View more on these topics

New property listings rise in February: Housesimple

The number of new properties listed for sale rose in February, according to Housesimple.

Data collected by the firm shows that new property listings rose by 11 per cent nationwide between January and February – from 52,207 to 57,992.

In addition, the amount of new stock in London rose by 8.1 per cent in the same time frame, from 21,677 to 23,440.

The figures show that across the country, Huddersfield saw the largest increase in property listings between January and February, reporting a 56.8 per cent rise. This was followed by High Wycombe at 54.5 per cent and York at 50.6 per cent.

Housesimple points to the regional differences in the property market, with two of the top three locations in the analysis being in Yorkshire.

Within London, Sutton posted the largest increase month-on-month with a 26.8 per cent rise, closely followed by Havering, at 21.3 per cent.

Housesimple chief executive Sam Mitchell comments: “Seller activity picked up in February as we head towards the traditionally busy spring period.

“Brexit uncertainty is feeding through to some areas of the country, particularly in and around London, where transaction levels have dropped off compared to the same time last year, but that is not the picture everywhere.

“We are seeing a great deal of defiance from sellers, most noticeably in areas where regional economies are strong, and affordability is not such an issue.”

Recommended

Bank-of-England-BoE-Building-Horse-700x450.jpg

Bank of England base rate held at 0.75%

The Bank of England’s monetary policy committee has voted unanimously to keep the base rate at 0.75 per cent. The rate has stayed at this level since it was raised from 0.50 per cent in early August last year. The meeting minutes show that the committee believes that the softer growth seen both domestically and […]

Countrywide earnings down 50%

Embattled estate agent Countrywide has revealed that earnings halved during 2018. The group’s annual report details that adjusted earnings before interest, taxes, depreciation and amortisation totalled £32.7m in 2018 compared to £65.6m in 2017. The group also reports losses of £218m during 2018 compared to £207m the year previous. Billing 2018 as ‘a year of […]

Guide cover

Guide: how to… communicate with your pension members

Effective communication of your pension scheme is a large part of getting auto-enrolment right. Delivering the same message to all employees is not necessarily the way to go. To assist you with the communication of your pension scheme, we have provided some key areas to think about, such as:

  • What to consider when segmenting your workforce
  • How to communicate to pension scheme members at the right time in their member lifecycle
  • What topics you should be discussing with your pension members
  • The new pension freedoms and the importance of communicating them

Newsletter

News and expert analysis straight to your inbox

Sign up