Pennington News

News

  • Education, Education, Education – and renting and buying, too

    May 20, 2016

    So what is it with young people failing to stand up for themselves and not making the most of their money when it comes to renting or buying property for the first time?  With start-ups and websites coming out of our online ears offering guidance as to what to watch for...

  • Time to stick it up: Agents still not complying with transparency law

    May 20, 2016

    Running a business is not easy, but sometimes it becomes harder because we are expected to modify our behaviour due to external factors.  One of these factors is the law of the land – ignoring legislation can have dire consequences.  Sometimes, however, laws are passed that because they are not in our...

  • Oxford named the hardest place to buy a home in Britain for first time buyers

    May 13, 2016

    Oxford is the toughest town for first time buyers to get a foot on the UK property ladder, taking over from Brighton as the country’s premium property hotspot. Bradford & Hull, on the other hand, proved the most affordable, according to new analysis by job search engine Adzuna.co.uk...

  • Property Natter – the top five Proptech products

    May 13, 2016

    Last time out I spoke about the beginnings of a PropTech revolution, with two major London-based events in the offing over the next few months.  In this Natter I’m going to look at some of the products that are leading this revolution.  Firstly, a few little things to mention. With the popularity...

  • Conveyancing delays are not the only reason transactions fall through

    May 13, 2016

    In this business you get used to dealing with regular customer and third-party feedback, input, and (occasionally) complaints.  Much like the agency market I suspect, conveyancers are sometimes demonised and accused of being responsible for every single delay, problem, or obstacle that might arise during a transaction.  This tends to come with the...

  • Barclays no-deposit mortgage: a good idea?

    May 13, 2016

    It’s the news that has got everyone talking: Barclays are bringing back the 100% mortgage.  The market has taken a bit of a battering recently with tax and legislative changes, so anything that stimulates growth is welcome – and the mortgage is certainly good news for agents as it should encourage...

  • UK housing market dips for first time in 12 months

    May 12, 2016

    Interest from UK house buyers has dropped for the first time since March 2015, as uncertainty continues to affect the market, according to the latest RICS UK Residential Market Survey...

  • What does Sadiq Khan’s victory mean for housing in London?

    May 12, 2016

    The new mayor of London Sadiq Khan has pledged to do all in his power to help make London “better” after beating his nearest rival Zac Goldsmith, of the Conservatives, by 1,310,143 votes to 994,614, giving him a larger personal mandate than either of his predecessors, Boris Johnson and Ken...

  • Stamp duty: New rule quirk means ordinary people will pay more

    May 11, 2016

    When a higher rate of stamp duty was announced by the Chancellor last November, it was meant to cool the boom in buy-to-let...

  • Britain’s best letting agents

    May 10, 2016

    Here are the top letting agents in Britain who go above and beyond to help their customers, as voted for by landlords and tenants.  Complaints against letting agents often make the headlines, but the reality is that most tenants and landlords are extremely happy with the service they get from their...