Calls for more retirement homes as older people feel prevented from downsizing

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More than three million older people want to move to a smaller home but aren’t able to, according to a poll by Populus for a report by Homes for Later Living. Therefore the report therefore called on ministers to set a goal of building 30,000 retirement homes a year – approximately 10% of the annual […]

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Jackson-Stops expands network with two launches

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Jackson-Stops has unveiled its latest network expansion that sees the launch of a newly created Land & New Homes department in Suffolk, as well as its new branch in Woking, Surrey. The expansion follows a “strong” period of trading for the Jackson-Stops Group, as within the first 24 hours of the stamp duty savings being […]

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Five top tips to consider before buying a property overseas

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Simon Conn (pictured) is an overseas property expert The current pandemic has generated a surge in enquiries for professionals looking to relocate abroad but continue working for the same employer. They have enjoyed the freedom of working from home, have demonstrated to their bosses that their location is irrelevant to the continuing success of the business, […]

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Cost of renting rises in most European capitals

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The cost of renting has risen year-on-year in the majority of European capitals, with particular increases in Malta, Lithuania and Poland. Research from international rental marketplace Spotahome found that rents surged in Valletta, Malta (pictured) by 11.1%, bringing them to £942 per month. Other cities with strong increases are Vilnius, Lithuania (10%); Warsaw, Poland (9.2%); […]

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Homeowners look to make improvements due to lockdown

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After three months of the lockdown period, seven in 10 (69%) homeowners want to make changes to improve their homes, and a further one in 12 (7%) are thinking of selling and moving to a better property, research rom Aldermore has found. Nearly two in five (37%) UK homeowners say they value their homes more […]

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UK suffering worst recession of any major economy

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The UK is currently in the midst of the worst recession of any major economy, as its economic output shrank by 20.4% in the second quarter of 2020. This means the UK economy has contracted at roughly double the rate of the US and Germany. Rishi Sunak, Chancellor of the Exchequer, said: “I’ve said before […]

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New president of Chartered Surveyors Ireland calls for break with boom and bust cycle

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Micheál Mahon (pictured), president of the Society of Chartered Surveyors Ireland, warned the country needs a sustainable construction and property industry if progress is to be made in addressing the housing crisis and its infrastructural deficit. He said that if the government was serious about tackling the housing crisis and building the 30,000 to 35,000 […]

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Estate agency job availability falls by two thirds in a year

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Research by property recruitment specialist Rayner Personnel has revealed that the estate agency sector saw the number of available jobs fall during the second quarter of this year, as the COVID-19 pandemic caused the property market to close its doors under lockdown restrictions. Rayner analysed data from the Office for National Statistics which showed 4,000 […]

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Firm launches air control system which removes COVID-19 particles

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Smart Buildings specialists OKTO Technologies has launched a ‘Wellness Division’, OKTOair, an Artificial Intelligence-led air filtration solution. The filtration system has been proven during testing to remove a proxy virus for SARS-CoV-2, the virus that causes Covid-19, from the air with 99.98% elimination within 10 minutes and 100% in 45 minutes. The system was originally […]

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Housebuilder Bellway reports sluggish completions

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Newcastle-based housebuilder Bellway has seen completions and sales fall in 2020. In the year to 31st July 2020 completions fell by 31% to 7,522, down from 10,892 in the same period of 2019. Bellway sold 13.6% fewer homes in July than the same month last year. Jason Honeyman, chief executive, said: “Whilst the economic outlook […]

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