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UK property news

David James is your source for all the latest news on the UK property industry including the latest trends, house prices and valuations, ideas to help you sell your home, and tips for landlords. Whether you're buying, selling, renting, or looking to let out your home, you'll find useful information on this page.

Established in 2004, David James Estate Agents specialise in both property sales and lettings. We are industry experts; whether you're looking to move or let out your home, let us know the questions you need help answering.

 

Latest news at David James Estate Agents in Bromley

The July Sentiment Survey by Royal Institution of Chartered Surveyors, gauging the mood of agents, showed a significant pick-up in the housing market. The stamp duty holiday has increased demand in July, agents report a significant increase in new buyer enquiries and new instructions. Agreed sales have also risen, indicating recovery in transaction levels. Agents expect sales to...
A fall in construction between April and June means fewer new builds will be coming to the market in the short term. With Covid-19 disrupting house building, Boris Johnson has made construction a priority. Energy Performance Certificate registrations are a good indicator for net additional dwellings. The latest data shows 37,588 fewer new build registrations in England in Q2 2020 than Q2...
Transactions have increased, mortgage approvals are up and house price growth looks strong. With the stamp duty holiday creating increased demand, we expect this positive trend to continue. Nationwide house price index showed an annual increase of 1.5% in July. This follows some cautious June figures, -0.1% annual increase. 40,010 mortgages were approved in June. That’s 331%...
The stamp duty holiday has led to a 14% surge in calls and emails to agents. Properties priced between £400–£500k have seen the biggest increase in interest, 49%. In 2019 they only represented 8% of sales, therefore we may see a shift in the distribution of transactions in 2020. Properties priced between £500–£750k have also seen a surge in interest,...
With just over 35 weeks of the stamp duty holiday left, and with the average property taking 18 weeks to sell, vendors have 17 weeks to list their properties if they want to make the most of the stamp duty holiday. According to The Advisory, the average time to sell a property, from first day of marketing to completion, is between 16 and 25 weeks. In a hot market, it can take on average...

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