It’s estimated that the UK now has around 800,000 available homes for sale or to rent at any given time and Place on the Market aims to make it easier for owners and estate agents to get together. “We believe the right relationship with your estate agent makes you happy,” says a spokesperson for Place on the Market. “And everyone needs a little happiness during moving home, one of the most stressful periods of your life.” Continue reading →
The Council of Mortgage Lenders estimates that gross mortgage lending reached £16.5 billion in December. This remained unchanged month-on-month compared to November but down 1% compared to December 2013.
This means the gross lending estimate for the fourth quarter of 2014 is £51.6 billion, down 8% on quarter three but up 1% on the fourth quarter of 2013. Overall, for 2014 the gross lending estimate is £205.6 billion, up 17% on 2013’s £176 billion gross lending figure. Continue reading →
Today, Monday 26th January 2015 sees the launch of controversial new property portal OnTheMarket.com
Founded by; Savills, Knight Frank, Strutt & Parker, Chestertons, Douglas & Gordon and Glentree Estates this new entrant is their attempt to break the duopoly currently held over estate agents by Zoopla & Rightmove. Continue reading →
Almost a million more people in England rent their home than they did five years ago, and new research shows that many of them are stuck in a cycle of short-term lets that leaves them unable to put down roots or plan for the future.
The National Housing Federation has found that private renters are now nine times more likely to have moved in the past year than homeowners, and reveals that more than one in four (28%) private renters feel that they can’t put down roots because they might have to move again soon – rising to almost one third (32%) among renters with children in the household. Continue reading →
Scotland’s urban Private Rented Sector shows little sign of levelling off according to the latest quarterly report from Citylets.
Figures to the end of December 2014 show that national rents have risen 7.9 per cent in the last year to stand at an average of £732 per month. This contrasts with just one per cent growth in the preceding year. Continue reading →