85,000 new homes need to be built in the West of England over the next 20 years to meet demand, significantly more than anticipated. The four councils – Bristol, North Somerset, Bath…
Read MoreStatic lending rates may fuel house prices
Residential property prices in the UK will almost certainly continue to rise next year after the Bank of England implied the first interest rate rise may not happen before 2017, according to…
Read MoreLack of homes for sale hits profits
Countrywide, Foxtons, Savills, Martin & Co and Belvoir were among the main property firms to see their share prices fall last week amid housing market fears. The residential property market in parts…
Read MoreSupply shortage leads to rise in rental prices
Private rents in the UK rose by the fastest rate in almost three years in September, as the severe housing shortage continued to place upward pressure on rental values across the UK.…
Read MoreNew measures to clamp down on rogue landlords
Fresh proposals designed to crackdown on rogue landlords who force susceptible tenants to reside in substandard, overcrowded properties, have been announced by the Housing Minister Brandon Lewis. The suggestions made by the…
Read MoreCash buyers account for one-third of property transactions
The number of people paying in cash for properties in England and Wales has increased, according to new analysis published by the Council of Mortgage Lenders (CML). The total volume of cash…
Read MoreOTM’s ‘one other portal’ rule stifling transactions
A well-respected figure in the estate agency sector has written an open letter in conjunction with his business partner to Ian Springett (left), CEO OnTheMarket (OTM), urging him to drop the portal’s…
Read MoreYOPA steps up efforts to ‘revolutionise’ the industry
YOPA (Your Online Property Agent), which hopes to revolutionise the estate agents industry in the same way Uber has caused commotion in the taxi sector, has launched its services in Greater Manchester,…
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