Residential developer BexleyCo Homes has appointed Michael Hill (pictured) as chairman of the board. Hill’s career in the property and development industry began in 1981, when he held the role of housing development surveyor at the London Docklands Development Corporation until 1983. He then joined the housebuilder Countryside and retired from his role as business […]
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Two single mothers have won legal victories against letting agents who refused to rent to benefit claimants. The BBC reported that Amanda Staples and Emma Loffler won out-of-court settlements against “No DSS” letting agents, on the grounds of indirect discrimination. Staples, 36, needed accommodation with her three children after her marriage broke down. She told […]
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The Help to Buy equity loan scheme has facilitated 248,075 property purchases between its launch in 2013 until 30 September 2019. The average purchase price of a property bought under the scheme was £264,785, with buyers using a mean equity loan of £57,694. Some 81% of purchases using Help to Buy were for first-time buyers. […]
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The government has estimated that the number of rough sleepers has fallen by 9% in 2019 – but the reliability of the figures have come under scrutiny. The government said there were 4,266 people sleeping rough on any night in Autumn 2019 – however separate BBC research has suggested that more than 28,000 people slept […]
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Jason Newton has been made managing director of Redrow Homes’ North West division, based in Daresbury, Cheshire. He has been promoted from sales director, a position he has held for the last five years and previously in the early 2000s. The business builds circa 700 new homes per annum across Cheshire and parts of North […]
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Barratt Homes’ Charfield Gardens development is set to open in Wotton-Under-Edge, Gloucestershire. The housebuilder said the site, which will have 115 homes once complete, is expected to receive high demand from buyers wishing to settle in the area. Andrea Pilgrim (pictured), sales director at Barratt Homes, said: “We are already receiving a great deal of […]
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Roommate app Badi has launched in New York City. After soft-launching in November last year the company currently has 2 million users and 300,000 listings. Badi has already launched in London, Barcelona and Madrid. Carlos Pierre, chief executive of Badi, said: “Every major city around the world is suffering from over-crowdedness and increasing rent prices. […]
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The number of house hunters registered per estate agent branch increased by 22% to 382 from December to January, NAEA Propertymark’s January Housing Report has found. However, the number of properties available per member branch fell from 41 to 38, meaning the gap between supply and demand has increased. Mark Hayward, chief executive, NAEA Propertymark, […]
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Nakul Sharma is chief executive at Hostmaker The buy-to-let market has experienced dramatic change over the past couple of decades. In the 2000s, buy-to-let was undoubtedly king – in 2008 alone, more than a million homes were acquired with a buy-to-let mortgage, and 2013 saw more than £20bn being loaned to prospective landlords. However, upon […]
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The Nottingham for Intermediaries has launched 2-year fixes at 2.76% with a £999 fee and 2.79% with a 0.50% fee, both to 75% LTV. They are designed to help landlords who have limited company status for their portfolios. Changes to mortgage interest rate tax relief have led to landlords reviewing how their portfolios are structured. […]
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