SDL Property Partners signs up four to block management network

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SDL Property Partners has signed up four partners to its franchise network for block management. SDL has welcomed Ainsworth Lord Estates, Jezzards, Medway Premier Block Management and Peter Morgan. Ainsworth Lord Estates will be the first member of the SDL Property Partners network in the northwest. The estate agency featured on the Channel 5 documentary […]

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Rents grow anually despite monthly fall

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The average UK rent is now £953 after rising by 2.7% in the year to October 2019, HomeLet’s rental index has revealed. Five regions increased by over 3% – the North East (4.5%), North West (4.3%), Scotland (4.2%) and Yorkshire & Humberside (3.5%). On a monthly basis things are looking less rosy however, as rents […]

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Best time to sell a home is 1.51pm on a Wednesday

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The best time to sell a home is at 1.51pm on a sunny Wednesday, research by Privilege Insurance has found. The month of March is most common when it comes to selling up. Christian Mendes, head of Privilege Home Insurance, said: “Selling a home can be a very stressful ordeal, so it’s great to see […]

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Mortgage approvals drop year-on-year

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There were 65,922 residential mortgages approved in October 2019 on a seasonally adjusted basis, a decrease of 1.2% year-on-year, e.surv has revealed. The number of transactions were fairly flat compared to September 2019. Richard Sexton, director at e.surv, said: “Despite the wider property market continuing its recent slowdown, the mortgage industry has maintained steady levels […]

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Over-55s open to downsizing

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Over a third (36%) of over-55s are planning to downsize in retirement, a survey from Nationwide has revealed. More than half (56%) say this is because a smaller property would be easier for them to manage or get around in in old age. Jamie Turnbull, business director at Girlings Retirement Rentals, said: “This survey reflects […]

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New emoov COO hits back at Russell Quirk

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The chief operating officer of emoov has responded to ex-CEO Russell Quirk by arguing that online estate agencies haven’t realised their potential and will take market share from the traditional players. Last week ex-emoov boss Quirk argued on a podcast with Mark Worrall that the low-fee model “doesn’t work”. Meanwhile he predicted that Purplebricks will […]

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Strong demand for Cornwall holiday lets

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The Cornwall holiday lettings market is going strong, despite the buy-to-let market being dampened down by government measures and political uncertainty. Cornwall-based holiday lettings firm Beach Retreats has seen an 103% year-on-year increase in bookings for 2020 – which is significant for a business used to a 15-20% increase per year. Nicola Markham, joint regional […]

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Northern Ireland leads the way on house price growth

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Northern Ireland’s house price growth is currently outstripping other countries in the UK, Office for National Statistics figures show. Prices in Northern Ireland increased by 4% in the year to September, outstripping Wales (2.6%), Scotland (2.4%) and England (1%). Across the UK on average prices rose by 1.3% annually to £234,370, though they fell by […]

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‘Responsible landlords will desert the industry if Labour’s Right to Buy becomes law’

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By Mark Bailey (pictured), director, Landwood Group So, we may have a general election to navigate in the coming months – and one group who will be watching the opinion polls closer than most will be Britain’s 2.6 million landlords. Reason being that should the Labour Party emerge triumphant and Jeremy Corbyn walks into 10 […]

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Stirling landlords to receive dispute management training

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Landlords in Stirling in Scotland can receive free training into managing tenancy deposits and disputes. SafeDeposits Scotland, a tenancy deposit scheme, will hold the course at Hotel Colessio on Spittal Street, Stirling, on 27 November, from 10am to 1pm. Paula Guthrie, adjudication account manager at SafeDeposits Scotland, said: “As well as protecting tenancy deposits, SafeDeposits […]

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