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

In the property world SSTC (or Sold STC) stands for "Sold Subject to Contract", meaning that an offer to buy a property has been accepted by the seller. At this early stage it is a verbal agreement rather than legally binding, hence the qualifying term "subject to contract". Nine in every ten home sellers expects to complete their property transaction within three months of their...
Just over 174,000 new homes were completed across England in the year to the end of June 2019, up 8% year on year, according to new data released by the Ministry of Housing Communities and Local Government. New home completions rose over the year across all regions except London, where completions were 9% lower than the previous year. The Welsh Government report 5,800 new homes were...
The government has announced an initiative to use proptech (property technology) to "digitally transform house-buying”, helping to speed up how we build and sell homes. However, research by KMPG suggests just 58% of real estate companies have a digital strategy in place. Most companies use prop tech to streamline processes and reduce costs but 40% cited customer engagement as a...
Parliament has dissolved and electioneering will be in full swing up to polling day on December 12th, the first December election since 1923. The price of a property has risen on average 3% annually since the last election in June 2017, a total rise of just over £13,000 (in the last 22 months to August 2019), equivalent to £500 per month. This is half the level of average...
Buy for Uni mortgages are now offered by three Building Societies. They allow students to buy a property while at university and pay the mortgage with the rent they charge other students. Of the 2.3 million students in higher education across the UK, over three-quarters, 1.84 million are students studying on full-time or sandwich courses. The majority require student digs during their...

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