Increase in Property Listings and Sales
Renewed optimism from buyers and sellers saw a continued pick-up in sales activity across the UK housing market, according to the January 2020 RICS UK Residential Market Survey. Landlords thinking of buying or selling will be interested to note the number of sales agreed and amount of new homes being listed for sale has improved over the […]
Increase in build-to-rent homes
The number of newly completed build-to-rent homes across UK regions increased by 51 per cent in 2019, according to research commissioned by the British Property Federation. There are now 152,071 build-to-rent homes at varying stages of development in the UK, according to the report by Savills. At the end of the fourth quarter of 2018, the […]
House price growth reaches four per cent
House prices in December 2019 were four per cent higher than in the same month a year earlier, according to the Halifax House Price Index. On a monthly basis, house prices rose by 1.7 per cent and in the latest quarter (October to December) house prices were one per cent higher than in the preceding three months. […]
Faster planning is needed
The British Property Federation (BPF) has launched its Accelerated Planning Manifesto. The manifesto contains industry perspectives on the practical ways in which the existing planning system can be made more efficient, as well as focusing on specific areas of the system that deserve greater attention from central government. These reforms aim to help to create […]
Buy-to-let mortgages remain steady
Buy-to-let borrowing remains stable despite a slowdown in the overall mortgage market, according to data released by Paragon. According to the company’s latest Financial Adviser Confidence Tracking (FACT) Index, based on interviews with 201 mortgage intermediaries, there was a slowdown in overall mortgage business in the last quarter, despite stability in the buy-to-let market. The […]
A double win for Norwich
Goldsmith Street in Norwich has won the 2019 RIBA Stirling Prize and the inaugural Neave Brown Award for Housing. Awarded by the Royal Institute of British Architects (RIBA) the annual Stirling Prize is given to the UK’s best new building, while the Neave Brown Award recognises the best new example of affordable housing in the UK. […]
Tenant demand is growing
The proportion of landlords who believe tenant demand is growing or booming has increased to the highest level in almost a year, according to Paragon. Research revealed by the banking group’s PRS Trends Report for Q3 2019 shows 29 per cent of landlords now think more people are looking for rental homes. According to the report, this reverses […]
Some resilience in housing market
House prices inched ahead in August, with average UK home now reaching £233,541, according to the latest research from the Halifax. According to the company’s house price index, average prices rose by 0.3 per cent month-on-month, taking the annual rate of house price inflation to 1.8 per cent. It was the second month of rising prices […]
Norfolk residents have top experiences close by
Those living in this county have some of the UK’s best experiences and hidden gems right on their doorstep, according to the Lonely Planet travel guide. Walking on Holkham Beach, seal-watching in Blakeney and tucking into fresh crabs in Cromer rank among the best 500 things to do in the country. The new Lonely Planet’s Ultimate United Kingdom Travelist ranks the top 500 […]
More women needed in construction
Flexible working options are key in making construction a more attractive and progressive career choice for female talent, a new survey has shown. A recent Royal Institute of Chartered Surveyors (RICS) poll has revealed the top recommendations industry professionals believe will help employers encourage more female talent into the property sector. Women make up around just 14 […]