Property news

Keep up-to-date with the latest property news in the UK.

Nation’s homeowners sitting on £2.6 trillion in equity

Nation’s homeowners sitting on £2.6 trillion in equity

Nation’s homeowners sitting on £2.6 trillion in equity

Market analysis by leading mortgage broker, Henry Dannell , has revealed that the level of equity built up in the property market across England currently sits at over £2.6trn and that’s just those homes that are owned outright, with a 17% increase in this level of total homeownership over the last five years.

Henry...

Rental sector reaction to Gov reform white paper

Rental sector reaction to Gov reform white paper

Rental sector reaction to Gov reform white paper

Eddie Hooker, CEO of the Hamilton Fraser Group, who operate industry schemes such as Total Landlord Insurance, the Property Redress Scheme and Client Money Protect says:

“Having waited three years for this White Paper, we had a good idea of what the rental reforms would look like, and I welcome the Government’s intention to improve the...

Pictured: Penistone St John’s Primary School Were Tasked With Producing Site Names For The 5 Star Homebuilder

Local Pupils Name Two Brand New Developments In Penistone

Local homebuilder, Barratt Developments Yorkshire West has enlisted the help of a local primary school in Penistone to name two brand new developments in the town.

Penistone St John’s Primary School were tasked with producing site names for the 5 star homebuilder, which includes the Barratt Homes and David Wilson Homes brands, to feature at two new developments in Penistone....

Renting

Private rental sector to increase by 6% by 2025

Private rental sector to increase by 6% by 2025, with 308,000 more rental homes

Research by specialist property lending experts, Octane Capital , estimates that the UK rental market could grow by a further 6.5% by 2025, bringing the total number of privately rented dwellings to just shy of 5.8m.

Octane Capital analysed PRS stock levels across each region of Britain since 2005,...

EUROPA CAPITAL AND ADDINGTON CAPITAL SELL LANCELOT PORTFOLIO FOR £10.6 MILLION

Europa Capital, the pan-European real estate investment manager together with joint venture partner Addington Capital have sold the Lancelot portfolio, a portfolio of 29 residential properties let on statutory tenancies and located predominantly in London and the South East, to Mountview Estates Plc for £10.6 million.

The properties comprise 17 houses and 12 flats all leased on...

vacant property waste clearance

Missing a trick! Could vacant property clearance help bring properties back into use

In 1995, the average house in the UK cost £104,000 - that’s adjusted for inflation, so the price-tag was lower. Twenty-five years later, the figure was £240,000[i]. The government responded with targets for housebuilding, with the rationale being that more housing supply should keep down prices. But, are we not missing something?

The UK has 238,000 homes that have been empty for six...

5 star homebuilder launches brand new Darfield development

Construction is now underway at 5 star homebuilder Barratt Homes Yorkshire West’s newest development Netherwood, which has launched in Darfield, Barnsley.

Netherwood will offer a stunning selection of three and four bedroom homes situated in the desired village of Darfield, close to Barnsley town centre.

Barratt Homes has invested over £177,000 into the local community as...

Property industry reacts to fifth consecutive rates increase

Property industry reacts to fifth consecutive rates increase

Property industry reacts to fifth consecutive rates increase

The Bank of England has made the decision to increase interest rates for the fifth consecutive time.

Michael Bruce, CEO and Founder of Boomin, says:

“A fifth consecutive interest rate increase will come as a real concern for many homebuyers. Having seen house prices spiral over the last two years, they are now...

Useful Vision Staff Accepting A Donation From Barratt Developments North East (L-R: Ciara Fisher, Activity Coordinator; Rebecca Wilson, Founder & Trustee; Sophie Westlake, Team Leader)

North East charity for visually impaired children receives £1,000 from Barratt Developments North East

A North East charity in Newcastle has received a £1,000 donation from a leading housebuilder to continue supporting children across the region who have lost their sight.

Building new communities across Tyne and Wear, Teesside and Northumberland, Barratt Developments North East has identified Useful Vision as this month’s worthy recipient of its Community Fund, an initiative that sees...

Local housebuilder supports York-based student with a donation of over £120k to UK charity, Whizz-Kidz

Local housebuilder, Barratt Developments Yorkshire East, has donated £126,000 to the UK’s leading charity for young wheelchair users, Whizz-Kidz, which has specifically funded wheelchairs and mobility equipment.

The donation will continue to make an incredible difference to young wheelchair users across the local region, including to that of Caitlin, who lives near to Barratt...

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