- Hits: 207
Here's an interesting one! As we hurtle towards Christmas, is it just a waste of everyone's time keeping your home on the market during December - especially with a general election to contend with? Or could you be missing a trick if you take it off the market until the New Year? Let's take a look.
- Hits: 200
It was a beautiful dry chilly morning today in Cirencester, the sky was blue and there was a fantastic turnout as hundreds of people filled the market place to watch the parade and to listen to Reverend Canon speak.
- Hits: 157
Average house prices were £232,249 in October, Halifax has reported.
The lender said this brought annual inflation to 0.9%.
Halifax managing director Russell Galley said: “Average house prices continued to slow in October, with a modest rise of 0.9% over the past year. While this is the lowest growth seen in 2019, it again extends the largely flat trend which has taken hold over recent months.
“A number of underlying factors such as mortgage affordability and wage growth continue to support prices, however, there is evidence of consumers erring on the side of caution.
“We remain unchanged from our view that activity levels and price growth will remain subdued while the UK navigates economic uncertainty.”
The Halifax, which has recently changed how it calculates prices after criticism that its indices were out of sync with others, is still at odds with Nationwide, which also bases its numbers on mortgage approvals.
Nationwide puts the average house price in October at £215,368, saying that annual house price inflation was 0.4%.
- Hits: 839
Rents in the UK rose by 3.8% in February compared to the same month a year ago; the average monthly rent now stands at £940 a month
Rents in London increased by 4.0% in February this year compared to February 2018; the average monthly rent in the capital now stands at £1,599 a month
When London is excluded, the average UK rental value was £782 in February 2019, this is up 3.2% on last year
HomeLet’s February Rental Index reveals that rents rose in all 12 of the UK regions covered in the research
- Hits: 838
All private landlords in the UK are to be forced to join a redress scheme, the government has revealed, scooping up over an estimated 1.5 million landlords into regulation.
The announcement is part of a wide-ranging package of regulatory measures revealed by Secretary of State for Housing James Brokenshire following last year’s consultation on the subject.
Brokenshire plans to “bring forward legislation that will require all private landlords, including providers of purpose-built student housing and park home site operators, to belong to a redress scheme,” he says.
“This would ensure that all tenants have access to redress services in any given situation and that all complaints can be addressed.”
Our comment; "This is the government recognising that the UK is going to be generational in the respect that there will be people who are tenants for their whole life. Private landlords will have the same responsibility as letting agents already have, providing tenants access to redress in any given situation.”