UK house prices: Growth hits seven-year low as London house prices plunge amid Brexit uncertainty April 17, 2019 UK house prices grew at their slowest rate in seven years early in 2019 as London house prices plunged, according to data published today. Read more: London house prices: How Brexit has hit prices in your borough UK properties only grew by 0.6 per cent in February compared to the same month last year, the [...]
Warehouse giant Segro makes £21.2m in new headline rent after share placing April 17, 2019 Property group Segro secured £21.2m in new headline rent in the first quarter of 2019, as it followed up on a fundraising designed to help it keep up with increasing demand in the ecommerce sector. Read more: Segro appoints chocolate boss as non-executive director The company, which invests in warehouses located in the UK and continental [...]
Scrapping no-fault eviction is a start, but Generation Rent deserves more April 16, 2019 Britain’s renters may well be celebrating the government’s plan to scrap Section 21, a landlord’s legal right to evict a tenant on a so-called “no fault” basis. The announcement on Monday is a step towards making tenants more secure in their homes, following recent research from Royal London, which found that nearly half of children in [...]
London house prices: How Brexit hit house prices in every London borough April 15, 2019 Asking prices in Greater London have edged down by 2.2 per cent in the last year, with values falling to £614,250 on average. Read more: DEBATE: Should we be concerned about falling house prices? But new research released by Rightmove today underlines just how varying prices within London’s housing market are, with high end areas such as [...]
IWG shares soar as it seals £320m TKP Japan office space franchise deal April 15, 2019 IWG has completed its first franchise sale to send shares soaring today, as it netted £320m from the sale of its Japanese division. Read more: IWG boss mulling £2.2bn break-up of serviced office space business The firm’s share price soared 23 per cent to hit 339.30p after reaching the strategic franchise arrangement with TKP Corporation. [...]
DEBATE: With annual house prices falling in England for the first time since 2012, should we be concerned? April 15, 2019 With annual house prices falling in England for the first time since 2012, should we be concerned? Matt Robinson, chief executive of data-driven estate agent Nested, says YES. There are absolutely people who should be concerned by falling property prices. With inadequate historical pension coverage, an increasing number of those approaching retirement are reliant on their [...]
London house prices rise as estate agents predict Brexit delay will spur demand for family homes April 15, 2019 London house prices ticked up this month as sellers raised their expectations as demand from families combined with a Brexit delay for an anticipated spring bounce. Read more: Brexit uncertainty will drag down London house prices over 2019 The average price of new-to-the-market homes saw their largest April rise since 2015, growing 1.1 per cent [...]
Government moves to ban controversial ‘no-fault’ evictions April 15, 2019 The government will ban landlords from evicting tenants at short notice without providing a reason, it announced today, as it continues its shake-up of the private rental sector. Read more: Private Rented Sector investment to hit £75bn by 2025 The move was applauded by campaign groups for giving renters security and a ban has cross-party support, but landlords [...]
London housing market bearish in face of Brexit, chartered surveyors say April 11, 2019 Sentiment among London’s chartered surveyors is among the worst in the country, with house prices expected to fall in the capital over the next year, new figures show. In a poll of its members, the Royal Institution of Chartered Surveyors (RICS) found London and the South East were the only two parts of the country [...]
London house prices: Brexit uncertainty to send property prices dropping over 2019 April 11, 2019 Brexit uncertainty is weighing heavily on London and the south east’s housing markets as house prices are expected to continue to drop over the next 12 months. Read more: Steep London house price drop drags back UK housing market Buyer demand is dropping with new enquiries falling for the eighth month in a row, according [...]