The property industry is upbeat about the Conservative Party’s victory in the General Election last week. The feeling is it should lift the political uncertainty by paving the way for Brexit, as well as providing the mandate to launch new housing policies. John Phillips, national operations director at Just Mortgages, said: “The political deadlock of […]
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The Intermediary Mortgage Lenders Association has called for cross-party cooperation to solve the UK’s housing issues. Kate Davies, executive director of IMLA, called for an end to the political sparring, now the General Election is done with. She said: “Even with a Conservative majority the challenges facing Britain’s housing market won’t be tackled by a […]
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Foreign buyers should get on with investing in the UK property sector, now there’s more certainty regarding whether the UK will leave the UK. That’s the view of Patrick Alvarado, director of Knightsbridge estate agency Nicolas Van Patrick. He said: “Foreign buyers who might have hoped for a further reduction in prices and the currency […]
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The property sector has called for clarification on what’s going to happen to the Help to Buy equity loan scheme after 2023. A housebuilder, trade body and startup all raised the issue after the election result. John Newcomb, chief executive of The Builders Merchants Federation (BMF), said: “Early clarification on what the future holds for […]
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US Renters paid a record-high $512.4bn in rent in 2019 alone, nearly twice what they paid in 2009, Zillow analysis found. The current median rent is $1,600 per month, up 2.3% from a year ago. Rent prices have been on the rise since 2012, while they saw the biggest increase of 6.5% in the year […]
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Case volumes among advisers were steady in Q3 2019 despite the political uncertainty, according to the Intermediary Mortgage Lenders Association’s (IMLA) Mortgage Market Tracker. The average number of Decisions in Principle (DIPs) that intermediaries dealt with in Q3, 2019 has remained stable at 28 from the previous quarter (27). A divide in case volumes between […]
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Uncertainty around the General Election and Brexit stifled housing market activity in November, the RICS UK Residential Market Survey said. Some 9% more surveyors saw a decline in new buyer enquiries than an increase. The number of newly agreed sales also fell by a net 8%, though this made better reading than falls of 18% […]
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Zoopla is set to hire 120 new employees in 2020 in product development, software engineering and data analysis. Roles will be created in marketing, customer success and other business support functions. Charlie Bryant, chief executive of Zoopla, said: “We have ambitious growth plans for 2020 and the creation of 120 new roles will be vital […]
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Rental app Movebubble has hired Chris Browne as sales director with immediate effect. Browne, formerly new homes director at Zoopla, has over 30 years working in the estate agency, new homes and property portal sector. At Movebubble he will take ownership of defining the sales strategy and expanding key partnerships. Aidan Rushby, chief executive at […]
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Spicerhaart Part-Exchange & Assisted Move increased sales by two thirds (67%) in terms of both volume and value in 2019 compared to the year before. The business took on two area negotiators during the year in Lucy Folly and Yuella Hutton, who both came from the retail sector. Folly covers South Yorkshire and the East […]
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