Annual growth in house prices in England and Wales will reach 3.1% in September and 2.8% in October, the highest level seen since November 2018, according to the latest forecast. The boost will be due to buyers racing to complete deals before the Brexit deadline of 31 October, according to the forecast from reallymoving. Overall, […]
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Rents in the private rented sector in the UK fell month on month in over 50% of the country in July with the biggest drop in the West Midlands, according to the latest index. Overall average rents dropped in five of the eight UK regions monitored by property technology company Goodlord with a 1.11% fall […]
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On a monthly basis, house prices fell in the UK by 0.2% in July and by 0.4% quarter on quarter, according to data from the latest lender index, taking the average to £236,120. It means that prices are still 4.1% above where they were in July 2018, but this comes against a backdrop of low […]
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Builders are calling for the introduction of domestic reverse charge VAT due to come into force on 01 October to be delayed until April 2020. Reverse charge VAT means that the customer receiving the service will have to pay the VAT to HMRC instead of paying the supplier. The reverse charge applies through the supply […]
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The Association of Residential Letting Agents is reminding the private rented sector in Wales that it is now less than four weeks until tenant fees are banned. David Cox, ARLA chief executive, said that it is essential that agents get to grips with this legislation, understand the impact it will have on their business, and […]
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England’s building safety regulations lag behind other countries, including Scotland and Wales, and reforms proposed by the Government need to be reformed, according to architects. In its response to the Government’s Building a Safer Future report issues in response to the deadly Grenfell Tower fire, the Royal Institute of British Architects (RIBA) tells ministers England […]
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A pioneering draft guidance for the measurement of land has been published, which if accepted will have far reaching implications for development surveyors, planners and architects across the world. The document from the Royal Institution for Chartered Surveyors (RICS), which acts worldwide to regulate the property profession in the public interest, provides clear definitions for […]
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The number of new property listings across 100 major towns and cities in the UK fell by 3.3% in July, according to the latest property supply index. The start of the traditional summer slowdown of the UK property market was evident in the latest figures, as new property listings declined from their early summer peak, […]
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Rents in London are rising due to a squeeze on the private rental market that has dramatically reduced the supply of homes, according to a new analysis, bit it says rent controls are not the answer. There were just 18,700 newly advertised properties to let in Greater London last month, compared to 28,800 in June […]
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House prices falls in key cities in Australia have stabilised but values are down considerably compared to where they were a year ago, the latest national index data shows. Five of the eight capital cities covered by the CoreLogic index record a price rise month on month with Sydney, Melbourne and Brisbane all up 0.2% […]
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