Property Investors Weekly News: 08/03/2021

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Property Investors Weekly News: 08/03/2021

This week we’ve pulled together some of the hottest news stories around property investment for your reading pleasure! So strap in, turn off the tv and get ready for some updates:

IWD: Why the property industry needs more women

Today is International Women’s Day (IWD), where people around the world recognise and celebrate the social, economic, political and cultural achievements of women.

Latest estimate figures show that women make up just 15% of the property and construction workforce.

Housebuilder, Kebbell have 40% of its jobs filled by women, which is fantastic. Read the article to hear Andrea Fawell (Sales and Marketing Director) share her thoughts on what the industry needs to do to attract more women, as we celebrate International Women’s Day.

https://www.propertyreporter.co.uk/business/iwd-why-the-property-industry-needs-more-women.html

Stamp duty holiday extension will spark modest rise in house prices

Rishi Sunak announced last Wednesday that the stamp duty holiday will continue for another six months.

This is great news for anyone rushing to get a transaction through before the March deadline. The extension will also spark a modest rise in house prices, the Treasury’s independent forecaster has said.

https://www.msn.com/en-gb/money/other/stamp-duty-holiday-extension-will-spark-modest-rise-in-house-prices/ar-BB1ed16d

Prices rebound with 6.9% growth: Nationwide

Latest figures from Nationwide reveal that annual house price rebounded from 6.4% in January to 6.9% in February. 

The average house price reached £231,061 which was the highest figure on record. This could be due to the stamp duty holiday is still providing some forward momentum. 

https://www.mortgagestrategy.co.uk/news/prices-rebound-with-6-9-growth-nationwide/

‘Be Kind We Care’ initiative launches to property industry

The Conveyancing Foundation has launched the fantastic ‘Be Kind We Care’ programme to promote kindness and wellbeing within the property industry.

https://www.financialreporter.co.uk/finance-news/be-kind-we-care-initiative-launches-to-property-industry.html

Have a great week and speak to you soon!

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