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Other Finance News

Asking Prices for Properties up £6,000 on Pre-Lockdown Averages

Lockdown has taken its toll on the UKs housing market, but evidence would suggest things are gradually returning to normal, at least in terms of property values which are heading in the right direction following an extensive period of stagnation. According to the latest figures released by Rightmove, which is […]

UK Property Market Could Benefit from ‘Blockchain’ Style Platform

A software start-up in the UK has suggested that the speed of property sales nationwide could be doubled with the introduction of a new blockchain-style platform. Coadjute, the company behind the proposed ‘proptech’ platform, announced a deal this week that could put the software into increased use in the future. […]

Government Urgent to Clamp Down on Rogue Estate Agents

Ministers in the United Kingdom are once again under fire for failing to roll out important reforms outlined in 2018 by Lord Best, which afford greater protections to customers working with estate agents. A recent episode of BBC Radio 4’s Money Box program highlighted the extent to which unsuspecting customers […]

Are Developers Deliberately Misleading Leasehold Property Buyers?

A worrying report published by the Competition and Markets Authority (CMA) suggests that a growing number of leasehold property buyers are being deliberately misled by developers. Many buyers are being subjected to unfair treatment, while being charged excessive fees without reasonable justification. No specific developers or housing companies were named, […]

Section 21 Controversy Continues as Government Promises Reform

You would be forgiven for thinking that in this day and age, private landlords would have to have a good reason to evict tenants. For an alarming number of private tenants across the UK, this sadly isn’t the case. Recently highlighted by a BBC report published following a nationwide survey, […]

Revealed: The True Extent of the UK Housing Gap

The figures are in and are once again painting an unfortunate picture for potential first-time buyers across the UK. Already in the grips of a full-blown housing crisis, research suggests that the scale of the housing shortage in the UK will continue to grow indefinitely as the population swells. The […]

Personal Data Security Practices Remain Substandard, Officials Warn

The recent introduction of the General Data Protection Regulation (GDPR) and the Data Protection Act 2018 are apparently having little to no bearing on the personal Data Security practices of many organisations in the UK. Particularly where insolvency is concerned, practitioners and FCA-authorised firms are still breaching even the most […]

RICS Reports Post-Election UK Housing Market Improvement

It is safe to say that the Conservative Party’s landslide victory at the December general election represented a doomsday scenario for Remainers. For the first time, there is little to no doubt whatsoever that the United Kingdom will indeed leave the European Union at the end of January. But far […]

How Labour and the Conservatives Plan to Tackle the Housing Crisis

Both the Tories and the Labour Party have outlined in their respective manifestos how they plan to tackle England’s housing crisis, should they be successful in this month’s election.  For the Conservatives, Boris Johnson has promised to build at least a million homes over the next five years, while introducing […]

Why A Flat In Folkestone Valued At £161,000 Is Still Unsold at Just £59,000

As the first buyer of a new McCarthy & Stone retirement development in Folkestone, you would expect to be offered a great deal. A forward-thinking retiree was offered an ‘early bird’ discount of £3,000 for a one bedroom flat. This took the total asking price of the flat to £161,950 […]

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