The 2025 Commercial Real Estate Outlook Report serves as a crucial resource for industry leaders aiming to navigate the evolving landscape of commercial real estate. Utilizing insights from Deloitte Insights and featuring perspectives from seasoned professionals such as Jeff and Kathy, the report encapsulates the challenges experienced in recent years and offers a roadmap for future success. Jeff, a U.S....
As we approach 2024, the UK real estate market is poised for a remarkable rebound, driven by declining interest rates and improving economic conditions. Following a period of uncertainty, experts anticipate a surge in investment activity throughout the year, marking it as a pivotal time for investors and stakeholders in the real estate sector. Key indicators such as reduced inflation rates and enhanced...
In light of new laws set to take effect in April 2025, second homeowners across England are bracing for significant hikes in council tax rates. These regulations, introduced in early 2024, empower local councils to levy taxes that could potentially double for properties classified as second homes. This legislative shift aims to tackle housing shortages in popular areas, ensuring that local residents can...
In a contentious decision, Scarborough's planning authority has approved the conversion of a former bed and breakfast into a 13-bedroom share house at 7 Blands Cliff, despite significant opposition from the local community. With over 30 objections raised, residents expressed fears about potential antisocial behaviour and the likely impacts on the amenity of their neighbourhood, highlighting a growing...
Residents of Sunbury, Surrey, are increasingly anxious about the surge in Houses of Multiple Occupation (HMOs) in their neighbourhood. They fear that their community might undergo a transformation akin to that observed in Hounslow, driven by the growing number of such properties. HMOs often cater to students and young professionals seeking affordable housing but have sparked changes in community dynamics...
As the UK property market approaches the end of 2024, analysts are expressing cautious optimism about the landscape for buyers in2025. With mortgage rates dipping more significantly than expected, the sentiment around house prices is beginning to shift, suggesting a likely increase following the declines experienced in2023. Leading property firm Hamptons, through its analyst Aneisha Beveridge, indicates...
In 2025, the push for innovative housing solutions in the UK continues, with two former pubs in Radcliffe, Greater Manchester, set to undergo significant transformation into Houses of Multiple Occupation (HMOs). The Railway Hotel and The Morning Star, both of which have been vacant for some time, are at the forefront of redevelopment plans aimed at addressing the growing demand for short-term residential...
In recent developments, plans have been green-lighted for the conversion of a local bed and breakfast into a 13-bedroom shared house in a Yorkshire town, igniting concern among community members regarding the rise of Houses in Multiple Occupation (HMOs). Residents worry that this expansion could exacerbate existing issues associated with the proliferation of HMOs, which many believe erodes the distinct...
In a contentious move, the Bridgend Council's planning committee has given the green light for the conversion of a residential property on Coity Road into a house in multiple occupation (HMO), igniting concerns among local residents. The project will proceed without any external or internal alterations, transforming the property into a six-bedroom unit designed for shared living, which includes communal...
Residents in Broadstairs are raising alarms over a proposal by UV Care Group to convert the Kent House care home into a 21-room house of multiple occupancy (HMO). With 39 letters of objection submitted, the primary concerns from the local community focus on expected increases in traffic and noise, particularly due to the property's proximity to three schools: Charles Dickens, Dane Court, and Bromstone...
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