News

As of November 2024, the rental market in England and Wales is thriving, with landlords enjoying an average rental yield of7.4%. This article delves into what rental yield means for property investors, why it's an essential metric, and how to identify the best-performing property types and locations for maximising returns. Rental yield is defined as the annual rental income divided by the property purchase...

In a significant victory for tenants' rights, three students have reclaimed over £20,000 in rent due to alarming living conditions at their flat near Hyde Park, London. The case, adjudicated by a residential property tribunal, underscored the importance of safe housing standards in the capital. The students, Jaime Closa, Alexandra Schwartz, and Annie Darwent, reported a plethora of health hazards...

In a strategic move aimed at strengthening its competitive position in the supermarket landscape, Morrisons has successfully recruited George Brown, the former National Property Director of Aldi UK. Brown's extensive experience in property acquisition and development is anticipated to play a pivotal role in navigating the challenges of the retail sector and driving Morrisons' expansion strategy. This...

The UK real estate market is demonstrating resilience as it begins to recover from the impacts of rising global interest rates that shaped previous years. With a reported total return of7.7% and a capital value rise of 1.8% in 2024, there are signs of optimism among investors. Investment volumes surged from £45 billion in 2023 to £54 billion in 2024, particularly witnessing a robust flourish in the last...

In a significant ruling aimed at upholding tenant safety, two landlords in Sittingbourne, Kent, have been fined a total of £25,000 for serious breaches of House in Multiple Occupation (HMO) regulations. The case, investigated by Swale Borough Council’s housing enforcement team, highlighted alarming violations—including operating an overcrowded property that exceeded the legally permitted number of...

In a significant overhaul of property taxation, starting from April 2025, property owners in England, particularly those with second homes, should prepare for substantial increases in council tax. Under new legislation enacted in 2024, local authorities will have the authority to impose a council tax premium that could effectively double the existing rates on second homes not regarded as primary...

In an exciting shift for UK homeowners, five lenders have recently launched mortgage rates dipping below 4%, sparking discussions on whether now is the opportune moment to remortgage. Joseph Lane, a seasoned mortgage expert, indicates that this move could prompt other banks to follow suit, reflecting a competitive market dynamic. For homeowners contemplating remortgaging, it is vital to engage in...

In November 2024, the Conservative Party announced a landmark reduction in the capital gains tax (CGT) specifically designed to encourage landlords in Northern Ireland to sell their properties to their current tenants. This strategic move is projected to facilitate an easier transition to homeownership for renters while simultaneously providing significant financial relief for property owners. With...

The UK housing market is undergoing a remarkable transformation, marked by a sharp rise in average house prices, which have now reached £299,138 according to the latest data from the Halifax house price index. This represents a month-on-month increase of0.7% and an annual rise of 3%, reflecting a robust demand, particularly in northern regions of the country. The recent decision by the Bank of England to...

The commercial real estate (CRE) landscape is evolving rapidly as we approach2025. Recent years have introduced a multitude of challenges that industry leaders must navigate to position their organizations for success in this dynamic market. In an insightful report by Deloitte, industry experts provide a roadmap for understanding these challenges and leveraging them for strategic advantage. Key figures in...