Ray Harriot, founder of Reliable Property Group It’s clear that without a stamp duty holiday extension, January through March will be a crunch period for buyers. Many will be putting the pressure on their solicitors and mortgage brokers to get their transactions completed before the March 31st deadline. Some will even look to cut corners, […]
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Terraced houses have been the strongest property type for house price growth in the past 20 years, Ocean Finance research shows Since 2000 terraced prices have jumped by 96% from £189,394 to £321,519. The second biggest change in value took place to semi-detached houses, with a price increase of 84% to £203,392. Detached homes and […]
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The New Year could be a turning point for the housing market, with house prices falling by -1.2% in January and -2.5% in February, warned Reallymoving. In its House Price Forecast, the home moving company predicted average house prices to reach £352,239 before they start to fall. Rob Houghton, chief executive of reallymoving, said: “Our […]
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Eight in 10 (84%) of surveyed homeowners are planning to make their property more ‘green’ in the coming year, with reducing energy bills a key motivation, research from plumbing and heating trade supplier City Plumbing reveals. This news comes after the government extended the Green Homes Grant scheme until March 2022. Steve Alldritt, technical director […]
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The Mayfield Partnership has started work on a £1.4bn regeneration development in Mayfield, Manchester. The scheme will see the delivery of 1,500 homes, 1.6m sq ft of commercial space, as well as 300,000 sq ft of retail and leisure facilities. It will also see the development of the city’s first new public park in over […]
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Landmark Estate Agency Services has partnered with teclet, integrating its Anti-Money Laundering (AML) compliance and property data solutions with teclet’s CRM platform for sales and letting agents. These solutions also include Land Registry checks to identify and validate property ownership and provide property information, to help with Consumer Protection Regulation (CPR) compliance. Ben Robinson, managing […]
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Hammerson is looking to start a build-to-rent residential scheme at Highcross in Leicester’s city centre. The developer is working with private-rented-sector specialist Packaged Living to develop the plans ahead of submission of a planning application early next year. Mark Bourgeois, managing director UK and Ireland at Hammerson, said: “Today’s announcement is another example of the […]
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Noah Ibrahim is chief executive of Novarick Homes Rapid growth in Nigeria’s economy has resulted in equally rapid growth in demand for real estate. However, the recent happenings in the world; that is the pandemic, have affected the Nigerian economy, in turn affecting the real estate market in the process. The Nigerian real estate market […]
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A quarter (26%) of homeowners are considering moving in the next 12 months – while 55% of those decisions were directly influenced by the pandemic. Half of UK homeowners aged 18-24, and one third of those aged 25-34 are planning on moving house in the next 12 months due to Covid-19. The survey comes from […]
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House prices have surged by 7.6% in the year to November, averaging at £253,243. Both monthly and quarterly growth is also substantial, at 1.2% and 3.8%. Russell Galley, managing director, Halifax, said: “As the March deadline for the stamp duty holiday approaches, properties sold to home-movers recorded a much higher rate of annual house price […]
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