Nation’s homeowners sitting on £2.6 trillion in equity
Market analysis by leading mortgage broker, Henry Dannell , has revealed that the level of equity built up in the property market across England currently sits at over £2.6trn and that’s just those homes that are owned outright, with a 17% increase in this level of total homeownership over the last five years.
Eddie Hooker, CEO of the Hamilton Fraser Group, who operate industry schemes such as Total Landlord Insurance, the Property Redress Scheme and Client Money Protect says:
“Having waited three years for this White Paper, we had a good idea of what the rental reforms would look like, and I welcome the Government’s intention to improve the...
Property industry reacts to fifth consecutive rates increase
The Bank of England has made the decision to increase interest rates for the fifth consecutive time.
Michael Bruce, CEO and Founder of Boomin, says:
“A fifth consecutive interest rate increase will come as a real concern for many homebuyers. Having seen house prices spiral over the last two years, they are now...
Monday 20th June Rightmove House Price Index - Industry reaction The latest index shows that: -
Price of property coming to market hits a fifth consecutive record of £368,614, albeit only up by a modest 0.3% in the month (+£1,113), as the pace of price growth slows
Affordability constraints, a better balance between supply and demand, and usual seasonal price drops will
New London connection and exhibition venue - next event 30th June Property for sale with independent estate agents across the Southwest will be showcased to potential buyers at a new venue in Southeast London at the end of this month.
the Experts in Property , the network of more than 65 independent estate and letting agencies in Cornwall, Devon, Dorset, Somerset and Bristol, have partnered...
More women being flagged during AML compliance checks in property industry
Credas Technologies, the leading anti-money laundering checks provider, has revealed that the number of female homebuyers and sellers has surged in recent years, as they now account for over half of all AML market activity seen across the industry on an annual basis.
Hottest rental spots revealed as tenant demand returns Research by estate and lettings agent, Barrows and Forrester , has revealed that tenant demand has started to climb across the rental market, with West Yorkshire enjoying the largest uplift in demand at +10%.
The Barrows and Forrester Rental Demand Index monitors rental listings across the nation, taking an average demand score...
Most off-putting leasehold property features revealed?
Research by Warwick Estates has revealed just what aspects of a leasehold property purchase the nation’s homebuyers find the most potentially off-putting.
Warwick Estates asked 1,000 recent UK homebuyers to have purchased in the last six months - Which factors of leasehold homeownership would most deter them from buying a...
Local homebuilder, Barratt Developments Yorkshire West is supporting Assistant Quantity Surveyor, Thomas Murray as he travels across the pond to compete in this year’s Ball Hockey World Championship in Canada.
Dedicated to supporting the communities in which it builds, the homebuilder is also committed to championing its staff with Tom representing Great Britain in this year's...
Wynyard is set for investment of over £1.6 million thanks to a new housing development by Barratt Developments North East.
The highly anticipated new development, Highgrove at Wynyard Park will offer prospective buyers the choice of a new home within a prestigious estate from a collection by both Barratt Homes and David Wilson Homes, the leading brands from the 5-star housebuilder...
