• A new app allows users to find properties for sale and rent by overlaying virtual estate agency boards on Google Maps. Simply go to www.RightmoveRighthere.com and explore a location, double clicking on the map to bring up the boards in a given location. The popups redirect to the listing on Rightmove, and agents can pay to have premium listings that redirect to their own brand. IndustryEYE.
  • 118% more ‘For Sale’ signs were ordered in June 2018 than in June 2017. Meanwhile orders for ‘Sold’ signs rose +85.1% year-on-year. Agency Express’ seemingly countermanding data also shows that, against current news that supply of properties is down across the country, the demand for ‘For Sale’ boards rose +9.4% over the last month. However, this could a be due to a flurry of orders London sellers, causing ‘For Sale’ orders to rise +62.6% month-on-month. Or maybe they make great kindling for summer barbecues. IndustryEYE.
  • 1,250 hectares of development opportunities will be made available by the government over the next 12 months. A total of 221 development sites across the country have been queued for sale by Homes England as part of their Land Development and Disposal Plan. A full map of all the sites can be seen HERE. Homes England.
  • Halifax’s latest house price index recorded an annual change of +1.8% to the UK average house price. The index rose +0.3% month-on-month but fell -0.7% quarterly and now sits at £225,654, continuing a trend of continued but reticent growth. Halifax.
  • The Local Government Association (LGA) is calling for social rented homes to be included in the definition of affordable housing in the upcoming NPPF changes. Just 2.48% of homes built in 2016/17 were designed for social rent, down from 3.59% the preceding year. Similarly, the CEO of Homes England has called on housing associations to expand their delivery of socially rented homes. DevelopmentFinanceToday. InsideHousing.
  • Some believe the key to boosting house building lies in planning efficiency and the recently introduced fast track Permission in Principle (PIP) power. First introduced in 2016, the remit of this planning consent was initially restricted to sites brought forward by Local Planning Authorities. However, as of June 2018 the remit of PIP has been extended to cover small schemes outside of those allocated by LPAs. The process takes five weeks and costs some £402 per 0.1 hectare of the site area. PropWire.
  • More Build-to-Rent homes are being built outside of the capital than within. The latest figures from Savills and British Property Federation shows a total of 62,021 BTR homes either completed, under construction, or in planning across the ‘UK regions’, outstripping London by a grand total of five. Yes, five. London alone has 62,016 BTR units in its pipeline. Nevertheless, the combined figures make for good reading. Total BTR unit pipeline has increased from 98,723 this time last year to a combined 124,037 now. PropWeek.
  • Commercial property data and mapping platform edozo has secured an investment of £1mn from a consortium of lenders including the former director of Colliers International and property developer-investor Howard Ventures. PropWeek.