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Nearly half (44%) of British homeowners would not buy their home again if given the chance, research from home interior company www.Hillarys.co.uk found. This is typically due to issues with the house like heating and plumbing (59%), as well as the size of the house (43%) and having troublesome neighbours (34%). Less common reasons are […]
The post Some homeowners regret buying their property appeared first on PropertyWire.
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Properties in Prime Central London are coming onto the market at twice the rate as other areas of London, as owners look to take advantage of the sharp uplift in the property market, Chestertons, one of central London’s largest agents, has revealed. January figures show that the number of new properties coming onto the market […]
The post Prime London activity surges compared to the rest of the capital appeared first on PropertyWire.
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Last year saw the most commercial property transactions in Scotland for a decade, at 4,667, analysis from the Scottish Property Federation has found. At £3.37bn, the value of commercial property sales in 2019 also hit its highest annual total since 2015. David Melhuish, director of the Scottish Property Federation, said: “We’re pleased to see the […]
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Some Brits don’t have a grasp on how house prices vary across the country, research from online estate agent Housesimple has indicated. One in five Brits (19%) wrongly believe a four-bedroom barn conversion in Blackburn cost more than a two-bedroom penthouse in London – the London home would cost around £2.49m more. People in London […]
The post Brits unaware of regional house price differences appeared first on PropertyWire.
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There were 635,277 remortgage cases last year, 4.2% more than in 2018, the 2019 Remortgage Snapshot from LMS has found. 5-year fixed rate products were the most popular, with 46% of remortgagors choosing that product. The average monthly payment decreased to just £181.42. Nick Chadbourne, chief executive of LMS, said: “2019 brought healthy remortgage volumes […]
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Eagle-eyed readers may have noticed my name wasn’t on the site quite as often as usual last week. That’s because I was visiting New York City for the first time. I saw the bright lights – the Empire State Building is still impressive 90 years on – though I later wandered into an area of […]
The post New York and the dreaded Mansion Tax appeared first on PropertyWire.
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Luxgrove has received planning for the Brondesbury Park scheme in London. The developer has received permission to demolish an existing house on the corner of The Avenue and Brondesbury Park. It will then build three four bedroom freehold houses and six two bedroom apartments with roof terraces and parking. Lachlan Ross, chief investment officer, said: […]
The post Brondesbury Park scheme given go ahead appeared first on PropertyWire.
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Housing activity increased on both a yearly and monthly basis in January, HMRC statistics show. In January 2020 there were 102,810 residential transactions on a seasonally adjusted basis, 5.2% more than the same month last year and 4.1% more than December 2019. Jeremy Leaf, north London estate agent and a former RICS residential chairman, said: […]
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Property portal Residential People has accused Rightmove of charging agents too much. The company said Rightmove, which is the market leader, charges crippling fees that put a significant squeeze on independent agents. Rightmove angered agents in November by hiking fees, as costs for single-branch agencies vary from £1,936+VAT down to 990+VAT. Christopher May, director of […]
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The conveyancing industry suffered a very sluggish final quarter of the 2019, as quarterly transactions dropped to the lowest level since the second quarter of 2017. There were 226,44 transactions in Q4 2019, 8% fewer year-on-year, amidst the political uncertainty that gripped the nation. The top 200 conveyancing firms recorded a 13% drop in activity. […]
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