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

2019 was a year of recovering rental values following the drop observed in 2018. The DPS (Deposit Protection Service) reports a 1.4% increase in rents in 2019 (Q42018 to Q42019). Average monthly rent in the UK is now £773, or £672 excluding London. London continues to be the most expensive region to rent with average monthly rents of £1,345. The North East is the...
Average #houseprices across the UK rose by 2.2% in the 12 months to November  2019, the highest level of growth recorded in over a year. Is it time to have your property valued? Contact us for your free valuation and marketing advice meeting
4.6 million households now live in the private rented sector, and their property is increasingly home for longer. Data from the recently-released English Housing Survey indicates the average number of years a private sector tenant has been in their current home is 4.4 years, up from 3.7 years back in 2010/11. Over half (56%) of renters plan to purchase a property in the future,...
After a decade of decline, the proportion of 25–34 year olds in owner occupation is now equal to the proportion in the private rented sector across England. 727,000 first-time buyers acquired keys to their first home in the year to March 2019. The average age of a first-time buyer is 32 years outside of London and 37 years in the capital. On par with a year ago, 45% of all...
Estate agents’ fees for selling a property can vary wildly. I’ve even seen agents advertising fees of £99. There is no way in my opinion, any agent doing their job properly can charge £99 and make money. To do so they would have to cut more corners than a Grand Prix driver in several key areas just to break even or reduce their losses. For a property to achieve...

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