Bovis heading for ‘record’ profit year

Housebuilder, Bovis Homes, has announced that it is set for a ‘record’ year of profits with another controlled period end. In a trading update ahead of the release of its annual results on February 28, the firm confirmed that during the year to 31 December 2018, it delivered 3,759 new homes in total, rising 3% against 2017. Private homes totalled 2,567 against last year’s 2,573. The private average selling price on completions was £338,000, up on 2017’s £334,500. The company’s sales rate per…

Who were the biggest property brands of 2018?

The latest data and analysis from MediaVision reveals a market predominantly down year on year with pockets of stellar performance from some. According to the data, of the top 10 brands with the highest monthly search volume overall, only four saw a positive uplift in brand demand YoY. Of the top 50 overall, more than half saw a decline in brand demand over the last year, which indicates just how tough and diverse the landscape is right now. For brands in the fiercely…

House prices continue to fall in the capital

According to the latest report from Home.co.uk, London’s losses over the last twelve months have now extended to 3.2% or around £17,000 for the average property. Further erosion of asking prices in the South East and the East has now precipitated losses of 1.9% and 0.8% respectively. The South West has become the next domino to fall as the price correcting phase of the property cycle sweeps west and north, out from London. Joining England’s three most populous and expensive regions (Greater London,…

Moving house in 2018 cost almost £10bn

The latest research by Compare My Move has found that the average UK homeowner spent more than £10k when moving house in 2018 with first time buyers spending £1,761 on extra moving costs adding four months of saving. According to the report, which used the latest official UK Housing data and their own Cost of Moving House Calculator to explore the true extra costs involved with moving house, Compare My Move found that UK movers collectively spent £9.8 billion on moving house in 2018.…

ONS: House price growth up 2.8% in November

The latest data on UK house prices released by ONS has revealed that average house prices in the UK saw a rise of 2.8% in the year to November 2018, up slightly from 2.7% in October 2018. Over the past two years, there has been a slowdown in UK house price growth, driven mainly by a slowdown in the south and east of England. The lowest annual growth was in London, where prices fell by 0.7% over the year to November 2018, unchanged…

Daniel and Woude on Making Sense of the Law and Society Movement @LeidenLawBlog @Maartje_W @LeidenLaw

Daniel Blocq, Leiden Law School, and Maartje van der Woude, Leiden Law School, Institute for Criminal Law & Criminology, are publishing Making Sense of the Law and Society Movement in volume 11 of the Erasmus Law review (2018). Here is the abstract. This article aims to deepen scholarly understanding of the Law and Society Movement (L&S) and thereby strengthen debates about the relation between Empirical Legal Studies (ELS) and L&S. The article departs from the observation that ELS, understood as an initiative that emerged in American law schools in the…

Patrick on a Brief History of Disgust and the Law

Carlton Patrick, University of Central Florida, is publishing When Souls Shudder: A Brief History of Disgust and the Law in Research Handbook on Law and Emotions (Susan Bandes, Jody Lyneé Madeira, Kathryn Temple, and Emily Kidd White) (forthcoming). Here is the abstract. This chapter takes a look back at the past three decades of disgust and the law. Reviewing many of the empirical findings of the behavioral sciences as well as the normative scholarship of legal scholars and other social scientists, it attempts to provide a bird’s eye view of…

MCR Property Group continues London expansion with 11 new hires

Manchester and London-based property investment company, MCR Property Group, has announced today that it has made 11 new appointments to its growing team in the capital. Following MCR Property Group’s expansion into London during 2018 on the back of an impressive year of results, the company has recruited for senior, management and entry-level positions. With a pipeline of 10,000 units equating to more than £2billion, these strategic appointments will facilitate MCR Property Group’s 2019 plans. The firm anticipates this figure to increase to…

Buy to Let Club announce new partnership with Magellan Homeloans

Buy to Let Club has announced that it has bolstered its distribution panel with the addition of specialist mortgage lender Magellan Homeloans. According to the lender, they will distribute the entire range of Magellan’s products which include the recently launched prime residential options, as well as their buy to let range for individuals, limited companies, HMOs & multi-units. Members will be able to select Buy to Let Club’s fee-free packaging service or choose to submit directly. Jason Neale, Sales Director at Magellan Homeloans,…

How long does it take to sell a BTL property in the UK?

New data, released by specialist online agency, yieldit, has been has crunching its numbers from the six months to 31st December 2018 and attempting to shed light on how long it takes to sell the average buy-to-let property. According to the report, the average buy-to-let property has a sale time of 38 days. The data, which analyses the time taken between a property being listed and an offer being accepted, is notably lower than comparable data from leading property portal Rightmove and Post…