Author: Isabella Hughes
New Shared Ownership Homes Available in London
SO Resi is introducing a new shared ownership program featuring 37 homes in Canning Town, London. These one to three-bedroom apartments will be available off-plan starting this May, and interested buyers can visit a show home in June. The cost for a 25% share starts at £96,875, with the full property value at £387,500. Kevin…
Rightmove reports strong start to 2024 as estate agency members rise
Rightmove has shared a promising update, indicating a robust start to the year 2024, with consistent revenue and margin projections for the entire year. As the company prepares for its Annual General Meeting, it’s been reported that from the beginning of January to the end of April 2024, Rightmove has maintained its goals for both…
Significant price drops expected in West Midlands, London, and Yorkshire
Three UK regions—the West Midlands, London, and Yorkshire & the Humber—are forecasted to experience notable declines in house prices, according to a report from the property investment platform easyMoney. The data suggests a fall of -7.8% in the West Midlands, -6.8% in London, and -6.3% in Yorkshire & the Humber. Conversely, only two areas in…
New Affordable Homes Available in Barking Riverside
At Barking Riverside, Bellway London has introduced the second phase, known as The Point, at Eastbrooke Village, with 167 homes now on the market. These homes include three-bedroom houses as well as one, two, and three-bedroom apartments. Of the initial offerings, 22 are three-bedroom townhouses, with 19 up for private sale and 3 as affordable…
For Sale: The Courthouse hotel in East Cheshire
The Courthouse, a grade II listed hotel spread over three levels, features nine unique bedrooms, a bar and restaurant that provides private dining, along with two versatile meeting rooms that can double as double bedrooms. As a sought-after wedding location, The Courthouse also includes The Banquet Hall, which can accommodate 300 guests and comes with…
Maximum Ground Rent Capped at £250
Today will see an announcement that leaseholders are set to pay a maximum annual ground rent of £250 for a duration of up to 20 years, as part of a revision to the Leasehold and Freehold Reform Bill. Michael Gove, the Housing Secretary, has scaled back the bill’s initial promises due to push back from…
The Housing Market’s Upturn Nearly Sets a New Price Record
The average asking price for a house in Britain has increased by 1.1% since March, reaching £372,324. This typical seasonal rise has brought prices almost to the record high set in May 2023, now just £570 shy of that peak. ‘Top-of-the-ladder’ homes—larger four-bedroom detached houses and properties with at least five bedrooms—are behind the increase,…
5 Environmentally Friendly Houses to Celebrate Earth Day
Today is Earth Day, a special time dedicated to emphasizing the environmental shifts we need to safeguard our Earth. About 25% of greenhouse gas emissions are believed to stem from residential buildings. However, homes with better energy efficiency produce fewer carbon emissions, leading to reduced operational costs and lower energy bills. An ‘A’ grade on…
UK Sale of Craigiehall Barracks
Craigiehall Barracks is situated on the outskirts of Edinburgh, near the sought-after neighbourhoods of Cammo, Cramond, and Dalmeny. The site was put up for sale by Montagu Evans for the Defence Infrastructure Organisation, and several offers were made by the closing date. The property is home to notable historical buildings, such as the Category A…
Delfi Orchard: Premier Freehold Commercial Site on Orchard Road for sale
Delfi Orchard boasts an impressive 80-meter frontage on the prestigious Orchard Road, Singapore, residing on about 20,264 square feet of freehold land. It’s designated for “Commercial” use and permits a building height of up to 20 stories. The property’s development potential has been confirmed by the Singapore Land Authority (SLA) at 131,186 square feet, signifying…
Inflation Rate Drops to 3.2%
The Consumer Price Index (CPI) inflation rate has declined to 3.2% in March, down from February’s 3.4%, a change that economists find underwhelming. Forecasts by Reuters and the Bank of England had anticipated a decrease in the inflation rate to 3.1%, suggesting that the Bank might need more time before reducing interest rates than was…
For Sale: Dublin’s Noteworthy 20 on Hatch Street Lower for €26.5M
20 on Hatch Street Lower in the lively Central Business District of Dublin, is up for sale, presenting a special chance for investors. Spanning 44,735 square feet, the building currently houses well-known tenants such as Medtronic and MetLife, ensuring a stable flow of income with a remaining average lease term of roughly three years. Investors…
OnTheMarket’s First Hotspots Report Unveils UK’s Top Property Areas
This March, OnTheMarket introduced its first Hotspots report, aiming to identify the UK’s property market areas with the highest demand by comparing how many homes are available for sale to how many people are looking to buy in different regions. We calculate rankings by gauging the number of properties on the market against the amount…
8 Top Tips for Home Buyers: How to Thrive in the Housing Market
Stepping into the world of house buying is both exciting and challenging. The housing market is complex, with changing prices, interest rates, and available homes. This guide is designed to clear up confusion, offering important insights and tips for home buyers, to help you on your way to buying a house. Our aim is to…
5 Ways for First-time Buyers to Own a Home in the UK
The cost of owning property make it hard for first-time buyers looking to buy their first home. However, there are several schemes available that might help achieve it. Here’s an overview of the 5 key options. The Lifetime ISA Introduced in 2017, the Lifetime ISA is a savings account that assists with your first home…
Biggest monthly house price rise in 10 months
The start of the year has brought some optimism to the housing market, which is continuing as Spring approaches. This month, the average national asking price for new-to-market properties jumped by 1.5%, reaching £368,118—a more significant rise than the typical 1.0% increase we see in March and the largest in 10 months. Price fluctuations often…
Interest rates remain at 5.25%: Here’s the impact on mortgage costs
The Bank of England has decided to maintain the Base Rate at 5.25% for another month. This is consistent with the outcome of the last four meetings, marking a pause following 14 consecutive increases in interest rates. Previously, the Bank was increasing rates to bring down soaring inflation rates, which exceeded 10% in early 2023,…
Top 10 UK Property Sales Hotspots
If you’re considering selling your house, you’re probably keen to understand the current trends in your local housing market. That’s where we come in! Our Top 10 UK Property Sales Hotspots and based on data from Rightmove, who often assess changes in house prices, buyer interest, and agreements of sale at a national level. However,…
Learn How to Navigate Property Auctions on Propertyauctionaction.co.uk
If you’re looking to buy a property but never really considered a property auction, you could be missing out on an incredible opportunity. For many, property auctions come with a modicum of uncertainty. It isn’t for everyone. But for those looking for a deal and who are happy to do their own due diligence first…
Strong Increase in Home Sales
The beginning of 2024 has brought a hopeful outlook to the UK housing market. Recent statistics show a significant rise in home sales, which we’ll examine in this blog using data from Dataloft. These figures highlight the growing assurance and activity in the housing sector. Positive Beginning for the New Year In the first three…
UTB Finances Stephens + Stephens’ £23M High-end Apartment Project
With United Trust Bank’s (UTB) assistance, the second phase of the Cliff Edge development, consisting of 32 luxury apartments priced between £250,000 and over a million with many featuring stunning sea views, will reach completion. Residents have the option for their homes’ interiors to be professionally styled by Absolute’s comprehensive design service. As a continuation…
UK House Prices Continue to Climb in February According to Halifax
Halifax’s most recent House Price Index, released this morning, shows that UK house prices went up for the fourth month in a row in February. The rise in monthly house prices was 0.4%, while the yearly comparison showed a 1.7% increase from the previous year, bringing the average UK house price to £291,699 in February.…
Purplebricks Offers Free House Selling – What’s The Hidden Detail?
Wow, there’s a lot to talk about since the major shift with Purplebricks, the leading online estate agent in the UK. They’ve gone from one of the highest-cost online agents to offering their services for free. Can you believe it? Upon hearing that Purplebricks is providing a house-selling service at no cost – a service…
The Importance of Historical Properties in Boosting Local Real Estate Values
In the centres of British towns and cities, historical buildings, designated as ‘listed’ due to their cultural or historical importance, stand proudly. These buildings are not just remnants of history; they significantly influence the economic value of nearby properties. This article explores how these heritage sites enhance the appeal and value of properties in their…
Discover Understated Luxury in a 6,500-Square-Foot Hillside Home in Kent’s Weald
Waterfield House, situated close to Cranbrook, is a prizewinning family residence in a prime location in the rural English landscape. To truly appreciate the beauty of England’s Garden, you should either invest in a distinguished property or construct your own masterpiece. For those who opt to build, it appears that amassing a collection of abbreviations…
Glemham Hall, a Majestic Suffolk Estate with 12 Bedrooms and Over 1,700 Acres, Hits the Market for £19 Million
Glemham Hall, a remarkable property, is up for sale for the first time in over a century, and its vastness is truly impressive. Just last week, the historic Glemham Hall estate, spanning 1,763 acres, was introduced to the market for the first time in 101 years. Located on the outskirts of Little Glemham and close…
OnTheMarket Embarks on Build to Rent Sector to Widen Its Horizons
Following its acquisition by the American data and tech company CoStar last December, OnTheMarket’s CEO, Jason Tebb, has signalled a new era of growth for the property portal. As part of its ambitious goal to lead the UK property portal market, OnTheMarket has introduced a specialized Build-to-Rent (BTR) listing platform, aiming to stir up more…
Choosing Between Yopa and Purplebricks: Which is the Best Agent for You?
If you’re looking for a trustworthy online estate agent in the UK, you’ll likely come across Purplebricks and Yopa, two of the market’s giants. They’ve been competing for quite some time, with services that used to mirror each other so closely that flipping a coin seemed a good enough method to pick one over the…
Deciding Between Selling or Renting Your Inherited Property
Have you recently inherited a property and find yourself unsure of what to do next? You might be considering: Moving in yourself Leaving it unoccupied Selling it Renting it out Chances are, you’re mainly torn between selling or renting the property out. I can’t make the decision for you, but I can offer some perspective…
Explore Six Stunning English Country Houses, Featured in Country Life
Take a look at some exquisite homes in the Cotswolds, the West Country, and Sussex, all of which were recently listed for sale in Country Life. Berkshire — £2,500,000 This five-bedroom house in Henley-on-Thames is as splendid inside as it is on the outside. Offering a south-facing terrace, spacious garden, river access, and a garage,…
Property Sales Dropped by 48% in 2023
In 2023, property sales plummeted by an astonishing £141 billion, signaling a significant decrease in market activity. Last year, property worth around £154.7 billion was sold in England, a sharp decline from the £295.7 billion sold in 2022. This information was gathered from a study of Land Registry data by the real estate agency platform…
A Beautifully Renovated Mill in Warwickshire That’s Straight Out of Grand Designs
The Mill, located in Rowington, is a four-bedroom residence that blends industrial heritage with strikingly contemporary design. Homes often have a very boxy appearance, right? It seems that despite our long history of architectural innovation, we’ve become quite settled on a rather conventional square design with windows and a roof. Where did our adventurous spirit…