Annual house price growth recovered to 1.5% in July according to the latest House Price Index by Nationwide. Prices were up 1.7% month-on-month which reverses the fall seen in June. House prices in July were 1.6% lower than in April. Robert Gardner, chief economist at Nationwide, said: “The bounce back in prices reflects the unexpectedly […]
The post House price growth rebounds in July appeared first on PropertyWire.
A property site where residents review developments is looking to become ‘TripAdvisor for property’ after making inroads into the UK market. Since launching in February 2019 HomeViews has listed hundreds of developments in London, as well as others in cities like Birmingham, Bristol and Manchester. In all, it currently covers nine UK cities. The website […]
The post HomeViews: the review site envisioning becoming ‘TripAdvisor for property’ appeared first on PropertyWire.
There was strong activity in terms of prospective tenants and housing supply in June, ARLA Propertymark’s June Private Rented Sector report has found. The number of properties managed per branch reached an all-time high last month, with an average of 200 properties managed per letting agent branch. However, this still represented a slight fall from […]
The post Supply and demand surprisingly strong in June appeared first on PropertyWire.
Build to Rent (BTR) specialist Wise Living has taken ownership of 40 new-build apartments in Telford as part of its partnership with Lovell Partnerships. The 40 new build one and two-bedroom apartments will form part of Lovell’s Principal Point development in Telford, where Lovell is delivering 165 homes. Robert Simonds, business development director at Wise […]
The post Wise Living takes ownership of 40 Lovell apartments appeared first on PropertyWire.
The number of prospective tenants continued to rise in June along with the average branch registering 79 new tenants per branch compared to 70 on average in May. Year-on-year, this figure is the highest recorded for the month of June, according to the latest Private Rented Sector report by ARLA Propertymark. Despite the average branch […]
The post Demand from tenants and rental supply reaches highest on record for June appeared first on PropertyWire.
London-based buy-to-let landlords are increasingly heading to the North West in search of better returns, research from Hamptons International has found. A third (34%) of London-based investors buying new property in the past year bought in the Midlands and North, up from just 14% in 2015 and 4% in 2010. Some 41% of London-based investors […]
The post Buy-to-let landlords abandoning London for better returns in the North appeared first on PropertyWire.
Fine & Country has signed nine licenses in London, growing its reach within the capital. Six of the licenses are new companies joining the brand for the first time, with the other three existing licensees that have taken on additional territories. The new offices are in areas including Belgravia, Islington, St Johns Wood, Golders Green and Holland Park. Fine & Country Richmond has expanded […]
The post Fine & Country grows London presence appeared first on PropertyWire.
Properties without a strong broadband connection could struggle to find buyers in the wake of the Covid-19 pandemic, research from TalkTalk suggests. Over nine in 10 (93%) potential buyers see having a reliable internet connection as a priority when house hunting, up from just over half (53%) before the Covid-19 crisis. Nearly two thirds (62%) […]
The post The internet is paramount for homebuyers after Covid appeared first on PropertyWire.
Surprisingly Poland’s commercial housing market fared well in the first half of the year despite the pandemic, research from advisory firm JLL has found. Demand for office space in H1 increased by almost 10% year on year, despite it falling by 50% between the first and second quarters. Karol Patynowski, director of regional markets, JLL, […]
The post Poland’s commercial markets achieve better H1 than last year despite the pandemic appeared first on PropertyWire.
Data from letting agent comparison website Rentround shows that landlord searches on the platform has risen by 21% since the stamp duty holiday was implemented by Chancellor of the Exchequer Rishi Sunak. Rentround claims that these findings show that buyers are conducting due diligence activities on the potential purchase of a property bought for buy-to-let […]
The post Landlord searches for letting agents increases by 21% appeared first on PropertyWire.