A Labour-commissioned report calls on the party to make radical change to the housing market if it wins power. The report proposes to replace the Council Tax with a “progressive property tax” that would see landlords forking the bill. One of the authors of the report, George Monbiot, stated that since 1995 land values have [...]
The Ministry for Housing, Communities and Local Government (MHCLG) has released a report on the recommendations of the Regulation of Property Agents Working Group (RoPA) proposing a new regulatory framework to cover estate agents across the UK and letting and managing agents in England only. The report comes as part of work to raise professional [...]
LOWEST MARCH ON RECORD FOR SUPPLY OF PROPERTIES AVAILABLE TO BUY Key Findings Demand for housing fell to a six-year low Sales to first-time buyers (FTBs) hit a seven-month high Supply of available properties Despite a month-on-month increase, housing supply hit the lowest level on record for the month of March An average of [...]
It’s being suggested that a recent tax tribunal verdict might just open the way to challenges to the three per cent stamp duty surcharge levied on additional homes. Commercial Trust mortgages has analysed a recent tribunal and the ruling coming from it. A couple purchased a derelict bungalow in Weston-super-Mare, which was at the time uninhabitable. [...]
FIRST-TIME BUYERS TAKE ADVANTAGE OF CAUTIOUS HOUSING MARKET Key Findings Demand for housing fell to a six-year low Sales to first-time buyers (FTBs) hit a seven-month high Demand for housing The number of house hunters registered per estate agent branch fell by 15 per cent in February, from 297 in January, to 252 This is [...]
BUSINESS AS USUAL FOR SELLERS, WHILE BUYERS PUT PLANS ON HOLD The latest Housing Report has found demand from prospective buyers fell from December to January - decreasing by a fifth year-on-year since January 2018. Supply of available properties was also down last month, falling 14 per cent from 42 in December to 36 per member branch [...]
HOUSING MARKET SLOWS AMID UNCERTAINTY Key Findings Demand from prospective buyers and supply of available properties both fell by 13 per cent in October The number of sales agreed per branch also dropped On the other hand, sales to first-time buyers (FTBs) increased Full Report Demand for housing The number of house hunters registered [...]
As reported in today's edition of Estate Agent today: As scary Halloweens go, yesterday was quite a shocker for Britain’s online estate agency sector - and not in a good way. During the day Purplebricks’ share price - which earlier this year was approaching an extraordinary 500p mark - sank another 3.6 per cent and [...]
We are delighted to announce that M & M have been awarded the Gold award for being the “Best overall branch in LU7 for 2018” based on our sales and lettings reviews on allagents.co.uk. Read our reviews on allAgents.co.uk and this site.
SALES TO FIRST-TIME BUYERS AT A THREE YEAR LOW First time buyer (FTB) sales were strong in June and July, standing at 29 and 30 per cent respectively, however, they fell in August with just 20 per cent of sales made to the group. This is the lowest figure recorded since August 2015 [...]
