property sales

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    Latest property news

    COVID has cost agents £38 million in lost commission so far

    Figure is based on latest research that shows 127,000 homes worth £27 billion are not been sold during the COVID-19 pandemic.

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  • Latest property news
    Latest property news

    First week back: sales and instructions boom, but nervous vendors drop prices

    Research by TwentyCI reveals a 'huge surge' in activity as stalled sales completed and new moves were initiated, but first indicators of a price correction are also highlighted.

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  • Latest property news
    Latest property news

    Land Registry relaxes rules to help property market continue

    Going live today, the changes are designed to allow property ownership transfers to continue, and remove the need for face-to-face verification of identity.

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  • Latest property newsestate agency
    Latest property news

    There’s hope yet! 40% of property sales agreed before Coronavirus are proceeding during lockdown

    Claim is made by Rightmove after it canvasses buyer and sellers during webinar event it held for members of the public.

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  • Features'Time To Focus' clock image
    Features

    Time to focus on success

    Designs On Property tracks and summarises the property indices. Kate Faulkner says, “With a slowing sales market and tenant fees to be banned next year, agents must look to see where they can maximise listings that they can actually sell or let.”

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  • Housing Market
    Housing Market

    Property sales down by nearly 30% in London, claims Land Registry

    Although prices are holding steady, property sales across the UK have dropped alarmingly over the past year, particularly in London, says the Land Registry.

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    Guest Blogs

    Six months to sell a house… really?

    Recent research says this is the average timescale, Neil Knight, Business Development Director, Spicerhaart Part Exchange and Assisted Move, hopes new Government targets for new build will help!

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  • Latest property news
    Latest property news

    Property sales remain flat during January, says HMRC

    Property sales in the UK during January increased by 1.3% month-on-month, hitting 102,610 transactions says HMRC, but down 0.1% year on year. These figures, which are seasonally adjusted to take account of the Christmas shutdown, are for all residential sales over £40,000. “Property transactions have remained stagnant for quite some time now,” says Richard Sexton, Director of e.surv (pictured, left). “Although our latest research showed one-fifth of mortgage approvals went to first-time buyers last month, if we are to see a real boost in numbers and overall market activity, we need to address our country’s limited housing supply which is acting as a roadblock.” Jeremy Duncombe, Director, Legal & General Mortgage Club, (pictured, right) says: “It is clear that a lack of housing supply across the UK continues to take its toll on the market. “Not only is it having an impact on potential borrowers who want to make their first move onto the property ladder, but it’s also limiting the options available to those who are looking to downsize in later life.” But HMRC’s detailed figures also reveal that, despite much commentary from agents about a difficult market in London and the South, overall UK transactions have been increasing each…

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  • Latest property news
    Latest property news

    Property sales rising across UK, helped by London

    Estate agency chain Your Move says the number of property sales during November increased by 4% year-on-year and that the average price in the UK is £300,859, an increase of 0.9% year-on-year. The company says London has seen some of the most dramatic increases in transactions. Within the two most expensive boroughs of the capital property sales have increased by 28% on average recently (Westminster, Camden) and by 23% within Kensington and Chelsea. “It seems momentum is returning to sales in prime central London,” the company says. Its monthly report on the housing market, which is produced by Cambridge University Economics Fellow Dr Stephen Satchell, also reveals an improving overall picture for the market – the first time the dials have begun to twitch upwards since the EU Referendum vote. The improvement in transaction levels and house prices is being driven by what it calls an “easing” of the problems within the London property market, which has helped drag the rest of the UK’s results downwards in recent months. New Year property sales Your Move,which is owned by corporate giant LSL, also says the company is positive about the New Year because the Chancellor’s recent Stamp Duty and Help to…

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    Guest Blogs

    The buying agent

    Buying agents are, says James Greenwood, a great go-between for buyers and estate agents, guiding the buyer, smoothing the path to completion.

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