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

HMRC estimated 46,230 sales in May, 25% higher than April. With plenty of pre-lockdown sales still to complete and Dataloft Demand Index reporting a huge surge of consumer interest in the housing market, the total could rise by 60% in June. 9,250 sales exchanged per week in April when the UK was in lockdown. Assuming the same rate in the first three weeks of May (professionals not fully...
Currently only 31% of Britons' second homes are purchased in the UK. With staycations on the rise, accelerated by Covid-19, could we see an increase in holiday homes purchased in the UK? Pre Covid-19, the number of people holidaying abroad was slowing. In 2019 there was the slowest growth in UK residents holidaying overseas since 2012 and in January 2020, there was the lowest monthly...
 Pre-pandemic a quarter of tenants moved less than 1 mile and 5% moved from overseas, will the patterns change? In the UK 25% of tenants move less than 1 mile, the North East has the highest proportion of local tenants, 32%. In the UK 24% of tenants move over 25 miles, the North West is the most footloose region, 32%. In the UK 5% of tenants move from overseas compared to 9% in...
Father's Day is taking place on Sunday 21st June. Many will be looking forward to a socially distanced meet up, but with more than a quarter of young adults still living with parents, there is no need. In the UK, 3.5 million young adults, aged between 20 and 34, live with their parents. This has increased by 46% over the last 2 decades. More young adults live with parents as they are...
Mortgage products are returning following a collapse in availability during lockdown. 77% of mortgage brokers expect lending to return to pre-pandemic levels within nine months. The increase in mortgage products will be slow and steady, lenders are prioritising existing customers and the back log of around 350,000 sales which did not complete during lockdown. An example of mortgages...

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