Home swap has become a very popular idea among Britons. Indeed, especially for people living near major sport events, festivals or popular areas.
“During the two weeks of Wimbledon, for example, lots of homeowners who live nearby will have planned their summer holidays in order to vacate their homes and rent them out to avid tennis fans,” says Karl LeBrasse from Badger Holdings, parent company to Townends and Regents Estate Agents. Read more…
The average homebuyer spends just 21 minutes viewing a property before deciding to buy it, new research says.
People in general take an average of 217 minutes to pick a satellite, 284 minutes to decide upon a new television and 164 minutes to buy a coffee table. Read more…
According to legal information provider Sweet & Maxwell, private landlords filed 23% more repossession claims against their tenants during the credit crunch.
Private landlords now account for 17% of all repossession claims in the rented property sector compared to 11% in 2004, with repossession claims jumping from 17,047 to 21,004 between 2004 and 2008, an increase of 23%. Read more…
With just two years to go until the official start of the 2012 Olympic Games, the transformation of south east London has started already.
There are plenty of new homes, shopping, new facilities and transport infrastructure in progress especially around the Stratford site which is currently one of London’s property hotspots. Read more…
Google Maps will now advertise properties for the convenience of landlords and buyers.
People who are looking for a house have different options to look for a property: It can be in the newspaper, online or in an estate agents window, but now thanks to Google Maps they will be able to surround and view the house and the neighboor. Now house hunters will have more tools at their disposition thanks to Google Maps. Read more…
The recently launched Dogs Trust Lets with Pets campaign, intended to support agents and landlords to welcome tenants with pets, has confirmed a huge success with the National Approved Letting Scheme (NALS) licensed firms embracing the initiative.
In their campaign, the Dog Trusts Lets with Pets Campaign is inviting landlords to consider letting their property to tenants who own pets; therefore they will have to pay a little extra rent and arrange for the property to be cleaned at the end of the tenancy. According to pfma.org.uk “In the UK, almost 1 in 2 households own a pet (47% = 13M), with around a total of 24 million pets owned (excluding fish). Read more…
Latest research published by Santander Mortgage has indicated that “it is a good time to buy”.
First-time buyers are being told that buying a property is cheaper than renting in all areas of the UK except London. As a matter of fact, after assessing the current market, Santander Mortgages found that “the average monthly rental prices Read more…
Green Porperty has formed a joint venture with TPG to invest up to €900m in the UK and Irish property market.
TPG Capital (formerly known as Texas Pacific Group) is one of the largest private investment firms globally.TPG will form a venture with development and investment company Green Property Read more…
The UK housing market has been boosted by the abolition of Home Information Packs (Hips), according to Agency Express the largest ‘For Sale’ board contractor in the UK.
The latest Agency Express Property Activity Index shows that the UK housing market received a “huge” boost last month with the abolition of Home Information Packs (HIP) which played an important part to a substantial increase in housing activity. Read more…
The pound’s weakness attracted buyers from abroad and allowed London’s luxury home market to come back on track.
Luxury-home prices climbed in May for the seventh straight month. In fact the pound’s decline increased the demand from wealthy overseas buyers for properties in neighbourhoods such as Chelsea and Mayfair Read more…
