News

As we approach the dawn of 2025, the commercial real estate landscape is poised for significant transformation. Deloitte's latest insights reveal a landscape shaped by evolving market demands, sustainability imperatives, and technological advancements. Their research emphasizes the need for organizations to adapt swiftly to challenges while seizing new opportunities. Notably, key experts like Jeff, a...

A proposed conversion of the former Kent House Nursing Home in Broadstairs into a House of Multiple Occupation (HMO) has ignited a wave of controversy within the local community. The application, submitted by Mr. Inderjeet Singh Toot of N & I Holdings Limited, seeks to transform the operational care facility into a 21-bed HMO, which would require only minor alterations to the existing structure. Despite...

In a significant move reflecting local concerns about overcrowding and community integrity, the Belfast City Council has denied planning permission for the conversion of two houses on Ponsonby Avenue into Houses of Multiple Occupation (HMOs). This decision, influenced greatly by Sinn Féin representatives, highlights a growing trend of community opposition to HMOs in North Belfast, where four such...

Westminster City Council is set to initiate a consultation on a new selective licensing scheme for private rented homes, aimed at enhancing safety and standards within the private rental market. This scheme is particularly important given that Westminster houses the largest private rented sector in England, making it vital to address tenant safety and housing conditions amidst a growing crisis in social...

In her latest budget address, Chancellor Rachel Reeves revealed substantial amendments to the Stamp Duty framework, particularly increasing the rate on second homes from 2% to 5%. This immediate change is poised to reshape the UK property market, particularly influencing transaction dynamics for those transitioning between residences. Industry experts have voiced diverse perspectives on how these measures...

In a strategic move to bolster support for landlords across Yorkshire and beyond, Foundation Home Loans has revamped its Buy-to-Let Specials. Starting from November 12, 2024, the new offerings are designed to cater to a diverse range of landlords, from those with strong credit histories to those managing specialist properties and dealing with credit challenges. The revised specials include competitive...

In a significant move to tackle local housing demands, Aamer Shah has submitted a proposal to Trafford Council for the transformation of a two-bedroom property into a ten-bed house of multiple occupation (HMO) on Barton Road, Stretford. This project aims not only to increase housing availability but also to address community apprehensions regarding potential disturbances and anti-social behavior. Key...

In a notable financial report released by the Association of British Insurers (ABI), it was revealed that UK insurers disbursed a staggering £1.3 billion in property claims during the third quarter of2024. This brings the total payouts for property claims in the UK to an impressive £4.1 billion year-to-date. These figures underline the substantial financial toll that property claims can impose on the...

The City of Edinburgh Council has announced significant reforms in its approach to accommodation for the homeless, declaring a firm commitment to end the use of unlicensed hotels and bed and breakfasts (B&Bs) by the end of December. This decision comes as a response to legal concerns regarding the safety and regulatory compliance of the accommodations where over 700 households currently reside. These...

The Welsh Government has recently unveiled proposals to revamp the Council Tax regulations for houses in multiple occupation (HMOs) amidst a growing need for affordable housing solutions across the region. Currently, HMOs benefit from a system that allows them to be disaggregated for Council Tax purposes, which means each rental room is assessed separately, leading to individual property tax bills. This...