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Southampton as well as Basingstoke & Deane are both expected to see a 37% increase in second homeowners in 2020 and 2021, Swinton Insurance has predicted. Other strong areas are expected to be Brentwood (35%), Newcastle-under-Lyme (27%) and Warwick (25%). Between 2010 and 2018 Croydon in London has seen the biggest increase (6,529%) in second […]
The post Southampton and Basingstoke to see rapid second home growth in next two years appeared first on PropertyWire.
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Organisations from across the property and construction sectors are campaigning for the next UK government to cut VAT on maintenance and improvement works to people’s homes. The groups said reducing VAT from 20% to 5% on home improvement works would unleash investment in housing, stimulate the economy and enable the UK’s transition to net zero […]
The post Housing coalition urges for VAT cut to encourage green home improvements appeared first on PropertyWire.
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Bridging lender West One Loans said troubled peer-to-peer lenders have caused ripples throughout the specialist lending sector. Lendy and FundingSecure are high-profile examples of lenders going into administration. West One said they should act as a warning to specialist lenders who take too much risk when chasing market share. Danny Waters, chief executive of Enra […]
The post West One: Peer-to-peer troubles have rippled through the sector appeared first on PropertyWire.
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Flatfair, a company allowing tenants to move without a deposit, has hired Mal McCallion as director of partnerships from Growtion and Simon Scott as director of corporate clients from Savills. McCallion will be responsible for the firm’s business development and account management functions, while Scott will work on building a better product for letting agents. […]
The post Flatfair hires ex-Savills and Zoopla executives appeared first on PropertyWire.
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Kent Reliance for Intermediaries, part of OneSavings Bank, secured funding in excess of £8m for an investor selling new build flats in central London. The lender was approached by Fitch & Fitch on behalf of a client seeking refinance of nine new build flats in central London with a view to selling off plan to […]
The post Kent Reliance lends £8m of complex case funding appeared first on PropertyWire.
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The Conservative Party manifesto is a combination of more of the same and new ideas, some of which haven’t been fleshed out enough. The headline-grabber has been the creation of ‘long-term fixed rate mortgages’, where buyers (presumably owner-occupiers) will need a 5% deposit and the rate will stay the same over the term. This is […]
The post The Conservative manifesto – more of the same? appeared first on PropertyWire.
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The Conservative Party manifesto is a combination of more of the same and new ideas, some of which haven’t been fleshed out enough. The headline-grabber has been the creation of ‘long-term fixed rate mortgages’, where buyers (presumably owner-occupiers) will need a 5% deposit and the rate will stay the same over the term. This is […]
The post The Conservative manifesto – more of the same? appeared first on PropertyWire.
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Zoopla is urging agents to prepare for the annual influx of home hunters from Boxing Day. The portal expects a 60% month-on-month increase in visitors and an 80% boost in applicant and valuation leads throughout the festive period and into January. Andy Marshall, Zoopla chief commercial officer, said: “Much like the perfect Christmas lunch, having […]
The post Zoopla urges agents to prepare for Boxing Day rush appeared first on PropertyWire.
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The Intermediary Mortgage Lenders Association has elected Louisa Sedgwick, director of sales at Vida Homeloans, as Committee chair. Sedgwick will be joined by elected members including Jeremy Duncombe (Accord Mortgages), who takes on the role of deputy chair, as well as Adrian Moloney (One Savings Bank), Kevin Purvey (Coventry Building Society) and Phil Rickards (BM […]
The post IMLA elects Louisa Sedgwick as chair appeared first on PropertyWire.
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Sheffield’s historic city centre Turkish baths building dating back to 1877 – featuring what is believed to be the oldest Turkish suite in the country – is up for sale. Offers are invited above £695,000 for the SPA 1877 Victorian building on Victoria Street. Mohammed Mahroof, consultant chartered surveyor for Mark Jenkinson and Son, said: […]
The post Sheffield’s historic Turkish baths building up for sale appeared first on PropertyWire.
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