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

Back in 2008/09, almost half (45%) of homes built in the year across England and Wales were flats, with the majority of these having two bedrooms. The shift in government policy a number of years earlier had resulted in higher density housing on brownfield and urban sites. Many developers were building with investors in mind, as investors flocked to buy city centre flats. Move on ten...
This graphic shows the average rents different property types have achieved in Bromley from July 2018 to June 2019,  Detached properties achieved an average monthly rental of £1801 pcm, flats £1060 pcm Semi- detached £1345 pcm.  The interesting fact is terraced houses achieved a higher average monthly rental at £1475pcm than semi detached properties which as...
The number of properties let part or fully furnished across England and Wales is increasing, accounting for 31% of properties let over the past year, up 3% year on year. The proportion of apartments let furnished remains over twice that of houses. The proportion of properties let furnished has increased in all regions of England and Wales, except for Yorkshire and the Humber, which has...
At £6.3 billion, the total value of lending in 2019 by the so-called ‘bank of Mum and Dad’ is set to be half a billion higher than in 2018, making it the UK’s 11th largest mortgage lender. 77% of lending is to home movers, not first-time buyers. The bank of Mum and Dad is expected to contribute to 259,400 property purchases this year, a 20% fall on 2018, yet their...

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