Property news

Agents reveal biggest challenges when starting an estate agency business

The latest research by eXp UK , the platform for personal estate agents and estate agency businesses, has revealed that for estate agents who take the plunge and start their own business, maintaining motivation and momentum was the hardest obstacle to overcome, with the majority needing six months to a year before they felt their business was gaining traction.

The survey of UK estate agents*,...

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Private rental market worth £1.3trn in current market conditions

The latest research by nationwide Buy-to-Let specialist, Sequre Property Investment , has found that there is some £1.3trn worth of housing stock within the private rental sector.

Sequre’s analysis of stock rented either privately or via a job or a business found that despite declining from a high of 4,832,000 in 2016, there are still some 4,799,000 privately rented properties across...

Rental incomes climb by as much as 68% since the last financial downturn

Research from Build to Rent specialists, Ascend Properties , has revealed which areas of the English rental market have performed the strongest since the 2008/09 recession where the growth in average rental income is concerned.

Ascend analysed rental market values during the last property market crash and found that the average rent in England fell from £699 per month in 2008 to £678...

Moving in Summer: Top Tips for Peak Moving Season

You might be wondering; when really is the best time to move home?

Summer, in particular July and August , is in fact the height of the UK's moving season, with the majority of home moves happening during this period. With the weather at its best (if Brits are lucky!), the kids out of school, and an ample amount of properties on the market, moving and settling before the colder and...

Wimbledon property market still grand slam champion despite Covid decline in house prices

Wimbledon is back, albeit in restricted capacity, as Covid continues to hang over the UK like a rain cloud over centre court.

Research by leading London estate agent, Benham and Reeves , has revealed that Covid has also taken its toll on tennis grand slam house prices over the last year, although Wimbledon continues to ace the competition where current values are concerned.

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Estate agents earning up to 9.5% more per sale due to housing market boom

Research by the estate agent comparison site, GetAgent.co.uk, has found that despite the rate of commission charged by estate agents remaining largely unchanged over the last year, a house price boom has seen some earn as much as 9.5% more per sale.

GetAgent keeps a comprehensive record of the commission fees charged by estate agents across Britain and their latest data shows that...

House prices between US and UK namesakes differs drastically

Research from national estate agent, Keller Williams UK , has revealed how vastly house prices differ between US and UK towns and cities that share the same name.

There are a large number of town and city names that originated in the UK and went on to be reused in the renaming of some of the US locations colonised by early European immigrants. In the modern world, however, these...

Majority of homebuyers taking just two viewings and 30 minutes to find their perfect property

Research by next-generation guided virtual property viewings platform, U-See Homes , has revealed how homebuyers are snapping up properties within just two viewings, spending just 30 minutes to an hour before deciding to commit to a purchase.

The survey commissioned by U-See Homes analysed UK homebuyers to have purchased a property within the last six months and found that 39% of...

CASTLE GREEN BREAKS GROUND AT OMEGA SITE

BUILDING of 140 new homes has commenced at a site in Warrington, signalling the start of Castle Green Homes’ major push into Cheshire.

The homebuilder’s new Willow Fields development is part of the Omega site, in Warrington, the largest mixed-use development in the North West

Castle Green’s 12.1 acre site will deliver two, three and four-bedroom homes, including 19...

New build price premiums hit 106% in parts of Britain

The latest research from Warwick Estates has revealed which pockets of the new build market are currently achieving the largest house price premiums when compared to the existing market.

Warwick analysed the latest new build property prices and how they compare to the existing market across each area of Britain, with the research showing that nationally, new builds are selling for 29...

Homebuyers face 5.6 month wait to complete due to current market backlog

As the first phase of the stamp duty deadline approaches, homebuyers across the nation remain stuck in transaction limbo due to long delays at the back end of the selling timeline caused by heightened levels of buyer demand. Research by the estate agent comparison site, GetAgent.co.uk, has revealed just how long these current market delays are and how they differ across England and Wales....

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