PRS REPORT: Propertymark members reported the number of new prospective tenants to be at an all time high. Jumping to 97 from April's figure of 82, the average number of tenants per branch was the highest figure on record for the month of May.
HOUSING REPORT: One in three properties sold for more than the asking price, which is the highest ever recorded figure in May and a slight increase on the 32 per cent reported in April.
PRS REPORT: Our April report continues to show no sign of demand slowing down in the rental market with a record-breaking number of new prospective tenants for the month of April.
HOUSING REPORT: One in three properties (32 per cent) sold for more than the original asking price—the highest figure on record which massively raises the bar from 19 per cent set in May 2014.
The first NAEA Commercial quarterly survey launched in March. Propertymark is delighted with the response from NAEA Commercial members, at what is an extremely busy time for commercial agents.
PRS REPORT: Our March report shows no sign of demand slowing down in the rental market with the number of new prospective tenants rising for the third month in a row.
HOUSING REPORT: One in six properties sold for more than the original asking price, which is the highest recorded since May 2014.
PRS REPORT: February's Private Rented Sector Report shows no sign of demand slowing down in the rental market.
HOUSING REPORT: The effect of the property tax holidays sees the housing market continue to flourish with further records and all-time highs.
Housing markets are flourishing, with many experiencing high levels of demand and houses being sold on a best and final offer basis in much of the UK. Following the UK Government budget at the start of March, the latest figures for England continue to show growth.
PRS REPORT: Our first Private Rented Sector Report of 2021 shows the number of new prospective tenants rose by more than 27 per cent compared to December 2020, indicating no sign of demand slowing down.
Research carried out by Propertymark over the last year found an average of 17 property sales fell through, with 42 per cent of respondents saying failed sales are a significant problem for businesses.
HOUSING REPORT: We welcome speculation in The Times that the Chancellor may extend the Stamp Duty Holiday in England until the end of June in next week’s budget.
We submitted our formal written representation to HM Treasury on new policy ideas for both estate and letting agents to be included in the UK Government’s Budget on 3 March 2021.
Ahead of the budget on 3 March, Propertymark has published its manifesto asking for ten changes the UK Government to make to support the housing sector. Principal changes are a continuation of the cut in stamp duty and extending the Help to Buy scheme to the second-hand homes market.
PRS REPORT: Our December report highlights the consistent theme throughout the COVID-19 pandemic in that agents and landlords are continuing to respect the financial position of tenants by preventing rent increases wherever possible.