Category: Property Development
-
Flats Were Worst Performing Type of Property
Searchland, a source for property market data, recently took a magnifying glass to the average price per square foot for different property types in the first half of this year. By comparing these figures with the same time frame in 2022, we can gain valuable insights into the shifts in property values. On the whole,…
-
The Race Against Energy Standards: England’s Housebuilding Surge
Recent official data reveals a significant leap in housebuilding during Q2 2023 in England. Specifically, the number of new construction projects rose to 67,600 between April and June, marking a staggering 75% growth from the previous quarter. When compared to the same period in 2022, the increase is still noteworthy at one-third. The reason for…
-
Maximising Tax Efficiency for UK Developers
Investing in the UK property market has always had its challenges. But as the market landscape rapidly evolves, property developers may feel like sailors amidst a raging storm. With increasing interest rates, stringent regulations, and an uncertain macro-economic climate, this storm is far from letting up. Property tax expert Paul Atkins offered some advice. The…
-
Maximising the Profitability of a Small-Scale Property Development
Property development comes in various shapes and sizes, ranging from colossal housing estates to modest home extensions. In this diverse landscape, small-scale property development holds its own allure. Converting a commercial building into residential flats or embarking on a similar project can yield substantial profits. However, to truly optimize the returns on your investment, it…
-
Mixed Use Development – Opportunities in North East
The world of property investment is constantly evolving, and savvy investors are always on the lookout for emerging trends and opportunities. One such trend that has gained momentum in recent years is the mixed-use property market. These properties, which combine commercial and residential units in a single development, have become a hot topic in the…
-
Planning the Perfect Property Extension
Extending your property can be a cost-effective way to gain more space and increase your home’s value. With careful planning, you can embark on a successful property extension project. In this comprehensive guide, we’ll walk you through the key considerations and steps to ensure your extension proceeds smoothly. What to Consider The decision to extend…
-
What are People Investing in Right Now?
Property investment in the UK remains a popular way of earning a long-term income or achieving a lump sum profit upon sale, thanks to the strength and resilience of both the traditional housing market and the rental sector. In the current climate, location and property type are particularly important for investors. In recent times, there’s…
-
Renovating is Back!
During 2022, the demand for property projects experienced a sharp decline. The reasons? The rising costs of building materials and a scarcity of tradespeople. With everyone keen to renovate or upgrade their homes post-pandemic, tradespeople were maxed out. Consequently, countless renovation projects sat untouched, gathering dust. But as with many things in life, change is…
-
More Property Developers Using AI
In today’s ever-changing property market, uncertainty has become one of the biggest barriers for developers in the UK. To overcome this challenge and stay ahead of market trends, developers are increasingly turning to artificial intelligence (AI) technology. According to research conducted by Shawbrook, a 78% of professional property developers in the UK are embracing AI…
-
House-Flipping Guide Updated
Lovemoney have updated their introduction to house-flipping. House flipping, the practice of buying a rundown property, renovating it, and selling it for a profit, has remained popular even during the Covid-19 pandemic. In fact, research by estate agent Hamptons International has shown that 19,000 properties have been flipped during this time. The average difference between…