House price rises could be a real problem for first-time buyers who are also likely to face increases in mortgage rates. The warning has come after Halifax said house prices rose 0.8% last month, and by 4% annually, to stand at £225,109. Hali... read more »
Britain has a shortage of affordable homes to rent with rent paid by tenants more than double the total mortgage interest being paid by home owners for the first time ever. Rising numbers of renters are therefore unable to access home ownership and ... read more »
Rightmove boss Peter Brooks-Johnson has cashed in 62,336 shares in the firm, netting over £2.5m. He exercised rights to acquire deferred shares acquired at no cost in March 2015 in respect of his 2014 bonus, plus performance shares awarded in ... read more »
The private rental sector in the UK has seen rapid energy efficiency improvements in recent years, but one in 20 properties still fail minimum standards, new research has found. While the number of the worst rated properties has halved and significa... read more »
Theresa May has vowed to “get Government back in the business of building houses” after making an additional £2bn available to build affordable housing. Speaking at the Conservative Party Conference, the Prime Minister said council... read more »
Online agents’ share of the market has gone up 19% year on year – but still represents just under 5.5% of the market overall. The finding is in a new report, out today, which says that the growth in online market share is testament to th... read more »
Agents are being warned to contact everyone on their databases now and prepare for the introduction of the General Database Protection Regulations in May next year. They are also being told that the potential implications for their businesses of lea... read more »
The Government is being urged to consider the “fiscal damage” of any further residential tax increases after analysis of the record Stamp Duty intake shows the impact on London transactions. Property investment firm London Central Portfo... read more »
An insurer is warning landlords to get ready for new licensing and room size laws regarding houses in multiple occupation (HMOs), despite the fact the proposals have yet to be finalised. Simple Landlords Insurance has issued a poll claiming that 40%... read more »
Some 134,558 properties have been bought in England with the Government’s Help to Buy equity loan scheme since it was introduced in April 2013, most sold to first time buyers, the latest official figures show. The total value of these equity l... read more »
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