The concept of building new towns once epitomised a transformative approach to addressing housing and infrastructure challenges in Britain. From early developments such as Letchworth Garden City to post-war projects like Milton Keynes, these planned communities provided innovative solutions to overcrowding and economic stagnation. Yet, momentum appeared to stall in […]
Mark Wilson – Director of Myleasehold and a member of ALEP (Association of Leasehold Enfranchisement Practitioners) discusses the Commonhold Default Risk as well as Market Confidence and the Management Reality. I have previously addressed the fact that commonhold, while well-intentioned, could reduce flat values and increase ownership costs. But that’s […]
Exclusive new insight from COHO, the HMO management platform, reveals that almost half of shared living tenants would happily pay a rental premium of up to 10% if they knew that they were socially compatible with their housemates. Shared living is something that many people have or will experience at […]
Airbnb has rapidly evolved from a handy way to let out spare rooms to a business opportunity for committed or startup landlords. It has opened doors across the globe, enabling people to generate income from spare rooms, or by building bespoke and boutique properties as a dedicated business. However you […]
Fee-free mortgage broker Mojo Mortgages has asked its in-house expert mortgage advisors to share their top seven strategies for helping someone stand out in a property bidding war. Mortgage brokers share 7 proven tactics to win a property bidding war Here are Mojo Mortgages’ top tips to help you make a winning […]
Are you ready to sell your property? If so remember to use these 7 top tips for a smooth sale written by Kevin Shaw, National Sales Managing Director of Romans In recent years, the property industry has worked together along with National Trading Standards Estate and Letting Agency Team (NTSELAT) to improve and […]
Northern cities are set to outpace the South in UK house price growth over the next five years, new data reveals. London and the South have traditionally set the pace for the property market, but new data from property investment specialist UOWN points to a change. Analysts predict house prices in Northern […]
From April 1st, significant changes to Stamp Duty Land Tax (SDLT) will take effect, particularly impacting first-time buyers. The nil-rate threshold for first-time buyers will decrease from £425,000 to £300,000, with a 5% rate applying to properties priced between £300,001 and £500,000. Additionally, the maximum property value eligible for first-time […]
The accelerating property market is enabling cash buyers to secure average discounts of over 13% compared to the prices paid by buyers needing a mortgage, new analysis by MPowered Mortgages reveals. The study of Land Registry records of sales completed in September 2024 found that across Great Britain, cash buyers paid £28,189 […]
Uncertainty was the theme of 2024, thanks to the general election, a ‘painful’ Budget and a slower than expected reduction in interest rates. But from a market point of view, uncertainty resulting in a slow-down has the advantage of creating pent-up demand in the period that follows. Whereas in 2024 […]
