Urban green spaces raise nearby house prices by an average of £2,500


Urban properties close to public parks, gardens and playing fields in England and Wales are more expensive than homes further away by some £2,500, a new analysis reveals. Houses and flats within 100 metres of public green spaces are an average of £2,500 more expensive than they would be if they were more than 500 […]

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Wales bucks trend as average house price reaches new peak


Wales continues to buck the trend seen across England as the average house price reached a record peak of £191,006 in the three months from July to September, the latest index shows. The figures from Principality Building Society’s Wales house prices index for the third quarter of 2019, reveals the rise and fall in house […]

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Financial and building safety announcements in Queen’s Speech welcomed


Financial Services Bill proposals outlined in the Queen’s Speech could boost the mortgage market while building safety plans have been widely welcomed. According to Ishaan Malhi, chief executive officer of online mortgage broker Trussle, the financial Bill should be used to deliver solutions to improve the mortgage market. ‘Too often, the mortgage industry doesn’t work […]

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Government eviction reforms risk increasing delays, lawyers warn


Government plans to end so-called ‘no fault’ evictions and at the same time expand what amounts to a good reason to evict may not improve tenants’ security and risk being unworkable in practice, according to lawyers. Responding to a Ministry of Housing, Communities and Local Government (MHCLG) consultation, London firm Osbornes Law has warned that […]

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Country house market in the UK sees prices continue to fall


The price of prime country houses in the UK is falling, with values down overall by 2.3% year on year, the latest quarterly index shows. But there is a sign of improvement in the sector as average prime country values in England and Wales declined 0.1% during the quarter, taking the annual change to -1.7%, […]

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Research reveals PRS mandatory licensing is rife with non-compliance in London


There are over 310,000 private rented properties in London that require licensing under mandatory HMO, additional and selective licensing schemes implemented under the Housing Act 2004, new research has found. Whilst the mandatory HMO licensing applies across England, additional and selective licensing schemes are introduced on a borough by borough basis, with the aim of […]

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Average rents in Britain up 1.8% on 12 months to September, but fall in Wales


Average rents in Britain increased by 1.8% in the year to September 2019 to £998, rising everywhere apart from Wales where they fell by 1.4%, the latest lettings index shows. It means that the average rents in Wales was £673, according to the latest Hamptons International monthly lettings index which is based on achieved rather […]

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Take-up to exceed six million square feet in the City by end of 2019


Take-up in the City of London is on track to surpass six million square feet by the end of the year, according to international real estate advisor Savills. Over one million square feet of space went under offer in August, bringing the total amount of space currently under offer in the City to 2.8 million […]

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Office market in three key Scottish cities strong, new analysis reveals


The commercial office market in Scotland is proving to be strong with the three biggest cities seeing a number of record deals. Aberdeen has seen its biggest office deal in three years, Glasgow its highest quarter three take up in over 10 years and in Edinburgh investment levels are ahead of the long term 12 […]

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Number of rooms and fast broadband are top priorities for buyers


The number of bedrooms, a speedy internet connection and being close to a pub are among the top priorities British people look for in a new home, a new survey has found. Owners and renters said that a spacious living room is more important than a modern kitchen, while local shops are a bigger priority […]

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