The Best Places to Invest in UK Property Right Now Investing in property stays a long-held habit in the UK. Many Britons see it as a base for financial soundness. The property market shifts often. New and experienced investors, especially those who choose House in Multiple Occupation (HMO), need clear tips on where to invest. Recent views from Bloomberg point out smart targets and ways to act. The Current...
Plans for 8-Bed HMO on Manchester Road, Bury Proposal Overview Bury Council has seen a new planning application. The application aims to change a home on Manchester Road into an eight-bedroom house in multiple occupation (HMO). The plan meets a growing need for flexible and affordable homes. Young professionals and students can use this home. Design Features A loft will be converted with a rear dormer and...
Plans to Convert Wednesbury Pub into HMO Gains Council Support Sandwell Council planners back a plan that turns the long-unused Forge Tavern on Furnace Street into an eight-bedroom House in Multiple Occupation. The council is set to confirm the plan at its next meeting. The old pub has stood empty since it closed in 2016. ## History of Attempts to Revive the Forge Tavern The Forge Tavern has faced hard...
Planning Inspector Denies Appeal for Eastbourne House in Multiple Occupation Introduction A planning inspector rejected an appeal over a property on Rylstone Road in Eastbourne. The property ran as a House in Multiple Occupation (HMO). The ruling points to worries about the quality of living in these homes. This decision may guide landlords and investors in East Sussex. Background of the Case The property...
Overseas Ownership in UK Commercial Real Estate Grows Amid Market Decline Overview of the UK Commercial Real Estate Landscape The report from the Investment Property Forum (IPF) shows UK commercial real estate losing value. The market dropped to £949 billion at the end of 2023. It stood at £1.114 trillion in 2020. The study shows more foreign investors own parts of the market. The data comes from ongoing...
Overseas Ownership Increasing in UK Commercial Real Estate Market The UK commercial real estate market has come under close study in a report by the Investment Property Forum (IPF). The report shows that overseas investors now hold a large share, even as market value falls. By the end of 2023, the value is around £949 billion, down from £1.114 trillion just three years ago. Declining Value of Commercial...
Transformation Plans for Former Kent Premier Inn into 46-Bed HMO Introduction A plan is on the table to turn a vacant Premier Inn in Singlewell, Gravesend, Kent into an HMO with 46 bedrooms. The developers stress that this is not a poor-quality housing project or an attempt to take advantage of hard times. This article lays out the idea, the developer’s aim, and what it means for the local...
How Much Council Tax Will You Have to Pay on a Second Home? An Overview for Property Investors Property investment changes fast. New rules put higher council tax on second homes in England from April 2025. Local councils get a power to raise tax by up to 100% on homes that do not serve as a main address. Investors need to know what this means and plan for higher bills. Increased Council Tax Liability from...
Council Approves Controversial HMO in Hull's Beverley Road The council approved a plan to turn an old office into a 32-bed house in multiple occupation (HMO). The vote came after a previous refusal. Local voices now spar over this new decision. The final vote stood at five to four, with one member not voting. A Challenging Proposal The plan first appeared last year. The building at 337-341 Beverley Road is...
Residents Concerned Over Rise of HMO Properties in Surrey: A Threat to Community Stability? Introduction In Surrey, more family homes turn into HMOs and people worry. The community risks a change that might mirror Hounslow. Richard Evans, a long-time Sunbury resident, frets that HMOs will disrupt close neighborhood bonds. What Are HMOs? HMOs are shared homes. Different households live together, using the...
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