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John Lewis backs smart homes

John Lewis is to open on Thursday 7th April 2016 the biggest retail space in Britian dedicated to internet-enabled home appliances.  The department store chain said an 81% increase in sales of “smart home” gadgets had inspired it to set aside, 1,000 sq ft in its flagship store on London’s Oxford Street for “internet of […]

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Landlords’ stamp duty bill blow

Higher rates of stamp duty for second homes and buy-to-lets came into effect on Friday. Anyone buying an “additional” property must pay three precentage points more than the standard level, so the bill for a £200,000 second home jumped from £1,500 to £7,500. Announcing the move, the chancellor said: “People buying a home to let […]

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Creeping up: Is OnTheMarket now on target?

There now look to be 6,069 branches with membership of OnTheMarket – 29 more than last month. The monthly calculation is by one of our members, “smile please”,  and appears on the ARENA section of our site. OTM has not released figures for some time. However, OTM is focusing on a figure of 7,500 branches, […]

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Be first to see new and exclusive properties

Many agents advertising at OnTheMarket.com are launching their new-to-market properties exclusively here first.* Find out how to be first to see these homes. Thousands of estate and letting agents have moved their properties from other websites to advertise at OnTheMarket.com and many are choosing to launch their new-to-market properties exclusively here first: 24 hours or […]

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What does an energy diagram illustrate?

What does an energy diagram illustrate? Posted by OnTheMarket.com March 21, 2016 5:00 am OnTheMarket.com explains Energy Performance Certificates (EPC) and offers tips to save money on fuel bills What does an Energy Performance Certificate (EPC) look like? It’s a little coloured chart which shows how well the property is rated in terms of energy […]

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Asking prices crash through the £300,000 mark

The asking price of a home new to the market in England and Wales has passed the £300,000 mark for the first time. The average is now £303,190, Rightmove reported this morning. It is exactly ten years since new asking prices went through the £200,000 barrier, so that in a decade, asking prices have shot […]

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Remortgage borrowing soars in new year

The value of remortgages taken out in January 2016, according to the Council of Mortgage Lenders.  It was the highest monthly total since January 2009 and 32% higher than a year ago.  Borrowing has soared as homeowners hunt for attractive new deals.

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House costs could be added to inflation

The headline rate of inflation could be replaced by a new figure which better reflects the cost of owning a home. The Office for National Statistics said it will be ready to make the change to its monthly announcement on price increases by the end of the year. It would give prominence to a measure […]

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Property Market Trends in Manchester

UK house prices increased by 0.3% in February Annualised house price growth across the UK rose to 4.8% in February Manchester house prices increase by 5.6% over the past year Greater Manchester area sees 4.1% increase in values year on year Salford sees 3.7% increase in values year-on-year Number of homes for sale remains at […]

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Planning granted for Manchester Airport’s

Planning granted for Manchester Airport’s Transformation Programme featuring self-service check-in and quicker security It has been announced today that planning consent has been granted for Manchester Airport’s 10 year, £1bn transformation programme. The Manchester Airport Transformation Programme (MAN-TP) is a series of 60 enhancements that will provide the millions of passengers that use the airport every […]