Property media watch – Wednesday 18th February 2015

. by James Laurence Estate Agents

Reading time: 1 Minute

Today’s local stories in the property world:

 

 

St George’s Urban Village plans for 600 Jewellery Quarter homes –

 

 

Birmingham Post
“Work can begin on the largest Jewellery Quarter residential scheme in a decade after plans were submitted. The £80 million St George’s Urban Village scheme, which encompasses the Kettleworks and land up to the Perry Beeches School, will see more than 600 homes created across a six-acre plot which has stood idle for years. After the £42 million redevelopment of the Kettleworks, set to begin this summer, proposals have gone in for a further five apartment blocks and four rows of townhouses around private squares nearby.”

 

Huge rise in buy to let mortgage loans –

 

Letting agent today
“Buy to let mortgages in December totalled 17,300 – a huge 18 per cent rise over the same month in 2013 according to the Council of Mortgage Lenders. These loans totalled £2.5 billion in value – an even larger 32 per cent rise compared to December 2013. There were 54,000 buy-to-let loans in the fourth quarter of last year, up to four per cent on the previous quarter. The fourth quarter loans represented lending of £7.7 billion, up five per cent on the quarter before.”

 

OnTheMarket announces millionth visitor –

 

Property industry eye
“OnTheMarket has announced its one millionth unique visitor. The site, which acknowledged “the PR battle” before launch, also reiterated its claim that 90% of its member offices have chosen to retain Rightmove as their “one other portal”. The site, which launched on January 26, last night gave a marked nod to media owners with interests in other portals.”

 

For the latest property news contact one of Birmingham’s leading estate and lettings agent today on 0121 604 4060 or on our website

 

 

The stories above are from various media sources, they do not necessarily reflect the views of James Laurence Sales and Lettings.

 

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