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A new housing minister is set to be appointed after Dominic Raab was made Brexit Secretary earlier today . Raab was previously housing minister and replaces Davis, who resigned late on Sunday night saying he could no longer support the government’s Brexit policy announced at Chequers last week. Raab’s successor will be the eighth person to take on the […]
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The latest figures have revealed that house prices in quarter 2 of this year were 1.8% higher than those recorded for the same period last year. This is according to the most recent house price index from the Halifax, with the uplift in June slightly lower than May’s growth of 1.8%. UK house prices have risen […]
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Hundreds of estate agents have gone out of business in the UK in the last year and 7,000 are showing signs of financial distress as they face fewer sales and online competition, a new study has found. Accountancy firm Moore Stephens – suggests that 27% of agents are struggling to survive. One of the main […]
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As you may have read in previous articles London house prices have remained at a plateau. House price growth is now at a nine-year low. however, up north in our very own city of of Manchester, there is still time to invest in its growing housing market. Hometrack have produced a New UK Cities House […]
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The Government have announced plans to introduce a minimum tenancy term of three years. This is a government proposal to give people renting homes in England more security. Figures show 80% of tenants currently have contracts of six or 12 months and ministers say longer agreements would allow them to put down more roots. Under […]
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Three new guides designed to help landlords and tenants who work or live in private rented housing have been published today (26/06/18). Released by the Government, the guides contain both new and updated information or letting, renting and leaseholds, and form part of the new ‘how to’ series, designed to provide both landlords and tenants […]
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UK house price growth has slowed to a five-year low, according to the latest research from Nationwide. The annual rate at which property prices are rising eased to 2% in June, the lowest level since June 2013. According to the figures from Nationwide, June saw prices dip by 0.4% compared to the previous month. In […]
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Shares in Countrywide were down 8.3% at 81.557 pence each at Thursday midday, having hit as low as 67.70p earlier in the session. Countrywide shares have fallen nearly 90% since hitting its all-time high of 701.00p in March 2014. This comes after a surprise statement declaring it was cutting its expected income forecast this year. In […]
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Many people in the UK have decided that the would rather have the flexibility of renting a home than being tied to owning a property Approximately, of the estimated 17 million renters in the UK, 70% or 12 million adults, have no plans to purchase a property, according to the study from landlord insurer Direct […]
Read moreDue to Government intervention and economic uncertainty, the growth of the private rented sector in the UK has slowed down. However, affordability issues for first time buyers is expected to expand over the long term. Tax and regulatory changes have had to me made by landlords and as a result, the number private rentals has […]
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