Money, stress and time constraints are still the biggest fears for UK home owners when selling their home, new research has found. Despite home owners currently enjoying a very buoyant UK property market, securing the right price still tops the list of fear factors, according to a survey from online
11 April 2016 | Herpreet Kaur Grewal Cordant Services has secured contracts to supply a wide range of cleaning, security, and front-of-house services to the University of London’s academic and residential estate. Under the contracts, which will run for five plus two years, Cordant will provide a
A £10 million construction skills centre that will provide essential training for the next generation of construction workers has been officially opened. Architect George Clarke, best known for his TV series ‘Amazing Spaces’, officially launched the Technology, Engineering & Construction (TEC) Centre. The South London centre will provide the opportunity
Savills has strengthened its UK management team with the acquisition of Chainbow Ltd, a specialist residential management business. The company’s Chairman and Chief Executive Officer, Roger Southam, established Chainbow in 1989 and now employs 28 staff members, all of whom will now move to Savills with immediate effect. Among those
Money, stress and time constraints are still the biggest fears for UK home owners when selling their home, new research has found. Despite home owners currently enjoying a very buoyant UK property market, securing the right price still tops the list of fear factors, according to a survey from online estate agent eMoov. Some 55% of those asked said not getting the price they wanted or needed was their primary fear when selling, with the stress of the selling process the second biggest fear factor for 46% of home owners. Time constraints completed the top three fear factors, with 43% of home owners afraid they wouldn’t be able to sell their home in the time they needed to. The survey also shows that 36% fear paying too much in estate agent fees, 22% finding a new property to live in upon selling, 14% dealing with the buyer, 12% picking the wrong estate agent in the first place, 10% getting a mortgage for their next home and 4% that their new property might drop in value in the future. ‘Price is always going to be the primary concern home owners and it is only natural that securing the best price will weigh heavy on a seller’s mind,’ said the firm’s founder and chief executive Russell Quirk. ‘Generally speaking, our home is the most expensive asset we are ever likely to own and for the majority of us, our home is our nest egg, setting us up for retirement when we do finally sell and downsize. So it’s understandable that it be the biggest fear during the selling process, as that couple of extra thousand gained or lost, can make a big difference in the grand scheme of things,’ he pointed out. ‘Our previous research found that selling your home is more stressful than your wedding day and so it doesn’t surprise me that this also ranks highly amongst UK sellers. When you add time constraints to an already laborious process, you can see why selling a home in the UK can seem a daunting task and evoke such feelings of fear,’ he explained. ‘I have to say I am a little surprised that paying too much in estate agent fees didn’t make the top three. High street estate agent fees have rocketed in line with house prices over the years despite no additional service being offered, some may argue the service has even declined, and so the dated commission fee structure is one of the biggest obstacles to moving home,’ he added. BOOKMARK THIS PAGE (What is this?) Source link
11 April 2016 | Herpreet Kaur Grewal Cordant Services has secured contracts to supply a wide range of cleaning, security, and front-of-house services to the University of London’s academic and residential estate. Under the contracts, which will run for five plus two years, Cordant will provide a comprehensive range of services, including general routine cleaning, periodic cleaning, and ancillary services. The company will also deliver a range of manned security services, including regular mobile patrols across the Bloomsbury Precinct, concierge, and reception services. Front-of-house, portering, and mailroom teams will also fall under Cordant’s remit. More than 150 staff have transferred to Cordant Services under TUPE regulations. Paul Wilkinson, director of property and facilities management at the University of London, said: “We were very impressed with Cordant Services’ ability to provide high-quality services across a wide range of disciplines, to support the activities of our varied set of stakeholders.” Source link
A £10 million construction skills centre that will provide essential training for the next generation of construction workers has been officially opened. Architect George Clarke, best known for his TV series ‘Amazing Spaces’, officially launched the Technology, Engineering & Construction (TEC) Centre. The South London centre will provide the opportunity for 1,000 students to gain key skills in areas such as carpentry, plastering and bricklaying. Furthermore, the centre, which is a branch of Carshalton College, will offer courses in motor vehicle engineering and electrical work for trainees who want to go into the engineering and automotive sectors. CITB representatives attended the grand opening which saw groups of young people participate in hands on sessions which aimed to provide them with an idea of the crucial skills they need to learn in order to forge a career in the industry. Also on show was a careers fair which gave employers the opportunity to meet future job candidates, as well as giving them the chance to see the new centre for themselves. Trainees who attend the TEC Centre will benefit from workshops which provide a modern learning experience with state of the art equipment on offer. Mr Clarke, who is also a vocational training ambassador and has also played a part in the regeneration of his hometown Sunderland, commented that the TEC Centre will give students the opportunity to become tomorrow’s tradespeople. Meanwhile, principal of Carshalton College, Peter Mayhew-Smith believes that the centre will transform the learning environment for the students and will help them to make the most of all the opportunities that will be created in sectors such as construction. Mr Mayhew-Smith added that students who enrol at the TEC Centre will put themselves in a good position to enter their chosen profession and make the most of the top industry standard, high tech equipment.
Savills has strengthened its UK management team with the acquisition of Chainbow Ltd, a specialist residential management business. The company’s Chairman and Chief Executive Officer, Roger Southam, established Chainbow in 1989 and now employs 28 staff members, all of whom will now move to Savills with immediate effect. Among those are Nigel Bosworth, the firm’s managing director, and Niccie Storr and Gail Lawrence, both of whom are associate directors. Chainbow specialises in the build to rent, private rented and residential block management sectors, and provides consultancy services and property management services to a number of clients including Westrock, Englander Group and Taylor Wimpey. CEO of Savills UK and Europe, Mark Ridley, commented that Chainbow has a well-respected and established reputation throughout the property management sector, specifically in the estate and residential areas, which will both enhance and compliment their existing offer. Savills’ Head of Property Management, Nick Herward, commented that property management is an important service line for the company and the integration of Mr Southam, Mr Bosworth and the whole Chainbow team will go a long way in augmenting their leading offer in Central London, along with the wider national management sector. Mr Herward added that the acquisition also shows Savills’ long term commitment to providing a top class, diverse service for its clients. Meanwhile, Mr Southam commented that Chainbow is delighted to join forces with Savills and is now anticipating a positive move in the expansion of the service it already offers as part of a national team. He believes that the wealth of experience of both companies in the property management sector will combine to form a formidable force in the industry. As well as Chainbow, Savills has also secured a deal to acquire Collier & Madge, a specialist London commercial property management company. They secured this deal in May of last year.
