Countryside, the developer, has promoted Daniel King to managing director of its partnerships West London region. King joined Countryside’s graduate programme in 2008 and worked in both partnerships and housebuilding divisions before joining the partnerships West London region. Mike Woolliscroft, chief executive, Partnerships South, Countryside, said: “We are delighted to have appointed Daniel to lead […]

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David Wilson Homes has released details of new home designs to feature at its latest development, Birds Marsh View in Chippenham. The housebuilder is unveiling a range of two, three and four bedroom homes at the site. Louise Ware, sales director at David Wilson Homes, said: “Early availability here at Birds Marsh View includes an […]

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Housebuilder St. Modwen Homes has installed two modular properties at its Victoria Park development in Stoke-on-Trent. This is the first time the housebuilder has delivered modular homes, which were manufactured offsite by ilke Homes. Stewart Court, design manager at St. Modwen Homes, said: “Victoria Park was the ideal scheme for us to incorporate modular units, […]

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House prices are expected to rise by 4% this year, as the housing market continues to recover. Research consultancy Pantheon Economics revised up its price growth expectations in 2020 from 2.5% to 4%, though its forecast for 2021 remained at 3%. Pantheon said the primary driver of the recovery has been falling mortgage rates, as […]

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The outcome of this Thursday’s base rate decision is “on a knife-edge”, after two in nine Monetary Policy Committee members voted for a cut back in December. That was the view of Neil Shearing, group chief economist of Capital Economics, though the economic consultancy predicted that the MPC will “probably” resist pressure to cut interest […]

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Mortgage lending fell by 1.1% to £265.8bn in 2019, likely reflecting the political uncertainty the UK faced. However 7.4% more mortgages were approved by the main high street banks in 2019 – including 8.0% more for home purchase. Miles Robinson, head of mortgages at online mortgage broker Trussle, said: “It’s encouraging to see this uptick in […]

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Prices in Prime Central London surprisingly rose in 2019 despite volumes dropping off, London Central Portfolio’s (LCP) residential index found. There were annual price increases of 6.4% for existing stock and 0.9% for new build, bringing them to £1.919m and £3m. However sales volumes fell by a dramatic 55% for new builds and 5.1% for […]

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Bruce Burkitt, founder and managing director at Property Experts Formerly a property industry secret, the number of option agreements has risen dramatically in recent years, and with numerous local authorities having relaxed their planning policies in order to encourage the creation of new homes, an increasing number of property entrepreneurs are seeing this opportunity as […]

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More renters are saving for the primary purpose of going on holiday (33%) or establishing an emergency fund (31%) than for a deposit on a home (23%). The research, from buy-to-let lender Landbay, likely signals that renters see going on holiday as a more realistic goal than raising the money for a deposit. People typically […]

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Bridging lender Fiduciam has closed on a deal worth nearly £1m on two South West London properties. The loan was a 65% LTV first charge to fund the purchase and refurbishment of a Battersea property worth £1.3m. Johan Groothaert, chief executive of Fiduciam, said: “The London property market has gone through a major correction, and […]

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