News

Shelter Scotland Calls for Leadership Changes at Edinburgh Council Amid Homelessness Policy Dispute Shelter Scotland calls for a change in the Edinburgh Council leadership. The charity sees a link between poor housing choices and harm to vulnerable people. The charity points to unlicensed HMOs and plans to weaken laws that protect the homeless. Background of the Dispute Edinburgh faces a real homelessness...

Bank of England Maintains Interest Rates at 4.5% Amid Economic Uncertainty The Bank of England left its key rate at 4.5%. The financial experts saw this coming. The Monetary Policy Committee met to decide. The committee meets often. It checks our local scene and the world of trade. Governor Andrew Bailey called the scene one of high uncertainty. Global Trade and Economic Outlook The Bank of England sees...

American Buyers Revive London’s Luxury Housing Market Amidst Challenges London’s luxury real estate market faces many problems. Recent data shows a clear change. A sharp rise in American buyers boosts the market. In this article, we look at London’s high-end property scene. We also note trends in housing in the Netherlands. The State of London’s Real Estate Market Luxury homes in London suffer from...

Nomura Real Estate Enters UK Rental Market with Major Housing Initiative LONDON — Nomura Real Estate of Japan signed a deal with Legal & General. The two firms plan to build over 1,000 homes. Nomura makes its first move into the UK rental market. The market now suffers from a shortage of housing. Growing Investment in UK Rental Market The UK rental market draws more foreign investors. US companies...

Tough Action Against Unlicensed Houses in Multiple Occupation in Kent: £27,500 in Fines Gravesham Borough Council acted with clear intent. The council fined two landlords in Gravesend, Kent. It targeted those who run Houses in Multiple Occupation (HMOs) without a license. The housing team works to check that every rule is kept. This work helps local residents live in safe homes. Significant Fines on...

Eastbourne HMO Conversion Appeal Dismissed: A Setback for Shared Housing Initiatives Overview of the Decision A planning inspector has dismissed the appeal to convert the commercial building at 113 Pevensey Road into shared housing. The inspector released the decision on March 21. The plan by Egmont Properties Ltd aimed to create 13 bedsits in the site once used by Eastbourne & District Mencap Limited,...

New HMO Licensing Scheme Introduced to Raise Standards in Enfield In Enfield, the council now plans a new HMO Licensing Scheme. The borough ends the old, wider scheme. This change joins small HMOs for the first time. The law makes shared homes safe, well-run, and up to set standards. It cuts overcrowding and fights antisocial acts. Improving Property Standards in Enfield Councillor Susan Erbil leads this...

American Buyers Bring New Energy to London’s Luxury Real Estate Market London real estate has met many tests. The high-end market has hurt. Investors stayed back. American buyers now join. They bring life back to a slow sector. Bloomberg reporter Damian Shepherd shows US buyers help shape London homes. The State of London's Luxury Housing Market London’s top property segment struggles now. Sales slow...

Residents Voice Concerns Over HMO Expansion in Guildford In a recent council meeting on July 17, Guildford Borough Council passed four plans. The plans change family homes into Houses in Multiple Occupation (HMOs) on Applegarth Avenue. The street already shows more shared housing. The shift of family homes to shared spaces makes locals worry about the area’s feel and social ties. Growing Number of...

Community Rally Against Overdevelopment: Erdington's HMO Proposal Rejected Erdington Residents Unite In Erdington, Birmingham, city officials turned down a plan to change a three-bedroom family home into a five-bedroom house for several tenants. Almost 400 residents signed a petition. They spoke up because the neighborhood already has many similar homes. About 50 neighbors also joined a protest on Mason...