Architects are a bit more positive about future resi workloads, but Brexit fears remain
RIBA’s latest Future Trends survey tells us that architects’ workloads ‘remain steady for most, but Brexit uncertainty remains a threat’
Opinions sought on new money-laundering rules for high-end letting agents
The EU’s Fifth Money Laundering Directive is slated to come into play in January, requiring UK letting agents dealing in rents above €10k per month to carry out AML checks on their clients. A Government consultation has been launched to assess what impact this might have on the industry
Property prices fall in the South East for the first time since 2011
The average property price in London was 3.8% lower in February this year compared to the same month last year, according to the latest official UK HPI, and 1.8% lower in the South East.
Signed & Sealed: Why the humble ‘For Sale’ board could be the answer for weary vendors
The incredible commercial potency of the simple ‘For Sale’ or ‘To Let’ board is underestimated by the consumer, and sadly, even by some estate agents, says Trevor Abrahmsohn; vendors and agents looking for leads in a turgid market should embrace the simple solution staring them in the face…
Belgravia’s lettings market builds up steam
Rental deal volumes in the exclusive PCL enclave have been down of late, but viewing levels and new applicants are up by a third or more…
£1m+ deals rocket despite a ‘lacklustre’ wider market
Twenty Ci reports a 66% year-on-year jump in £5m+ property transactions, while the overall number of new instructions has dwindled and property prices have fallen in most regions
‘Moving beyond a 7% market share appears to be a major challenge for the online agents’
The latest from Twenty Ci indicates that online estate agencies are still accounting for around 7% of residential property exchanges in the UK, with a focus on lower-value segments
Church of England plans 9,000 new homes on excess land
The church ‘has something unique to contribute to the housing crisis’, says the Archbishop of Canterbury, Justin Welby
What do UK homebuyers most regret compromising on?
Which? survey quizzed 1,200 homebuyers on the concessions they made when choosing a property – and those they later came to rue…
London’s buy-to-let investors ditch the capital as tax hike bites
2016’s stamp duty surcharge has had a noticeable effect on the behaviour of landlords based in London, suggests Hamptons, with increasing numbers now looking further afield in search of lower entry costs and higher yields
‘Resurgent’ Salisbury named ‘the best place to live in Britain’ in 2019
Novichok-hit Wiltshire market town tops The Sunday Times annual list of nice places
Asking prices tickle up in April – but property market activity is still lower than a year ago
‘We are not anticipating an activity surge,’ says Rightmove as Brexit is delayed, ‘but maybe a wave of relief that releases some pent-up demand to take advantage of static property prices and cheap fixed-rate mortgages’