Blogs
Landlord activity in the property market charges on
Author: Move with Us31 Jan 12, 05:21 PM
Buying and selling grew in 2011 according to research by the Association of Residential Lettings Agents.
The number of landlords who sold properties in the last 12 months has increased from 6% to 8% and the number of landlords who bought properties also rose from 23% to 25%.
Mortgage lending hits £140bn in 2011
Author: Move with Us24 Jan 12, 05:21 PM
The Council of Mortgage Lenders forecast that there would be £138bn of mortgage lending in the UK for 2011 but figures published recently show that mortgage lending hit a high of £140bn in 2011.
Figures from December 2011 show a 12% rise in mortgage lending compared to December 2010. In addition December was the fifth month in a row of higher year on year lending.
Instructions down but must sell properties selling seven weeks quicker
Author: Move with Us17 Jan 12, 12:37 PM
Category: General
Tags: Must sell properties
As little as 36,433 properties are being listed on Rightmove each week which, according to Miles Shipside, is the lowest number of listings the property portal has recorded in a decade. Furthermore, it has also been reported that only one new property per week is being sold by each estate agency branch.
Conversely, the new year seems to have brought with it an influx of new interest in the housing market with Rightmove reporting a massive 44 million property searches in the first 10 days of January alone.
The large number of people looking to move but with fewer houses to choose from has caused people to search obsessively for new properties online. Miles Shipside, Rightmove Director commented on Estate Agent Today that:“This search addiction is in part caused by each estate agency branch currently listing less than one new property a week, an all-time low and around half of pre-credit crunch levels.”
The Negotiator magazine is acquired by Property Drum
Author: Move with Us4 Jan 12, 04:11 PM
Category: General
Tags: Negotiator
Two of the estate agency and lettings industry most prestigious publications have joined forces and will become sister titles.
The Negotiator, the oldest surviving magazine for estate agents has been acquired by Property Drum in a deal which will see increased development of The Negotiators’ highly successful Survive and Thrive Conferences and its Round Table events.
“This is great news for the industry,” said Property Drum Managing Director Grant Leonard. “Across the two titles we can now reach more offices, giving us a near-total market coverage.
