Today on Property Industry Eye is ‘#FlorenceDay’. We ask every reader who visits EYE today to donate a minimum of £5 to the crowdfunding effort to raise £250,000 needed to take desperately ill two-year-old Florence Jackson to America for a More details >
Lenders reported that demand for secured lending for house purchase increased slightly in the final three months of 2016, partly driven by landlords, but the mortgage market is expected to be flat in the first quarter of this year. The More details >
Rightmove is forecasting asking price rents to rise 4% outside London this year. Last year, the portal says asking price rents rose 3% outside London but fell 4.4% inside the capital. The highest growth was recorded in the northern regions More details >
The lettings agent tenant fee ban won’t come in until at least 2018 DCLG has revealed, with the consultation to be launched in the New Year. Speaking this morning at the National Approved Lettings Scheme conference in London, Rachael Williamson, More details >
A consultation into banning letting agent fees is to be launched in the New Year. The ban will also require primary legislation through a new Act of Parliament. However, questions are now emerging as to the alleged lack of any More details >
Transactions across the UK in October were down 3.3% on the month before and down 18.8% on October last year. According to Spicerhaart, releasing figures based on data from haart branches, transactions – counted as exchanges – were down even More details >
Chancellor Philip Hammond will deliver his first Autumn Statement on November 23 and there is one policy on the lips of most of the property industry, Stamp Duty. Many have already called for a scrapping of the additional rate on More details >
House price inflation has now almost halved since its peak in March, Halifax has claimed The lender’s October House Price Index recorded yearly growth of 5.2% to £217,411, down from 5.8% in September and below the March annual high of More details >
Rents are to shoot up in the next five years, easily outstripping inflation, two major agency groups have forecast – but a poll of landlords has drawn very different conclusions. According to Savills, as a result of George Osborne’s tax More details >
The property market is bracing itself for, at best, uncertainty and confusion, and at worst a white knuckle ride after yesterday’s High Court ruling that MPs must vote on triggering Article 50. Yesterday, as the BBC reported on the possibility More details >