London boroughs have seen property sales fall by a greater proportion than the rest of the UK since the European Union referendum in June 2016, a new analysis of figures suggests. However many areas in Wales, Northern Ireland, Scotland and the North of England are seeing more transactions than before the vote, according to the […]
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House prices are continuing to increase slowing in the UK but the residential property market is now at its most inconsistent for many years, according to a new piece of research. While the market’s performance is underpinned by slow growth across all regions, the report from Carter Jonas reveals polarising regional differences based on their […]
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First time buyers have been the driving force for housing sales in recent years and were the largest group of purchasers in 2018 with 36% of all sales, and are expected to remain so in 2019. A new analysis from Hometrack, which looks at the key drivers of first time buyer purchases and outlook, suggests […]
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The announcement of a £3.6 billion Towns Fund to support towns across England to build prosperous futures through innovative regeneration has been welcomed by the Guild of Property Professionals. Some 100 have been invited to develop proposals for a new generation of multi-million pound Town Deals, allowing communities, businesses and local leaders to join forces […]
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Some 56% of properties across the UK are in areas that are affordable for first time buyers with all of Blackpool, Lincoln and Kingston upon Hull 100% affordable, new research has found. The figures from the Post Office Money, based on analysis of Office for National Statistics (ONS) data, shows there are many affordable locations […]
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Residential property prices in the UK held steady in August, increasing by 0.3% to an average of 233,541, according to the data from the latest lender index. Year on year they were up by 1.8% and on a quarterly basis there was little change with a rise of 0.1%, the figures from the Halifax show. […]
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More countries and are seeing residential property price rises year on year than at any time in the last decade but the average rate of growth is slowing significantly, the latest global index shows. Although still in positive figures, the second quarter Global House Price Index from Knight Frank has seen a slowdown in annual […]
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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 […]
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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 […]
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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 […]
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