@emmafildes Profile picture

Emma Fildes

@emmafildes

A property finder, advisor and fixer. In the Twitter sphere expect - UK property news, commentary, observations & analogies

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Pinned

UK #housepriceindex explained. For those who want to decipher fact from fiction when it comes to #property price trends.

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Despite planning reform & redrawing the green belt to facilitate more construction. The Office for Budget Responsibility currently is less optimistic about how achievable Governments £1.5m housing target is. Projecting instead that only 1.3m homes “will be built across the UK…

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A room with a view could cost you an additional 25% on the avg house price if your home is in a national park in England and Wales. By association, property on the periphery also benefit, prices up 7% here. ⁦@marksweneytheguardian.com/money/2024/nov…


This week prices were reported to have been on the rise, but with mortgage rates also increasing, any further growth looks set to be curtailed in the short term and restrained in the long term. For the many who hoped for a break from inflationary rates come the end of year, this…

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Bailing Landlords looking to exit before section 21 notices are abolished next year have led to an increase in eviction notices between July and September to 8,425 from 8,317 between April and June. In reaction to this the Law Society has called for a £4.3m legal aid boost for…

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Asian buyers prop up the PCL market as EU members look elsewhere. Indian and Chinese buyers looking to escape the heat or educate their offspring are making the most of recent price “adjustments” to snap up a base in the capital @melyork @Hamptons1869 @thetimes

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One in the eye for taxpayers - Robert Jenrick paid £15.4m for the abandoned prison site Northeye in Bexhill, a year after the Ministry of Justice paid £6m for it. Desperate to find housing for asylum seekers he neglected to do any due diligence which would have shown the site to…

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Homeowners get their house in order for winter or to be ready to list in the Autumn. Monthly construction output in the @ONS Construction Output Price Index estimated growth of 0.1% in volume terms in September 2024; lead by an increase in repair and maintenance (0.4%) as new…

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October 2024 caused some budget and Trump anxiety, which caused spikes in the UK's swap readings, and all those looking to move on.

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London-focused developer, Galliard Homes, takes a £11.3m hit to its pre-tax profit and expects the housing market to “remain challenging during the rest of 2024 and 2025”. @housing_today bit.ly/3AHRa5q

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Another dark day for those looking to borrow. According to @MoneyfactsPress overnight the average 2-year fixed residential mortgage increased to 5.48% ⬆️ from 5.44% and the average 5-year fixed residential mortgage rate also increased to 5.21% ⬆️ from 5.17%.

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Looking at the rental sector - increases in rates and overall costs now, and in the EPC future have meant more landlords are jumping ship despite demand steadily increasing. The budget saved Landlords from capital gains increases enabling those who want out while restraining…

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In the latest @RICSnews Residential Market Survey for October 2024, prices appeared to be creeping up in every area of the UK with the exception of Yorkshire and the Humber, and the South West, with figures indicating decreasing prices (-23% and -4%, respectively) This…

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Moths squatting in a £36m Notting Hill mansion remain insulated from the court room drama between a seller and buyer who are finding holes in each other’s versions of the moths existence & refusal to be evicted prior to the sale. ⁦⁦@ccdaviestheguardian.com/uk-news/2024/n…


The consensus that the BoE would trim the base rate in Nov was proved correct. The lack of certainty around the next has caused swap rates to swing up causing Santander & TSB to follow in the footsteps of Coventry and Accord Mortgages by increasing their fixed price deals by up…

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