Toronto, Canada, is seeing a major increase in condominium listings in the downtown area compared to the city as a whole, a report from real estate agency Zoocasa has found. New rental listings in condo buildings in downtown Toronto grew by 257% year-on-year, compared to 83% in the city. It’s a similar case when looking […]
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Help to Buy equity loan completions in March saw an annual decline of 17% in England according to the latest data by the Ministry of Housing, Communities & Local Government (MHCLG). Despite the decline in completions seen in March, figures in January and February were similar to the same months a year previously. House purchases […]
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Google searches for glazed extensions such as orangeries, garden rooms and conservatories doubled during the COVID-19 lockdown, according to Westbury Garden Rooms. The research compared search volumes for April to June 2020 with the same period in 2019 for a wide range of keywords relating to orangeries, garden rooms and conservatories. ‘Garden rooms’ were the […]
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Planning deregulation to encourage rooftop developments will increase the cost for leaseholders wanting to buy their building’s freehold according to Mary-Anne Bowring, managing director of residential property consultancy Ringley Group. The government recently unveiled plans to allow building owners to add additional floors without going through the usual planning process. When the reforms come into […]
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Most leaseholders of apartment buildings do not want to take on new responsibilities for building and fire safety over fears of building neglect and conflict, research conducted by data research firm Savanta Group has found. Government reforms on building safety introduced through the Building Safety Bill would mean include the creation of an “Accountable Person”, […]
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Birmingham, Leeds and Cornwall are amongst the nation’s home mover hotspots, research from home setup service Just Move In has found. In Birmingham 1,967 people have sold up, followed by 1,889 in Leeds and 1,483 in Cornwall. Despite the problems posed by coronavirus, 130,000 homeowners across England and Wales have already sold their homes and […]
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Online mortgage broker Trussle has hired a team offering income protection, critical illness cover and life insurance. Income protection covers the income when people are too ill to work, critical illness cover pays in a lump sum when people fall ill, while life insurance pays out to beneficiaries or family if the policyholder dies. Prakash […]
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A Sheffield-based conveyancing solicitor has seen a massive upsurge in enquiries – and she expects the trend to continue into 2021. The stamp duty holiday on property purchases up to £500,000 is expected to spur on more people to move until it ends on March 31st 2021. Caroline Murray, who worked through the last property […]
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Pepper Money has relaunched its buy-to-let range for individual investors and limited companies. Pepper Light is now available for buy-to-let purchase for the first time. The range starts at 3.70% and is for customers who have experienced defaults, missed payments and arrears, but have not received a County Court Judgement. The lender has also extended […]
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Two thirds of landlords would want to raise rents if they were forced to allow their tenant to keep a pet in their property, research from the Tenancy Deposit scheme has found. The Tenant Fees Act prohibits landlords and agents from charging additional fees to tenants, including pet deposits. Getting a pet has become more […]
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