Lettings
NAEA and ARLA to advertise for licensed agents
The National Association of Estate Agents and the Association of Residential Lettings Agents are launching TV advertising campaigns to promote the importance of choosing a licensed sales or lettings agent.
Sales values up an “astonishing” 17% in 2013 for D&G
2013 was "astonishing", says Douglas & Gordon's Chairman Michael Hodgson: sales values overshot forecasts by quite the margin, rising by 17% over the year, with transactions hitting their highest tally…
Capital’s capital growth doubles to 12.6% in 2013 – Cluttons
After capital value growth of +3% in 2013's final quarter, taking the annual rise to +12.6%, the average property in prime central London is now worth £1.
House prices to rise by 8% next year as new instructions “close to stagnating” – RICS
An "acute imbalance between burgeoning buyer demand and sluggish supply" will drive house prices up by 8% in 2014, according to the RICS, as new instructions to estate agents are "close to stagnating".
Aggressive expansion sees Countrywide buy two lettings businesses every month in 2013
This is buy-to-let on an industrial scale. Britain's biggest property services group, Countrywide plc, has acquired 28 lettings business throughout 2013, spending £23.
Prime London settles into the slow lane
UK house prices are now 6.5% up on the year, having risen by 0.6% in November. Prime central London, however, is getting comfortable in the (relatively) slow-lane, with prices rising by just 0.
“Anaemic supply” driving up house prices
Expectations for future house price growth hit a more than 14-year high in November, says the RICS in its latest sentiment survey, as the amount of homes coming onto the nation's market, once again, fell…
“Strong but not spectacular” 2014 on the cards for prime London – Marsh & Parsons
Marsh & Parsons is expecting London prices to "stabilise" next year, with annual growth of between 5-7%.
After recording a chunky 10.
“Moderation is back in vogue” in prime central London – Knight Frank
As reported last week, London's price growth is calming down a bit: PCL prices went up by just 0.2% in November, taking annual growth down to +6.9%.
Required Reading: The Immigration Bill and its implications for the UK property industry
Tijen Ahmet gives us a brief overview of the new legislation and explains what it could all mean for the lettings sector...
Sigma and Gatehouse to create one of UK’s biggest private rental portfolios
Everyone's been patting backs over a new deal that will create one of the UK's biggest private rental property portfolios using overseas investment, showing the strength and potential of the PRS just a…
Brief Encounters: Tips and tricks for successful short term renting
If your clients are in town for more than a few nights this festive season, short term rentals can be a godsend when you need to recommend a hassle-free base that feels like home (and show off your local…