Eviction orders are being issued to tenants who have run up rent arrears because of the pandemic despite a promise by the housing secretary, Robert Jenrick, that “no renter who has lost income due to coronavirus will be forced out of their home”.
Records were broken once again at Rightmove with the portal revealing that 17th Feb was the site's busiest day ever as house-hunters gear-up to move home in light of the roadmap out of lockdown finally being announced.
During the pandemic, two of the most persistent trends seen across the whole property market have been escalating house prices and a desire for larger homes.
Land agent, Aston Mead, has welcomed the national space requirements which will be imposed on all new houses delivered through Permitted Development Rights from this April.
About 300,000 property purchases in England could benefit from a three-month extension in the stamp duty holiday, it has been estimated, as reports suggest the chancellor could be set to prolong the tax break in next week’s budget.
The introduction of the stamp duty holiday paved the way for a property rush on a scale that has previously been unseen.
Due to lockdown and vast numbers of people working from home, there has been a growing trend of buying luxurious garden buildings and outhouses amongst wealthy home workers during the pandemic.
Newly released data from property insight and technology provider, Search Acumen, has revealed that the volume of property transactions registered in England and Wales saw a 27% rise between November and December 2020, largely fuelled by a rush to take advantage of the stamp duty holiday.
With the average price of a home in the UK currently standing at £251,500, prices must drop by an average of 44% across the UK before those who dream of owning a home who are on an average annual UK salary can do so, according to Open Property Group.
The build to rent sector has gained momentum in recent years and now accounts for 1% of all UK rental properties, having surged by 135% since 2017.
London is the only major UK town or city facing a challenge of this scale, with all regions of the capital experiencing huge drops in demand due to the ongoing pandemic and shift in attitude towards renting in the city.
Tenant demand reached a five-year high during last year - the highest level since the first quarter of 2016, as almost a third of landlords reported rising levels of enquiries for rental accommodation.
"You'll always find me in the kitchen at parties" sang Jona Lewie back in 1978. He was on to something. Often dubbed 'the heart of the home', the once purely functional space in our properties has taken on several roles over the years, so how will the kitchens of the future evolve to keep pace?
According to the latest data released by international real estate experts, Astons, homeowners in the capital have seen the value of their property climb by £34,526 on average since the end of 2019. However, some pockets of the capital have seen far more impressive growth.
The prime French market is temping high-end homebuyers away from London, according to the latest market analysis from high-net-worth mortgage broker, Enness Global.
Aviva Investors has completed the acquisition of a distribution unit in Hams Hall, one of the region’s premier logistics parks, for £139m.
March 31st, a date that will probably be ingrained into the minds of practically everyone in the UK who is actively buying or selling a property at the moment.
Although a little historis#c, the latest official government house price data has revealed that the UK property market was still being greatly influenced by the possibility of being able to take advantage of the stamp duty holiday - with house prices up by 8.5% over the year to December 2020.
Newton-le-Willows-based specialist developer and investor Network Space has sold four property assets, including two in Liverpool, in a deal understood to be worth an overall £40m.
Newly released data from a survey of UK-based high net worth individuals has revealed 18% have been turned down for a mortgage in the past decade.
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