General

Image for Grant Property Achieve Investors in Young People Gold Accreditation

Grant Property Achieve Investors in Young People Gold Accreditation

Grant Property has achieved the prestigious Investors in Young People Gold accreditation, the only people management standard that focuses on an employer’s recruitment and retention of young people. This represents a true commitment to the training and development of young people and demonstrates Grant Property as an employer of choice for ...

Image for Why are tenants not signing inventories?

Why are tenants not signing inventories?

The Association of Independent Inventory Clerks has raised its concern at the apparent lack of tenants signing inventories, drawing attention to an alarming statistic recently published by money.co.uk which suggests that 79% of student tenants do not sign an inventory when they move in. What's more, some 40% of the 1,000 ...

Image for Property rentals to outstrip sales for first time since 1930s

Property rentals to outstrip sales for first time since 1930s

The property rental market is booming at the expense of the sales market, making it look as if house-buying will be outstripped for the first time in eight decades next year, as home-buyers face a continued struggle to find properties they can afford. Activity in the sales market has cooled ...

Image for UK faces shortfall of 1.8m rental homes, warns housing body

UK faces shortfall of 1.8m rental homes, warns housing body

The UK is facing a shortfall of 1.8m rental properties unless the government acts fast to slow a sharp drop in the number of available homes, according to a leading housing industry body. The Royal Institution of Chartered Surveyors (Rics) called on the government to drop reverse stamp duty changes on ...

Image for UK interest rates cut to 0.25%

UK interest rates cut to 0.25%

UK interest rates have been cut from 0.5% to 0.25% - a record low and the first cut since 2009. The Bank of England has also signalled that rates could go lower if the economy worsens. The Bank announced additional measures to stimulate the UK economy, including a £100bn scheme to force ...

Image for Increased demand in UK property from overseas post-Brexit

Increased demand in UK property from overseas post-Brexit

Chinese investors are increasingly looking to buy British property, taking advantage of the low sterling after Brexit. Juwai, China’s biggest international property portal, said the number of Chinese buyer inquiries into UK property  in the month after Britain voted to leave the European Union was 40pc higher than average. Bernie Morris, head ...

Image for Scottish Rents Rise Fastest In The UK

Scottish Rents Rise Fastest In The UK

Latest figures show average rent outside London rose to £764 a month, while within the capital it hit £1,543. The average cost of renting a property outside London rose by 5.1% in the 12 months to April, while tenants in the capital faced a 7.7% increase, according to the latest figures ...

Image for Breaking News …. Annual House Price Growth up 10.1%

Breaking News …. Annual House Price Growth up 10.1%

PROPERTY prices have soared by an average of more than £20,000 in a year to reach a new record high, according to Britain’s biggest mortgage lender. The market has returned to double-digit growth for the first time in almost two years, says the Halifax house price index. Buyers competing on price as ...

Image for Economists’ forecasts: Policies will not stop house price rises

Economists’ forecasts: Policies will not stop house price rises

FINANCIAL TIMES (2016) Government initiatives to support home ownership and build new houses will fail to have any real impact in 2016, with UK property prices expected to keep climbing. None of the 88 economists who responded to this question* suggested a general fall in prices — 54 said current policies would either ...

Image for Buy-to-let returns beat all other mainstream investments

Buy-to-let returns beat all other mainstream investments

TELEGRAPH (2015) Every £1 poured into buy-to-let in 1996 is now worth £15 – outperforming cash, bonds and shares over the same period, a new market study suggests. Buy-to-let investments have outperformed all major asset classes over the past 18 years, according to a study of the sector. As well as reflecting ...