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House prices hit ‘highest ever levels’ in July 2020 and UK housing market bounces back

Monday 10th August 2020

UK house prices hit their highest levels ever in July, according to mortgage lender Halifax this morning, but how much longer can rising values be sustained?By Louisa Fletcher, Property Expert for Express UK With the property market mini-boom in full swing and the Governor of the Bank of England, Andrew Bailey, providing a more positive than anticipated update yesterday about the general health of the economy, it would appear that consumer confidence is surging. As the &

Click Above: Enquiries in airspace development on the rise

Wednesday 29th July 2020

In the weeks since the UK government confirmed that a new permitted development right (PDR) would allow upward extensions of two-storeys on existing blocks of flats, leading airspace developer, Click Above has witnessed a three-fold increase in enquiries from freeholders looking to realise the value of the development space above their existing investments. Coming into effect on August 1st 2020, the new PDR has been long mooted and subject to a lengthy consultation. In essence, it enables prop

Pent-Up Demand And “Mini-Boom” Evident As First-Time-Buyers And Investors Show Strong Interest In Slough

Tuesday 28th July 2020

Pent-Up Demand And “Mini-Boom” Evident As First-Time-Buyers And Investors Show Strong Interest In Slough CLICK, which is developing a landmark development in central Slough, has reported strong market interest in-light of the recently reported “Mini-Boom” in the housing market. Daily enquiries now stand at double the level experienced before the lockdown. The homes located on Herschel Street, will become known as Aspire and have already attracted a strong level of inter

Click Above speak to Property Week about what the new airspace PDR mean for resi developers.

Thursday 23rd July 2020

What does new airspace PDR mean for resi developers? On 1 August, a new permitted development right (PDR) comes into force, which will allow additional storeys to be built on top of buildings without the need for planning consent. The new PDR, which applies to detached residential blocks built between 1 July 1948 and 5 March 2018, was announced by housing secretary Robert Jenrick in early March. At the time, The Guardian wrote that it was “expected to transform the skyline of residential

Airspace developer enjoys three-fold increase in enquiries due to PDR changes

Wednesday 22nd July 2020

In the two weeks since the UK government confirmed that a new permitted development right (PDR) would allow upward extensions of two-storeys on existing blocks of flats, leading airspace developer, Click Above has witnessed a three-fold increase in enquiries from freeholders looking to realise the value of the development space above their existing investments. Coming into effect on August 1 2020, the new PDR has been long mooted and subject to a lengthy consultation. In essence, it enab

House prices bounce back to hit new high: Mini Boom ‘set to continue’

Monday 20th July 2020

House prices are at a record high as the property market goes through a mini-boom, experts reveal. The typical asking price of a three-bedroom semi rose to £320,265 - £7,640 more than the figure in the week before lockdown in March, according to property analysts Rightmove. The average asking price was £312,625 — also a record — just before the market was put on hold in March to help limit the spread of coronavirus. By SARAH O’GRADY, Daily Express Social

Development Finance Today: Click Above reports three-fold increase in enquiries ahead of new PDR change

Tuesday 14th July 2020

Click Above reports three-fold increase in enquiries ahead of new PDR change Click Above has seen a three-fold increase in enquires from freeholders looking to realise the value of the development space above their existing investments since the government confirmed a permitted development right (PDR) would allow upward extensions of two-storeys on existing blocks of flats. The new PDR that comes into effect on 1st August 2020 will enable property owners to progress with upward extensi

Could building in Airspace be the answer to UK'S housing problem?

Monday 13th July 2020

In the two weeks since the UK government confirmed that a new permitted development right (PDR) would allow upward extensions of two-storeys on existing blocks of flats, leading airspace developer, Click Above has witnessed a three-fold increase in enquiries from freeholders looking to realise the value of the development space above their existing investments. Coming into effect on August 1 2020, the new PDR has been long mooted and subject to a lengthy consultation. In essence, it enables pro

Chancellor Rishi Sunak unveils UK emergency stamp duty holiday

Wednesday 8th July 2020

Photo: PAOn Wednesday, July 8t, Chancellor Rishi Sunak announced a thorough plan to kickstart the economy. Key measures include a stamp duty holiday, green investment and help for young workers.The emergency stamp duty holiday, which will help revive the property market, is exciting news: homebuyers will be temporarily exempt from paying said tax for the first £500,000 of any property price, promoting an average of £4,500 savings. Running until the end of March 2021, the increas

New Permitted Development Airspace Rights as of August 1st 2020

Monday 29th June 2020

NEW PERMITTED DEVELOPMENT AIRSPACE RIGHTS Following the long awaited consulation, the Government have introduced a new Permitted Development Right (PDR) to enable upwards extensions and airspace development on detached blocks of flats that will come into force on the 1st August 2020. Changes to Permitted Development Rights as a means of increasing housing output and addressing the crisis in housing supply, is a great opportunity. The need for more homes is acute and where an opportunity to inc

First-time Buyer Guide: tips for how to get onto the property ladder

Wednesday 20th May 2020

Is now a good time to buy? Up-to-date advice on deposits, mortgages, viewings and more?Y?our pub money is tucked away in a high-interest savings account and you’ve heard that house prices could fall. Are you gazing wistfully up at the property ladder wondering if now is the time to grab on to the first rung? We’ve compiled the ultimate guide to buying your first home now, with up-to-date information on the post-Covid-19 market, the financial help available and how to go househunting

Lenders kick-start mortgage deals

Thursday 23rd April 2020

Lenders kick-start mortgage deals Some big lenders have begun reopening their doors to British borrowers, making it easier to get a home loan. At the start of the coronavirus lockdown, several scrapped deals or only offered loans to those with large deposits. But this week Nationwide, Halifax, Virgin and Santander all made it easier for people to qualify for a loan. "Lenders are adapting and innovating," said broker Mark Harris of SPF Private Clients. Nationwide resumed loans at 85% loan-to

House prices hit ‘highest ever levels’ in July 2020 and UK housing market bounces back

Click Above: Enquiries in airspace development on the rise

Pent-Up Demand And “Mini-Boom” Evident As First-Time-Buyers And Investors Show Strong Interest In Slough

Click Above speak to Property Week about what the new airspace PDR mean for resi developers.

Airspace developer enjoys three-fold increase in enquiries due to PDR changes

House prices bounce back to hit new high: Mini Boom ‘set to continue’

Development Finance Today: Click Above reports three-fold increase in enquiries ahead of new PDR change

Could building in Airspace be the answer to UK'S housing problem?

Chancellor Rishi Sunak unveils UK emergency stamp duty holiday

New Permitted Development Airspace Rights as of August 1st 2020

First-time Buyer Guide: tips for how to get onto the property ladder

Lenders kick-start mortgage deals

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