Ben Beadle is to be the chief executive of the new National Residential Landlords Association in the UK. The organisation is formed from the merger of the National Landlords Association and the Residential Landlords Association and it will launch in January 2020. Beadle will join in November. Beadle is currently director of operations at Touchstone, […]
The post New landlord group chief executive announced appeared first on PropertyWire.
New home building in Scotland has increased by 15% in the last 12 months, a rise of 3,000 new properties compared with the previous year, official figures show. However, Housing Minister Kevin Stewart has warned that a No Deal Brexit could have a damaging effect on future growth. It is the sixth consecutive annual increase […]
The post New home building up 15% year on year in Scotland appeared first on PropertyWire.
A prolonged period of low rates and stagnant house price growth has helped boost the number of mortgages approved to buyers with small deposits, typically those buying their first home, the latest mortgage trend report shows. There were 66,059 residential mortgages approved during August 2019, down 1.9% month on month but marginally up compared to […]
The post Low rates and stagnant prices are boosting mortgage approvals appeared first on PropertyWire.
Residential property sales in August remained broadly stable year on year, with just a 0.9% drop from 2018, the latest official figures show, a significant 15.8% rise month on month. The data from HMRC also shows that overall there were 99,890 residential transactions and 11,300 non-residential transaction. Non-residential sales were up 8.7% compared with August […]
The post Residential property sales broadly stable appeared first on PropertyWire.
Landlords are typically spending £12,000 refurbishing and this level of investment is improving the quality of homes in the private rented sector, new research has found. It means that the proportion of non-decent homes has fallen from 44% to 24.5% in the last decade with 70% of landlords who have refurbished property doing so to […]
The post Landlords spend £12,000 per refurbishment, new study shows appeared first on PropertyWire.
With the Labour Party conference dominated by infighting and Brexit, the current Government bogged down with similar issues, it is time to celebrate the good news. Despite all the upheaval, the nation’s property market is proving to be remarkably resilient. It is all too easy to be consumed by doom and gloom but it is […]
The post Let’s celebrate what we have in our housing market appeared first on PropertyWire.
A severe shortage of homes is forcing 130,000 families in England to squeeze into one bedroom flats, according to a new report. The research from the National Housing Federation, which represents housing associations in England, not-for-profit landlords to more than six million people, reveals that more than one in ten children in England are living […]
The post Research reveals lack of social rented homes in England appeared first on PropertyWire.
The majority of the tenants in the UK’s private rented don’t want to buy a home, with only 42% of private tenants interested in getting on the ladder in the near future, according to new research. The study from buy to let lender Landbay delves into the psyche of 2,000 private renters in the UK, […]
The post Most tenants don’t want to buy a home in the near future, study suggests appeared first on PropertyWire.
Equity release customers in the UK saw unprecedented levels of product choice and flexibility in the first six months of 2019 as a total of £1.85 billion in housing wealth was unlocked in the first half of the year, according to the latest industry report. In a sign that the industry continues to respond to […]
The post Product choice in equity release market increases appeared first on PropertyWire.
Fraudulent applications on mortgages have increased by 5% in the first half of 2019 with research showing that 13% of British adults believe it is ‘reasonable’ to exaggerate income on a mortgage application. The study from Cifas, the UK’s leading fraud prevention service, also shows that there has been a 16% rise in those aged […]
The post Research reveals rise in mortgage fraud in the UK appeared first on PropertyWire.