Brexit continues to dominate top property industry concerns

As Brexit looms, a new survey commissioned by Crowe UK identifies the biggest concerns facing the UK property industry and provides a unique snapshot of views across the sector. Crowe’s survey, which asks property developers and investors across the country for their views on the state of the market in 2018 and outlook for the future, reveals UK businesses are increasingly concerned about the impact the current political and economic uncertainty will have on the industry. Brexit: reality bites With daily headlines…

How can landlords be so optimistic during such a supposedly challenging time?

A recent survey that was picked up by quite a few of the property trades brought, I would imagine, some much needed light relief for landlords in the UK. After months of reading headlines about a mass exodus of landlords with thousands of landlords said to be fleeing the sector, the survey by investor forum and advice website The Property Hub painted a very different story. It revealed that almost 80% of landlords actually planned to buy more property in 2019 while 70%…

Rental growth now outstripped by wage growth in all areas of the UK

The latest Landbay Rental Index has revealed that a typical tenant in the UK (excluding London) pays a third of their pre-tax monthly pay on rent. According to the figures, renters in the UK (excluding London) earning a typical monthly salary of £2,317, before tax, are paying out £769 a month for the average rental property in the UK. Wage growth has outstripped rental growth in all regions of the UK, improving affordability across the board. In the year, average rental growth in…

Mortgage industry ‘not fit for purpose’ claims Together

A new survey from Together claims to show that the mortgage industry is failing modern borrowers after revealing that more than half were rejected for lifestyle choices including being self-employed or buying a converted home. According to the findings, over half of mortgage applicants – 54 % who’d fallen out of the application process – had been denied a home loan for reasons that could be considered ‘normal’ by most people, including factors once believed to be ‘non-standard’ such as their employment type; they…

New property repair service rolls out to help tenants in Manchester

A new partnership between AXA Partners, Fixflo, and Thornley Groves has rolled out in Manchester with the aim to provide an out-of-hours repairs services to thousands of tenants. More than 8,000 issues were reported in properties in Manchester in the last 12 months, with over half classed as emergencies. Almost 3,000 of these problems occurred out-of-hours, leaving many tenants waiting for whole weekends before a repair could be made. Now, a new partnership between AXA Partners and property repairs reporting service Fixflo means…

Chestertons announce partnership with the Royal Philharmonic Orchestra

London based estate agents, Chestertons, is pleased to announce its most recent art collaboration with the Royal Philharmonic Orchestra as an extension of its successful partnership with the Royal Academy of Arts. The new partnership officially launched at the Royal Academy of Arts during Chestertons Autumn Art programme in October where RPO’s MD Huw Davies and two artists from the orchestra explained what it was like to be part of the world-famous ensemble and performed for around 50 guests. As part of the…

Vast majority of agents shrug off possibility of 2019 housing market slowdown

A new research report, The State of the Property Nation, has been launched by Zoopla and reveals that the outlook for the economy is the top concern for agents, replacing a lack of stock for sale. According to the data released, an overwhelming 81% of estate agents expect revenues to grow or stay the same in 2019 despite growing concerns over the economic outlook. The report, which surveyed 6,000 consumers and 660 estate and letting agents, covers a wide range of important insights…

EU Law Analysis: Harassment of Human Rights Defenders: Measuring Democracy, Bad Faith and Hidden Agendas

EU Law Analysis: Harassment of Human Rights Defenders: Measuring Democracy, Bad Faith and Hidden Agendas – What Role for the European Court of Human Rights? Harassment of Human Rights Defenders: Measuring Democracy, Bad Faith and Hidden Agendas – What Role for the European Court of Human Rights? Marco Antonio Simonelli, PhD candidate, University of Siena, and Alast Najafi, LLM candidate, University of Leiden In its recent judgment of Aliyev v. Azerbaijan, the European Court of Human Rights (hereafter the Court) activated anew the long dormant Article 18 ECHR (which provides…

Mortgage industry ‘not fit for purpose’ claims Together

A new survey from Together claims to show that the mortgage industry is failing modern borrowers after revealing that more than half were rejected for lifestyle choices including being self-employed or buying a converted home. According to the findings, over half of mortgage applicants – 54 % who’d fallen out of the application process – had been denied a home loan for reasons that could be considered ‘normal’ by most people, including factors once believed to be ‘non-standard’ such as their employment type; they…

Vast majority of agents shrug off possibility of 2019 housing market slowdown

A new research report, The State of the Property Nation, has been launched by Zoopla and reveals that the outlook for the economy is the top concern for agents, replacing a lack of stock for sale. According to the data released, an overwhelming 81% of estate agents expect revenues to grow or stay the same in 2019 despite growing concerns over the economic outlook. The report, which surveyed 6,000 consumers and 660 estate and letting agents, covers a wide range of important insights…