There was strong activity in terms of prospective tenants and housing supply in June, ARLA Propertymark’s June Private Rented Sector report has found. The number of properties managed per branch reached an all-time high last month, with an average of 200 properties managed per letting agent branch. However, this still represented a slight fall from […]
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Build to Rent (BTR) specialist Wise Living has taken ownership of 40 new-build apartments in Telford as part of its partnership with Lovell Partnerships. The 40 new build one and two-bedroom apartments will form part of Lovell’s Principal Point development in Telford, where Lovell is delivering 165 homes. Robert Simonds, business development director at Wise […]
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The number of prospective tenants continued to rise in June along with the average branch registering 79 new tenants per branch compared to 70 on average in May. Year-on-year, this figure is the highest recorded for the month of June, according to the latest Private Rented Sector report by ARLA Propertymark. Despite the average branch […]
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London-based buy-to-let landlords are increasingly heading to the North West in search of better returns, research from Hamptons International has found. A third (34%) of London-based investors buying new property in the past year bought in the Midlands and North, up from just 14% in 2015 and 4% in 2010. Some 41% of London-based investors […]
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Fine & Country has signed nine licenses in London, growing its reach within the capital. Six of the licenses are new companies joining the brand for the first time, with the other three existing licensees that have taken on additional territories. The new offices are in areas including Belgravia, Islington, St Johns Wood, Golders Green and Holland Park. Fine & Country Richmond has expanded […]
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Properties without a strong broadband connection could struggle to find buyers in the wake of the Covid-19 pandemic, research from TalkTalk suggests. Over nine in 10 (93%) potential buyers see having a reliable internet connection as a priority when house hunting, up from just over half (53%) before the Covid-19 crisis. Nearly two thirds (62%) […]
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Surprisingly Poland’s commercial housing market fared well in the first half of the year despite the pandemic, research from advisory firm JLL has found. Demand for office space in H1 increased by almost 10% year on year, despite it falling by 50% between the first and second quarters. Karol Patynowski, director of regional markets, JLL, […]
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Data from letting agent comparison website Rentround shows that landlord searches on the platform has risen by 21% since the stamp duty holiday was implemented by Chancellor of the Exchequer Rishi Sunak. Rentround claims that these findings show that buyers are conducting due diligence activities on the potential purchase of a property bought for buy-to-let […]
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Property Wire spoke to property entrepreneur and chief executive of Kamani Property Group Adam Kamani (pictured) about his online estate agency YourNxtDoor, why he decided to enter the property world and his expansion plans in these challenging times. What inspired you to enter into the property world, and in turn set up a letting agency? Ever […]
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The Help to Buy equity loan scheme should be extended by at least 12 months due to the crisis caused by Covid-19. That is according to Kate Davies, executive director of the Intermediary Mortgage Lenders Association, who has made the case to the government in meetings and in a letter to the secretary of state. […]
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