Property news

New Data Centre Approved in Hayes: What It Means for the Local Property Market

Hayes, a town in West London once known primarily for its industrial heritage and Heathrow proximity, is experiencing a new wave of transformation. With Crossrail already reshaping its commuter appeal, the latest development is set to further elevate its profile—a large-scale data centre has officially been approved.

While data centres might not be the most glamorous headline grabbers, their...

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Keep up-to-date with the latest property news in the UK.

UK estate agency sale-revenues could drop by 27%

The estate agency industry’s key measure of forward performance is their ‘pipeline’ of booked sales as ‘SSTCs’ (sold subject to contact). The volume and resulting value of this pipeline determines the likely future banked revenue for an estate agency branch and is therefore a key metric.

Research by Nested , the modern estate agent, suggests that in the year to December 2022 the...

Property industry reacts as BofE increases interest rates

CEO of Alliance Fund, Iain Crawford, commented:

“The latest inflation figures suggest that the Bank of England’s aggressive tactics are starting to yield results, with the level of inflation falling marginally between October and November.

With this in mind, some may feel that a further festive hike ahead of the Christmas break is perhaps a tad Scrooge like. However, the...

Who owns the most valuable Christmas movie homes?

With the Christmas season upon us, estate and lettings agent, Barrows and Forrester , reveals that the most valuable home to feature in a popular Christmas film or TV show belongs to the glamorous Edina Monsoon, although even Del Boy is sitting on nearly half a million pounds worth of property.

Over the festive period, families and friends will be gathering around the gogglebox to...

Home repossessions on the decline despite rising mortgage costs

The latest market analysis from property purchasing specialist, House Buyer Bureau , reveals that since the Bank of England started raising interest rates at the end of 2021, the number of homes being repossessed by money lenders has significantly decreased, bucking the expected trend that more and more people would lose their homes as mortgage payments go up.

In December 2021, the...

Live mortgage free for a year in a new home near swansea

Reduce your household bills by almost £15,000 with a move to a new home near Swansea.

The savings can be achieved through a combination of an incentive equivalent to having your mortgage paid for a year, up to £12,000, plus the lower energy bills afforded by the energy efficiency of a new build house.

The deal is available on selected Edenstone Group homes at Parc Ceirw...

Octagon Developments have just one apartment remaining at Chapel View in East Molesey

Octagon Developments have just one apartment remaining at Chapel View in East Molesey, following exceptional demand since the launch, with homes being swiftly reserved off-plan. Now ready to move in and with some already in occupation, interest is sure to surge in the coming weeks as buyers look to secure the last remaining home.

Chapel View is an elegant Victorian-inspired building...

New showhome opens doors at development in Llantwit Fardre

House-hunters can now get to look inside a brand new showhome which has been unveiled at a new development in Llantwit Fardre.

Bellway Wales threw open the doors to a four-bedroom Bowyer house type at its Coed Derw development, off Llantrisant Road in the village, at the end of last month.

The developer is building a total of 95 homes at the site. There will be 87 two, three...

Credas Shortcuts Tenant Screening

Data from CIFAS, the fraud prevention database, states a marked increase in both identity fraud and false applications in the UK with increases of 34% and 45% respectively in the lettings sector over the last nine months.

Application fraud poses a significant risk to letting agents with previous research conducted by Credas identifying that rogue tenants cost £34,797 in lost rent,...

Local homebuilder reports significant contributions to Yorkshire communities in 2022

Barratt Developments Yorkshire, which includes the Barratt Homes and David Wilson Homes brands, has reported significant social, economic and environmental contributions to the Yorkshire communities in which it builds over the course of the last year.

In 2022, the homebuilder built 1,369 new homes across the region, supporting 3,223 jobs through its own business and that of its...

Can you deck the halls in rental property?

With the festive season in full swing, homes up and down the country are being decked out with twinkling lights, glistening tinsel, and eye-catching Christmas trees. But, while homeowners are free to decorate as they please, Ocasa warns that renters need to demonstrate some decoration caution as to avoid finding themselves in hot water with their landlords.

Read the tenancy agreement...

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