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Barratt Homes staff in South Wales are preparing for a busy time of year after Christmas – with househunters using the holiday to search for a new home in the New Year. The housebuilder said the fortnight after Christmas is its most action-packed time of the year, as it saw a spike in website visits […]
The post Housebuilder prepares for busy after Christmas period appeared first on PropertyWire.
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The size of the property is the most significant factor for homebuyers, with 90% saying it was ‘important’ or ‘very important’, research from Market Financial Solutions has revealed. Other important factors are outdoor space (89%), the property’s finish (88%), its distance to the nearest town (87%) and the availability of a garage or off-street parking […]
The post Size does matter appeared first on PropertyWire.
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The number of agents seeing a rent increase fell to 32% in November, ARLA Propertymark’s November Private Rented Sector Report has found. This is the lowest figure since March, and represents a fall from 50% in October. Demand from prospective tenants fell in for the third successive month. There were 67 registered prospective tenants per […]
The post Fewer rent rises in November appeared first on PropertyWire.
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Luxury property developer 10ACIA has launched a £4.6m luxury gated community on Lea Road near Preston. The development, called Edgewater Oaks, consists of a number of five-bedroom, furnished properties. The scheme was supported by a £1.6m development facility from Lloyds Bank Commercial Banking. David Price, founder and director at 10ACIA, said: “We’re incredibly passionate about […]
The post Water-side community opens near Preston appeared first on PropertyWire.
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Low mortgage rates have tempted more existing homeowners to remortgage in November, according to e.surv’s Mortgage Monitor. There were 65,879 residential mortgages approved during November 2019, a rise of 2% from October and 2.8% compared to November 2018. e.surv, a firm of residential chartered surveyors, said one factor contributing to the rise may be that […]
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Canary Wharf Group’s new build-to-rent arm Vertus is launching its first development on the privately-owned Canary Wharf estate. 10 George Street, a collection of 327 apartments available exclusively to the rental market, will be available to lease from early 2020. Alastair Mullens, head of Vertus, said: “The build-to-rent market has seen unprecedented growth in recent […]
The post Canary Wharf Group to launch first build-to-rent project appeared first on PropertyWire.
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The likelihood of completing a property sale is highest in the last three months of the year, research from estate agent Homesimple shows. An analysis of Land Registry home sale completion figures by Housesimple over the past five years reveals October to be the best month for completions, with an average of 81,974 home sales […]
The post Q4 the busiest time for home sales appeared first on PropertyWire.
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Remortgage volumes fell by 20.8% year-on-year to October 2019, UK Finance data shows. First-time buyer activity was more promising, with volumes rising by 2.8% year-on-year. Mark Harris, chief executive of mortgage broker SPF Private Clients, said: “After a very strong year, remortgaging numbers dipped in October, suggesting that many of those who needed to refinance […]
The post Remortgaging down a fifth year-on-year in October appeared first on PropertyWire.
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Southwold has been rated as the top coastal location to buy by comparethemarket.com This is based on the average rainfall, average temperature, beach quality score, average property price, annual property revenue, and daily property rental rate. Southwold has the highest average rental revenue, at £115,689. If you’re looking to invest in a seaside home with […]
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Some 59% of the general public have not heard of the term Build to Rent, research from platform Love to Rent has found. Nearly four in 10 British adults expect that they or their children will be living in rented accommodation in 10 years’ time. Anne-Marie Brown, founder and chief executive of Love to Rent, […]
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