Your Move : Majority of regions in England and Wales see rents rise

With the majority of rents in England and Wales rising in May it appears that the snap general election had no noticeable effect on the lettings market – according to the latest Buy to let Index from Your Move. Rent are now, on average, sitting at £814 per month with seven of the 10 regions …

Peabody and Family Mosaic complete their £6bn merger

Peabody and Family Mosaic have have completed their £6bn merger.  As a result of the merger, the organisation have 111,000 residents in 55,000 homes spread across 29 London boroughs, with over 2,000 homes in Essex, Sussex, Hampshire and Kent. The new organisation has over 155 years of history, experience and expertise and aim to help people make the most of their …

Hill and Marshall Group Properties join forces for joint venture in Cambridge

  Housebuilder Hill and Marshall Group Properties announced that they have entered into a strategic 50:50 joint venture agreement with Marshall Group Properties, part of the Marshall Group, to deliver 450 new homes in Cambridge. The new development, Wing, will sit on a 160 acre parcel of land owned by the Marshall Group and is the business’ first major residential …

UK’s Crest Nicholson : Royal View show apartment to open

A brand new show apartment will open its doors in Bath’s most iconic new building.Featuring stunning views out across the city, the new, two-bedroom show apartment is located in Royal View at Bath Riverside. With interest already running high in the selection of one and two-bedroom apartments and penthouses, the opening of the new show …

UK RICS : Election causing to buyers and sellers “wait and see” in the housing markets

Enquiries from new buyers, new instructions from those wanting to sell, and agreed sales in the housing market, have once more declined in May, according to the latest RICS UK Residential Market Survey. In addition, price growth also lost momentum and is predicted to slow further over the next three months. Although a fall in …

UK annual house price growth eases again to 3.3% : Halifax

House prices in the three months to May increased by 3.3% compared to the same period of 2016, according to the Halifax House Price Index. Prices in the three months to May were 0.2% lower than in the preceding quarter. Nationally, house prices in May 2017 were 11% above their August 2007 peak. The average house price of …

UK rents fall for the first time in eight years : HomeLet

UK rental price inflation fell for the first time in almost eight years in May, new data from HomeLet reveals. The average rent on a new tenancy commencing in May was £901, 0.3% lower than in the same month of 2016. New tenancies on rents in London were 3% lower than this time last year. …

UK’s St. Modwen signs long term development agreement to deliver 1,500 new homes in Wantage

St. Modwen, the UK’s leading regeneration specialist, has signed a development agreement to take forward the delivery of the masterplan and infrastructure for a 227 acre site at Crab Hill in Wantage, South Oxfordshire. The agreement is with the current landowners with whom St. Modwen will be the long term partner. This latest agreement further …

UK housing market losing momentum, further slowing in annual house price growth in May : Nationwide

According to the latest Nationwide House Price Index  results, UK house prices showed third consecutive monthly decline for the first time since 2009. House prices fell 0.2 percent month-on-month in May, compared with a 0.4 percent drop in April. “Annual house price growth dips to 2.1%, providing further evidence that housing market is losing momentum.” Commenting …

UK house prices to rise 6 per cent by 2021, says Barclays

New research released by Barclays, the Barclays UK Property Predictor, provides a three-to-five year forecast of investment hotspots on the residential property market, revealing the areas across the UK where house prices and rental incomes are expected to rise. The research uses factors including rental trends, employment levels and commuter behaviour as well as current …