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After a busy couple of months, I’m sure landlords, agents and developers will be spending some well-earned time with loved ones this week. There’s a sense of calm before the storm, as Barratt Homes said last week the company is gearing up for a busy time after Christmas, when people start making plans for 2020. […]
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The Conservative party’s manifesto pledge to create a new market in long-term fixed rate mortgages has received the backing from a Centre for Policies Studies report. The report, called ‘Resentful Renters’ by Graham Edwards of property company Telereal Trillium, suggested users won’t need to be stress tested and can be offered 95% LTV rates that […]
The post CPS report backs Conservative Party’s long-term fixed rate mortgages appeared first on PropertyWire.
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The majority (84%) of letting agents think rent prices will rise next year, up from two thirds (65%) last year, ARLA Propertymark has predicted. More than three fifths (61%) think demand will continue to increase, but almost seven in 10 (68%) reckon the number of landlords operating in the private rented sector will decline next […]
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The government intends to carry out the abolition of so-called ‘no fault’ Section 21 evictions. The Queen’s Speech announced a Renters’ Reform Bill, as well as a lifetime deposit which would allow tenants to swap their deposit from one property to another. Section 21 enables landlords to evict tenants with two months’ notice. David Cox, […]
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The Queen’s speech, which is written by the government, has pledged to provide homes at a discount for local first-time buyers. Before the election the Conservatives pledged to discount homes by a third for local people who cannot otherwise afford to buy in their area. The party added that this could be used to prioritise […]
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Thurrock in Essex has seen the largest increase in house prices this decade outside London, analysis of Land Registry data by modular housing developer Project Etopia shows. Prices have increased by 78.2% in the past decade from £156,741 to £276,164, compared to an average rise of 38.8% across the UK, excluding London. Joseph Daniels, chief […]
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Ben Fielding is a writer working on behalf of Prestige Floors If you’re a homeowner, you are no doubt aware of how volatile the housing market can be. House prices can fluctuate, and if you’re looking to sell it can make your life much more challenging. More and more homeowners are renovating their properties as […]
The post Five ways to add value to your period property appeared first on PropertyWire.
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US house price growth reached a near six-year low of 3.8% in November 2019, Zillow’s Real Estate Market Report has found. This is the lowest rate of growth since January 2013, and puts the average house price at $243,225. Breaking it down by area, Phoenix, AZ, saw the highest house price growth of 6.1%, followed […]
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Investment in London’s commercial property market recovered during the final quarter of 2019. Research from property agent Knight Frank shows that investment increased by 15% on the previous quarter to £2.76bn. Nick Braybrook, head of London Capital Markets, said: “Investors have been circling the market in increasing numbers over the last few months, with international […]
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UK house prices fell by -0.7% between September and October 2019, the UK House Price Index has found. After the fall annual price growth stood at just 0.7%. Shaun Church, director at Private Finance, said: “House price growth has almost ground to a halt, with the lowest annual increase in prices seen in more than […]
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