Pennington News

News

  • Housing shortage will continue to drive up UK prices

    July 22, 2016

    Property prices were at the forefront of the EU debate in the run-up to the referendum, with the now former Chancellor George Osborne claiming that the value of homes in the UK could fall by as much as 18% following a Brexit vote. Based on the average price of a home...

  • Property Natter: Q & A with Peter Brodnicki

    July 22, 2016

    As promised, this week’s Natter is dedicated to a question and answer session with Peter Brodnicki, the man who has been CEO of the Mortgage Advice Bureau since 2001.  In that time he’s overseen the growth of MAB to become one of the country’s best known and most respected mortgage brands. So,...

  • What can the lettings industry learn from AirBnB, Vrumi and JustPark?

    July 22, 2016

    Barely a week goes by without news of the latest disastrous AirBnB experience suffered by an unsuspecting landlord. &nbsp...

  • Sheffield is primed for growth: explains why Chinese firm will invest £1bn

    July 22, 2016

    Sheffield in South Yorkshire, which was once one of the leading industrial cities in Britain and is still recognised for its large contribution to the highly successful steel industry, has changed a lot, and whether you believe the alterations have been for the better or not, there have certainly been...

  • How to win more customers using word of mouth

    July 22, 2016

    A client recently told me how much their estate agency spends on advertising and marketing every year.  It wasn’t pennies, and even though I was shocked, I certainly wasn’t surprised. It can take a lot of cash to cut through the noise created in the marketplace. Whilst we were chatting, they mused...

  • MIRAS: Could Theresa May go back to the future?

    July 15, 2016

    I’m indebted to one of the most enthusiastic estate agents I’ve had the pleasure of meeting for suggesting the subject of this column.  He’s come up with an idea that, like many things, may well come back into fashion – and just in time for the new Prime Minister to consider. That...

  • Property auction market round-up Q2 2016

    July 15, 2016

    With a number of agent partner programmes available nationwide, estate agents can often increase business by offering sales by auction, especially when it comes to problem properties that struggle to attract buyers via private treaty sale, but would be perfect for investors in the auction room.  Teaming up with auctioneers to...

  • Squeezed activity shows why we should be grateful for new PM

    July 15, 2016

    What a month it has been. By the time you read this, we'll have a new Prime Minister, a new Cabinet, and approximately 20 more attempts to get rid of Jeremy Corbyn as Labour leader, all no doubt destined to fail.  To say it has been a tumultuous time recently would...

  • Call for evidence: why technology needs to underpin house buying

    July 15, 2016

    Nearly three quarters of people who have sold or bought a property deem it more stressful than having a child or changing jobs, according to a survey by Which? Mortgages.  Though they may not feel it, these house buyers actually make up a fortunate grouping who, despite the rocketing stress levels,...

  • UK interest rates held at 0.5%

    July 14, 2016

    The Bank of England has held the UK’s main interest rate at 0.5% despite speculation that it would cut rates. The Monetary Policy Committee voted 8-1 to leave rates unchanged, but minutes of the meeting showed most members think the Bank will take some action next month. Read the full BBC News story here: http://www.bbc.co.uk/news/business-36794521