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Nick Harris Appointed by Reed Smith London

Reed Smith, the global law firm, has appointed Nick Harris as a partner in its London Real Estate practice. Nick represents a broad range of clients, from private investors and entrepreneurs to developers, property companies and occupiers, across the office, residential, retail and leisure sectors. Clients Nick has acted for include Almacantar, Berkeley Homes, Commercial Estates Group, Napier Capital Management, The Kingdom of the Netherlands and TK Maxx. “We are excited to have Nick on board in London. He has…

What Makes Brits Pay More for Rent?

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The house price inflation has outpaced wage growth in many parts of the UK throughout the last ten years; therefore more and more Brits are treating rental properties as a long-term solution to their living requirements. For this reason, it is important for landlords and developers to keep in mind how they can meet the basic expectations and keep the tenants satisfied. In order to find out what features and facilities tenants would like to be included in their rental…

McCarthy and Stone Raises Over £250m for Charity

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The team at McCarthy and Stone in Buckinghamshire has helped raise more than £250 million for Royal Voluntary Service, with which they partnered up in 2017 to celebrate the retirement housebuilder’s 40th anniversary. The North London region organised activities such as a 100km cycle ride, which raised an incredible £13,000. Over the course of seven and a half hours, the team of cyclists stopped off at McCarthy and Stone developments in Biggleswade, Letchworth, Stevenage and Knebworth before returning to Hatfield,…

Report Suggests Major Market Changes

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A report issued by an independent British think tank, the Resolution Foundation, suggests that the UK’s housing sector needs to be reformed so that young people today can afford to buy a home. It also shows that the choice in the lettings market does not meet demand. The solution mentioned in the report is the introduction of indeterminate tenancies as the sole form of private rental contract available in England and Wales, following Scotland’s lead, as well as compulsory local…

Housing Plus Group Nominated for Three Awards

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Housing Plus Group, the social housing and care provider based in Staffordshire and Shropshire, has been shortlisted for three national awards in the Inspire Awards. Property Plus, the Group’s repairs and maintenance division, has been shortlisted for the Most Inspiring Employer Award, while Amy Griffith, senior operations manager with Property Plus has been shortlisted for the Most Inspiring Rising Star Award and the Group has been shortlisted for the Most Inspiring Housing Provider Award. The Most Inspiring Employer Award celebrates…

Demand for Commercial Property

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Bulleys, the commercial property specialists, claims that growing employment has contributed to increased competition for industrial space, higher property prices and more construction projects across the West Midlands. This comes after the Office of National Statistics (ONS) revealed that jobs in the region surged by 34,000 to 2.72 million in the three months to February. This claim is also supported by the latest quarterly survey by the Royal Institute of Chartered Surveyors (RICS), which announced that there had been an…

Housing Market Booms

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According to Andre Benest, managing director of Benest Estates, the housing market is experiencing a boom similar to pre-recession activity, with some properties being snapped up within 24 hours. Market activity has increased over the last 18 months, particularly within one, two and three bedroom properties. The contributors to this prosperous time could be the increased confidence among employers, more investment purchasers and UK and international politics. The news comes at the same time as the petition to build more…

AIG Life and Neilson Financial Services Partner up for Over 50s Marker

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The owners of the British Seniors Insurance Agency brand, AIG Life and Neilson Financial Services, have partnered up in a three year deal to provide life protection products in the UK to the over 50s market. This expands on AIG Life’s existing partner relationships to provide life and critical illness protection for NFU Mutual customers, Royal Bank of Scotland, NatWest and Ulster NI banking customers. From now on, AIG Life will be the sole life insurance provider for protection products…

City with the Highest Growth in House Prices

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Hometrack has announced that in the past 12 months house price inflation rose from 3.7% to 5.5%. The leader of this growth in prices is Edinburgh with 8.1% over the last years. Other cities that posted strong results include Nottingham with a year on year growth of 8%, Manchester with 7.4% and Birmingham with 7%. The only two cities that saw a fall in house price growth were Aberdeen with -6.9% and Cambridge with -1.2%. Cardiff, Leeds, Newcastle and Sheffield…

Affordable Homes Need More Funding

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In order to solve the housing crisis in the UK, funding for councils to build more affordable housing and restoring legal aid for housing advice are needed. The Labour Party has already put forward a number of policies related to these issues as part of its plan to ensure everyone has the right to a safe and decent home. In a speech in Manchester, the Shadow Justice Secretary Richard Burgon said that the withdrawal of legal advice in many housing…

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