May sees fall in properties selling over asking price
Recent research has revealed that May saw just 3% of properties sell for over the asking price.
New Presidents announced at Propertymark
New presidential teams have recently been welcomed by ARLA Propertymark and NAEA Propertymark.
Demand drops in run up to General Election
A recent report has indicated that April saw a fall in demand for housing, corresponding with uncertainty ahead of the general election.
March housing supply lowest since records began
A Housing Report for March has recently been issued by the NAEA Propertymark (National Association of Estate Agents).
Agreed house sales reach ten-year high
A Housing Report for February has recently been issued by the NAEA Propertymark (National Association of Estate Agents).
Building demand means 11 house hunters chase each property
The National Association of Estate Agents (NAEA) Propertymark has recently issued its January Housing Report.
Housing White Paper: Professional Opinion
Described as helping the “homeowners of tomorrow”, the recently released Housing White Paper outlines the government’s long-term plan to deal with the UK’s housing crisis.
December sales activity bucks seasonal trends
During the final month of 2016, sales for both first time and home buyers went against the usual seasonal trends according to NAEA research.
Starter home supply set to build
The Government have stated that thousands of first-time buyer homes will be built this year
Record number of properties sold at less than asking price
Both demand for properties, and supply of available stock fell in November, as well as the number of sales agreed
First time buyer sales highest on record
Recent figures show the level of sales to first time buyers (FTBs) was the highest since records began 16 years ago in 2000, according to the National Association of Estate Agents (NAEA) Housing Market report. 32% of all home sales were made to FTBs in October, a 9% growth from September. A high proportion of […]
Autumn Statement: the reaction
Following the Autumn Statement, industry experts have had their say on the proposed changes regarding the property industry.
Home buyer confidence bounces back to pre-Brexit levels
Property demand sees rise of 16% month-on-month, according to figures from the National Association of Estate Agents (NAEA) Housing Market Report for September 2016.
Supply of housing hits a six-month high
Supply of available housing rose to the highest level seen since March this year, according to the National Association of Estate Agents (NAEA) August Housing Market report Furthermore, the number of sales made to first time buyers (FTBs) increased by 3% and demand for housing fell marginally, in line with seasonal expectations. In a sign […]
Bricks equivalent to 5,800 Conwy Castles needed to fix UK housing crisis
The UK has a 1.4 billion brick deficit enough to build Conwy Castle 5,830 times over according to research compiled by the Centre for Economics and Business Research. The National Association for Estate Agents (NAEA) says that’s also equivalent to 740 Big Bens, 40 Tower Bridges, 3,090 Manchester Town Halls or all of the houses in […]
Number of house buyers falls by a third year on year
Demand for residential property is at the lowest level seen since November 2013, according to the NAEA July Housing Market Report.
New Housing and Justice Secretaries in Theresa May’s Cabinet
Gavin Barwell has been made housing minister, replacing Brandon Lewis. Barwell is now minister of state for housing and planning. As well as housing, the MP for Croydon Central is now also minister for London at the Department for Communities and Local Government, under new DCLG minister Sajid Javid. Brandon Lewis is now minister of […]
Estate agents report 11% increase in buyers pulling out of house sales over Brexit weekend
The number of buyers pulling out of transactions rose 11% on the last weekend of June compared to the last weekend of May according to haart estate agents. The increase is being put down to the aftermath of the UK’s vote in favour of leaving the European Union, compounded by the announcement that Prime Minister […]
Brexit vote likely to slow housing market
The vote on the UK’s membership of the EU is likely to slow the UK’s housing market as part of a wider slowdown according to experts. Housebuilders have been particularly hard hit with shares in the UK’s two biggest builders Barratt and Persimmon falling by a huge 21% and 24% by 11am. Eddie Goldsmith, Chairman […]
Government to consider outlawing gazumping
The point at which a house move becomes legal could be moved forward in England and Wales in an effort to stop 200,000 transactions from collapsing each year. The National Association of Estate Agents say they have been feeding in to the Department for Business Skills and Innovation over plans to improve England and Wales’s […]
