Retail woes could signal start of winter chill

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Dave Miller (pictured), client account manager, Spicerhaart Corporate Sales The start of November has brought with it a slew of unwelcome news about struggling high-street brands. Most obviously there was the announcement on 5 November that Mothercare was entering administration. All 79 UK stores are set to close with the loss of up to 2,800 […]

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Brits overestimate the impact of Brexit on house prices

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Three-quarters of Brits think Brexit had a worse impact on UK house prices than was the reality, research from property buyer Good Move has revealed. The study asked 2,000 Brits to estimate how house prices have changed in UK cities since the EU Referendum. Nearly a third (32%) thought house prices have fallen in their […]

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237 home development in Taunton given green light

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The development of 237 homes in Taunton, Somerset, has been given the go-ahead by planners, with work on the first phase of development set to start shortly. Nerrols Grange, which is an extension to the Northwalls Grange development, is set to be created in Taunton by housebuilders Barratt Homes and David Wilson Homes. Andrea Pilgrim, […]

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SDL Property Partners signs up four to block management network

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SDL Property Partners has signed up four partners to its franchise network for block management. SDL has welcomed Ainsworth Lord Estates, Jezzards, Medway Premier Block Management and Peter Morgan. Ainsworth Lord Estates will be the first member of the SDL Property Partners network in the northwest. The estate agency featured on the Channel 5 documentary […]

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Rents grow anually despite monthly fall

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The average UK rent is now £953 after rising by 2.7% in the year to October 2019, HomeLet’s rental index has revealed. Five regions increased by over 3% – the North East (4.5%), North West (4.3%), Scotland (4.2%) and Yorkshire & Humberside (3.5%). On a monthly basis things are looking less rosy however, as rents […]

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Best time to sell a home is 1.51pm on a Wednesday

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The best time to sell a home is at 1.51pm on a sunny Wednesday, research by Privilege Insurance has found. The month of March is most common when it comes to selling up. Christian Mendes, head of Privilege Home Insurance, said: “Selling a home can be a very stressful ordeal, so it’s great to see […]

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Mortgage approvals drop year-on-year

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There were 65,922 residential mortgages approved in October 2019 on a seasonally adjusted basis, a decrease of 1.2% year-on-year, e.surv has revealed. The number of transactions were fairly flat compared to September 2019. Richard Sexton, director at e.surv, said: “Despite the wider property market continuing its recent slowdown, the mortgage industry has maintained steady levels […]

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Over-55s open to downsizing

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Over a third (36%) of over-55s are planning to downsize in retirement, a survey from Nationwide has revealed. More than half (56%) say this is because a smaller property would be easier for them to manage or get around in in old age. Jamie Turnbull, business director at Girlings Retirement Rentals, said: “This survey reflects […]

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New emoov COO hits back at Russell Quirk

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The chief operating officer of emoov has responded to ex-CEO Russell Quirk by arguing that online estate agencies haven’t realised their potential and will take market share from the traditional players. Last week ex-emoov boss Quirk argued on a podcast with Mark Worrall that the low-fee model “doesn’t work”. Meanwhile he predicted that Purplebricks will […]

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Strong demand for Cornwall holiday lets

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The Cornwall holiday lettings market is going strong, despite the buy-to-let market being dampened down by government measures and political uncertainty. Cornwall-based holiday lettings firm Beach Retreats has seen an 103% year-on-year increase in bookings for 2020 – which is significant for a business used to a 15-20% increase per year. Nicola Markham, joint regional […]

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