Scottish property market reaches 7 year high

Latest figures released by ESPC reveal that across Edinburgh, the Lothians and Fife, housing market activity has reached its highest level since 2007.

Between August and October the leading property marketing company in East Central Scotland observed a 13% rise in the number of homes sold. Seller activity also improved with the number of homes coming onto the market increasing by just over 10% annually. Continue reading

Support for move to issue accelerated possession claims online

The Government has launched a new service which enables landlords to start the process of evicting tenants using the Section 21 accelerated possession procedure by filling out an online form.

This was an idea which was first put forward by leading tenant eviction firm Landlord Action, as part of its role on a Government Think Tank to help speed up evictions. It is the first step towards making the service completely digital in the future. Continue reading

House price growth continues to slow

House price momentum in the UK continued to slow and new buyer demand tailed off in October, according to the latest RICS Residential Market Survey.

Nationally, new buyer demand slipped for the fourth consecutive month with London bearing the brunt of the decline, as 62% more surveyors reported a fall in new buyer demand across the capital. Meanwhile across the rest of the UK dipped to a net balance of -18%. Continue reading

Majority of tenants unmoved by Labour’s housing plans

Tenants in the UK have still to be convinced by the housing policies of the UK’s political parties, according to the latest research from the leading landlord association.

With just six months to go before next year’s General Election, six in ten (62pc) tenants say they are unsure whether any of the political parties will be able to tackle the UK’s housing crisis. Continue reading

New study shows public backing for more social housing

As the country’s housing shortage grows, the majority of British people would support more council and housing association homes being built in their local area, new research reveals.

Currently only half the number of homes needed to keep up with demand are being built every year and there is already a backlog of undersupply. As the shortage of affordable homes grows, the new research suggests that there is public support for building the homes that are needed. Continue reading