Land Registry records 5% drop in residential registrations for 2019

Investment Sales, Market Report, Property sales, Sales

The number of residential property sales lodged at the Land Registry declined by 5.6% last year, official data shows. The Land Registry’s latest Price Paid Data report shows it received a total of 994,246 registrations for residential property sales during 2019, down from 1,054,260. This is not necessarily a reflection of total sales as there is a time lag between …

What a knockout! Amir Khan’s Bolton mansion for sale

Property, Property sales, Uncategorized

Take a look around the luxurious pad of one of the country’s leading sports stars… Former boxing light-welterweight world champion Amir Khan is selling his £1.5million mansion in Lostock, Bolton. The plot, close to the boxer’s hometown, comprises of two properties including a six-bedroom detached property AND a four-bedroom bungalow. The 3500ft2 mansion, which the former I’m A Celebrity camp mate brought back …

These are the most unusual homes we saw on Rightmove in 2019

Property, Property sales, Uncategorized

There are hundreds of thousands of incredible homes showcased on Rightmove every day and we love to shout about the quirkiest properties we find. So to round off 2019, we’ve scoured the website high and low to pick five of our favourite and just downright unusual homes of the year. From a Victorian bathhouse that’s been converted into an indoor …

Optimism returns to U.K housing market in post-election bounce.

Buy to Let, Investment Sales, Market Report, Property sales, Sales

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 …

Rightmove forecast a 2% price rise in 2020 as election gives window of certainty

Buy to Let, Investment Sales, Property sales, Sales

The majority government result could pave the way for pent-up demand to be released in the spring market. Rightmove forecasts a 2% rise in price of property coming to market in 2020 as the majority government gives home movers a window of certainty for an active spring moving season. Rightmove’s property expert Miles Shipside said: “With much of the political …

Reservation Agreements: two key problems that must be overcome.

Estate Agents, Housing Law, Property sales, Sales

A law firm has spoken out about two possible problems in the government’s much-publicised idea of considering Reservation Agreements as a weak of reducing fall-throughs in the house buying process. Trials are set to start in the first quarter of 2020 in two areas using different versions of reservation agreements – one option is for the buyer and seller both …

Get ready for a post-election ‘turbocharged’ property market bounce

Buy to Let, Election 2019, Housing Law, Investment Sales, Market Report, Property sales, Rent Control, Sales

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 …

House prices to falter next year before putting on growth spurt, agents forecast

Investment Sales, Market Report, Property sales, Sales

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 …