Vanderbilt Group has acquired eight sites between November and January across Surrey, Hampshire and West Sussex. The sites should deliver around 250 new properties, from town centre apartments qualifying for Help to Buy to larger family homes. Chris Chiles, managing director of Vanderbilt Group, said: “The Crayfern Homes acquisition has allowed us to secure more […]
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Paul Howells, CEO of Accumulate Capital The housing crisis has long been an issue on the policy agenda of successive governments. That’s why I find it surprising that there is still no plan in place to ensure that there are enough properties on the market to meet future demand. Most people seem to think the most […]
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Legal & General has committed £21.6m to its partnership with Croydon Council to provide homes for families on the waiting list in the borough. The partnership will bring 250 houses and apartments back into use for families currently residing in emergency accommodation. The announcement follows the establishment of the partnership last year, bringing Legal & […]
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Four Scottish commercial property advisers have launched Lismore, a real estate investment and development advisory firm in Edinburgh. The firm will cover sales and acquisitions, development fundings and joint ventures, across all property sectors. The firm will be jointly owned by directors, Simon Cusiter, Colin Finlayson, Chris Macfarlane and Richard Mackie, who were previously directors […]
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The cost of rental deposits have only risen by 5% in five years, less than price increases in other areas of life, research from lettings deposit replacement scheme Ome has found. In comparison the cost of pay TV has risen by 26%, the average house price is up 24%, while the cost of using a […]
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The Competition and Markets Authority is set to take action after finding potential mis-selling and unfair contract terms in the leasehold housing sector. The CMA has found evidence of people being misled about the cost of converting their leasehold to freehold – initially they were told it would only cost a small amount, but later […]
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People selling buy-to-let properties or other property owners could clock up financial penalties due to ‘seismic’ changes to the capital gains tax payment rules, tax expert Imogen Lea (pictured) from Clarke Willmott LLP has warned. From April 6, anyone who sells a residential property giving rise to a capital gain on which CGT is payable, […]
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I’m pleased the government is taking action against the ridiculous practices surrounding leaseholds, following the Competition and Markets Authority findings. The CMA is now completing the legal work to launch direct enforcement action against companies like housebuilders that it believes have broken consumer protection law – and I’m looking for… This article is only available […]
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Annual house price growth across the UK averaged at 2.3% in the year to February 2020, its highest point since July 2018. The typical price reached £216,092 in February, following monthly growth of 0.3%. Miles Robinson, head of mortgages at Trussle, said: “With house price growth at its strongest in the last 18 months, it’s […]
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Connect UK Auctions has launched Connect Realtime, which allows buyers to view the auction live via its website and bid against in-room bidders. People can bid on their tablets mobile phone or computer while watching the auction live. Adam Partridge, auction expert as featured on the BBC and Channel 4, introduces the auction and individual […]
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