Bellway sells 8.2% more homes
Housebuilders Bellway PLC have announced that for the year ended 31 July 2013 they sold 5,652 homes, up 8.2% from 5,226 in 2012. The average selling price for these also increased with a 3.4% increase taking the average price to £193,025. Bellway chairman, John Watson, said: "I am pleased to report, in my first year […]
London sees 12 buyers for every property
London has seen a 50% annual increase in the number of buyer registrations leaving almost 12 buyers for every new instruction. According to Sequences National Housing Index an imbalance of supply and demand continues to play a big part in the capital. New instructions rose just 17% annually — at less than a third of […]
Raft of proposals to save tenants
The government has revealed a package of proposals designed to target rogue landlords in a new drive to stop people being ripped off when they rent a flat or house. A new code of practice will be published setting standards for the management of property in the private rented sector, with a view to making […]
Which? focuses on customer satisfaction
Building societies fared well in the latest Which? report on the best and worst financial brands. The report looked at customer service with three building societies and two mutual making it into the top ten financial brands. These results mirror independent research commissioned by the BSA that showed that mutually owned providers tend to score […]
Gross mortgage lending holds steady
According to the latest figures from the Council of Mortgage Lenders gross mortgage lending held steady in September at £16.2 billion. Whilst this was only a minor change from £16.4 billion in August it was up 41% from September last year when the total was £11.5 billion. Mark Abrahams, director of West One Loans, said: […]
Over 10% of firms opt for unrated insurer
Insurance Age has reported that more than 10% of law firms opt to take out professional indemnity (PI) insurance with an unrated insurer. They cite research from law firm advisors O’Connors who found that 13% of nearly 500 firms surveyed opted for unrated insurers despite high-profile controversies involving insurers like Lemma, Balva and Beliner over […]
