PropertyBase_UK's profile picture. For all the latest property news

Property Base

@PropertyBase_UK

For all the latest property news

New stamp duty land tax surcharge for non-UK resident homebuyers to be introduced. (Source: GOV)

PropertyBase_UK's tweet image. New stamp duty land tax surcharge for non-UK resident homebuyers to be introduced.

(Source: GOV)

Investing in property in England as a short term measure is no longer better than savings rates due to prices falling. (Source: Royal London)

PropertyBase_UK's tweet image. Investing in property in England as a short term measure is no longer better than savings rates due to prices falling.

(Source: Royal London)

Rental growth in many areas of the UK is slowing down excluding London. (Source: Landbay)

PropertyBase_UK's tweet image. Rental growth in many areas of the UK is slowing down excluding London.

(Source: Landbay)

Oxford named as least affordable city to buy a house in the UK with an average house price of £460,184. (Source: Lloyds Bank)

PropertyBase_UK's tweet image. Oxford named as least affordable city to buy a house in the UK with an average house price of £460,184. 

(Source: Lloyds Bank)

Foxtons declared 2018 as one of it's toughest years in London, and warned conditions would remain challenging in 2019. Foxtons sales revenue for 2018 had fallen to £36m down a 5th from £43m in 2017. (Source: FT)

PropertyBase_UK's tweet image. Foxtons declared 2018 as one of it's toughest years in London, and warned conditions would remain challenging in 2019. Foxtons sales revenue for 2018 had fallen to £36m down a 5th from £43m in 2017.

(Source: FT)

London has retained its title as the world’s top destination for property investment. (Source: Evening Standard)

PropertyBase_UK's tweet image. London has retained its title as the world’s top destination for property investment.
(Source: Evening Standard)

Overall the number of people owing their own home in England has remain unchanged for the 5th year in a row. (Source: MHCLG)

PropertyBase_UK's tweet image. Overall the number of people owing their own home in England has remain unchanged for the 5th year in a row.
(Source: MHCLG)

LSL Property Services owners of brands Your Move and JNP & Reeds Rains will close 124 branches. Reasons for closures have been put down to slowdown in the UK's property market & shift to online searches. (Sourcr: Sky News)

PropertyBase_UK's tweet image. LSL Property Services owners of brands Your Move and JNP & Reeds Rains will close 124 branches. Reasons for closures have been put down to slowdown in the UK's property market & shift to online searches.
(Sourcr: Sky News)

Of the estimated 23.2 million households in England, around 14.8 million or 64% were owner occupiers in 2017/2018. (Source: MHCLG)

PropertyBase_UK's tweet image. Of the estimated 23.2 million households in England, around 14.8 million or 64% were owner occupiers in 2017/2018.
(Source: MHCLG)

The overall number of 25 to 34 years renting in the private sector has increased, from 28% to 44% from a decade ago. (Source: Ministry of Housing, Communities and Local Government)

PropertyBase_UK's tweet image. The overall number of 25 to 34 years renting in the private sector has increased, from 28% to 44% from a decade ago.
(Source: Ministry of Housing, Communities and Local Government)

Only 38% of 25 to 34 years olds own a property, down from 55% a decade ago. (Source: Ministry of Housing, Communities and Local Government)

PropertyBase_UK's tweet image. Only 38% of 25 to 34 years olds own a property, down from 55% a decade ago.
(Source: Ministry of Housing, Communities and Local Government)

55% of Landlords, believe that their profitability has been affected by regulatory change, but most still make a profit (Source: BM Solutions)

PropertyBase_UK's tweet image. 55% of Landlords, believe that their profitability has been affected by regulatory change, but most still make a profit
(Source: BM Solutions)

Mortgage lending in UK increased by 4.7% year on year in December. (Source: UK Finance)

PropertyBase_UK's tweet image. Mortgage lending in UK increased by 4.7% year on year in December.
(Source: UK Finance)

Rents in England and Wales increased by 1.8% in 2018 to an average of £865 per calendar month. (Source: Your Move)

PropertyBase_UK's tweet image. Rents in England and Wales increased by 1.8% in 2018 to an average of £865 per calendar month.
(Source: Your Move)

in 2014 around 52% of mortgage products were available to home owners aged up to 75 but now that has increased to 72% (Source: Moneyfacts)

PropertyBase_UK's tweet image. in 2014 around 52% of mortgage products were available to home owners aged up to 75 but now that has increased to 72%
(Source: Moneyfacts)

New £38m fund launched by the of London for community led housing in London. The fund is expected to unlock 500 community led homes by 2023. (Source: Property Wire)

PropertyBase_UK's tweet image. New £38m fund launched by the of London for community led housing in London. The fund is expected to unlock 500 community led homes by 2023.
(Source: Property Wire)

94% of Landlords operate as private individuals rather than part of a company or organisation and on average earn £15,000 a year before tax. (Source: Ministry of Housing, Communities and Local Government)

PropertyBase_UK's tweet image. 94% of Landlords operate as private individuals rather than part of a company or organisation and on average earn £15,000 a year before tax. (Source: Ministry of Housing, Communities and Local Government)

Help to Buy demand surges to 40% of new build homes sales, in the year to June (Source: Ministry of Housing, Communities and Local Government)

PropertyBase_UK's tweet image. Help to Buy demand surges to 40% of new build homes sales, in the year to June
(Source: Ministry of Housing, Communities and Local Government)

Around 35% of landlords in the UK’s private rented sector rely on brokers to help them find the best mortgage for buying a property to let (Source: Market Financial Solutions)

PropertyBase_UK's tweet image. Around 35% of landlords in the UK’s private rented sector rely on brokers to help them find the best mortgage for buying a property to let
(Source: Market Financial Solutions)

The no. of tenants experiencing rent increases fell for the 2nd month running in October, with 24% of agents reporting that landlords increased rents, compared to 31% in September and 40% in August (Source: ARLA)

PropertyBase_UK's tweet image. The no. of tenants experiencing rent increases fell for the 2nd month running in October, with 24% of agents reporting that landlords increased rents, compared to 31% in September and 40% in August
(Source: ARLA)

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