House prices are set to drop by 1.7% over the course of the first quarter of 2020, reallymoving, a provider of quotes for home moving services, has predicted. However annual growth is expected to reach 3.7% in February 2020. Rob Houghton, chief executive of reallymoving, said: “A forecast of continued positive annual growth confirms that […]
The post House prices to dip in Q1 2020 appeared first on PropertyWire.
Simon Robinson (left), legal director in the real estate team at law firm, Shakespeare Martineau and Russell Smithers (right), managing director at REDD Anyone working in the property sector – at any level – will know that it ebbs and flows in accordance with current economic conditions. However, things work slightly differently in the leafy […]
The post Super-prime London property: a deep dive appeared first on PropertyWire.
Housebuilder Avant Homes has promoted Scott Varley to the newly created role of area managing director for Scotland and North East England. Varley first joined Avant Homes in 2006 as regional land manager for the group’s Yorkshire business, before taking up the post of land director in 2010. In 2014 he was promoted to managing […]
The post Avant Homes promotes Scott Varley to area managing director for Scotland and the North East appeared first on PropertyWire.
Londoners are leaving the city to buy property at an increasingly young age, research from Hamptons International found. In 2019 Londoners leaving the city were typically 39 years old, down from 41 in 2018 and 2017, 41 in 2016, and 47 in 2009. Aneisha Beveridge, head of research at Hamptons International, said: “Historically most homeowners […]
The post Londoners are departing to buy at a younger age appeared first on PropertyWire.
I was surprised to read a study saying a quarter of landlords plan to sell at least one of their properties this year. Apparently a succession of tax increases, shifts in House in Multiple Occupation licencing, new stipulations on the minimum size of rooms, as well as the banning of admin fees are some of […]
The post Will landlords really exit the market this year? appeared first on PropertyWire.
UK rents increased by 3.5% in the year to December 2019, and rents could see a steeper rise in 2020, HomeLet’s Rental Index has said. London rents increased by 2.1%, though Wales and the North West saw the biggest increases, of 9.7% and 8.3% respectively. Martin Totty, chief executive of HomeLet, said: “Looking forwards, more […]
The post UK rents up 3.5% – and the inflation rate could increase appeared first on PropertyWire.
Swedish real estate company Heimstaden Bostad AB has purchased a €1.3bn residential real estate portfolio in the Czech Republic from Round Hill Capital and Blackstone Tactical Opportunities, represented by Dentons and Simpson Thacher. The portfolio, owned and operated by RESIDOMO, is the largest privately held residential portfolio in the Czech Republic. It consists of approximately […]
The post Round Hill Capital sells €1.3bn residential portfolio appeared first on PropertyWire.
Warwick Estates Property Management, a Harlow-based property management company, has secured £8.5m of funding from Santander Corporate & Commercial to support its growth. Warwick Estates has responsibility for over 1,300 sites and serving around 47,000 homes and leaseholders. In addition to Harlow, Essex, it has offices in London, Cardiff, Grays, Cheltenham, Warrington and Portsmouth, Dr […]
The post Warwick Estates secures £8.5m in funding from Santander appeared first on PropertyWire.
Swan Group has submitted a planning application for 151 affordable homes on Newhall Street in the East End of Glasgow, alongside the River Clyde. The proposed development, which forms part of the Clyde Gateway regeneration project, will consist of a mix of one-bedroom and two-bedroom homes and 128 parking spaces available for residents. Phil McGinlay, […]
The post Swan Group submits plans for 151 affordable homes in Glasgow appeared first on PropertyWire.
Edinburgh in Scotland has been rated as the best UK city to live as a young adult by comparethemarket. This is based on the percentage of the population that are young adults, the rent, salary, mental well-being, 4G coverage and nightlife. The UK’s youngest city is Manchester, where 38.57% of the population is made up […]
The post Edinburgh is best city to live in as a young adult appeared first on PropertyWire.