Property

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 faces critical shortage of homes to rent, says RICS

UK faces critical shortage of homes to rent, says RICS

The UK is facing a "critical rental shortage" which requires a building programme to focus on providing for tenants, a surveyors' body has said. At least 1.8 million more households will be looking to rent rather than buy a home by 2025, the Royal Institution of Chartered Surveyors (Rics) claims. It has ...

Image for ESPC House Price Report August 2016

ESPC House Price Report August 2016

Read the latest analysis from ESPC on what's been happening in the east central Scotland housing market.     Key findings The average selling price in Edinburgh increased by 7.7% between June and August of this year, compared with the same time period in 2015 Due to a shortage of housing stock, the number of ...

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 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 UK house prices rise at fastest annual pace since mid-2014 – Halifax

UK house prices rise at fastest annual pace since mid-2014 – Halifax

British house prices rose in March at the fastest pace in seven months, bringing price growth on an annual basis back into double digits for the first time since mid-2014, mortgage lender Halifax said on Thursday. House prices rose 2.6 percent in March alone following a 1.5 percent drop in February, ...

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 Edinburgh House Price Up 7.1%

Edinburgh House Price Up 7.1%

SCOTSMAN (2015)       A SPIKE in the value of city properties has created the perfect conditions for those looking to sell their homes, experts have said. House prices across the Capital soared by 7.1 per cent between September and November compared with the same period last year. And the value of properties across east ...