Property news

Property Landlords Still Buying

The latest research from Benham and Reeves shows that despite the imminent rollout of Making Tax Digital and the Renters' Rights Act bringing new levels of compliance, regulation, and control over their properties, buy-to-let landlords are still buying up property assets at an increased rate, with the total buy-to-let mortgage value being lent increasing by more than 20% over the past year.

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

Northern powerhouse property market pulls ahead of the south

The more you head North the higher the house price growth, as the UK’s Northern cities continue to attract interest from investors and tenants, Ascend Properties analysis has found.

Collectively prices increased by a huge 9.8% in the North annually to January 2021, compared to 6.6% in the Midlands and 6.4% in the South.

While prices are on the up in the North, it’s still...

Tips to cut down working from home costs

17% INCREASE IN ENERGY SPEND DURING THE PANDEMIC AS THE NATION WORKS FROM HOME But Switching Energy Providers Could Offset the Jump in Bills

A combination of recurring lockdowns and the new ‘normal’ of working from home has led to a rise in average annual energy costs over the past year, as Brits spend more time at home. With working from home possibly becoming a permanent reality for many...

The Secret To Speeding Up The Selling and Buying Process

IT takes around 100 days to sell a property in Stoke or Telford, but sellers are being offered a lifeline that could speed up the process. The average selling time for homes in Stoke-on-Trent is 96 days, while in Telford it’s even longer at 110 days.

Time on the market statistics for unsold properties in both locations are even longer. But homeowners could find they’re able to...

New builds satisfying demand for detached homes

A significant proportion of new builds that changed hands in the past year were detached homes, reflecting how demand has shifted across the new build sector in the past 12 months.

The research, by new build snagging and defect management experts, BuildScan , found that 40% of new build transactions between March 2020 and February 2021 were for detached homes.

In comparison...

The national park property hotspots helping drive country living house price growth

Country homes are proving popular

Research by estate and lettings agent, Barrows and Forrester , has revealed that while just 17% of local authorities across England have seen property transactions exceed pre-Covid conditions, the top 10 biggest market revivals have been around national parks and areas of outstanding natural beauty.

Barrows and Forrester analysed property...

THE HILL GROUP DELIVERS RECORD REVENUES DURING COVID AND LAYS FOUNDATIONS FOR THE FUTURE

Leading housebuilder The Hill Group has posted a strong set of financial results for 2020 during what was the company’s most challenging year in its more than twenty year history. The UK’s third largest privately owned housebuilder posted a record turnover of £651m, up 12% on the previous year and profits of £44.3m. While the impacts of Covid-19 have tested every part of the business, Hill is...

Exeter's average rental value is 1.16% higher than the UK average

Exeter’s average rent is 1.16% higher than the UK average (excluding London). The lettings market is still at a high!

The RICS March survey, gauging the mood of agents, showed continued improvement in the lettings market.

Tenant demand has continued to increase, with a net balance of +36%. In contrast, landlord instructions continue to fall, with a net balance of -25%....

Elan Rescues Stalled Wrea Green Homes Site

ELAN Homes has stepped in to rescue a stalled housing development in the Fylde coast village of Wrea Green.

The independent housebuilder has acquired a part-built site to the west of Bryning Lane, Wrea Green.

Work on the scheme ceased when the previous developers, Hollinwood Homes, went into administration in October 2019.

Elan is set to re-start construction...

Beach hut house prices climb 41% as holidaymakers invest in staycation bricks and mortar

According to the latest research by Hoo , the hotel room offer platform, the price being paid for beach huts has surged by 41% in the last year, although continued lockdown restrictions have caused beach hut rental prices to fall by -4.1%.

Hoo analysed the beach hut property market looking at both the asking price of sale stock advertised, as well as the cost of renting a beach hut...

Top Tips to Get Your House Off the Market Fast

Google searches for “houses to sale” have shot up by over 200% in the last month, as a result of lockdown ending. This suggests people are now feeling more comfortable about putting their property on the market and exploring other options.

In a competitive London market, first impressions are vital. The initial impression it makes on a potential buyer or tenant can make all the...

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