Latest News
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Affordable Rural Areas for Country House Prices
Buying a property in rural England can be a highly appealing prospect for many, if you can combine the charm of country living with a more affordable price compared to urban counterparts. Recent research by estate agents Jackson Stops highlights key areas where this is particularly true, making them potentially lucrative for property investors or…
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Surrey House Prices – Best and Worst Areas
The average house price in Surrey stood at £525,033 for the 12 months leading up to September, according to Land Registry data. This figure represents a slight increase of 0.2% from the previous month (August). However, when compared to the same period last year, there’s a noticeable decline of 1.4%. Elmbridge: A Prime Example Elmbridge,…
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Wales – Hotspots for House Price Growth
During and immediately following the Covid-19 pandemic, Wales emerged as a leading region in the UK for house price increases. The Office for National Statistics (ONS) and the Land Registry data highlighted this growth, with all 22 counties in Wales experiencing a rise in average house prices. This growth was particularly notable in coastal areas…
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Landlords Embracing Greener Rentals in the UK, Claims Thinktank
The Social Market Foundation (SMF), a prominent think tank, has advocated for the revival of a plan to enhance the energy efficiency of rental properties. This initiative aims to align with the UK’s ambitious net zero emissions target by 2050. Understanding the Minimum Energy Efficiency Standard (MEES) The SMF’s recommendation focuses on raising the Minimum…
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Leasehold Reform Bill Introduced to Parliament
The UK property market is set for a significant change with the introduction of the Leasehold and Freehold Reform Bill in Parliament. This legislation could transform the meaning of property ownership for millions of homeowners in England and Wales. Understanding Leasehold: The Current Scenario Before we explore the new bill, it’s essential to understand the…
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Capitalising on the New Permitted Development Rights
Property development could see a shift with the introduction of new planning laws announced by Chancellor Jeremy Hunt in his Autumn Statement. This shift opens a lucrative avenue for landlords and developers, presenting an opportunity to significantly enhance their income through property conversions. Understanding the New Permitted Development Right (PDR) PDR is a government initiative…
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Transforming Industrial Relics into Modern Homes
The United Kingdom’s housing market is currently facing a unique challenge: the pressing need to create more homes in the face of limited space and environmental concerns. A promising solution has emerged in the transformation of old industrial buildings, offering a blend of historical preservation and modern living. This trend is not only addressing the…
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How ‘Flex Space’ Could Change the Office Market
In recent years, the concept of ‘flex space’ has emerged as a revolutionary way for businesses to approach office space. This new model offers a dynamic and adaptable solution to the evolving needs of modern companies, significantly changing the traditional office environment. The Rise of Flexible Offices What Works Wellbeing, a community interest company, exemplifies…
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Midlothian House Prices Rose in September
The average house price in Midlothian saw a 4% increase in September, reaching £241,645 according to the Land Registry. This growth contrasts the broader Scottish market, where prices slightly declined by 0.2%, and significantly diverges from the 0.5% decrease seen across the UK. Yearly Trends and Regional Comparisons Over the past year, the average sale…
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LendInvest Launches BTL Mortgage Below 4%
LendInvest Mortgages has recently announced a significant update to their product offerings, especially targeting the buy-to-let sector. This update aligns with the broader economic trends, particularly the Bank of England’s recent decisions regarding interest rates. Key Features of the New Product Suite Impact on the UK Property Market Sophie Mitchell-Charman, the Commercial Director at LendInvest,…