News

The UK property sector is currently navigating turbulent waters as inflation fears loom large amidst rising borrowing costs. The latest economic environment, driven by the recent UK Budget revealed on October 30, 2024, and uncertainties surrounding the US presidential election, has resulted in a notable decline in the stock prices of the country’s largest homebuilders. Over the past month, these...

The landscape of the UK buy-to-let market is undergoing significant change as a combination of stringent tax policies and evolving regulations drive many landlords to reconsider their investments. Historically seen as a stable and reliable form of income, buy-to-let properties are increasingly viewed as a financial burden amidst rising costs. Key factors contributing to this phenomenon include the...

In a notable move to address housing demands in the Stretford area, Aamer Shah from Blackburn has submitted an ambitious proposal to convert a modest two-bedroom semi-detached house on Barton Road into a House in Multiple Occupation (HMO) accommodating up to ten residents. This proposed development comes in response to a growing need for flexible accommodation options in urban areas, particularly as cities...

The City of Edinburgh Council has announced a significant policy shift aimed at improving the living conditions of homeless individuals residing in unlicensed temporary accommodation across the city. This urgent plan, designed to transition hundreds of residents into safer, compliant housing by December, comes after the council acknowledged that over 700 households have been placed in accommodation that...

Foundation Home Loans has rolled out its new Buy to Let Specials, effective November 12, 2024, featuring competitive rates and a variety of product options tailored to meet the evolving needs of landlords. This revised range presents two tiers: the F1 tier, designed for borrowers with nearly pristine credit histories, and the F2 tier, which caters to clients with unique circumstances such as specialist...

In an effort to enhance safety and living conditions for private renters, Westminster City Council has unveiled plans for a new selective licensing scheme. This initiative aims to safeguard families and small group sharers amid a pressing national housing crisis that limits options for many seeking affordable accommodation. Currently overseeing England's largest private rented sector, the council is...

In a bold move to address housing demands in Stretford, Aamer Shah is seeking to convert his two-bedroom semi-detached house on Barton Road into a ten-bedroom house of multiple occupation (HMO). The proposal, which is currently under the review of Trafford Council, aims to provide extensive communal living while implementing strategies to ensure a positive impact on the community. Shah's planning statement...

The community of Broadstairs is currently embroiled in a debate over a contentious proposal to convert the Kent House nursing home into a House of Multiple Occupation (HMO). This conversion plan, sought by Mr. Inderjeet Singh Toot of N & I Holdings Limited, outlines the transformation of the existing facility into a 21-bed accommodation that could serve various residents, diverging from its current role...

In a significant development regarding foreign interference in the ongoing Ukraine conflict, British citizen Jake Reeves has recently pleaded guilty to an arson attack on a commercial property in London. This attack, which took place in March 2024, is reported to have been motivated by payments received from a foreign intelligence agency, purportedly linked to Russian operatives. Prosecutors have...

In a puzzling turn of events, residents in Southampton are grappling with the sudden emergence of DIY double yellow lines on Howard Road, specifically painted across the driveway of a house identified as a House in Multiple Occupation (HMO). These unofficial markings appear to extend from the existing double yellow lines in the vicinity, prompting a flurry of questions and concerns among the community....