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Calls for tax relief for landlords
Published: 13.07.09
The Association of Residential Letting Agents wants the government to introduce tax incentives for landlords after a survey found that almost two thirds, some 61%, would do so if they were to receive tax relief.
Prime London rents tumble
Published: 25.06.09
The cost of renting a home has continued to fall as UK householders let out their homes in a bid to beat the recession.
Knight Frank has reported that prime central London rents fell by 7.4% during the first quarter of 2009.
Mortgage approvals up
Published: 03.04.09
Figures released today by the Bank of England bring some much-needed good news to the housing market after mortgage approvals for house purchases were higher than expected last month.
Surprise rise for house prices
Published: 03.04.09
House prices rose for the first time since 2007 in March in a surprise bounce, although experts warn there may be further falls to come.
According to the monthly house price index from Nationwide, the price of a typical house rose by 0.9 per cent in March, reducing the annual rate of fall from 17.6 per cent to 15.7 per cent.
This brings the price of the average house to £150,946, the first rise since October 2007.
Fionnuala Earley, Nationwide's chief economist, said: "The moderation in the annual rate of fall is somewhat distorted by conditions last year and so it would be unwise to draw strong conclusions from the significant slowdown in the annual rate of fall.
"Equally, while the rise in prices in March is welcome, it is far too soon to see this as evidence that the trough of the market has been reached."
Strong measures taken by the Bank of England to ease economic tensions will help the housing market, Ms Earley added, but these will take time to filter through.
Sean Purtill, Managing Director at Ellisonâ??s estate agents, said: "Itâ??s certainly a ray of sunshine, but nobody is going to pop the champagne corks quite yet.
"Looking at the state of the economy, it is impossible to believe this bounce will be the start of a sustained rise in prices. However, there is no doubt that the Nationwide's March figures are a reflection of the growing number of positives we are seeing on the ground."
Mortgage approvals were up in February, after months of decline, while buyer interest in the market has also been rising.
"People are genuinely looking again, sensing now could be the opportunity of a lifetime, mortgage rates are historically low and mortgage approvals are up. Things are a lot more buoyant than they were even three to four months ago," Mr Purtill added.
The rise in mortgage approvals from the depths touched in the latter part of 2007 still leaves the level of mortgage activity way down on anything experienced in previous recessions.
Meanwhile, despite the modest increase in prices in March there remains a general expectation that the bottom of the price cycle has yet to be reached.
A key issue going forward will be how rising unemployment balances the improvement in housing affordability in driving activity in the marketplace.
There also remains the issue of first-time buyer accessibility to the market which is unlikely to be resolved in the near term. Penal interest rates on loan to value ratios in excess of 75 per cent will continue to act as an impediment for many potential homebuyers who want to take their first step on the property ladder.
03/04/2009
Wimbledon Period Property
Published: 07.04.08
South Park Gardens Wimbledon is a honey spot for buyers. Queens Road and Princes Road tucked appropriately behind the King and Dudley, this whole area was designated a conservation area in 1984.
Lettings in Wimbledon
Published: 05.03.08
The Wimbledon area is ripe for investment. Ellisons currently have hundreds of quality tenants searching for suitable homes. Every day five thousand potential purchasers and tenants visit Ellisons.uk.com
Luxury Flats in Morden
Published: 05.03.08
A stunning new development of sixteen luxury apartments in Morden, Surrey. This Gothic style country mansion is nothing short of a tranquil oasis in the Capital.
Sales in Wimbledon
Published: 05.03.08
This breathtaking family home in SW19. This is a home for entertaining. Close to South Park Gardens and Wimbledon Town Center.
Summer 2007 Newsletter
Published: 05.06.07
We now find ourselves in the busiest time of the year before the summer holiday decline that normally affects the level of demand from buyers in July and August and we thought our summer edition Property Spectrum would be of interest to you.
With HIPs now delayed until August 2007 and only being appropriate for clients with 4 bedroom properties or bigger, we feel that this is a good development as it will allow us to concentrate on a lower number of HIPs applications and it will ensure that clients don't experience more than 2-3 days delay.
We are still experiencing a shortage of supply and an enormous demand for properties in your area. We can offer advice on buying, selling, renting, mortgages etc., and if we can assist on any property related matter, please do not hesitate in contacting us.
Spring 2007 Newsletter
Published: 08.02.07
2006 was our most successful year yet so were delighted to celebrate some of its highlights with this special edition of The Property Spectrum. We were proud to take pole position as Top Selling Agent in Raynes Park last September and played a pivotal role in acquiring land for a brand new flagship medical centre
Winter 2006 Newsletter
Published: 13.12.06
There are few towns that can boast their own theatre and cinema as well as superb shopping facilities, international food markets, health clubs, bars and restaurants. Wimbledon town centre has it all and really comes into its own at this magical time of year.
New Development Bishopsford House
Published: 03.11.06
Exceptional spacious apartments with glorious views over parkland. Within minutes walk of Wimbledon and Croydon Tramlink.
Summer 2006 Newsletter
Published: 24.08.06
Ellisons Shortlisted for Agent Of The Year!
Published: 30.11.05
Ellisons are proud to announce that once again we have been recognised by independent industry leaders, property journalists and the National Association of Estate Agents.
Ellisons Scoop Agency Oscars!
Published: 11.08.05
Ellisons is delighted to announce it has won a prestigious award for Best Estate Agency Innovation, at the UK's first national awards scheme for estate agents. The country's best estate agencies were announced on Friday 26th November, in a glittering awards ceremony hosted by BBC news presenter Fiona Bruce at the Brewery in the City of London. Attended by 350 delegates from across Britain, the Estate Agency of the Year Awards are set to become a major event in the estate agency calendar. The judging panel comprised independent industry luminaries such as the chairman of the National Association of Estate Agents (NAEA).
Rental Returns On The Up.
Published: 04.04.06
Ellisons landlords enjoying improving rental returns with a constant demand from quality tenants.