Whether you’re planning on laying a new patio or putting up a fence, many homeowners will be looking to make home improvements during the spring […]
Category: Real Estate
Three more base rate cuts expected this year
The markets expect there to be three more base rate cuts this year, which means it should be down to 3.75% by the close of […]
Bank of England slashes base rate – and signals further cuts
The Bank of England has cut its base rate to 4.5%, down from 4.75%. Seven members of the Bank’s Monetary Policy Committee opted for a […]
Scotland’s rent controls to end next month
Scotland’s rent controls will expire on March 31 2025, meaning landlords will be able to set rents with no restriction until the Housing (Scotland) Bill […]
London’s Haringey the most complained about local authority for damp and mould
Haringey in North London has received the highest number of complaints regarding mould and damp in England, with an estimated 31 complaints per 10,000 housing […]
Grey belt proposals labelled ‘redundant’ by House of Lords
A House of Lords committee has delivered a withering assessment of Labour’s ‘grey belt’ policy, saying it’s impact will at best be ‘marginal’. Under changes […]
New homes built down 10% since Labour came to power
The rate of housebuilding has dropped by 10% since Labour came to power in July, deepening the task of increasing construction in the UK. BBC […]
Law Society: Renters’ Rights Bill must up justice system funding
The Renters’ Rights Bill needs to increase funding of the justice system to cope with changes like the abolition of Section 21 evictions, the Law […]
Prices Flat in Prime Central London as Non-Dom Uncertainty Persists
By Tom Bill, head of UK residential research at Knight Frank Chancellor Rachel Reeves spoke this week about the need to remove the barriers to […]
Propertymark appeals to House of Lords to amend Renters’ Rights Bill
The second reading of the Renters Rights’ Bill will take place in the House of Lords – and Propertymark has appealed to Peers to push […]
Rental growth finally cooling down
The cost of renting a new property outside London has finally fallen – after rising every quarter since 2019. The average advertised rent of a […]
27,000 historic planning applications could now be approved due to grey belt reclassification
Some 27,000 homes could now be approved for construction due to the grey belt reclassification, analysis from development site firm Searchland has revealed. Some 3,425 […]
How can the property sector retain talent?
Aaron Mcwilliam, founder and CEO of out-of-hours property management business PropCall, discusses the challenges facing the property sector that is leading to a loss of […]
Nationwide house price growth at 4.1%
Annual house price growth reached 4.1% despite only rising by 0.1% in January, Nationwide’s House Price Index has revealed. This means growth has dropped since […]
Hull the most affordable city to rent in
Hull is the most affordable city to rent in with a typical rent of £799 per month, analysis from Rightmove shows. In the city rental […]
Rachel Reeves and her Oxford speech promises
Trevor Abrahmsohn, CEO of luxury property consultancy firm Glentree International, responds to Rachel Reeves’ speech about growing the UK economy I’m caught on two horns […]
Housing market experiences busiest activity in three years
Sales activity has reached a three-year high so far in 2024, as people look to buy before stamp duty thresholds revert to lower levels. Zoopla’s […]
Conveyancers stepping up AI adoption
Conveyancers are increasingly using Artificial Intelligence to collect data on large property portfolios. Some one in 10 of the UK’s top 200 law firms are […]
Scotland’s unveils more lenient rent controls
Scotland will cap rent increases at CPI+1% up to a maximum of 6% within a rent control area, a more relaxed policy compared to a […]
Renewables expert slams government’s gas boiler policy
The government has been urged to make it clear if and when boilers are going to be outlawed on new properties. There was previously a […]
Zoopla: How to beat the stamp duty deadline
New stamp duty rules are set to come in from April which could catch out many homebuyers and leave them paying thousands more than planned. Currently, […]
North East has best HMO yields in UK rental market
The UK’s best HMO yields are found In the North East, at a whopping 15.4%, analysis from property management platform Lendlord has found. Indeed, the […]
The Renters’ Rights Bill could lead to overpricing
The Renters’ Rights Bill legislation that prohibits ‘bidding wars’ could have an adverse effect on the market, Goodlord chief executive William Reeve has warned. Reeve […]
What stamp duty changes in 2025 mean for homebuyers
In October the government confirmed significant updates to the Stamp Duty Land Tax, some of which came into effect in October 2024, whilst others are […]
Commercial demand rises as interest rates drop
There’s been a surge in demand to invest in commercial property after interest rates dropped following the latest base rate cut in November, Rightmove’s quarterly commercial […]
Landlord yields rising – PropertyWire
Buy-to-let rental yields rose to 6.93% in the third quarter of 2024, rising from 6.53% in the same quarter the previous year, UK Finance data […]
The battle over right to light: A growing concern in urban development
Recent ‘right to light’ disputes are set to be increase following the relaxation of planning laws by the government last December, particularly in London and […]
Labour takes on Nimbyists with infrastructure project rule change
Nuclear plants, trainlines and windfarms will be built quicker thanks to changes to the rules, the Labour government has announced. Major infrastructure projects can now […]
Landlords putting off EPC upgrades
Over half of landlords who own properties with an Energy Performance Certificate (EPC) rating below C are putting off work to upgrade their properties. This […]
Ombudsman raises concerns about lead in properties
England’s housing ombudsman Richard Blakeley has raised concerns about dangerous levels of lead found in properties. Some older homes have lead paint, which creates poisonous […]
London the fastest growing buy-to-let market in the UK
London has been labelled the buy-to-let capital of the UK, with 13% growth in new landlords taking out insurance between 2023-2024, analysis from insurer Simply […]
Welsh government calls for two months’ compensation for no fault evictions
Tenants in Wales who are evicted via a Section 173 possession notice should be able to keep the last two months’ rent as compensation, the […]
Warehouse and distribution spaces threatened by EPC regulations
Much of the Installations and Logistics (I&L) sector could be deemed unlettable if planned Minimum Energy Efficiency Standard (MEES) regulations come into force. Some 85% […]
Spain could introduce 100% property tax – what this means
Spain is set to implement an 100% tax on properties bought by non-EU residents, which could have a dramatic effect on Brits who commonly buy […]
FCA considers relaxing mortgage rules
The Financial Conduct Authority said it is exploring reducing the ‘regulatory burden’ on mortgage borrowers, signifying that mortgage affordability rules could be loosened. After the […]
The mortgage rules that could be loosened
Propertywire speaks to Ray Boulger, senior technical manager of John Charcol, on the mortgage rules the Financial Conduct Authority and the Bank of England could […]
Surrey town had highest house price growth in 2024
Sunbury-on-Thames in Surrey saw the greatest house price growth in 2024, at an annual level of 12.5%. The cost of homes in the town rose […]
Mortgage rates tick down amidst falling inflation
Typical mortgage rates dropped this week after it emerged that the inflation rate fell to 2.5% in December, down from 2.6% the month before. Correspondingly […]
Politics motivating Americans to move
Some 43% of Americans are willing to spend more to live in a place more closely matching their political values, highlighting the divided nature of […]
Grey belt sites could supply 3.4 million homes
There are over 30,000 grey belt sites across England that could deliver 3.4 million homes if developed, data from Searchland has revealed. The North West […]
Uncertainty and Opportunity in Country Markets as Mortgage Costs Rise
By Tom Bill, head of UK residential research at Knight Frank Before Donald Trump was even inaugurated for his second term as US President, he […]
2024 property insurance payouts seeing worrying spike
UK property insurance claims are expected to reach their highest level since 2007, demonstrating the threat of climate change on the industry, analysis from Deloitte […]
Navigating the World of AI: Unlocking the Power of Data
Andy Birch, vice president, portfolio marketing for MRI Software During a recent panel discussion – Make Smarter Decisions with AI-Powered Business Intelligence – I had […]
Frustration as court problems remain unaddressed in Renters’ Rights Bill
The Renters’ Rights Bill has passed its third reading in parliament without there being action on reforming the courts, furthering concerns about the abolition of […]
New possession grounds in Renters Rights Bill could help, say landlords
Landlords think that possession grounds proposed by the Renters’ Rights Bill could help them cope with the abolition of Section 21 evictions. New mandatory grounds […]
Hong Kong the most dominant foreign nation in the property market thanks to visa
Hong Kong nationals held 25,972 homes across London in 2024, equating to 13.7% of all homes owned by foreign buyers. Owners from Hong Kong increased […]
Blackstone & other US corporate landlords accused of colluding to raise rents
Six of the largest US landlords have been accused colluding to raise rents using property management software RealPage. Last week, the US Department of Justice […]
Changes to right to buy – has the horse bolted?
Paul Butterworth, legal director, Foot Anstey LLP The government will be hoping the recently proposed changes to the right to buy scheme will act as […]
Spanish Golden Visa scheme to end in April
Applications for Spanish Golden Visas must be submitted before 3 April 2025, after the Spanish government halted the scheme. This gives three months for people […]
The effect of Donald Trump’s presidency on the US housing market
Trump’s economic policies like tariffs and mass deportations are likely to weaken the broader economy while pushing inflation and interest rates higher. That is according […]
Inflation to rise again, but rate cuts still expected
The December inflation rate is set to rise again when the figures are released next week. The CPI inflation rate stood at 3.5% in November, […]
Buyers urged to be vigilant for signs of Japanese knotweed during winter
Homebuyers viewing properties during the next three months should be extra watchful for signs of invasive Japanese knotweed, which has now died back and is […]
Zoopla adds crime and flood data
Property website Zoopla has added local area information about crime rates, flood risk, and planning applications to accompany its listings. The website said it’s using […]
Are Estate Agents For Sale Boards ‘Visual Pollution’ as Westminster Council Believes or An Effective Marketing Tool?
By Trevor Abrahmsohn, Glentree International Those who sneer at the humble estate agents For Sale Board and dismiss it as ‘visual pollution’ are guilty of […]
Dealing with unsafe cladding in 2025 and beyond: landlords’ responsibilities
Mark Elwell, managing director of Summit Environmental and an authority on asbestos, fire and legionella safety and risk management, outlines the critical responsibilities landlords face […]
Angela Rayner: Even 1.5 million homes would just ‘make a dent’ in housing crisis
Deputy Prime Minister Angela Rayner has admitted that even if the country succeeded in constructing 1.5 million homes in this parliament, it would only ‘make […]
More landlords turning to higher yielding commercial properties
Landlords shifted their focus towards higher-yielding property types like semi-commercial and commercial property purchases in 2024, Shawbrook data shows. As a proportion of all applications […]
Government to restrict advance rent in Renters’ Rights Bill
The Renters’ Rights Bill is facing an amendment that would restrict landlords from receiving multiple months of rent in advance. The competitive nature of the […]
Housebuilding sees worrying decline – PropertyWire
Housebuilding activity has fallen for three consecutive months to November, worryingly for the new Labour government. Subdued demand conditions, higher borrowing costs, and weak consumer […]
Prime London property demand returning
Demand for Prime London properties increased in the fourth quarter of 2024, as 19.7% of properties in the £2m to £10m bracket found a buyer. […]
Landlords won’t need to replace gas boilers anymore
The government is set to axe the 2035 phase-out of gas boilers in its Future Homes Standard, the i reports. The Conservative government previously targeted […]
Labour MP admits to blocking all HMO applications
Birmingham’s Labour MP Paulette Hamilton has spoken against having too many HMOs in her Erdington constituency in Birmingham, blaming them on fuelling anti-social behaviour. She […]
Northampton serviced accommodation accused of being HMO in disguise
A Northampton property being converted into serviced accommodation has been criticised for apparently bypassing HMO regulations, the Northampton Chronicle and Echo reports. West Northamptonshire Council […]
Where it’s cheaper to buy than rent
Portsmouth is the most affordable area for buying a home instead of renting, analysis from property and conveyancing solicitors Jones Whyte has found. In the […]
Boxing Day was busiest ever for property market
Boxing Day 2024 saw record levels of activity, with high numbers of enquiries and properties being put up for sale, Rightmove data shows. The number […]
Study – heat pumps not the answer to improve EPC ratings
Heat pumps are not the solution to improving the EPC ratings of rental properties, according to energy efficiency platform epIMS. As it stands EPCs aren’t […]
Knight Frank: House prices and the economy out of sync
House price growth is out of sync with mortgage rates thanks to the lag in mortgage agreements and the imminent change to stamp duty, real […]
Labour pressing on with Renters’ Rights Bill
The Renters’ Rights Bill will return to parliament on 14 January, signalling that the government is looking to hit the ground running when it comes […]
Nationwide: The North drives house price growth
Annual house price growth reached 4.7% across the UK in 2024 – up from 3.7% in the year to November, Nationwide’s House Price Index has […]
Carter Jonas 2025 Predictions for Planning and Housebuilding
Colin Brown, head of planning & development, Carter Jonas A pivotal year in raising the rate of housebuilding? The UK’s housing shortage is well documented, […]
Ensuring building safety in 2025 and beyond: landlords’ responsibilities
Mark Elwell, managing director of Summit Environmental and an authority on asbestos, fire and legionella safety and risk management, outlines the critical responsibilities landlords face […]
Why landlords face increased litigation in 2025 – and how best to mitigate against it
A perfect storm is brewing for litigation against landlords by leaseholders in 2025. New freedom to build upwards to hit the government’s targets for new […]
£900,000 fine for Legionella mismanagement highlights landlords’ responsibilities
The Health and Safety Executive’s recent prosecution of Sanctuary Housing following an outbreak of legionella at a sheltered housing accommodation has put legionella risk management […]
Labour’s New Devolution Plans – PropertyWire
William Nichols is regional director at Lanpro Labour’s long-awaited devolution plans have been published in the English Devolution White Paper Power and partnership: Foundations for […]
Merry Christmas!
From all of us at PropertyWire we’d like to wish our readers a very Merry Christmas! Now’s a good time to recharge those batteries, so […]
Let’s get those in need closer to a dream home in 2025
By Steve Richmond, General Manager, Reapit UK&I The holidays are a time when many of us reflect on the comforts of home: a safe space […]
Fewer Londoners investing outside the capital
People living in London purchased 5.7% of all homes sold outside the capital in 2024, the lowest proportion in 10 years, analysis from Hamptons shows. […]
Zoopla: UK still a buyers’ market
Buyers agreed sales at 3.6% below the asking price in recent weeks, meaning buyers still have wiggle room when it comes to negotiating with sellers. […]
German firm ranks London as the most attractive European capital
London has been labelled the most attractive European city for residential investors based on factors like location, connectivity, market fundamentals and innovation. London is seen […]
UK inflation rate jumps to 2.6%
The UK Inflation rate jumped from 2.3% to 2.6% in October, meaning it’s fallen further from the Bank of England’s 2% target. The next base […]
Rental competition doubles from before the pandemic
Twice as many tenants are enquiring for each rental property compared to 2019, Rightmove data shows. Each property now receives 11 enquiries, double the 6 […]
L&G completes 1,000 unit Build to Rent scheme in London
Legal & General has completed New Acres, one of the UK’s largest purpose-built rental developments. The sites are in Wandsworth, South London, and include amenities […]
MPs urge government to boost supply with empty homes
Members of Parliament, Peers and housing organisations have called for the government to bring a quarter of a million long-term empty homes back into use. […]
PropertyWire predicts: What to expect in 2025
As we wind down on 2024, PropertyWire editor Ryan Bembridge looks ahead at what to expect in 2025 A busy Q1 and quieter Q2 The […]
Bank of England holds base rate – but a cut was closer than a hike
Three members of the Bank’s Monetary Policy Committee voted for a 0.25% rate cut, though they were outvoted by fellow members to see the base […]
What will 2025 hold for global investors in the UK property market?
To provide the best experiences, we and our partners use technologies like cookies to store and/or access device information. Consenting to these technologies will allow […]
Homebuyers plan to house hunt over Christmas to beat stamp duty deadline
The majority of homebuyers are planning to house hunt throughout the Christmas period in hopes of beating the spring stamp duty relief deadline, analysis from […]
UK Finance: Outlook “challenging” for buy-to-let
The economic outlook for the buy-to-let sector will be “challenging” in 2025 due to the extra tax burden affecting landlords, mortgage lenders’ trade body UK […]
Industry concerned with new landlord licensing powers
Local authorities will be able to introduce licensing schemes in England and Northern Ireland without asking for permission from the secretary of state – a […]
Commercial property predictions for 2025 from Colliers
Next year house prices and rents will rise, there will be more of an emphasis on sustainable developments, while there will be more interest in […]
Landlords shrugging off 5% stamp duty surcharge, claims Hamptons
The higher stamp duty surcharge of 5% is having a limited impact on landlord behaviour, according to Hamptons estate agents. Some 10.7% of sales agreed […]
Pair ordered to pay £190k for operating illegal repairs garage
The directors of two businesses have been ordered to pay £190,000 between them after illegally using a property as a car repairs and audio fitting […]
Northern Ireland has fastest home move process
Northern Ireland is the best place to move in the UK if you wanted a speedy process, a survey from the Open Property Data Association […]
Don’t get left in the buffer: the business case for buildings with high-speed broadband
Chaim Grunfeld, founder and CEO of telecoms and connectivity specialists, Prime Connect The number of companies operating from co-working spaces has increased by an overwhelming […]
How to find a bargain house that needs work – but isn’t a money pit
Jack Malnick, property expert and founder of SellHouseFast (pictured), shares his tips on evaluating if a property will be a hidden gem that you can […]
Savills buys four Portugal supermarkets
The investment management arm of Savills has acquired a portfolio of four urban supermarkets in Portugal. The four Portuguese supermarkets are located in the towns […]
Lender predicts rapid self-employed mortgage growth
Mortgage applications from the self-employed are set to grow by 67% in the next five years, according to Together ’s Residential Property Market Report. This […]
Labour defines ‘grey belt’ in overhaul of planning
The government has clarified what it means by ‘grey belt’ in its update of the National Planning Policy Framework (NPPF). Grey belt is defined as […]
Labour-voting landlords regret their decision
Most landlords who voted Labour say they won’t do it again, a survey from buy-to-let lender Landbay has revealed. Some 80% of those who voted […]
London house prices to see resurgence in 2025
Next year will be a “turning point” for London house prices, aided by major companies heading back to the office full-time, property portal Rightmove has […]
Think tank urges government to hand mayors more powers to boost housebuilding
It should be easier for mayors to create mayoral development corporations (MCDs) to boost housebuilding, according to a report from IfG. MDCs include the London […]
Government’s planning committee initiative has a fatal flaw – opinion
The government’s planning committee initiative is unlikely to have a big impact, because developments can nearly always be seen as against local development plans. That’s […]
‘Labour’s big business tax rises will misfire for UK economy’
Commercial real estate firm Colliers has accused Labour of failing to think through business rates legislation that’s going through parliament. The government plans to introduce […]
Government pledges to bypass planning committees to speed up housebuilding
The Labour government wants development projects to bypass planning committees when they comply with local plans. They will also “strengthen” the decision-making powers for planners, […]
2025 must be the year that the government supports shared ownership
Peter Hawley is director of SOWN, (part of Leaders Romans Group) One of the greatest omissions from October’s Budget was support for first time buyers […]
31-apartment plan submitted in Birmingham’s ‘Balti Triangle’
Plans for 31 residential units and three commercial units in Birmingham have been submitted by developer Sama Investment Group. If the plans are accepted, the […]
Bradford the busiest rental market
Tenants are rushing to rent properties in Bradford more than in any other English city – as a lack of stock means renters are forced […]
Professional portfolio investment and the requirement for landlords to be socially responsible
Andy Jones, group director of corporate & BTR at Leaders Romans Group (LRG) The rental sector is undergoing perhaps its most radical transformation ever, with […]
Hertfordshire housebuilding reaches 23-year high
Hertfordshire County Council has built the highest number of new homes in any year since 2001. In the period from 1 April 2023 to 31 […]
Biodiversity Net Gain: Successes and Challenges
Mark Topping, director of design, Lanpro Biodiversity net gain (BNG) became mandatory for major developments from 12 February and for small sites from 2 April. […]
Burglaries rise in winter months
Insurance claims for theft via forcible and violent entry spike between September, October, and November, as the nights grow longer and darker and the clocks […]
Scotland ups additional dwelling supplement to 8%
The Scottish government has opted to increase the additional dwelling supplement (stamp duty surcharge equivalent) from 6% to 8% immediately. In the Scottish Budget document, […]
M&S Regeneration Project given green light after years of delays
The government has given Marks and Spencer permission to demolish and regenerate its Oxford Street store, after four years of delays caused by the previous […]
Government consults on changing EPC system
The government has launched a consultation on updating the Energy Performance Certificate (EPC) system. The EPC system has been criticised for failing to properly recognise […]
Housebuilding target to be missed by 388,000
The government is set to miss its 1.5 million housebuilding target by 388,000 homes in this parliament, according to analysis from think tank Centre for […]
‘People are not leaving anymore’ – what’s changing in Dubai?
Dubai is changing, as families from the UK and beyond are remaining long-term, according to a real estate expert based in the city. What is […]
2025 predictions for residential property investment
Andy Jones, group director of corporate & Build to Rent at Leaders Romans Group (LRG) Government support for increased professionalism in the rental sector Fortunately […]
Government vows to speed up cladding remediation
The Labour government has set a five-year target for remediating buildings with flammable cladding. By the end of 2029 the government said all 18m+ (high-rise) […]
Mortgage approvals reach two-year high
The Bank of England saw 68,300 mortgage approvals in October, the highest level since August 2022. This represents an increase of 2,200 from the month […]
Islamic lender purchases Bank of Ireland loan book
Islamic fintech firm Offa has acquired Bank of Ireland’s Alburaq Sharia-compliant home finance portfolio, which includes more than 350 home purchase plans (mortgage equivalents). Birmingham-based […]
Rents now ‘unaffordable’ across most of the UK
Monthly rents have been labelled ‘unaffordable’ in every region of the UK except for the North East, data from analytics company TwentyCi has revealed. The […]
IMLA urges government to back small landlords
The Intermediary Mortgage Lenders Association has urged the government to acknowledge that small landlords are the backbone of the sector. Its own survey shows that […]
Homelessness triggered by Section 21s on the rise
Over 7,040 households were threatened with homelessness after being issued a Section 21 eviction notice between April and June. This is the highest quarterly figure […]
NRLA: Landlord database must have meaningful information
The Renters’ Rights Bill will establish a database of all private rented properties and landlords in England – but the National Residential Landlords Association (NRLA) […]
Housing supply drops to eight-year low
Annual housing supply has fallen by 6% in England – highlighting the challenge facing the new Labour government. Housing starts fell to a net 221,071 […]
How do Home Construction Builders ensure quality in their projects?
Home Construction Builders ensure quality in their projects Ensuring quality in home construction projects is a paramount concern for builders and homeowners alike. The construction […]
Lessons learned from sticky inflation
After more than two years of high inflation, price growth has started to cool in 2024, though in the UK it remains above 2%. Reflecting […]
Halifax: House price growth climbs to 4.7%
Annual house price growth has risen to 4.7%, the strongest rate since November 2022. This follows a month-on-month increase of 0.3% in September, while it […]
UK Finance: Labour should introduce ‘green stamp duty rebate’
Trade body UK Finance has recommended for the Labour Party to introduce a stamp duty rebate scheme to persuade homeowners to upgrade the energy efficiency […]
Rush to sell holiday homes and buy-to-lets before Autumn Budget
The number of properties up for sale has risen by 12% ahead of the Autumn Budget on October 30, Zoopla’s September House price Index has […]
TMW starts accepting in-company loans from landlords.
The Mortgage Works has started accepting intercompany loans as a deposit for buy-to-let mortgages from limited company landlords. At the same time the business, which […]
Construction activity stagnates in October
The value of residential project starts fell by 2% in October against the previous three months, suggesting construction activity is currently in a state of […]
Landlord rent rises placing tenants in “rent poverty”
Almost half of tenants are now in “rent poverty” due to rent increases, the Goodlord & Vouch State of the Lettings Industry Report has found. […]
The Renters’ Rights Bill Will Make Finding ‘Quality’ Tenants Critical
LegalforLandlords group chief executive Sim Sekhon didn’t mince words when talking about the reforms affecting the property rental sector and advised that landlords must ensure […]
Should you buy a new build or renovate?
As the debate between renovating older properties and purchasing new builds intensifies across the UK, G Johns & Sons, a specialist in architectural ironmongery, highlights […]
UK public opposes inheritance tax change
There’s strong opposition (69% of the public) to increasing the current 40% rate at which inheritance tax is levied, a YouGov poll commissioned by law […]
From Uber rivals to Dwelly – a firm with ambitions to transform the estate agency model
PropertyWire speaks to Dan Lifshits (pictured, left), chief operating officer at Dwelly As reported last week, Dwelly is a tech firm that’s purchased Hull estate […]
Scotland ups heat pump adoption – but still lags behind the UK
Scotland is on track to increase heat pump adoption by a third (34%) in 2023, data from the Microgeneration Certification Scheme (MCS) has revealed. Installations […]
Which? slams ‘cryptic and costly’ credit reporting system
Which? has criticised the lack of transparency and accountability with the credit reporting system – which is harming mortgage applicants. A third (32%) of people […]
Rogue landlords set for harsher punishments in Renters’ Rights Bill
Rogue landlords will be forced to pay back 24 months of rent as part of rent repayment orders, up from the current 12 months. Repeat […]
London rents surge in September
The cost of renting across Greater London surged by 7.7% in September, suggesting there’s renewed appetite amongst renters in the city. This brings annual growth […]
Insolvencies of estate agencies rise by a third in a year
The number of estate agency businesses going insolvent increased 32% in the year to July 31, research from international tax and advisory firm Forvis Mazars […]
Shojin links up with Dubai brokerage
Property investment firm Shojin has partnered with Anarock, a Dubai-based real estate brokerage – enabling the companies to pass clients between them Anarock’s clients from […]
London’s Bethnal Green to welcome 84 social rent homes
Some 84 social rented homes are coming to at Regent’s View on the Canal, a major regeneration project in the heart of Bethnal Green. Gateway […]
Florida cities ranked as the best for investors
Miami and Tampa have been ranked as the best cities for property investing based on rising values, incomes and population growth, according to analysis by […]
Building owners must act in haste after Grenfell
By Shoosmiths partner Richard Symonds, but with contributions from professional support lawyer Amber Wright and partner Hayley Saunders. Three recent events occurred over the last […]
Financier: US landlords set for three difficult years
Investors in the United States will have to withstand two to three years of low rental growth before the market picks up again, the chief […]
Firm brings Dubai real estate to London
Danube Properties has launched its first office in Harrow, London to give British buyers access to the Dubai real estate market. The company adopts a […]
Renters against periodic tenancies – PropertyWire
Most tenants are against periodic tenancies, one of the changes planned in the Renters’ Rights Bill. The bill plans to remove fixed term tenancies, where […]
AI property management documentation firm raises €9 million
Findable has raised a €9 million as it looks to expand into new markets and hire more staff. The Oslo-based startup works by sorting and […]
Labour hints at new EPC system
Energy secretary Ed Miliband’s use of the words EPC ‘or equivalent’ suggests there could be an alternative assessment method coming to the market, according to […]
Labour shortages and rising material costs hitting developers hard
Housebuilders are under significant pressure, with 78% grappling with rising building costs, a study by construction platform PlanRadar has found. Labour shortages are contributing to […]
Keir Starmer unveils “planning passports” to boost housebuilding
Prime Minister Keir Starmer plans to bring in “planning passports” that mean inner city homes are automatically approved providing they meet design and quality standards. […]
Labour must give and take from landlords
To provide the best experiences, we and our partners use technologies like cookies to store and/or access device information. Consenting to these technologies will allow […]
Rachel Reeves vows to take on the NIMBYs at party conference
Chancellor Rachel Reeves has pledged to take on the “blockers” that frustrate the housebuilding process at Labour’s annual party conference. She said there was a […]
Construction industry facing crisis after major firm falls into administration
The construction industry is in shock after major firm ISG fell into administration, leaving thousands of workers unemployed and affecting smaller firms in the supply […]
Tips on buying an overseas holiday home
Derek Henry is managing director at holiday at Intasure Buying a property abroad has never been more appealing. The English Housing Survey revealed that 2.1 […]
Landlords warned ‘time is of the essence’ as Autumn Budget looms
Duncan Kreeger, CEO of TAB, speaks to sellhousefast.co.uk as landlords look ahead to the Autumn Budget It’s certainly true that whispers of a potential capital […]
October 30th budget set to shake foundations of property market
Trevor Abrahmsohn is chief executive of Glentree International In a rising property market, the sun is always shining, and although I can’t say that transactions […]
Budget uncertainty replacing election uncertainty in Prime London
London’s super-prime £10 million plus market has experienced both a sluggish July and August, as uncertainty around the election has been replaced with nervousness on […]
Office environment has put off a third of young people
The quality and location of commercial properties sways a large number of people on whether to take a job, analysis from real estate investment firm […]
AI can revolutionise the home buying process, but it requires a human touch
AI has the potential to transform the home-buying process, although the risk of bias necessitates human involvement, according to new research from global real estate […]
UK Finance urges government to retain stamp duty levels
Trade body UK Finance has called on Labour to make it so first-time buyers don’t pay stamp duty on the first £425,000 of purchases permanently. […]
Bank of England holds interest rate at 5.0%
The Bank of England has held the interest rate at 5.0%, which was expected but could still come as a disappointment to some mortgage holders. […]
GetGround starts accepting landlords operating as individuals
Property investment platform GetGround has opened its platform up to individual landlords, not just those operating through a limited company. The company started by helping […]
Rogue landlord fined £32,000 – PropertyWire
A landlord who let their HMO fall into disrepair and failed to fix the issues despite multiple warnings has been fined £31,840. The landlord, who […]
Developer launches global property consultancy
London-based multi-use developer, Rockwell has launched Rockwell Development Advisory, a consultancy service for projects around the world. Rockwell pledged to provide specialist value engineering, cost […]
Housing market on course for bumper decade, says Moverly
Property pack provider Moverly has declared that the housing market is on course for a strong decade based on the transaction levels in the 2020s […]
South East office landlords selling old stock rather than refurbishing
Landlords in London and the South East of England are regularly selling older offices for 20% under their asking price. This is down to the […]
Law firm reacts to the Renters’ Rights Bill
Lawhive’s Daniel McAfee, head of legal operations & UK lawyer at Lawhive, analyses the potential legal consequences of the Renters Rights Bill and its implications should […]
North-South divide in rents narrowing
The gap between the cost of renting in the North and South of England has narrowed to its lowest point in over a decade, Hamptons […]
Leasehold & Freehold Reform Act: Why the general election has put millions of homeowners in limbo
Lauren Blackman, partner at Gardner Leader The Leasehold & Freehold Reform Act was introduced in May of this year to bring long-term change to homeowning […]
Property prices surge on Glasgow’s southside
Property across Glasgow’s sought-after southside is selling for almost 25% more than the city-wide average, analysis of figures compiled by Savills via MyHousePrice.com has revealed. […]
‘Banking hubs’ to replace branches
In the next five years the UK will have 350 ‘banking hubs’, shared spaces on the high street where bank representatives work on rotation. Banks […]
‘The PRS is heading for a brave new world – we’re looking forward to it’
Gary Wright is chief executive of Flatfair As the country girds its loins for what Prime Minister, Keir Starmer, has warned will be a ‘painful’ […]
21 tenants competing for every rental property
Some 21 tenants are competing for every rental property on the market – highlighting the challenge faced by renters, Zoopla’s Rental Market Report has revealed. […]
Agent sees rise in fraud cases
London estate agent Benham and Reeves said it’s identifying a large amount of fraud, from fake IDs to undeclared County Court Judgements (CCJs). Several applications […]
Leasehold and Freehold Act causing uncertainty in the market
Lease lengths are being granted at both 990 years and 50-90 years, as only some are honouring the provisions in the Leasehold and Freehold Act. […]
RICS: Tenant supply and demand becoming more squeezed
Tenant demand is rising while supply is falling, which means rents are likely to increase in the months ahead, the RICS Residential Survey found. A […]
Section 21 ban to go through next summer
The Section 21 eviction ban is expected to be in place by the summer of 2025, according to housing minister Matthew Pennycock. The Renters’ Rights […]
NRLA: Give the industry time with Section 21 ban
The National Residential Landlords Association has warned Labour to give the industry time to prepare for the Section 21 eviction ban. Writing ahead of the […]
Renters’ Rights Bill to enter parliament this week
The bill banning Section 21 evictions is set to come to the House of Commons for its first reading this week. The Renters’ Rights Bill […]
Stoke, Liverpool and Edinburgh the best cities to profit as a student landlord
Landlords in Stoke-on-Trent typically achieve annual yields of 9.43%, making it the most profitable area to be a buy-to-let landlord. Average house prices come to […]
Knight Frank launches £110m build-to-rent investment in Manchester
The Slate Yard in Manchester, a build-to-rent development completed in 2020, is on sale for a guide price of £110 million. The development has 424 […]
US landlord analytics platform launches
Property investors in the US can easily compare house prices, landlord friendliness and the state of employment across the country to help them decide where […]
How to prep for the winter months
HaMuch, a company that helps you find tradespeople at a great price, highlights which tasks homeowners need to tackle before the weather takes a turn, […]
Rachel Reeves vs. the Nimbys: Labour’s battle for housing reform
By Daniel Austin, CEO and co-founder at ASK Partners Since taking office, Labour has committed to reshaping Britain’s economy, led by Chancellor Rachel Reeves. In […]
More engineers needed for heat pumps to take off
There’s a shortage of qualified engineers able to partake in the Boiler Upgrade Scheme (BUS), where people get a grant of up to £7,500 to […]
Halifax: House price growth at two-year high
House prices rose by 4.3% in August compared to the same period a year ago, marking the highest level of annual growth since November 2022. […]
Generation Rent: Government should encourage landlord-to-landlord sales
The upcoming Renters’ Rights Bill should encourage landlords to sell to one another, or to their tenants, according to tenant campaign group Generation Rent. The […]
REA’s audacious bid for Rightmove
Trevor Abrahmsohn is an agent at Glentree International Well, well, well, the Australian online property conglomerate, REA (part-owned by Rupert Murdoch’s News International) is making […]
Grenfell Tower disaster blamed on deregulation-obsessed government and dishonest companies
Dishonest cladding manufacturers and government institutions more focused on cost-cutting than upholding safety standards have been blamed on the 2017 Grenfell Tower Fire. Incompetent and weak […]
Short lease properties available at hefty discount
Properties with a lease ending within 80 years can be secured at a discount of £36,000, 12% less than the surrounding properties, analysis by Open […]
Housebuilder invests £83 million into Weston-super-Mare project
UK housebuilder Keepmoat will invest £83 million into revitalising a former RAF base in Weston-super-Mare as part of a wider regeneration scheme across the seaside […]
Annual rental growth sits at 7% in August
The cost of renting surged by 7% year-on-year in August, bringing the average to £1,438 across the whole of England, Goodlord research shows. This is […]
Government handed 10 point plan to ‘save’ SME developers from ‘extinction’
Housing developer Pocket Living has launched a campaign encouraging the government to boost the industry of SME housebuilders in the UK. There are 10 recommendations […]
Lloyds Bank and Halifax loosens mortgage criteria
Lloyds Bank and Halifax has started mortgage lending at 5.5 times people’s income, up from 4.49. According to analysis from Mojo Mortgages this makes mortgages […]
London landlord has properties seized by council
Merton Council has taken ownership of properties from a rogue landlord after months of tenant complaints were ignored. The council will use the rental income […]
Fractional real estate platform launches into UAE
European investment platform Konvi has launched into the United Arab Emirates, enabling investors to sink money into Dubai and Abu Dhabi’s property markets. Investors can […]
Marsden relaunches expat holiday let range
Marsden Building Society has re-entered the expat holiday let market in England and Wales – with rates from 5.89%. Both UK and foreign nationals can […]
