London first-time buyer activity up annually


Despite the difficult market conditions lending to first-time buyers in London rose by 1.3% in the year to Q3 2019, UK Finance data shows. There were 11,510 first-time buyer mortgages completed in the capital over that time. However, there were 14.8% fewer homeowner remortgages in London. Adrian Anderson, director of mortgage broker Anderson Harris, said: […]

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House price growth back up to 0.8%


Annual house price growth reached 0.8% in the year to November 2019, Nationwide’s house price index has found. While this is modest it represents an increase from 0.4% annually to October 2019 after prices rose by 0.5% month-on-month. The typical price currently stands at £215,734. Robert Gardner, Nationwide’s chief economist, said: “Annual house price growth […]

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Nestify launches ad campaign encouraging landlords to consider short-term lets


Airbnb management service Nestify has launched an advertising campaign encouraging landlords to consider short or mid-term lets, alongside traditional long-term tenancies. The bus adverts are currently visible in three major cities across the UK – Bath, Edinburgh and Manchester and this regional expansion follows the brand’s ad campaign in London last year, when the company […]

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Bodies join forces to launch joined-up approach to investigating damp


Professional and heritage bodies are working together to develop a best practice approach to investigating damp and excessive moisture in traditional properties. The Royal Institution of Chartered Surveyors (RICS), Historic England, Historic Environment Scotland, and Cadw, have collaborated with national trade body The Property Care Association to produce a working document on the subject. Entitled […]

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Audley Group secures planning approval on Surrey site


Audley Group, a provider of luxury retirement villages, has secured planning approval on the Audley Villages site at 131 Fairmile Lane, Cobham, Surrey. The village will be the group’s second location in the Surrey area following the recent opening of Audley Cooper’s Hill in Englefield Green. Paul Morgan, managing director, Audley Group, said “Fairmile Lane […]

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Leicester leads the way on city house price growth


House price growth in Leicester is currently outstripping other major UK cities, Zoopla’s UK Cities Index has found. In the year to October 2019 prices rose by 4.7% year-on-year to £180,000 in Leicester, outstripping Manchester (4.6%), Liverpool (4.1%), Edinburgh (4.0%) and Belfast (4.0%). Josef Wasinski, co-founder of Wayhome, said: “These figures will cause further frustration […]

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Trussle hires CTO


Trussle has hired Todd Zino as chief technical officer. Zino previous co-founded Wallaby Financial, a digital wallet and credit card company. He led the startup through multiple mergers with Bankrate, Red Ventures and ZPG, with him running large fintech and home-tech product teams in Los Angeles, Austin and London. Zino said: “In an era where […]

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Halifax unveils digital contents insurance offering


Halifax has launched a low-cost contents insurance product after working with US fintech firm Trov. The product insures contents up to £10,000, while users can insure individual items to keep costs down. They can also manage the process online, while cover can be taken out on a monthly basis rather than people being tied to […]

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