The lockdown period added 25.7 days to the amount of time a property stays on the market – delaying home sales by 20%, research from estate agent Get Agent shows. It took an average of 136 days to sell a home during March and June, compared to the same months last year. Colby Short, chief […]
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Michael Crow, founder & chief executive of Dunross Real Estate Corp, based in New York We know real estate to be a safe investment, but is this still true even during a pandemic? When our economy is put under immense pressure, we assume that every industry will flounder until things turn around. When we consider […]
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Home seller confidence is growing in America and the number of new homes on the market is recovering closer to levels seen last year, Zillow’s Weekly Market Report has revealed. Last week sales were up 16.5% from the same week last year, the biggest year-on-year jump since the middle of February. Home sellers that accepted […]
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Proptech start-up Skrap, which aims to deliver skip and construction hire related services on-demand by ordering via a mobile app, has raised £1.2m in seed funding to accelerate growth across major cities. The fundraise was led by Vanneck Investments, with participation from a host of entrepreneurs and angels investors. Skrap allows SME Builders to order […]
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The number of prospective tenants continued to rise in July, hitting the highest number on record, the ARLA Propertymark July Private Rented Sector (PRS) report has revealed. The average letting agent branch registered 97 new tenants, compared to 79 on average in June. This breaks the previous record of 88 in January 2020. Phil Keddie, […]
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Daniel Fallows (pictured), director at Gorilla Accounting The UK has officially entered its first recession in 11 years, which has caused a lot of people to hesitate over whether or not to take the leap. However, there are several signs that appear to indicate this is, indeed, a good time to become a landlord. We […]
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Fine & Country estate agent will open in West Wales on September 1st. The branch will be run by Nigel Salmon, an experienced property professional and business owner. Salmon (pictured) has built up his business, Girasol Homes, since 2006, which operates in Wales, Spain and Portugal. He will continue in both roles. Salmon said: “A […]
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Annual house price inflation has risen by over 1% in the Republic of Ireland despite the impact of Covid-19, analysis from leading property website MyHome.ie and Davy shows. Asking price inflation rose by 1.2% nationally compared with Q2 2019, by 0.3% in Dublin, and by 1.5% elsewhere around the country. The rise in quarterly asking […]
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Bexley (£1,169), Croydon £1,140), Sutton (£1,151), Havering (£1,169) and Hillingdon (£1,200) are the cheapest places to rent a property in London, while they all have a low proportion of people renting on the high street. Spotahome research looked at each London borough based on the high street population as a percentage of total population. For […]
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SimplyBiz Mortgages has added BTL lender Zephyr Homeloans to its panel, with immediate effect. Zephyr, which lends to both individuals and limited companies, now offers standard and specialist products to 75% LTV. Martin Reynolds, chief executive of SimplyBiz Mortgages, said: “I am delighted to welcome Zephyr Homeloans to the panel. Despite being a fairly new […]
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