Reliance Residential | October 18, 2016
The average price of a residential property in England and Wales rose slightly last month despite a month-on-month decline recorded in London. East of England prices rose by 7.5% for the year, ahead of the South East, up 7.2%, and the South West, up..
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Reliance Residential | October 4, 2016
The London Mayor said he will investigate the foreign property ownership thoroughly amongst growing fears about the scale of redevelopment and rising housing costs in the capital. A large number of foreign investors are buying homes within the capital, yet remains unoccupied. This reduces..
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Reliance Residential | September 26, 2016
With the house price rising, more and more people expect to stay on the rental market for quite a while. More than eight million expect never to be able to buy their own property due to unaffordability to gather a deposit and for mortgage..
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Reliance Residential | September 20, 2016
Following Property Week’s RESI conference in Newport, Gavin Barwell, the MP for Croydon Central, praised the recent “impressive” growth in the bespoke rental market but maintained that this “progress must be expanded” to help ensure that there is a “thriving private rented sector”. One..
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Reliance Residential | September 12, 2016
RICS forecasts a rise in property prices in the next five years. Bank of England showed mortgage approvals dropped drastically from 64,200 loans in June to 60,900 in July but added that that the market is now stabilising. A lack of properties for sale on..
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Reliance Residential | August 1, 2016
According to Foxton Estate Agents, their profits dropped by 42% since June 2016 and massively down from £18.1m to £10.5m from the first 6 months of 2016. Nic Budden, the Foxtons chief executive, told analysts and investors that they are forestalling relatively weak market..
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Reliance Residential | July 25, 2016
The latest figures show how properties, ‘Let’ and ‘To Let’, have increased since June 2016. Due to the stamp duty changes in April, the number of sold houses increased, but now remains stagnant. With additional homes on the rental market, there was a 9.6%..
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