Category: Real Estate

Real Estate

One in four property insurance claims come from storm damage

Storm damage to property was the cause of over a quarter of claims for their residential property clients in 2023.

Real Estate

Government considers introducing 1% mortgage

The government is considering introducing a 1% deposit mortgage scheme as part of Chancellor Jeremy Hunt’s upcoming March Budget, The

Real Estate

Homes generally took 16 viewings to sell in 2023

It takes an average of 16 property viewings for homes to be sold, research from Quick Move Now has revealed.

Real Estate

Propertymark: private sector property managers should be regulated

Estate agency membership group Propertymark has urged the government to make it so private rented sector property managers need to

Real Estate

Forward funding – how it works and new complexities

Alan Twine and Celia Berg are partners from law firm BCLP Forward funding structures are typically used when developers have

Real Estate

Haringey homeowners to pay double council tax on empty homes after a year

The owners of long-term empty homes in Haringey will be forced to pay double their council tax bill one year

Real Estate

Another year of change? How property law will evolve in 2024

Yulia Barnes is founder and managing partner of Barnes Law 2024 is set to be another significant year for the

Real Estate

Energy efficient homes launched in Darlington

North of England housebuilder, Homes by Esh, has brought forward a development of 144 energy efficient homes in Darlington. The

Real Estate

Damp and mould changes – a landlord’s responsibility

By Allison Thompson, national lettings managing director, Leaders Romans Group Damp and mould are two of the most common issues

Real Estate

More landlord-friendly amendments could be added to Renters Reform Bill

Landlords are urging MPs to back ‘pragmatic’ changes to the Renters (Reform) Bill. One change being proposed is that tenants

Real Estate

UK inflation in surprise increase

The CPI inflation rate inched up to 4.0% in December – making the prospect of a base rate rise less

Real Estate

High-pressure spray foam selling tactics condemned

Relentless sales techniques associated with spray foam insulation have been condemned by manufacturer Huntsman Building Solutions. Salespeople for spray foam

Real Estate

Aspiring buyers prioritise energy efficiency

Having an energy efficient home is important to 72% of buyers – indicating that it’s increasingly becoming a priority, research

Real Estate

SO Resi launches shared ownership homes in Surrey

Cranleigh in Surrey will see its housing stock boosted this winter by one-bedroom apartments and two-bedroom houses being sold with

Real Estate

Landlords invest in urban flats amidst the return to office working

Landlords are doubling down on urban flats as prospective buyers revert to city living amidst the return to office working,

Real Estate

EXCLUSIVE: Landlord fighting back in sublet arrears case

A landlord has taken action after being bamboozled into letting to a tenant who didn’t pay the rent and sublet

Real Estate

UK landlords owed an average of £725 in late rent

Property investors are increasingly struggling with tenants who are late or not paying the rent, research from mortgage lender Molo

Real Estate

50,000 buy-to-let companies set up 2023

Over 50,000 buy-to-let companies were set up in 2023, highlighting that the limited company model is becoming more dominant in

Real Estate

Wales launches holiday let licensing scheme

Landlords with holiday lets in Wales will have to join a register saying where and how they are operating, under

Real Estate

Landlords worried about tenant affordability

Two-fifths (44%) of landlords are worried about tenants being unable to pay rent as we head into the new year,

Real Estate

Rent drops for second month in a row

Rents fell by 0.9% between November to December – providing some respite to tenants after months of increases, the HomeLet

Real Estate

Commercial construction lending drops for ninth consecutive year

Lending for commercial construction is expected to fall for the ninth year in a row, underlying how demand for office

Real Estate

Social landlord rules won’t be mirrored in private sector

New rules expecting social landlords to tackle issues like mould quickly won’t be passed on to the private sector, a

Real Estate

infinitSpace launches third flexible workspace in London within The Bower

Flexible workspace provider infinitSpace has entered into a management agreement with FTSE-listed real estate firm Helical plc to launch a

Real Estate

Trade body’s property protection tips to tackle flooding

Householders dealing with the aftermath of Storm Henk can take steps to protect their homes from future flood events, which

Real Estate

Voters prioritising household effiiency – PropertyWire

More than three quarters (77%) of voters across ten marginal constituencies want the government to do more to help make

Real Estate

Stamp duty should be waived for over 65s, report recommends

UK housing stock would be better optimised if stamp duty was waived for the over-65s, persuading more people to downsize.

Real Estate

One in three homeowners renovating in 2024

A third (32%) of UK homeowners plan to take on major home renovation projects next year, according to data from

Real Estate

London social landlords the worst offenders on damp and mould

London has the most social landlords with mouldy and unsafe homes in the UK. Some 20 out of 33 associations

Real Estate

North East the best region for affordable investing

The North East of England is the place to be if you want to invest in properties under £100,000 that

Real Estate

Greenwich landlords risk £30,000 fine if they fail to sign up to HMO licensing scheme

Landlords operating HMOs in Greenwich need to ensure they’re signed up to an additional licensing scheme this week, or they

Real Estate

Is inheritance tax a dastardly double dip by the Revenue, or a feeble form of wealth distribution?

By, Trevor Abrahmsohn, Glentree International With the spring Budget looming on March 6, there are theatrical whispers about the prospect

Real Estate

More property transactions falling through

Fall throughs cost UK buyers and sellers an estimated £270m in the third quarter of last year. This represents the

Real Estate

Mortgage Applications: getting ready to buy in 2024

Alan Davison, personal finance distribution director at Together shares his five top tips to help first-time buyers get their mortgage

Real Estate

Landlords:  Losing Section 21 the biggest challenge of 2024

The abolition of Section 21 evictions poses the greatest challenge in 2024, according to landlords. Limits to rental price increases

Real Estate

Turkey experiencing fastest house price growth in the world

The Turkish cities of Ankara and Istanbul saw the highest house price growth in the world in the past year.

Real Estate

What lies ahead for prime markets in 2024

Charles Leigh, sales director at Finchatton How has the London prime residential property performed in 2023 and how do you

Real Estate

Londoners spending less outside the capital this year

Londoners spent £28.7bn on homes outside the capital this year, 29% or £11.7bn less than in 2022 and £20.1bn down

Real Estate

Landlords focusing on HMOs – PropertyWire

An increased number of brokers are searching for HMO mortgage products, reflecting that more landlords are taking on this investment

Real Estate

450 homes being developed in King’s Lynn village

A development of 450 homes will be delivered in South Wootton, on the outskirts of King’s Lynn. The development is

Real Estate

30,000 register as overseas property owners

Some 30,000 foreign property owners have registered with Companies House, in what marks a world first. The Register of Overseas

Real Estate

Michael Gove points finger at councils

Michael Gove has named and shamed seven councils whom he blamed on blocking housing developments. St Albans, Amber Valley, Ashfield,

Real Estate

House prices way over-valued, says Zoopla

UK housing costs 10-15% more than it should according to Zoopla – as prices have only fallen by -1.1% year-on-year

Real Estate

IMLA: Mortgage market to worsen next year – before rebounding

After falling off a cliff in 2023 mortgage lending will fall again next year – before picking up the year

Real Estate

Inflation rate drops to 3.9%

The CPI inflation rate has fallen again to 3.9% in November – meaning the prospect of a base rate cut

Real Estate

Buy-to-let landlords paying nearly 3x more

The cost of mortgage payments have surged by 283% since 2021 for landlords using interest-only, highlighting the dramatic effects of

Real Estate

Government allocates extra £1.5 billion to Boiler Upgrade Scheme

The government has committed a further £1.5 billion to the Boiler Upgrade Scheme from the £6 billion pot committed last

Real Estate

Scottish government urged to scrap rent controls in today’s Budget

A lawyer and estate has urged the Scottish government to ‘reset’ its relationship with the landlord sector in today’s Budget,

Real Estate

Housr launches £5m growth funding round ahead of UK and US expansion

Student living start-up Housr has opened the door to investors for a £5 million growth funding round, as it looks

Real Estate

Banned landlord under fire for using Airbnb

A rogue investor already banned from operating as a landlord has been using Airbnb through a third party, The Bristol