House prices are set to hold steady for the remainder of 2020 despite the onset of recession and rising unemployment, according to the latest House Price Index by Zoopla. Despite the current recession, Zoopla claims that Government support for the economy and labour market together with support for mortgage holders, has reduced the number of […]
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NAEA Propertymark agreed 13 sales per branch in July, the highest figure recorded since June 2007, the estate agent’s July Housing Report has found. This marks a 44% increase from the nine sales recorded per branch in July last year. Mark Hayward, chief executive, NAEA Propertymark, said: “It’s positive to see the market continuing to […]
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New-build house prices in the East of England have surged by 34% to £373,829 in the past five years, research by property developer StripeHomes has revealed. The East Midlands and West Midlands also saw the price of new-builds rise by 33% and 31% respectively – highlighting how the asset class has performed well despite talk […]
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The cost of a City of Toronto condominium is equal to 22 years worth of rent – leading to real estate listing services Zoocasa suggesting it’s better to rent than buy in some areas. The typical cost of a condo is CA$661,458, compared to an average monthly lease rate of CA$2,501. Across 35 neighbourhoods, the […]
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Modern ventilation systems found in most offices could heighten the spread of coronavirus this winter, East of England property and construction consultancy Ingleton Wood has warned. The company is encouraging office managers to review their ventilation setups and “consider all necessary action” to ensure staff safety amid the Covid-19 pandemic. Most offices in town centres […]
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Sarah Coles is personal finance analyst at Hargreaves Lansdown The mortgage holiday season is drawing to a close. If you’ve taken advantage of one or more mortgage holidays, and your circumstances aren’t set to change any time soon, the 31 October deadline will have been looming large. Today’s announcement doesn’t provide any straightforward answers – […]
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US mortgage applications saw a weekly decrease of 6.5% on the week ending 21 August 2020, according to the latest Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey. The Market Composite Index, which is a measure of mortgage loan application volume, decreased 6.5% on a seasonally adjusted basis from one week earlier. On an unadjusted […]
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The UK conveyancing market saw a recovery in May and June following a precipitous fall at the start of Q2 2020 as the property market was impacted by the COVID-19 pandemic, according to the latest Conveyancing Market Tracker by Search Acumen. The property data insight and technology provider’s tracker showed that just 82,385 completed transactions […]
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Property developer Capital Land Property Group has secured planning permission from Swindon Borough Council for Great Stall East, part of the New Eastern Villages (NEV) development in the eastern side of the town. Founded in 2014 by Swindon developer Jeremy Francis, Capital Land will deliver a minimum of 1,550 homes along with a primary and […]
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Moda Living, developer, operator and owner of private build-to-rent (BTR) homes, has partnered with technology provider Utopi, to build a complete digital infrastructure, and optimise smart building technology across its development portfolio. Utopi’s IoT multi-sensor will be installed throughout Moda’s residential communities and will measure humidity, temperature, CO2, light, noise, motion and occupancy, creating a wellness score. The sensors will […]
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