Pennington News

News

  • The reign of the renter

    August 28, 2015

    This month analysis by the Office for National Statistics revealed that the average home in England and Wales cost a record 8.8 times the typical local salary in 2014, and prices in some areas have reached a staggering 20 times local income.  As prices rise the age of first-time home buyers... ?>

  • Why agents need to do their ‘right to rent’ homework

    August 28, 2015

    Stories of migrants attempting to make their way to the UK are now a daily feature in our news bulletins and ways to help limit the impact of this are being considered by the government across a wide range of aspects of our daily lives. Property is not immune from this... ?>

  • What do this week’s housing market figures really mean?

    August 21, 2015

    We’ve had a flurry of data for all of us involved in the property sector to mull over on our sun loungers this week. A report from the Royal Institute of Chartered Surveyors (RICS) raised alarm bells over housing supply, Office for National Statistics (ONS) data on house price trends and... ?>

  • Almost a love-in from Which?

    August 21, 2015

    It’s always interesting when Which? produces a report that includes estate agency. It asked 1,990 people their views on buying and selling homes and, surprisingly, estate agents scored a satisfaction rating of 65 per cent. Only 16 per cent of respondents were unhappy which, to me, seems a pretty good success rate. But it’s... ?>

  • Property Natter: how to make PR work for you

    August 21, 2015

    Public relations is big business these days. Whole companies are set up purely to provide this service. Major corporations have in-house teams to improve communication with consumers. Football teams, supermarkets, and TV channels, name a business and there is no doubt they will be shelling out millions every year on... ?>

  • Say no to George before housing crisis

    August 21, 2015

    A new website has been launched to fight back against the attack George Osborne made in the Summer Budget on the UK lettings market.  Two Peterborough landlords have combined forces to create www.saynotogeorge.co.uk and demonstrate the potential effects that the Chancellor’s limitation on mortgage interest relief will have on buy-to-let investors... ?>

  • So what will house prices do this autumn?

    August 14, 2015

    Agents across the country, hopefully refreshed by a nice holiday somewhere warm, will be gearing up for the phones to start ringing with enthusiastic requests for valuations. There will hopes for a strong autumn, ideally with shorter chains, which will deliver a strong last quarter of results. Unfortunately the autumn is... ?>

  • Will the end of The Green Deal make it harder for letting agents?

    August 14, 2015

    The government recently pulled the plug on financing the Green Deal so you may be wondering what this all means for you and your landlord clients. The Green Deal suffered from many problems, and the erratic nature of its funding undermined the confidence of landlords and the industry at large.  Despite this, over £100... ?>

  • Has buy-to-let become too popular for its own good?

    August 7, 2015

    Here's a thought. The Chancellor may have done the buy-to-let industry a small favour with his emergency Budget in July. What follows might sound absurd and may go against the business grain but it's worth considering. Here's a question to get you started. Has buy-to-let become too popular for its own... ?>

  • Property Natter: Let’s embrace the social web

    August 7, 2015

    So, has everyone been enjoying the fine summer weather we’ve been experiencing? Oh, wait…fear not, I will attempt to inject a bit of sunshine into your life with part four of Property Natter, focusing on the growing importance of content-sharing and having a presence on a wide number of social... ?>