Heard it on the grapevine

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All the latest rumblings from the property market, and the first word on future opportunities and developments affecting you  


  • UK’s only place to avoid the six-figure average property price tag revealed!

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    Ask for a property costing less than £100,000 in the UK, and you are more likely to be laughed out of your estate agent’s office, with the kind recommendation of not letting the door hit you on your way out. But in the county borough of Blaenau Gwent in south Wales, this distant dream is a reality. Costing just £97,147 on average, Blaenau Gwent in the north Gwent valleys includes the towns of Ebbw Vale, Abertillery, Brynmaw...READ MORE
    21 Mar 2018 | Comments
  • WILL UK HOUSE PRICES GO UP OR DOWN THIS YEAR?

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    Global uncertainty created by Brexit negotiations and the American election has made it more difficult than ever to predict the future direction of house prices in the UK. The UK has seen a period of strong house price growth, some experts now believe that property values could stagnate, or even fall, while others point to limited supply in the market and continued low interest rates to suggest that prices could continue to...READ MORE
    28 Feb 2018 | Comments
  • Borrowers ignoring mortgage time-bomb, says FCA

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    Hundreds of thousands of homeowners could be at risk of losing their homes by ignoring how they will pay off their mortgage, a regulator had warned. Nearly one in five mortgage holders has an interest-only home loan, meaning they would need savings or other funds to pay a final lump sum. The Financial Conduct Authority (FCA) said the end of these mortgage terms would peak in the next 10 to 14 years. Many borrowers were igno...READ MORE
    14 Feb 2018 | Comments
  • Letting agency promoting no-deposit tenancies as ‘21st century letting’

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    The subject of letting agent fees has been a hot topic for many months. The Tenant’s Fees Bill has been proposed in order to promote and encourage a greater level of transparency in the housing markets and it has led to the government banning letting agents fees and capping tenancy deposits at a maximum of six weeks. Although the Government has revealed the regulation, we are unlikely to see the ban come into force until af...READ MORE
    31 Jan 2018 | Comments
  • 1,381 West London home development announced in former Nestle Factory

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    A major housing development was given the green light by Hillingdon Council at the end of 2017. The century old Nestle factory in Hayes is to be transformed into a development with 1,381 homes, after the factory closed in 2014 when production of freeze dried coffee was moved to Derbyshire. The 30 acre site was purchased in early 2015 by SEGRO plc who have partnered with Barratt to build the new homes. As part of the develop...READ MORE
    17 Jan 2018 | Comments
  • Those aged 55 and over own 63% of UK’s property wealth

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    New figures released this week from Halifax show that the value of the UK’s privately-owned homes over the past decade has grown by £376 billion to reach £6.015 trillion. Halifax estimates that the average property wealth per household is £256,912 which is an increase from £187,310 in 2007 just as the financial crisis was about to hit. The definition of property wealth in this survey is equity – which is the difference betw...READ MORE
    17 Jan 2018 | Comments
  • How is stamp duty affecting the average Londoner?

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    There have been calls on the Government to reduce stamp duty for first time buyers after the extent of the burden on the average London worker has been revealed. The average London home buyer pays the equivalent of three years income tax on stamp duty when purchasing a home, according to figures from estate agent Haart. House prices in London and the Home Counties are on average £258,000 more than the rest of the country. L...READ MORE
    22 Nov 2017 | Comments

Hot Topic

The new tax year is almost upon us and now would be an excellent time to organise your tax affairs and to plan for additio...READ MORE


Diary of a first-time Landlord

Tenancy up for renewal

26 April 2014

We’re coming to the end of our first year as landlords. The letting agent has sent us a routine, and carefully timed, letter asking if we wish to continue letting and whether they should make a formal offer to our current tenants. I feel we’ve been very fortunate in finding a family to live in Mum’s house, who appear to have...READ MORE


Your Stories

I found 25 people living in my 2 bedroom flat!

I am fortunate enough to own five or six properties across the UK, all of which have thrown up different challenges. But probably the most unusual story I have to tell...READ MORE



Guides

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Hints, tips and legal advice to help you have a great landlord-tenant relationship.

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A useful guide for
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