News

In November 2024, the investment landscape for UK property funds has presented a challenging scenario, as highlighted by the latest report from Calastone. The report shows a marked divergence in investor sentiment, with UK property funds facing significant outflows while other asset classes, bolstered by recent budget announcements, are experiencing positive inflows. This article delves into the current...

The proposed transformation of Kent House nursing home into a 21-bed House of Multiple Occupation (HMO) in Broadstairs has sparked significant local opposition, leading to a heated discussion among councillors. With the plan aiming to maintain the core structure of the existing facility while reconfiguring its internal layout, residents have expressed deep concerns regarding the potential loss of a vital...

Rogue landlords continue to plague residents across London, with unscrupulous practices commonly reported. Among the boroughs, Kensington and Chelsea stand out, not for their proactive measures but for their strikingly low prosecution rates of such landlords. Despite receiving an alarming 4,170 complaints over a five-year span, the council has only managed to take one case to court. This gap in enforcement...

The UK real estate market is poised for a significant resurgence in 2024, with forecasts indicating increased investment activity. Several macroeconomic factors, such as anticipated interest rate cuts, declining inflation, and improved debt financing options, are set to create an environment conducive to commercial property investments. In the latest Q4 2023 insights, industry experts emphasize these...

In a pressing revelation, planning officers within Caerphilly County Borough have disclosed a significant gap in their housing data concerning Houses in Multiple Occupation (HMOs). The absence of precise statistics on the number of HMOs in the area poses critical challenges for effective housing regulation and community management. As the housing crisis continues to escalate across Wales, the need for...

In November 2024, a controversial planning decision by Somerset Council has garnered significant attention and debate in Bridgwater. The approval of a 30-bed House in Multiple Occupation (HMO) on Friarn Street has raised alarms among local leaders and residents, particularly regarding the potential flooding risks posed by nearby Durleigh Brook. This article explores the concerns raised by community...

In a contentious decision, the Somerset Council's planning committee has given the green light to a 30-bed House in Multiple Occupation (HMO) located on Friarn Street in Bridgwater. This approval has ignited debates among local residents and leaders, particularly regarding heightened flood risks from the nearby Durleigh Brook and inadequate parking facilities. Local leaders such as Bridgwater Town Council...

In the wake of the recent UK Budget announcement, the property market is seeing a distinct shift in investor behaviour as UK property funds face ongoing outflows. Data from Calastone's latest Fund Flow Index indicates that, while other asset classes such as equities and bonds are witnessing significant inflows, UK property funds continue to struggle to attract capital. This divergence highlights a growing...

As December approaches, travelers and consumers alike have much to look forward to with recent updates regarding travel regulations, exciting retail promotions, and significant initiatives aimed at addressing data poverty. Starting this month, modifications to travel rules for Spain will guide holidaymakers heading to the sun, while Virgin Media O2's new expansion of its National Databank is set to provide...

In a notable development for the Middleton community, an old kitchen showroom on Rochdale Road is set to undergo a significant transformation into a House of Multiple Occupation (HMO). The planning committee has granted approval for the project proposed by Horizon UK Property Group Ltd., which aims to convert the vacant property into a modern residence featuring seven bedrooms. While the developers tout...