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UK Finance publishes its annual largest mortgage lenders data for 2017

Written by Allen Walkey on - Breaking News -

UK Finance has now published its annual largest mortgage lenders data for 2017, which you can find at UK Finance. In addition, they have published a short accompanying blog analysing the underlying trends revealed by the data, including the growth in lending by challenger and specialist lenders. Following the FCA’s Mortgage Market Study, this data shows a picture […]

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NFB and Built Environment Networking announce new partnership

Written by Estate Agent Networking UK on - Breaking News -

The National Federation of Builders (NFB) and Built Environment Networking – the UK’s leading provider of construction and property networking events – are pleased to announce their new partnership which will allow the NFB to continue to help its members build prosperous businesses and create optimal conditions for the construction industry. The NFB represents small […]

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Homes with a sea view attract a 29% price premium

Written by Amy Funston on - Breaking News -

-New analysis from Rightmove reveals homes with a sea view in seaside towns are up for sale for £68,000 or 29% more on average than those without -The highest price premium is in Felixstowe in Suffolk, where a sea view could attract a 57% premium or over £143,000 more -The national average asking price of […]

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Landlords back call by Parliamentary committee’s fire safety plans

Written by Allen Walkey on - Breaking News -

News release from Residential Landlords Association (RLA) Landlords are welcoming a call by a Parliamentary committee for the Government to fund certain fire safety improvements in privately owned residential blocks. In its report responding to the Hackitt Review into building and fire safety, the Housing, Communities and Local Government Select Committee recommends that the Government […]

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Summer sellers need to work harder as prices stand still

Written by Amy Funston on - Breaking News -

New seller asking prices hit usual summer slowdown this month resulting in virtual price standstill (-0.1% or -£248) Number of properties coming to market jumps up by 8.6% compared to same month last year, but no corresponding increase in buyer numbers to soak up new seller influx (sales agreed holding steady at -0.2% compared to […]

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Modest house price growth in London for first time since January according to LSL.

Written by Allen Walkey on - Breaking News -

Latest LSL Property Services/Acadata England & Wales House Price Index – June 2018 released July 2018 headlines ‘Average house price in England & Wales in June stood at £303,960’. The report reveals that average prices in England and Wales were slightly down in June, falling by 0.2% from May, although this is a smaller decline […]

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UK housing sales remain subdued according to RICS

Written by Allen Walkey on - Breaking News -

Latest RICS UK Residential Market Survey published 12th July 2018  headlined ‘UK housing sales remain subdued as rent expectations continue to heat up’. The RICS survey reveals that: significantly, over the month, newly agreed sales have recorded the sixteenth successive month of continued decline, with 7% more respondents reporting a fall in agreed sales. The […]

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Numbers of rented homes owned by companies continues to rise according to Hamptons International

Written by Allen Walkey on - Breaking News -

The latest Hamptons International Monthly Lettings Index – June 2018 published July 2018 headlines ‘Proportion of rental homes let by company landlords reaches new high’. The report reveals that the proportion of homes let by a company landlord rather than an individual rose to 18% in H1 2018, the highest proportion since our records began […]

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UK house price growth to remain moderate according to PWC

Written by Allen Walkey on - Breaking News -

House price growth to remain moderate across UK according to recent press release from PWC, however house prices in London are projected to fall in the short-term, down by 2% in 2018 from 2017. In their report the PwC state that average UK house price estimated to rise from £221,000 in 2017 to around £285,000 […]

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RLA highlights that vast majority of private sector landlords do a good job

Written by Allen Walkey on - Breaking News -

The Residential Landlords Association (RLA) comments on the  English Housing Survey report for 2016/17 published 12th July 2018. A large majority of private sector tenants, 84 per cent, are satisfied with their housing according to the English Housing Survey report for 2016/17. Satisfaction rates are higher in the private rented than the social rented sector […]

 

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