The UK Property Market Sees Shift As Stamp Duty Deadline Approaches The UK property market shifts now. The new stamp duty rules start on 1 April 2025. Asking prices climb. Sales grow fast. Mortgage rates ease a bit. Many buyers and investors look at Houses in Multiple Occupation. Rising Asking Prices and Increased Sales Activity Rightmove data shows that asking prices rose by 1.1% in March. Home prices now...
Warren Buffett's Strategic Shift: A Closer Look at His Real Estate Moves Amid Market Challenges Warren Buffett, famed investor and CEO at Berkshire Hathaway, now pulls back in real estate. The property market faces many problems. His move may hint at a wider trend that investors in Houses in Multiple Occupation should watch. Real Estate Market Struggles The U.S. real estate market has dealt with trouble...
The Current Landscape of Prime London Property: A Tale of Surge and Deflation At the start of the new year, London's prime property market stands on shaky ground. Recent shifts in sales over the past two months show changes. A report from Knight Frank explains these shifts. It shows the work of buyers and sellers in the market. October’s Boon In October, sales jumped up. Knight Frank noted that...
UK Real Estate Market Set for Growth in 2025: A Comprehensive Outlook The UK market for commercial real estate is set for a bounce-back. Investment should grow by about 15% in 2025. Two reports, one by CBRE—a well-known global brokerage—and one by M&G Real Estate, a leading institutional investor, show this trend. Both reports mark the market’s strength amid rising economic conditions. This...
Unlicensed HMOs in Kent Fined £27,500 as Council Takes Action Gravesham Borough Council acted. The council fined two landlords a total of £27,500. They ran unlicensed HMOs in Gravesend, Kent. This step works to keep residents safe and housing in order. Significant Penalties Imposed The council fined a landlord on Granville Road £10,000 for his unlicensed HMO. The managing agent of another unlicensed...
Proposed HMO Development on Manchester Road Sparks Mixed Reactions Plans have been submitted to change a house on Manchester Road in Bury. The plan makes it an eight-bed shared home (HMO). It meets a growing need for rental homes that suit shared living. It serves young professionals, students, and workers who move often. Details of the Application The plan turns the two-storey terraced house into an HMO....
Wolverhampton Council Denies Shop Plan on Dunstall Road: Government Inspector Confirms Rejection Wolverhampton faces a clear choice. Two plans to change an HMO on Dunstall Road into a shop did not pass. The Council first said no last year. They had fears over more cars and tough parking in a busy spot. A government inspector later confirmed the Council's no. Rohullah Azizi led an effort to change that...
Crawley Borough Council Upholds Financial Penalties Against Landlords for Housing Violations Crawley Borough Council has kept fines for two private landlords who broke the Housing Act 2004. The Property Chamber of the First-tier Tribunal made the decisions. The council works hard to keep standards alive in the private rental sector, especially with Houses in Multiple Occupation (HMOs). Details of the...
East London Landlords Fined After Overcrowded Flat Fire Claims Life Grim Consequences After Fire Tragedy This case shows the danger of crowded living. Landlords of an east London flat were fined nearly £100,000. They admitted to breaking housing rules. The trial took place at Snaresbrook Crown Court. It began after Mizanur Rahman died in a fire. He was 41 and a father of two. The fire started when an...
Title: Allegations of Harassment and Discrimination Surface at Foxtons Group Plc Introduction Recent claims of widespread sexual harassment and poor behaviour at Foxtons Group Plc, one of London’s largest estate agencies, have raised big concerns about the company's work culture. Many staff share accounts of bad treatment. Their reports make up a troubling trend where power imbalances harm employee...
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