The cities of Barcelona and Vienna saw significant rental growth in 2019, contrasting with sluggish activity in expensive cities like London and Amsterdam. The cost of renting an apartment in Barcelona increased by 9.6% to €1,249. Meanwhile Vienna saw a massive 14.6% increase in the price of studios to €804 per month. The research came […]
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The cost of renting UK property was £902 in December, down from an average of £927 throughout 2019, the Rental Index from lettings platform Goodlord has revealed. Five out of the eight regions saw rents remain at November levels or dip slightly in December. The largest decrease was recorded in the North East, where average […]
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A Grade II-listed former office building in the town centre in Hexham, Northumberland is set to be converted after funding was secured to acquire the building. Funds advised by Hilltop have provided a £2.6m loan to LOK Development 05 Limited, a company controlled by the Morton Group. The funds will be used to develop 16 […]
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If UK wages had grown at the same rate as in Germany in the past 12 years we would be at 2007 levels of affordability, research from fintech company Propertunity has found. The median house price in the UK was £231,141 in 2018 according to the Land Registry, against a median UK wage of £35,998. […]
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Recruitment expert Anthony Hesse has recommended for estate agents to be open minded about recruiting trainees from outside the industry. Secondly he called for agents to make sure new employees have a clear career path, so they have an idea of where they could be in a few years’ time. He also recommended rewarding high […]
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Across all of England and Wales, terraced housing has been the best performing property type, research from Proportunity has found. Analysing the changing price per square metre of all properties sold in England and Wales since 2010, terraced houses saw average growth of 3.05%, ahead of semi-detached houses (2.90%), flats (2.35%) and detached houses (2.33%). […]
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Chancellors Estate Agents will open a branch in Swindon in February 2020. Situated on the town’s busy Commercial Road, the branch will offer services including sales, lettings, property management, commercial property, new homes and financial services. Chancellors Swindon represents a move into a new county and brings the number of counties covered by the group […]
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Kent Reliance has appointed Sarah Hopkins as a senior business development manager within the southern region covering Cornwall, Devon, Somerset, South Wales and South Coast. She has been hired from Foundation Home Loans, where she was regional account manager. Hopkins (pictured) will be responsible for overseeing and developing broker relationships within her region and increasing access […]
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Nicky Stevenson, formerly of Property Academy and Keller Williams UK, has joined estate agency Fine & Country. Stevenson (pictured) is tasked with helping the company expanding its presence in the UK and overseas. She said: “I am excited about joining Fine & Country and this next chapter in my career. Fine & Country is a […]
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