Birmingham

  • Regional ReportsWest London property image
    Regional Reports

    Birmingham, South East London and West London

    Each month we visit three agents across the country to discover what is happening in their local market. This month we meet members of The Guild of Property Professionals in Birmingham, South East London and West London.

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  • Latest property newsBirmingham luxury waterside apartments image
    Latest property news

    St Joseph gets the green light in Birmingham

    Property firm St Joseph has been given the green light from Birmingham City Council to develop a luxury waterside apartment complex at the heart of the city’s historic Gun Quarter.

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  • Latest property newsSDL Bigwood auction room image
    Latest property news

    Phew! Property auction guide prices are not misleading, says advertising watchdog

    A complaint against leading auctioneer SDL Auctions by a member of the public to the Advertising Standards Authority (ASA) that its listed property auction guide prices were misleading has not been upheld. In an important judgement for the property auction industry, the ASA did not agree with the complainant, who had attended an SDL auction in Birmingham on the 6th July. The complaint in effect challenged the bedrock of the auctioneering industry – that houses often sell for much more than their guide price, and that guide prices are often changed during the run-up to auctions as vendors change their minds on their desire reserve price. £1 properties During the auction, at which several properties were offered with a guide price of £1, the complainant said many properties offered at the auction sold for significantly more than the guide price, and challenged whether the auction brochure’s guide prices were therefore misleading. After examining SDL Auctions’ catalogues for the auction and other paperwork, the ASA has concluded that because the company defined the difference between a guide price and a reserve price prominently in its catalogues, and because it routinely updates properties’ guide prices during the run-up to auctions to keep…

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  • Latest property news
    Latest property news

    A Question of Property: Liz Brown, MD of Connells, Midlands

    How big is your part of Connells? I look after 55 branches and approximately 140 staff in the Midlands for Connells including land, new homes, mortgages services, sales and lettings. Are online/hybrid agents making headway? They were during the first six months of the year when the market was more buoyant, and the instruction-to sale conversion rate was high up at the 80%. It’s then that we saw a considerable take-up among vendors for hybrid agents. But as the market has become tougher, so this has changed. Vendors are realising the hard way that in more difficult markets, you need a little more expertise and proactive support to achieve a sale. You’ve got to know your customer base much better and be able to be able to put chains together. We are picking up instructions from online agents, which fall into two categories. These are either failed online attempts to sell – people who’ve tried online and haven’t sold and who are then seriously annoyed when they have to pay twice. Then there are the people who do get an offer via a hybrid-type agency listing, but the sale goes nowhere, and they have to abandon the offer and start…

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  • Latest property news
    Latest property news

    20% of London rental properties now part of selective licensing

    Twenty percent of London’s privately rented homes are now covered by a local council selective licensing scheme, it has been revealed. Consultancy and services provider London Property Licensing says there are now 30 selective licensing schemes and that 200,000 of London’s million privately rented homes are now included within them. The latest London borough to join the fray is Hackney, which is currently consulting on introducing a licensing scheme across the whole borough for HMOs and a selective licensing scheme in three wards – Brownwood, Cazenove and Stoke Newington. Giving its reasons for bringing in selective licensing, the council says it has found shockingly poor conditions 20% of properties within these wards including leaking roofs, exposed writing and vermin infestations. “Our research has exposed that in some parts of our borough, tenants face appalling conditions that put their safety at risk despite paying an average of £1,820 a month in rent for a standard two-bedroom home,” says Councillor Sem Moema. “This is simply unacceptable. We believe that introducing these licensing measures will give us the powers we need to tackle landlords who exploit renters and make sure their homes are safe, secure and well-maintained.” As we reported in August, Hackney…

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  • Latest property newsMaguire Jackson image
    Latest property news

    Maguire Jackson brings online to Birmingham

    Maguire Jackson has launched an online residential sales service designed for Birmingham homeowners to combine the cost advantages of national online agents with the benefit of local market knowledge and offices.

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  • Housing Market
    Housing Market

    Regional round-up

    Each month we visit three agents across the country to discover what is happening in their businesses and local markets. This month we visit West Sussex, Birmingham and London.

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