froze at the start of the summer, sticking at its seven-year low in June. Land Registry data has revealed that average prices grew 0.9% annually in June to £230,292, level with May and the lowest rate since November 2012. Monthly growth also remained at 0.7%. House price growth was strongest in Wales where prices increased by …
Industry association ARLA blames the fees ban squarely on a record number of member agents reporting tenants facing higher rents during June. The UK’s leading lettings industry association has claimed that rents are beginning to rise significantly as the predicted outcome of the tenant fees ban begins to roll-out across the housing market. Agents who have reported rising rents increased …
From Burford – Banbury, Banbury – Broadway, Broadway to Burford and all places in-between, welcome to the most fashionable, sought after and thriving area of England right now. With wonderful attractions including Soho Farmhouse, Daylesford and The Bell at Langford to name just a few, London accessibility from various stations on the Cotswold Line; Kingham, Charlbury, the Wychwoods and Oxford, …