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The Government’s decision to delay by one year the implementation of potentially damaging VAT changes for construction companies is a victory for common sense, according to the industry. Reverse charge VAT was due to come into force from 01 October 2019 but the Government has announced it will delay it until 01 October 2020 after […]
The post Building industry welcomes delay on VAT change appeared first on PropertyWire.
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Some 42% of sellers would shun traditional estate agents for their next move and 49% would cut the cost by going for a DIY house removal, new research has found. I means that 7.3 million potential house sellers would opt for an online agent to cut the cost of moving or sell privately, according to […]
The post Report reveals large number of sellers would shun a traditional estate agent appeared first on PropertyWire.
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Void periods in the private rented sector dropped to record lows across the UK in August, taking the average to just 11 days, the latest industry rental report has found. The shortest average void periods were recorded in the South West, where it took just five days to fill a vacant property in August, eclipsing […]
The post Void periods at record low in August, while average rents increased appeared first on PropertyWire.
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Proposals have been announced by the Government that would ensure more sprinklers in new high rise blocks of flats in England. It says in a new consultation document that thousands of residents will benefit from safer homes under proposals that would see sprinklers installed in new high rise homes. The Government is also looking at […]
The post Government announces sprinkler review for high rise homes appeared first on PropertyWire.
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Average prices in the prime central London property market fell by 4.4% in the year to August 2019, the most modest fall recorded so far in 2019, the latest index report shows. The annual decreases in the volume of sales in also moderated as buyers responded to price adjustments and the Brexit deadline extension, according […]
The post Prime property market in London price falls moderating appeared first on PropertyWire.
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Across Britain as a whole, the current average first time buyer house price is £193,701, some 28% cheaper than the current average price paid by former owner occupiers of £268,119, new research shows. In England first time buyers are currently paying 27% less than those already on the ladder, with this gap marginally smaller in […]
The post Analysis reveals best locations for first time buyers appeared first on PropertyWire.
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Home value growth has largely followed job creation since the recession in the United States, further concentrating the housing market to large cities with rural areas lagging behind in terms of recovery. Some 35.1% of employment growth and 40.7% of home value growth since July 2009 have come from the 10 largest job markets in […]
The post Recovery in property price growth in the US is slower in rural areas appeared first on PropertyWire.
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While Chancellor Sajid Javid announced extra resource for local authorities, there is general disappointment that there was little for housing and planning in his spending review. ‘Additional funding for local authorities is much needed and welcome. However, the spending review offers little to support new housing delivery or overstretched planning departments,’ said Melanie Leech, chief […]
The post Property industry disappointed by Chancellor’s spending review appeared first on PropertyWire.
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A pet friendly home is the most desirable attribute in a rental property, according to new research aimed at giving landlords an insight into the wants and needs of their tenants. The research found that 14% renters rated pets being allowed in the property as their most important requirement. That figure nearly doubles in the […]
The post Poll reveals a pet friendly home is high on priority list for tenants appeared first on PropertyWire.
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Rental value growth in prime central London has been broadly flat over the last 12 months, underpinned by the fact demand has grown faster than supply, the latest sector report says. However, as average sale prices have declined over the same period, this has led to a rise in yields, according to the August prime […]
The post Rent growth largely flat in prime property market in London appeared first on PropertyWire.
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