The lettings market in London’s prime property market is improving, with the number of tenancies agreed rising at its highest level for more than five years, new research shows. Overall tenancies agreed were up by 34% in the 12 months to August 2019, according to the figures from real estate firm Knight Frank and demand […]
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The residential property sales slump largely affected the South of the UK, with 62% of areas that saw falling transactions in 2019 in that part of the country, according to new research. Indeed, most parts of the UK actually saw transaction volumes grow last year, the analysis by property developer Southern Grove found. It says […]
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Annual house price growth slowed to 1.1% in the 12 months to September to an average of £232,574, the latest lender index shows. Month on month prices were down 0.4% and on a quarterly basis they were up by 0.4%, according to the data published by the Halifax. Russell Galley, managing director of the Halifax, […]
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A large number, some 60% of over-65s would consider moving to a bungalow and 65% believe that single level homes should be built specially for older people. It means that around 7.2 million people would consider buying a bungalow, up 600,000 in a year, according to a new study from retirement home developer and manager […]
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I have been talking recently about the positives in the housing market in the UK in the face of persistent political uncertainty and new figures are suggesting that when it comes to new home building there is indeed optimism. There was a 7.9% increase in new builds submitted with the Land Registry for registration in […]
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Introducing rent controls in Manchester would choke of the supply of homes to rent making it more difficult of tenants to find a place to live, according to the lettings industry. The warning from the Residential Landlords Association (RLA) comes as a new report calls for the Greater Manchester Combined Authority to have powers to […]
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As house prices and sales activity increases in the prime property market in Spain, five key cities are giving potential buyers a new sense of confidence, according to a new analysis. The highest prices residential prime property is in Madrid where values increased 9.7% during the year to March 2019, and are 50.1% higher than […]
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The average cost of buying and selling home in the UK has reached a record high at £10,414 or £24,585 in London, new research has found, a rise of 2% year on year. It is higher stamp duty payments, up 4%, and larger conveyancing fees, up 5%, that are driving the cost of moving home, […]
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There was a 7.9% increase in new builds submitted with the Land Registry for registration in England and Wales in August this year compared to the same month in 2018, official data shows. Of the 93,574 sales received for registration in August 2019 some 72,806 were freehold, a 4.5% decrease on August 2018, and 12,411 […]
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Viewings and sales in prime central London’s residential property market are rising, despite the continued political uncertainty surrounding Brexit, according to the latest industry analysis. Real estate firm Knight Frank’s latest index report reveals that the number of viewings over the summer hit a five year high, with 16% more viewings over July and August […]
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