Category: Real Estate

The government has stopped increasing the money disabled people in England can claim to adapt their homes – seemingly dropping a previous pledge. The maximum amount a person is entitled

The former chief executive of WeWork Adam Neumann has attempted to buy his beleaguered former company back. He approached the bankrupt firm about a potential deal in December, while a

A growing number of landlords are falling into mortgage arrears compared to their residential counterparts, UK Finance data shows. Between the third and fourth quarters of 2023 buy-to-let arrears cases

Evictions and repossessions are on the rise – as the Law Society of England and Wales warned that housing legal aid must be made available to tenants in need. Quarterly

Landlords are dealing with excessive delays in regaining possession of their properties due a broken court and bailiff system. One landlord, Dr Renée Hoenderkamp, filed an eviction notice in January

The National Landlord Investment Show is being held at Olympia London on 6 March 2024. The free-to-attend one-day event features 50+ seminars, offering the latest insights and advice on everything

A landlord who allowed his properties to be used as cannabis growing factories has been jailed. Jeremy Southgate, 63, installed ghost tenants into the properties, while he also ran a

Mortgage brokers are becoming increasingly bullish about the state of the mortgage market – a promising sign that the flow of transactions is expected to improve this year. Some 83%

Locksmiths are the highest-earning tradespeople in the UK, with an average hourly wage of £44.65, analysis from Capital on Tap has revealed. They are able to charge more due to

Student housing is seen as the most appealing property investment in the next 12 months, according to a report from the mortgage lender Together entitled ‘Opportunities and Outlook; the future

Ritchie Clapson CEng MIStructE is a veteran property developer of 40+ years, an author, industry commentator, and co-founder of the leading property development training company propertyCEO According to The Hitchhiker’s

Members of the National Residential Landlords Association can now use Title Guardian’s anti-fraud, digital monitoring tool, after a partnership was established between the two groups. This collaboration will provide landlords

The number of mortgages approved in December soared by 25.6% year-on-year, signalling that the buyers are settling into the environment of relatively high mortgage rates. There were 50,459 mortgages approved

The cost of renting increased by 1.8% in Greater London in January – pushing average prices up to £1,968 in the capital. Elsewhere prices increased by 1.5% in the North

London tenants who stay in their property for more than a year are paying 13 months’ rent a year to the cost of renewal fees, research from property-tech lettings company,

The Labour Party has committed to extending Awaab’s Law – where social landlords have to fix hazards quickly – to the private sector if they come to power. The new

Landlords can suffer a ‘double jeopardy’ of tenants committing anti-social behaviour and taking action against them due to selective licensing schemes, Landlord Licensing & Defence has warned. Des Taylor, a

Michael Ellis, partner in the property & commercial litigation team at Wilsons Solicitors LLP Over the past 10 years residential landlords of assured shorthold tenancies have had to deal with

The amount of super prime tenancies has increased by 10% in 2023, signalling a return of the prestigious end of the UK rental market, Knight Frank research has revealed. Super

By Sarah Thompson, managing director, Mortgage Scout Compared with a decade ago, today’s first-time buyers are older, more likely to buy with a partner and more likely to have dependent

While property prices are set to fall across much of the UK in early 2024, the North East should be a notable exception. That is according to homemoving quote service

The Bristol economy is expected to grow by 8.9% over the next five years, significantly outpacing the rest of the UK, a report from commercial real estate firm Avison Young

There’s been a strong seasonal bounce of mortgage activity – driven by pent-up demand and rates dropping below 5%, Zoopla research has found. UK buyer demand is up 12% and

The UK’s next elected government needs to engage in an “urgent and sensible conversation” around the green belt, global property consultancy Knight Frank has urged. Focusing on inner town and

By Allison Thompson, national lettings managing director, Leaders Romans Group 2024 will be a year to watch for landlords, especially those who are self-managing, as there will likely be many

Building inspections are the most in-demand property management service in London, SBA Property Management has found. This is likely a consequence of wider reforms to building health and safety, which

People living in Vancouver on average have C$360,683 consumer debt – six times the national average in Canada, research from savvynewcanadians.com has found. Vancouver is an expensive place to live,

Glasgow has been the UK city with the biggest rise in the number of buy-to-let properties in the past year, closely followed by Nottingham, Leeds and Bristol, research from Simply

James Parratt is in the real estate disputes team at Thomson Snell & Passmore Insolvency numbers have risen 10% from a year ago and the number of companies that are

The average cost of a short-term holiday let sits at £3,325 per month across 30 UK hotspots – 292% more than a long-term rental. The research, from Zero Deposit, found

Complete Fibre, the Full Fibre infrastructure specialist, has been selected by social housing provider Raven Housing Trust to enable the safe and strategic rollout of Full Fibre networks to its

Multiple London landlords have come forward saying they have been scammed by the same letting agent working in tandem with a tenant. It previously emerged that a landlord was approached

Storm damage to property was the cause of over a quarter of claims for their residential property clients in 2023. The average cost per claim for storm damage to property

The government is considering introducing a 1% deposit mortgage scheme as part of Chancellor Jeremy Hunt’s upcoming March Budget, The Independent reports. It’s typical for lenders to require a 10%

It takes an average of 16 property viewings for homes to be sold, research from Quick Move Now has revealed. This rises to 27 in Greater London, while in the

Estate agency membership group Propertymark has urged the government to make it so private rented sector property managers need to be qualified. Currently that just applies to those working in

Alan Twine and Celia Berg are partners from law firm BCLP Forward funding structures are typically used when developers have obtained detailed planning permission for a site. The site is

The owners of long-term empty homes in Haringey will be forced to pay double their council tax bill one year earlier. This week the cabinet voted to charge 200% council

Yulia Barnes is founder and managing partner of Barnes Law 2024 is set to be another significant year for the property sector, with many legislative changes, consultations and reviews underway.

North of England housebuilder, Homes by Esh, has brought forward a development of 144 energy efficient homes in Darlington. The collection of two-, three- and four-bedroom houses at Hurworth Meadows

By Allison Thompson, national lettings managing director, Leaders Romans Group Damp and mould are two of the most common issues in rented properties, with surface mould caused by condensation one

Landlords are urging MPs to back ‘pragmatic’ changes to the Renters (Reform) Bill. One change being proposed is that tenants would only be able to give notice to leave a

The CPI inflation rate inched up to 4.0% in December – making the prospect of a base rate rise less likely. Inflation rose from 3.9% in November, the first increase

Relentless sales techniques associated with spray foam insulation have been condemned by manufacturer Huntsman Building Solutions. Salespeople for spray foam insulation have been known to wrongly label themselves as surveyors,

Having an energy efficient home is important to 72% of buyers – indicating that it’s increasingly becoming a priority, research from property portal Share to Buy has revealed. The cost

Cranleigh in Surrey will see its housing stock boosted this winter by one-bedroom apartments and two-bedroom houses being sold with the shared ownership model. They will start from £102,000 (30%

Landlords are doubling down on urban flats as prospective buyers revert to city living amidst the return to office working, research from Shawbrook Bank has revealed. Over a quarter of

A landlord has taken action after being bamboozled into letting to a tenant who didn’t pay the rent and sublet her property. Julia Reeves is an American landlord currently living

Property investors are increasingly struggling with tenants who are late or not paying the rent, research from mortgage lender Molo has found. The financial impact of late rent is significant,

Over 50,000 buy-to-let companies were set up in 2023, highlighting that the limited company model is becoming more dominant in the UK. Despite the market seeing a downtown, the number

Landlords with holiday lets in Wales will have to join a register saying where and how they are operating, under plans unveiled this week. Legislation is expected to be introduced

Flexible workspace provider infinitSpace has entered into a management agreement with FTSE-listed real estate firm Helical plc to launch a new state-of-the-art flexible workspace location in The Bower complex in

Two-fifths (44%) of landlords are worried about tenants being unable to pay rent as we head into the new year, highlighting how fragile affordability has become, research from mortgage lender

Rents fell by 0.9% between November to December – providing some respite to tenants after months of increases, the HomeLet Rental Index has revealed. All regions saw the cost of

Lending for commercial construction is expected to fall for the ninth year in a row, underlying how demand for office space and high street retail has declined over the period,

New rules expecting social landlords to tackle issues like mould quickly won’t be passed on to the private sector, a debate in the House of Lords indicates. The rules will

Householders dealing with the aftermath of Storm Henk can take steps to protect their homes from future flood events, which have been underlined by The Property Care Association. The group

At the time of writing there are 82 flood warnings in place in England. Meanwhile there could be more adverse conditions coming, as the Met Office has warned of an

UK housing stock would be better optimised if stamp duty was waived for the over-65s, persuading more people to downsize. That’s according to a report from the London School of

House prices will fall in 34 of the 50 largest US cities in the year to November 2024. The prediction was made by real estate firm ZIllow, which said there’s

A third (32%) of UK homeowners plan to take on major home renovation projects next year, according to data from Confused.com. The most common reasons for renovating in 2024 include

London has the most social landlords with mouldy and unsafe homes in the UK. Some 20 out of 33 associations and councils called out by housing secretary Michael Gove are

The North East of England is the place to be if you want to invest in properties under £100,000 that offer strong yields. Of the top five affordable regions with

Landlords operating HMOs in Greenwich need to ensure they’re signed up to an additional licensing scheme this week, or they risk being hit with a devastating fine of up to

By, Trevor Abrahmsohn, Glentree International With the spring Budget looming on March 6, there are theatrical whispers about the prospect that the Chancellor will either reform or scrap Inheritance Tax

Fall throughs cost UK buyers and sellers an estimated £270m in the third quarter of last year. This represents the second consecutive quarterly increase, suggesting market conditions are becoming more

Alan Davison, personal finance distribution director at Together shares his five top tips to help first-time buyers get their mortgage plans in order ahead of the 2024 With some mortgage

The abolition of Section 21 evictions poses the greatest challenge in 2024, according to landlords. Limits to rental price increases and changes to notice periods ranked second, while greater rights

The Turkish cities of Ankara and Istanbul saw the highest house price growth in the world in the past year. In Ankara, Turkey’s capital, prices more than doubled by 102.7%,

Londoners spent £28.7bn on homes outside the capital this year, 29% or £11.7bn less than in 2022 and £20.1bn down on 2021 when outmigration peaked, Hamptons research has found. First-time

Charles Leigh, sales director at Finchatton How has the London prime residential property performed in 2023 and how do you think things will go in 2024? The market had a

An increased number of brokers are searching for HMO mortgage products, reflecting that more landlords are taking on this investment type in search of higher returns. Searches for these products

A development of 450 homes will be delivered in South Wootton, on the outskirts of King’s Lynn. The development is designed and built by regional housebuilder Allison Homes East, while

Some 30,000 foreign property owners have registered with Companies House, in what marks a world first. The Register of Overseas Entities came into force in the UK on 1 August

Michael Gove has named and shamed seven councils whom he blamed on blocking housing developments. St Albans, Amber Valley, Ashfield, Medway, Uttlesford, Basildon and Castle Point have failed to submit

UK housing costs 10-15% more than it should according to Zoopla – as prices have only fallen by -1.1% year-on-year despite escalating mortgage rates. However Zoopla said next year incomes

After falling off a cliff in 2023 mortgage lending will fall again next year – before picking up the year after, the Intermediary Mortgage Lenders Association has predicted. Lending is

The CPI inflation rate has fallen again to 3.9% in November – meaning the prospect of a base rate cut next year is more likely. This represents a reduction from

Almost two thirds of private landlords expect to see their mortgage payments increase over the next 12 months – suggesting that further rent increases are on the horizon. Over a

The cost of mortgage payments have surged by 283% since 2021 for landlords using interest-only, highlighting the dramatic effects of rising interest rates, Octane Capital research shows. Buy-to-let mortgage rates

The government has committed a further £1.5 billion to the Boiler Upgrade Scheme from the £6 billion pot committed last year. The scheme offers grants of up to £7,500, after

A lawyer and estate has urged the Scottish government to ‘reset’ its relationship with the landlord sector in today’s Budget, by scrapping rent caps. Andrew Diamond, partner and head of

A rogue investor already banned from operating as a landlord has been using Airbnb through a third party, The Bristol Cable reports. The landlord in question, Naomi Knapp, was previously

Renters earning between £50,000-£74,999 are 82.3% more likely to have been asked to provide a guarantor in 2023 compared to 2020, in signs that landlords have the luxury of being