Million pound homes outperform the rest of the market


Sales activity in the £1m+ property market is storming ahead according to Rightmove, as wealthier buyers prioritise space and leafier locations Houses over £1m are selling 18 days faster than this time last year – the fastest pace since 2014. Paul Oberschneider, chief executive at Hilltop Credit Partners, said: “A common conception is that houses […]

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More properties sell for over the asking price


One in eight (13%) properties sold for more than the original asking price in August – the highest recorded since November 2015. NAEA Propertymark’s August Housing Report found that over half (53%) of properties still sold for less than the asking price last month; Mark Hayward, chief executive, NAEA Propertymark, said: “It’s interesting to see […]

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OneDome completes £5m Series A funding round


Property technology company OneDome has raised £5m in a Series A finding round with the aim of challenging established property listing websites by offering property buyers the ability to search for a property, get a mortgage and organise all legal matters on one platform. The company has been backed by some of the UK’s most […]

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House prices to rise by 2% in 2020 before grinding to a halt


UK house prices will rise by 2% in 2020 before staying flat in 2021, Hamptons International has predicted. House prices are expected to see the biggest increase in Wales (3.0%), followed by London (2.5%), Yorkshire & the Humber (2.5%) and the North West (2.5%). Next year West Midlands is predicted to see the biggest fall […]

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Winter Economic Plan: a slow wind down of government support


I am cautiously optimistic about the government’s Winter Economic Plan, announced last week, which will mean the government is able to reduce its huge expenditure without there being a cliff edge situation for the UK workforce. The Job Support Scheme will run for six months from the 1st of November, replacing the furlough scheme. Employees […]

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Working from home resulting in worrying behavioural changes


Some people are struggling mentally to deal with not coming into the office, as 90% of work-from-home employees said they needed guidance on their psychological needs. Since they started working from home a number of people feel like they’re overspending on things like groceries, snacks and household supplies Couponlawn.com research shows. Some 63.4% of people […]

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NHBC launches first apprenticeships


NHBC, the warranty and insurance provider for new homes, has launched its first ever house building apprenticeship scheme. The company has become an Education and Skills Funding Agency-approved provider of apprenticeships. NHBC has welcomed the first cohort to its Construction Site Supervisor (CSS) apprenticeship programme. Darryl Stewart, NHBC’s head of training and analysis, said: “This […]

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Industry pledge will support home movers


The Home Buying and Selling Group and Law Society have produced an industry pledge, which indicates some of the tasks buyers and sellers can currently perform. Knowing at an early stage for example that a transaction needs certain fire safety certificates can avoid wasted effort. For sellers, the pledge recommends they instruct a property solicitor […]

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Home Buying and Selling Group unveil industry pledge


The Home Buying and Selling Group (HBSG) has unveiled an industry pledge to support home movers in England and Wales. Since lockdown, the HBSG has been working with the home moving industry to help ensure the home moving market operates as well as it can during COVID-19 and beyond. The group produced pan-industry guidance on […]

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