In the Spotlight with Ben Davis

We caught up with Ben Davis, Chief Executive, Propertyheads PR: How did you get into the property industry? BD: I’ve been in and around property from a young age – my dad was a builder and much later on became a landlord. Some of my earliest memories are of “helping” him out on various renovation projects in the school holidays. My mum worked in the planning department at the local council. I started my career in finance, but even then I was never…

What are the UK’s most popular home improvements? | What are the UK’s most popular home improvements?

We are indeed a nation of DIY and home improvement addicts. And, according to a new survey from GoCompare Home Insurance, painting, flooring and a bathroom makeover are the most popular projects to get our teeth stuck into. According to the data, 68% of the work is undertaken to improve a property’s general appearance rather than essential maintenance 38%. Energy efficiency improvements featured strongly in the list including installing a new boiler or central heating system and improving insulation. Top 10 home improvements…

Auction House London celebrate its largest ever sale

Auction House London has seen the biggest catalogue in its history go under the hammer, raising over £15m and achieving a success rate of 73%. This month saw fierce bidding at the auction room with particular interest from prospective buyers for a seriously fire damaged property in Harlesden, London. The three bedroom Victorian mid terrace house in Tubbs Road which also had structural problems sold for more than double its guide price of £275,000 at £570,000. Andrew Binstock, Director and Auctioneer at Auction…

Surge of landlords screening potential tenants via social media

Newly released data from Foundation Home Loans has revealed that savvy landlords are switching to social media to screen tenants before letting them live in their property. According to the findings, popular sites such as Facebook, LinkedIn, Twitter and Instagram could reveal valuable insight into how they would be as tenants and is the first port of call for an estimated 11% of landlords. Depending on the accounts available, information that could be gathered from social media could include everything from job and…

Further calls for the government to reform rental deposits

According to a new study, almost half of renters want deposits ditched and replaced with low-cost insurance policies – as a both a leading think tank and the consumer group Which? call for the government to reform rental deposits. A YouGov survey has revealed that 43% of renters would prefer to rent deposit free with deposit protection insurance to forking out more than £1000 for a traditional deposit. 71% of readers of a national newspaper also backed deposit-free renting in an online poll.…

Vouch celebrates early success with new signings

New referencing app, Vouch, has announced that it has experienced a surge in letting agents and landlords using its platform, with recent new client wins including multiple branches of Belvoir and Northwood, Morgan Randall, Regal Lettings, Lenwell and Sotheby’s Realty. The company estimates that is has saved letting agents and landlords £1m on tenant reference checks within 10 months of launching. Vouch automates much of the referencing process and estimates savings of up to 85% against the cost of a typical reference. Vouch…

Miller Homes report 12% rise in completions

UK housebuilder, Miller Homes, has announced that it has seen completions rise 12% during the six months to June 30 2018. Miller announced that it achieved 1,493 home completions during its half year, compared to 1,336 during H1 2017 with average selling prices rising 6% to £248,000. Accordingly, revenue increased 7% to £356.1 million. Operating profit improved 11% to £70.5 million. At the same time the company reported a 3% decrease in its private sales rate to 0.77 net reservations per site per…

Spotlight on SPVs: what are they and how can they help landlords?

A growing number of landlords and investors are incorporating or setting up private limited companies in a bid to negotiate the impact of the buy-to-let tax regime. As a result, lenders like Together are offering products tailored to limited-company landlords, including tailored products for those who’ve set up Special Purpose Vehicles (SPVs) as a way of running their portfolios. Here are a few pointers about why landlords and property investors might want to consider the SPV route when setting up a limited company……

House prices in London’s commuter belt set to bear the brunt of a no-deal Brexit

New data and analysis from property investment platform, British Pearl, has identified which areas of the country are likely to see the biggest fall in house prices in the event of no deal being reached on our departure from the EU. According to the findings, a highly polarised housing market means property prices across London’s commuter belt will be hardest hit with places like Stevenage, Watford and Hastings “feeling the full brunt of the no-deal sledgehammer”. The average detached house in Stevenage was…

How to incorporate mindfulness and wellbeing into your home

Between juggling work, family and social commitments, there’s no denying life can be hectic. So much so, that the UK is becoming more conscious of ways to better it’s mindfulness and wellbeing. Over the last ten years, Brits’ interest in wellbeing has increased by 151%¹, while the interest in mindfulness has increased by a whopping 900%. This means creating a living space that not only meets physical needs, but also benefits health and wellbeing too, is more important than ever.Create a peaceful sanctuary to…