Historic estate agency group Humberts has been purchased by a consortium of franchise owners after falling into administration in December 2019. The firm has been purchased by Humberts Group Limited from insolvency practice Begbies Traynor. A scattergun approach to growing the company was blamed for its troubles. Humberts franchised at least one office, opened a […]
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The specialist finance of bridging is expected to increase its volumes in 2020, thanks to political certainty. The results of the election in December 2019 has filled both investors and developers with new found confidence going into the new year. A survey carried out by Avamore Capital showed a 66% majority of developers were more […]
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In recent years, offices and workspace design has had a substantially heavy focus on the employee; with spaces used to promote staff wellbeing and productivity throughout the workforce. Whilst the focus remains on boosting this employee wellbeing and productivity, recent developments in office design appear to cater to this. Offices are now evolving to accommodate […]
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Late last year, the National Housing Federation released the first ever “state of the nation” report, revealing shocking figures into the UK’s housing crisis. Of these figures, the report showed that 1 in 7 people were directly affected by the housing crisis. This totals to over 8 million people throughout England living in homes that […]
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The proportion of income that tenants spent on rent decreased from 32.64% in 2016 to 30.64% in 2019 despite increases in rental levels, The Deposit Protection Service’s (The DPS) Rent Index has revealed. Affordability of renting improved due to a 2.69% increase in average salary (from £29,559 to £30,353) and a £77 decrease in average tenancy […]
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The proportion of young homeowners has increased, reversing a trend seen since 2003, the government’s English Housing Survey has revealed. Between 2003-04 and 2013-14 the proportion of 25-34 year olds in owner occupation decreased from 59% to 36%. However in 2018-19 it bounced back to 41%, the same as the proportion living in the private rented sector. […]
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An online property platform dedicated to sales in probate has launched called Probate Property Hub. The hub has been created for solicitors and buyers to quicken up property sales. Shaahid Quinn, operations manager at Probate Property Hub, said: “Achieving the quick sale of a property during the probate process can often be a challenge for solicitors and is typically […]
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The Nottingham has returned to the 75% LTV buy-to-let mortgage market. The building society has launched two-year fixed rates at 1.69% with a £999 fee and 2.09% with no fee. There are also five-year fixed rates at 2.04% with a £1,999 fee and 2.28% with no fee. Nikki Warren-Dean, head of intermediary sales at The […]
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Developers operating in the six largest Polish cities sold 17,600 units in the fourth quarter of 2019, 9% more than in the previous quarter, the JLL report Residential Market in Poland Q4 2019 found. Sales in Warsaw increased the most, by as much as 22% quarter-on-quarter, which resulted in 6,800 units being sold in Q4 […]
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FirstPort, the residential property management company, will manage the homes being built at Wichelstowe, a new home development near Swindon. The latest phase of Wichelstowe named Canalside@Wichelstowe, will feature a mix of 208 apartments and houses from builders David Wilson Homes and Barratt. It is anticipated the first residents will be able to move into […]
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