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).
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.
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
Best in conveyancing recognised
Judged by a panel of property professionals, the Sunday Times Conveyancer of the Year Awards announced its winners for 2016. Chaired by the Property Ombudsman and with the support of the NAEA and NFOPP, conveyancers are considered using various methods including telephone interviews and mystery shopping assignments. The judges then come together and propose their […]
The BIG conveyancing quote question!
If there were only a way to generate more qualified leads that didn’t require precious hours away from billable work. How do you capitalise on all possible business development opportunities in this profoundly changing marketplace? The revolutionary PALI Smart Quote application does not replace existing business development channels and face-to-face contact; it has been designed […]
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.
NAEA brands Welsh Government’s decision to keep extra stamp duty ‘punitive’
The National Association of Estate Agents (NAEA) have blasted the Welsh Government’s retention of the 3% additional home Stamp Duty as a ‘punitive regime’.
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.
Bank of England cuts interest rates to 0.25%
The Bank of England has cut the base rate to 0.25%, the first time the rate has been changed in seven years. The previous rate of 0.5% was already a historic low. Many central banks across the world have already resorted to negative interest rates. MPC vote to cut #BankRate to 0.25% and for a […]
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 […]