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Courts across the England are failing to follow their own rules when it comes to the speed of dealing with residential repossession cases, it is claimed. According to the civil procedure rules which provide a code to ensure courts deal with cases justly, the courts are expected to ensure cases are ‘dealt with expeditiously and […]

The post Courts in England failing to follow rules in housing cases appeared first on PropertyWire.

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The lettings market in London’s prime property market is improving, with the number of tenancies agreed rising at its highest level for more than five years, new research shows. Overall tenancies agreed were up by 34% in the 12 months to August 2019, according to the figures from real estate firm Knight Frank and demand […]

The post Prime lettings market in London seeing highest demand or five years appeared first on PropertyWire.

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The residential property sales slump largely affected the South of the UK, with 62% of areas that saw falling transactions in 2019 in that part of the country, according to new research. Indeed, most parts of the UK actually saw transaction volumes grow last year, the analysis by property developer Southern Grove found. It says […]

The post Sales slump in 2019 was mostly in the South of England, analysis shows appeared first on PropertyWire.

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Annual house price growth slowed to 1.1% in the 12 months to September to an average of £232,574, the latest lender index shows. Month on month prices were down 0.4% and on a quarterly basis they were up by 0.4%, according to the data published by the Halifax. Russell Galley, managing director of the Halifax, […]

The post Annual house price growth at is lowest since April 2013 appeared first on PropertyWire.

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A large number, some 60% of over-65s would consider moving to a bungalow and 65% believe that single level homes should be built specially for older people. It means that around 7.2 million people would consider buying a bungalow, up 600,000 in a year, according to a new study from retirement home developer and manager […]

The post Majority of older people want single storey homes appeared first on PropertyWire.

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Introducing rent controls in Manchester would choke of the supply of homes to rent making it more difficult of tenants to find a place to live, according to the lettings industry. The warning from the Residential Landlords Association (RLA) comes as a new report calls for the Greater Manchester Combined Authority to have powers to […]

The post Rent controls in Manchester would reduce number of homes to let appeared first on PropertyWire.

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As house prices and sales activity increases in the prime property market in Spain, five key cities are giving potential buyers a new sense of confidence, according to a new analysis. The highest prices residential prime property is in Madrid where values increased 9.7% during the year to March 2019, and are 50.1% higher than […]

The post Five key cities in Spain seeing strong prime market activity and growth appeared first on PropertyWire.

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The average cost of buying and selling home in the UK has reached a record high at £10,414 or £24,585 in London, new research has found, a rise of 2% year on year. It is higher stamp duty payments, up 4%, and larger conveyancing fees, up 5%, that are driving the cost of moving home, […]

The post Moving costs reach record highs, led by rise in stamp duty appeared first on PropertyWire.

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