Category: Real Estate

Jeremy Hunt to unveil 99% Help to Buy-style scheme

Chancellor Jeremy Hunt is planning to launch a 99% mortgage market scheme, as the Conservatives…

Technology infrastructure specialist NCG appoints Christopher Baldock as chair

Technology infrastructure specialist NCG has appointed Christopher Baldock as its new chair. Founded in 2019,…

Tenants don’t have any faith in government

The UK’s renters are not on side with the government – in what is likely…

One in 10 tenants turning to food banks to get by

Some tenants are severely struggling in the current climate, as one in 10 (11%) have…

Buying your office and other commercial property with your SSAS pension

Richard Mattison, director of pensions administrator, Whitehall Group, explains benefit of paying rent to your…

Will rents keep rising? – PropertyWire

By Allison Thompson, national lettings managing director, Leaders Romans Group Typically, rents rise in line…

‘Time to adopt modular construction to bring costs down’

Construction firms have been urged to start using modular construction in order to make the…

Government tightens Airbnb regulations – PropertyWire

Airbnbs will require planning permissions and local councils will have the power to remove permitted…

EDITOR VIEW: Pontificating on Brownfield won’t do much

Last week the government pushed for building on more brownfield land, but for me that’ll…

Rental growth drops back to single digits

The cost of new lets has increased by 8.3% year-on-year – the first time they’ve…

UK inflation rate remains at 4%

The UK inflation rate has remained at 4%, defying forecasts of a rise. The Bank…

HomeLet unveils fake tenancy spotting solution

HomeLet has launched VISTA, a tenant referencing service designed to mitigate fraud risk. The tenant…

What is Flex?

Guy Westlake is founder & chairman of Lavanda In the rapidly evolving world of residential…

Preston most likely to be renovated

The city of Preston has been named the UK region most likely to be renovated…

TPP: Don’t overreact on recession headlines

Fintech platform TPP has urged investors not to overreact to headlines around a recession in…

Professionals calls for return of Help to Buy in Budget

Over a third of property professionals would like to see the reintroduction of Help to…

Government looks to greenlight larger heat pumps

The government is considering changing the permitted development right requirement for heat pumps to be…

Two rogue landlords in Cardiff handed hefty fines

Two landlords in Cardiff have been handed hefty fines for renting out dangerous properties that…

OPINION: Gove’s focus shouldn’t just be on new builds

By Daniel Austin, chief executive and co-founder at ASK Partners The UK has a widely…

Tenants lack confidence in letting agents

Some 39% of tenants don’t feel able to reach out to their letting agents with…

3,000 homes and primary school development planned in Edinburgh

A developer has launched a proposal for a new community in west Edinburgh that promises…

Michael Gove: Democracy under threat by troubled housing market

Democracy is on the line if young people feel unable to get on the housing…

Students struggling to pay the rent

Some two in five undergraduate students have thought about leaving university due to the cost…

Councils are the next Post Office scandal, says landlord expert

Councils are the next Post Office scandal, as they are guilty of severe maladministration, excessive…

How can I help my loved one get on the property ladder?

By Sarah Thompson, managing director, Mortgage Scout Compared with a decade ago, today’s first-time buyers…

House prices in fourth consecutive rise

House prices have risen for four months in a row, as they increased by 1.3%…

Legal aid needed as evictions rise

Evictions and repossessions are on the rise – as the Law Society of England and…

Ex-We Work CEO tries to buy company back

The former chief executive of WeWork Adam Neumann has attempted to buy his beleaguered former…

Buy-to-let arrears cases worsen compared to residential

A growing number of landlords are falling into mortgage arrears compared to their residential counterparts,…

Government shelves promise to fund disabled homes – NRLA responds

The government has stopped increasing the money disabled people in England can claim to adapt…

Gaining repossession can take more than a year – thanks to broken court system

Landlords are dealing with excessive delays in regaining possession of their properties due a broken…

Landlord Investment Show returning next month

The National Landlord Investment Show is being held at Olympia London on 6 March 2024.…

Landlord and fake agent jailed for running drug farms

A landlord who allowed his properties to be used as cannabis growing factories has been…

Intermediaries growing more confident in the market

Mortgage brokers are becoming increasingly bullish about the state of the mortgage market – a…

Locksmiths the highest earning tradespeople

Locksmiths are the highest-earning tradespeople in the UK, with an average hourly wage of £44.65,…

Landlords target student housing – PropertyWire

Student housing is seen as the most appealing property investment in the next 12 months,…

How many new homes do we REALLY need?

Ritchie Clapson CEng MIStructE is a veteran property developer of 40+ years, an author, industry…

Title Guardian partners with the NRLA to protect landlords from fraud

Members of the National Residential Landlords Association can now use Title Guardian’s anti-fraud, digital monitoring…

December mortgage approvals soar by 25%

The number of mortgages approved in December soared by 25.6% year-on-year, signalling that the buyers…

Rents rise as “market isn’t cooling down”

The cost of renting increased by 1.8% in Greater London in January – pushing average…

Tenants paying 13 months a year in rent due to landlord renewal fees

London tenants who stay in their property for more than a year are paying 13…

The Labour Party pledges to extend Awaab’s Law to private sector

The Labour Party has committed to extending Awaab’s Law – where social landlords have to…

Landlords suffer ‘double jeopardy’ with selective licensing schemes

Landlords can suffer a ‘double jeopardy’ of tenants committing anti-social behaviour and taking action against…

The ever-increasing burden on residential landlords

Michael Ellis, partner in the property & commercial litigation team at Wilsons Solicitors LLP Over…

Super Prime tenancies a growth area

The amount of super prime tenancies has increased by 10% in 2023, signalling a return…

How can I help my loved one get on the property ladder?

By Sarah Thompson, managing director, Mortgage Scout Compared with a decade ago, today’s first-time buyers…

North East to buck the trend of house price falls

While property prices are set to fall across much of the UK in early 2024,…

Bristol economy to outpace the rest of the UK

The Bristol economy is expected to grow by 8.9% over the next five years, significantly…

Propertymark urges government to hold landlord forums

Local authorities need to hold landlord forums to allow them to properly engage with the…

Strong activity in 2024 so far despite ‘buyers market’

There’s been a strong seasonal bounce of mortgage activity – driven by pent-up demand and…

Knight Frank urges use of ‘grey belt’

The UK’s next elected government needs to engage in an “urgent and sensible conversation” around…

What landlords should watch out for in 2024

By Allison Thompson, national lettings managing director, Leaders Romans Group 2024 will be a year…

Landlords show strong demand for building inspections

Building inspections are the most in-demand property management service in London, SBA Property Management has…

Vancouver residents have huge household debt

People living in Vancouver on average have C$360,683 consumer debt – six times the national…

Buy-to-let landlords flock to Glasgow

Glasgow has been the UK city with the biggest rise in the number of buy-to-let…

Insolvent tenants of commercial premises  – what are a landlord’s options?

James Parratt is in the real estate disputes team at Thomson Snell & Passmore Insolvency…

Holiday homes far more expensive than the PRS

The average cost of a short-term holiday let sits at £3,325 per month across 30…

Complete Fibre and Raven Housing Trust partner for Full Fibre rollout

Complete Fibre, the Full Fibre infrastructure specialist, has been selected by social housing provider Raven…

EXCLUSIVE: Trio of landlord sublet victims come forward

Multiple London landlords have come forward saying they have been scammed by the same letting…

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…

Government considers introducing 1% mortgage

The government is considering introducing a 1% deposit mortgage scheme as part of Chancellor Jeremy…

Homes generally took 16 viewings to sell in 2023

It takes an average of 16 property viewings for homes to be sold, research from…

Propertymark: private sector property managers should be regulated

Estate agency membership group Propertymark has urged the government to make it so private rented…

Forward funding – how it works and new complexities

Alan Twine and Celia Berg are partners from law firm BCLP Forward funding structures are…

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…

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…

Energy efficient homes launched in Darlington

North of England housebuilder, Homes by Esh, has brought forward a development of 144 energy…

Damp and mould changes – a landlord’s responsibility

By Allison Thompson, national lettings managing director, Leaders Romans Group Damp and mould are two…

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…

UK inflation in surprise increase

The CPI inflation rate inched up to 4.0% in December – making the prospect of…

High-pressure spray foam selling tactics condemned

Relentless sales techniques associated with spray foam insulation have been condemned by manufacturer Huntsman Building…

Aspiring buyers prioritise energy efficiency

Having an energy efficient home is important to 72% of buyers – indicating that it’s…

SO Resi launches shared ownership homes in Surrey

Cranleigh in Surrey will see its housing stock boosted this winter by one-bedroom apartments and…

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…

EXCLUSIVE: Landlord fighting back in sublet arrears case

A landlord has taken action after being bamboozled into letting to a tenant who didn’t…

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,…

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…

What insurance protects you against flood damage

At the time of writing there are 82 flood warnings in place in England. Meanwhile…

Wales launches holiday let licensing scheme

Landlords with holiday lets in Wales will have to join a register saying where and…

Landlords worried about tenant affordability

Two-fifths (44%) of landlords are worried about tenants being unable to pay rent as we…

Rent drops for second month in a row

Rents fell by 0.9% between November to December – providing some respite to tenants after…

Commercial construction lending drops for ninth consecutive year

Lending for commercial construction is expected to fall for the ninth year in a row,…

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…

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…

Trade body’s property protection tips to tackle flooding

Householders dealing with the aftermath of Storm Henk can take steps to protect their homes…

Voters prioritising household effiiency – PropertyWire

More than three quarters (77%) of voters across ten marginal constituencies want the government to…

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,…

One in three homeowners renovating in 2024

A third (32%) of UK homeowners plan to take on major home renovation projects next…

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…

North East the best region for affordable investing

The North East of England is the place to be if you want to invest…

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…

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…

More property transactions falling through

Fall throughs cost UK buyers and sellers an estimated £270m in the third quarter of…

Mortgage Applications: getting ready to buy in 2024

Alan Davison, personal finance distribution director at Together shares his five top tips to help…

Landlords:  Losing Section 21 the biggest challenge of 2024

The abolition of Section 21 evictions poses the greatest challenge in 2024, according to landlords.…

Turkey experiencing fastest house price growth in the world

The Turkish cities of Ankara and Istanbul saw the highest house price growth in the…

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…

What lies ahead for prime markets in 2024

Charles Leigh, sales director at Finchatton How has the London prime residential property performed in…

Landlords focusing on HMOs – PropertyWire

An increased number of brokers are searching for HMO mortgage products, reflecting that more landlords…

450 homes being developed in King’s Lynn village

A development of 450 homes will be delivered in South Wootton, on the outskirts of…

30,000 register as overseas property owners

Some 30,000 foreign property owners have registered with Companies House, in what marks a world…

Michael Gove points finger at councils

Michael Gove has named and shamed seven councils whom he blamed on blocking housing developments.…

House prices way over-valued, says Zoopla

UK housing costs 10-15% more than it should according to Zoopla – as prices have…

IMLA: Mortgage market to worsen next year – before rebounding

After falling off a cliff in 2023 mortgage lending will fall again next year –…

Inflation rate drops to 3.9%

The CPI inflation rate has fallen again to 3.9% in November – meaning the prospect…

Higher mortgage payments haven’t finished filtering through to rents

Almost two thirds of private landlords expect to see their mortgage payments increase over the…

Buy-to-let landlords paying nearly 3x more

The cost of mortgage payments have surged by 283% since 2021 for landlords using interest-only,…

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…

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…

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…

Banned landlord under fire for using Airbnb

A rogue investor already banned from operating as a landlord has been using Airbnb through…

Tech company adds AI descriptions and EPC lookups

PropertyBox, which enhances photos using AI, has targeted becoming the first all-in-one AI property marketing…

Falling swap rates indicate lower mortgage rates on the horizon

Mortgage rates are predicted to fall next year as lenders take advantage of cheaper funding,…

MPs: Funding needed to make Renters Reform Bill work

The Renters Reform Bill is doomed to fail unless local authorities are given more money…

Spitfire Homes secures site in Halesowen for 61 new homes

Spitfire Homes has completed the acquisition of a 5.6-acre brownfield site in Halesowen. The Midlands-based…

Unleash human potential and business growth with robotics process automation

Callum Board, client success director at REdirect As more property companies in the UK are…

Even wealthy tenants being asked for guarantors

Renters earning between £50,000-£74,999 are 82.3% more likely to have been asked to provide a…

Interest rates held at 5.25% – reaction

The Bank of England has opted to keep interest rates on hold at 5.25%, where…

Heat pumps could be the norm from 2025

The government has targeted making heat pumps the standard way of heating a property from…

Empty building epidemic worsening – PropertyWire

Empty or derelict commercial properties on the high street are growing, according to 58% of…

Off-market property platform builds up steam in 2023

Some 50,000 buyers are now using Invisible Homes, a platform linking buyers with off-market properties.…

What’s in store for us in 2024?

By Trevor Abrahmsohn, Glentree International As we near the watershed at the end of the…

Labour pledges to make commonhold the default “if the government cannot deliver”

Shadow deputy prime minister Angela Rayner has pledged to make commonhold the default tenure for…

Student loans must reflect higher rents, says Hybr

The size of student loans must increase to compensate for the increasingly high rents charged…

UK Finance: Buy-to-let lending on course for -53% drop this year

The value of new UK buy-to-let lending is set to fall by -53% in 2023…

The retirement living evolution – a brighter future for retirement communities.

Dominic Stead is property director at My Future Living The recent Autumn Budget brought some…

More estate agency mergers predicted in 2024

It’s likely there will be more mergers and acquisitions among estate agencies in 2024, Tom…

‘2024 likely to be another tough year for landlords’

Next year is likely to be tricky for landlords due to factors including the uncertainty…

Retrospective leasehold reform could result in £31bn compensation drive

The government’s plans to retrospectively introduce a cap on ground rents could cost the taxpayer…

North London landlord forced to return £20,000 of rent

A landlord in Tottenham has been ordered to pay 12 months of rent and a…

Time to take politics out of housing with cross-party group

By Ritchie Clapson CEng MIStructE, co-founder of property development training company propertyCEO The modern era…

DJ Alexander: Encourage green energy with incentives, not punishments

Scotland’s consultation to introduce green heating systems requires more of a carrot than stick approach,…

Platform specalising in rent-to-rent launches

A property platform has launched which pairs investors with brokers using the rent-to-rent model, called…

Rogue landlords fined for evicting tenant with brain tumour and relisting property

Landlords in New Zealand have been fined after evicting a single mother with a brain…

Three in four landlords raised rent this year

Three quarters of buy-to-let landlords (76%) have raised rent over the past year with the…

Rents up 7% year-on-year in England

Rental growth sits at 7.3% year-on-year in England, bringing the average to £1,666 in November.…

November property market unusually strong compared to September

Due to the improved economic outlook the November property market was stronger than September, a…

OnTheMarket founder blasts takeover as “short-termism on steroids”

OnTheMarket founder Trevor Abrahmsohn has accused the company’s shareholders of taking “gain today for pain tomorrow”…

Leaseholds to eventually be replaced by commonhold

Leasehold flats will eventually be banned and replaced by commonhold – though this is not…

Scottish council to double taxation on second homes

Argyll and Bute council is set to double council tax on second homes and long-term…

More landlords taking out 5-year fixes

A growing number of landlords are taking out five-year fixed rates, after they lost popularity…

Mortgage approvals at three-month high

Mortgage approvals rose at a greater rate than economists expected in October, signalling that the…

Tech growth to continue fuelling North West digital sector

Manchester and Liverpool’s creative and digital sectors are predicted to see growth of more than…

Younger buyers more open to green improvements

While a quarter of over-55s wouldn’t make any green home improvements if they have the…

Buy-to-let arrears cases double in just one year

Cases of buy-to-let arrears have skyrocketed by 100% in a single year, as more landlords…

Protecting the Bank of Mum and Dad (and other similar “banks”)

Jenifer Martindale is partner in the property & commercial litigation team at Wilsons Solicitors.  As…

Sadiq Khan calls for more action to tackle damp issues

The Mayor of London has asked the government to do more to tackle the issue…

US housing market to recover in second half of 2024

American home sales are expected to turn a corner in the second half of 2024…

Investing in Ghana – PropertyWire

Propertywire speaks to sisters Anna and Victoria Agyekum, founders of London-based boutique agency, On Point…

The Renters Reform Bill from an immigrant’s perspective

Olusegun Akinfenwa writes for Immigration Advice Service, a law firm based in the United Kingdom…

Leasehold and Freehold Reform Bill moving through parliament

The government has finally started moving the Leasehold and Freehold Reform Bill through parliament, which…

Bellway starts work on townhouses at Barking Riverside development

Bellway London has started work on a range of townhouses at the Barking Riverside regeneration…

Landlord deposit schemes to go hand-in-hand with evictions

Landlords will need to make sure they’re using a deposit scheme if they want to…

Propertymark urges Scottish government to end rent cap

Propertymark has appealed to the Scottish government to end the rent cap following Scottish Labour’s…

Newcastle the worst city for rental affordability

In Newcastle tenants have the hardest time finding a property based on the average cost…

Webinar to help agents prep for the Renters (Reform) Bill in 2024 tomorrow

A webinar is being hosted by Goodlord to explore how agents can get ahead of…

Lender urges industry to bring 95% LTV lending back

Mortgage lenders need to step up and offer 95% loan-to-value mortgages to help tackle the…