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Principle Estate Management is spreading its national reach further following the acquisition of a Lancashire-based block management company. Following Principle’s purchase of Myhill Newman in London in March 2022, the acquisition of FMS Estate Management Ltd in Poulton-le-Fylde marks the next stage in the company’s continuing growth. Since its launch in Birmingham in April 2018, the business has grown from founder Brett Williams to now more than 65 staff who manage almost 20,000 units across the UK with

Marketing Director, Perry Jax, at award winning property investment company Alesco, commented on Labour's first four weeks in Government, the shift in buying habits from property investors and how the Bank Rate of 5% has influenced property. “In the month since the Labour government came into power, we’ve seen a significant shift in the buying habits of property investors. Confidence among buyers and sellers is growing, with an increase in homes for sale and buyers paying a larger share of the asking pric

After a competitive tender process, Parkfords Management has been appointed to manage Century Tower in Chelmsford on behalf of the newly formed Right to Manage company. Michael Lawton, Director of Parkfords, explained, "This is a significant win for our Essex office. Over the last 18 months, we have made rapid strides, consistently securing new contracts and setting new benchmarks for customer service and client interaction. By focusing on transparent communication, prompt issue resolution, and personalis

At 155 metres tall, One Eastside is set to become the highest building in Birmingham’s soaring skyline when it is completed in 2026.  It will also be one of the healthiest and safest thanks to a new research partnership between Birmingham City University (BCU) and specialist residential developer Court Collaboration.  Digital construction and AI experts at BCU are creating a virtual 3D model of the skyscraper – known as a digital twin – so they can monitor, visualise, and predict air quality and energy co

The latest research  London lettings and estate agent, Benham and Reeves, has revealed that high-end homebuyers looking to buy at the very top of London’s prime property ladder require an average income of £776,314 to obtain the mortgage required, 7.9 times that of the average London homebuyer. Benham and Reeves analysed current market values across 28 areas of London’s prime property market, looking at the mortgage required to purchase a home and the average earnings needed at a lending multiple of 4.5 t

MRI Software, a global leader in real estate software and services, announces that it has partnered with Revo, the UK retail and leisure real estate industry forum. Through the partnership, MRI will provide footfall data and analysis to support Revo’s mission of fostering collaboration and leadership among industry peers, helping guide a successful future for the sector. “We are thrilled to be working with Revo as their official insights partner to enable knowledge sharing among members and help drive gro

July was a very decisive month for the UK, with a Labour landslide seeing a new political party in power for the first time in 14 years. With Sir Keir Starmer keen to bring in plenty of his own policies and initiatives, it raises the question ‘how will the new government approach the topic of building automation?’ The BCIA has increased lobbying efforts in the past couple of years, helping to bring building automation policy closer to the forefront. While there is still a long way to go, engagement and ed

Friday 30th August is set to be the most popular day to move home in 2024 with four times more households than average planning to move that day. 20,207 moves are expected on this date, making it the busiest day for removal companies. But, savvy home movers may be able to save money by avoiding peak times. ●     August is the most popular month to move for the last 12 years. January and February are the least popular. ●     More than a quarter of households (29%) move on a Friday. Only 5% choose to move o

A Shrewsbury housebuilder has brought forward the launch of its show home by three months following exceptionally strong interest in its new luxury riverside development that boasts raised level residents parking with ANPR security, electric vehicle charging, and an open-air internal courtyard. Over 20% of the development has already been reserved off-plan with completion anticipated by mid-2025. SY Homes is developing 43 apartments, duplexes and apartments at Old Coleham Court, just minutes from the town

The Ringley Group's Una achieves 17% rent premium during lease up at The Station Quarter Apartments in Corby, UK. Una is thrilled to announce that lease-up of Station Quarter in Corby is complete.  Station Quarter comprises 100 apartments, a mix of one and two bedroom homes, with all-mod cons, each apartment is connected to an energy saving rooftop solar panel system, all EPC A-rated and is the first BTR development to operate within Corby.  Corby is a market town in the Northamptonshire countryside which

Issue 132 of News on the Block has now been published and is available for subscribers to read online. This issue of News on the Block includes a special feature to celebrate the winners of our Enfranchisement & Right to Manage Awards. We also have an additional Insurance feature in this issue.  Some of the articles in this issue include:  ERMAs 2024 Winners Feature  Government sets deadline to end EV charger funding Funding New government urged to address leasehold issues Creating a legacy of excellen

Leading property management company, The FirstPort Group, has launched a new London Residential Real Estate team aimed at supporting resident-managed developments across the capital. This new London powerhouse is comprised of a senior management team with nearly 60 years’ combined experience working with Resident Management Company (RMC) and Right to Manage (RTM) Directors. Victoria Peake, who will be heading up the team, commented: “The distinctive needs of resident-managed developments are clear. Th