London has the highest proportion of rental disagreements between landlords and tenants, accounting for 37% of all cases in the last year. The data, by rental deposit replacement scheme, Ome, found that the South East came second with 16% of all disputes, with 11% being in the North West. Poor communication on why the deposit […]
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Rental platform Movebubble will release version two of its platform tomorrow. The new version will include an update to the chat feature, with users receiving a WhatsApp-style experience, with double tick read receipts and the ability to check when renters and partners were last online. You can now also filter based on price criteira and […]
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Andrews property group has urged buyers and sellers to list properties ahead of Valentine’s Day this Friday – as the second half of February tends to see a surge in ‘loved-up’ couples seeking to buy or rent new homes together. The number of properties being put up for sale in the second half of February […]
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Mike Scott, chief property analyst at Yopa Chancellor Sajid Javid has faced criticism from both estate agents and London MPs after apparent plans to hit larger properties with a “mansion tax” emerged over the weekend. Though an appealing idea in principle, raising additional tax revenue from people who are well-placed to afford it risks distorting […]
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Scotland currently offers the best buy-to-let yields across the UK at 5.8%, Sourced Capital research shows. Glasgow is the top region, with yields hitting 7.8% on average, followed by West Dunbartonshire (7.2%) and Inverclyde (7.1%). England averages at 4.1%, with the best yields being found in the North East (4.9%), Yorkshire and the Humber (4.5%) […]
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The cost of buy-to-let mortgages have fallen year-on-year, research from Property Master has found. The biggest fall was for 5-year fixed rate buy-to-let mortgage offers for 65% of the value of a property, which fell by £48 per month between February 2019 and February 2020 for a £150,000 mortgage. Angus Stewart, chief executive of Property […]
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Zoopla delivered a 25% increase in applicant leads and a 17% uplift in valuation leads to agents in January 2020, compared to the same month last year. The company also saw a 15% rise in online sessions. Zoopla attributed the increase to a Boxing Day marketing campaign, though there have been reports of the market […]
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Intermediaries were more confident about the outlook of the mortgage market in Q4 2019 than at any other point during the year, the Intermediary Mortgage Lenders Association Mortgage Market Tracker found. According to the research, 93% of mortgage intermediaries were confident about the outlook for the mortgage industry heading into 2020. Kate Davies, executive director […]
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It’s currently easiest to sell homes in Sheffield’s S11 postcode, taking just 11 days from being listed on average, Property Sell By Dates research from Thomas Sanderson found. However Liverpool dominates the UK’s fastest selling postcodes, with properties shifting quickly at L11 (14 days), L26 (15 days) and L14 (23 days). Birmingham’s B25 was also […]
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Properties across South Africa are likely to rise by 3.7% in 2020, below the inflation forecast of 4.3% over the same period. House prices only grew by 3.6% in 2019, FNB’s Q4 Property Barometer found. Kevin Penwarden, chief executive at SA Home Loans (SAHL), said: “In the more traditional middle-income market, the average value is […]
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