Carl Potter

Monday Market Review: Key figures & findings from the last seven days: Catch up on all the latest movements and commentary in less than five minutes, featuring data and analysis from the RICS, TwentyCi, Knight Frank, Prime Purchase, Savills, Hamptons, Halifax & more...

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The UK is experiencing an undersupply of homes, contributing to higher private rents. Rent controls are being considered to make private sector rents more affordable. Read our article on the topic to understand whether or not this could mitigate the challenges the market is currently facing: https://cbre.co/4bCiizM #Renting #Investment #UKHousingMarket

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#JDWJournal | Head of Sales, Jimmy Waight discusses how the peak of the spring market presents an opportune time for both buyers and sellers to make significant moves in the property market. Click here to read more 👇 https://lnkd.in/epF-zPwY #johndwood #spring #sales #estateagent #property #propertymarket

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🏡 Periodic Tenancies Discussed during Renters’ Rights Bill second reading. During the second reading, MPs raised concerns over moving to periodic tenancies. Propertymark believes this shift could destabilize tenancies, leading to rent hikes and properties effectively becoming short-term lets, which, with limited supply, will drive up rents for individuals, couples and families looking for a long-term home. Housing Minister Matthew Pennycook, MP, has made clear that there is a need for further discussion around student tenancies as the Bill progresses. We will continue to keep ARLA Propertymark members informed as developments are made. #RentersRightsBill #PrivateRentedSector #Landlords #Tenants #PeriodicTenancies

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#News: Global real estate firm Avison Young │UK has been appointed by #Liverpool City Council as its Strategic Property Partner to drive forward the development of the authority’s city-wide property portfolio. Avison Young, which has had a strong presence in Liverpool City Region for many years, brings considerable strategic and market-led expertise to this appointment, combining local knowledge and global vision to deliver real economic, social and environmental impact. The appointment, which comes on the eve of #UKREiiF – the UK’s leading real estate and property event – will support the Council to deliver ambitious plans for further investment in, and improvements to, its buildings and spaces, working collaboratively to shape plans and inform policy over the next three years. Avison Young has already been managing the council-owned Spine building in #PaddingtonVillage, in the city’s Knowledge Quarter, since January, and will now be looking at how best to improve commercial return from its property portfolio, such as the Grade I listed Cunard building to Croxteth Country Hall. The appointment follows the recent announcement that Liverpool City Council’s commissioner-led intervention will end in June 2024, with Government Commissioners confirming to the Secretary of State that the Council is a “well-governed, improving organisation, with ambitious leaders committed to long-term change.” The Council’s Cabinet has also approved the introduction of a Property Improvement Plan, a significant milestone which will enable the Council to accelerate its regeneration priorities, drive place-based investment, support the economy and local businesses, and promote better outcomes for communities. As a trusted advisor firmly embedded in Liverpool’s culture and economy, Avison Young will support the Council to implement the Property Improvement Plan and to advocate for its long-term success. The remit of Avison Young’s work will include co-designing the development of a strategic approach to the management of the Council’s property assets, the design and roll out of a new Corporate Landlord model and to provide real estate advice on the Council’s workplace strategy. The firm will also provide senior experienced resources to augment the Council’s existing staff to support on valuation and property management activities. This external appointment will contribute to improved data quality to enable effective decision-making, increased efficiencies in terms of the use of the Council’s buildings and spaces and strengthen the resilience of its property management team. https://lnkd.in/e9457e4s #TheNextChapter Nuala Gallagher I Sophie Bevan I Kate Bull I Rebecca Cosgrove MRICS I Ian Williams I Jacqui McKinlay I Camilla Mankabady I Jenny Turnross I Anne Marie Lubanski I Stephen Cowperthwaite I Louise Pilgrim I Knowledge Quarter Liverpool (KQ Liverpool) I

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Proud to partner with HomeViews and Rightmove on this report, revealing what residents value most when looking for BTR homes and how the sector can better explain and market the BTR product.   Key questions addressed inside: How do residents search for and find BTR homes? What matters most before moving in – and after? Where do they go after living in BTR? What can we learn from the above to guide more home hunters to BTR?   Download now: https://lnkd.in/dKmHvq-T    #BuildToRent #BTRInsights #BTRResidents

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Rent review clauses and RPI in #commercialleases. Please click below and read our blog on how a rent review clause allows a #landlord to reassess the annual rent payable by the tenant during the #lease term. https://lnkd.in/eBRwuBx6

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🏗️ Construction Trends 2024: Private Housing Sector Sees Growth Amid Overall Decline 📈🏡 Despite a slight overall decline in construction output, the private housing sector shows resilience and growth. The Office for National Statistics (ONS) reported a 1.4% increase in private housing construction output for Q1 2024, totaling £8.2bn in work. From January to March 2024, overall construction output fell by 0.9%, with March alone seeing a 0.4% drop. However, new work in private housing surged by 3.5% in March, amounting to nearly £2.8bn. In contrast, the private commercial sector saw a marginal 0.1% rise in March but experienced a 5.3% decline over the quarter, with just under £5.6bn in work. Repair and maintenance work in private housing also grew significantly, with a 4.9% increase in Q1 and £2.8bn in work completed in March. On the other hand, non-housing sectors saw a 3.3% reduction in activity. The ONS attributed the overall decline in construction output to adverse weather conditions in February and March, which caused delays due to heavy rainfall. 📰 Read in full @https://shorturl.at/vNH6b 🔗 Shankar Devarashetty Venkat Pabbathi BEng, MSc, MCIOB, PMP ✨ For expert property services, trust Oasis Developers – your premier partner in construction and development! ✨ #Construction #PrivateHousing #ONS #RealEstate #OasisDevelopers #PropertyManagement #IndustryTrends

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Monday Market Review: Key figures & findings from the last seven days: Catch up on all the latest movements and commentary in less than five minutes, featuring data and analysis from Savills, Knight Frank, Property Vision, the OBR, Nationwide, UK Sotheby's International Realty & more...

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Savills recently published a revised house price forecasts for 2024–2028. Improving economic outlook and lower debt costs boost house price growth prospects. The UK housing market has performed more strongly than many anticipated so far this year. https://zurl.co/xi4e #UKHousingMarket #RealEstateTrends #Pauzible

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Our latest video with Leslie Schroeder, our Head of Residential Research, provides an insight into the UK residential housing market, with a special focus on the Southwest region, particularly Bath where one of our 33 offices is situated. Watch below to see why we believe the housing marketing is heading in a positive direction, or click here to read our latest full residential update: https://lnkd.in/e4nBdsAN #UKHousingMarket #UKPropertyMarket #HousingTrends

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