Latest News
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Thriving in the Property Sector: Belvoir’s Strategic Success Story
In the dynamic world of property investment and estate agency operations, the market often presents a mixed bag of opportunities and challenges. Amidst this, Belvoir has emerged as a standout franchise business, successfully navigating the market’s ebbs and flows. Investors Chronicle outlined the key aspects of Belvoir’s strategy, offering insights for potential investors and industry…
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Turning Challenges into Opportunities: A Single Woman’s Success in the UK Property Market
In 2008, as the financial crisis plunged property prices into a tailspin, many shied away from the real estate market. However, for Markella Mikkelsen, this was a golden opportunity. The Telegraph tells her success story. With reduced competition and lower prices, she saw a chance to start her buy-to-let business. Fast forward to today, Ms.…
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Maximising Your Earnings with Airbnb
Before you dive into the world of Airbnb, it’s essential to grasp what it entails. Airbnb hosting is not just about listing a space; it’s about creating an experience for your guests. This journey starts with knowing the legalities and ends with crafting an exceptional guest experience. Legal and Regulatory Compliance Personal Readiness and Property…
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The Shifting Tides of Airbnb
Airbnb, a household name in the world of travel and short-term rentals, is currently navigating through a sea of challenges and criticisms. Founded in 2008, Airbnb revolutionized the concept of lodging, offering a unique and affordable alternative to traditional hotels. However, recent times have seen the platform grappling with increasing costs and customer dissatisfaction. Increased…
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Build-to-Rent Boom: Opportunities Beyond Major Cities
The UK’s build-to-rent (BTR) sector is not just surviving but thriving, showing an impressive 11% year-on-year growth as of the end of Q3 2023. According to recent research by The British Property Federation (BPF), in partnership with Savills, the total count of BTR homes either completed or in the pipeline has escalated to a notable…
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Mortgage Providers: Should You Stay or Switch?
Navigating the world of mortgages can be complex, especially when deciding whether to stay with your current lender or switch to a new one. Recent data suggests that, contrary to popular belief, loyalty to your current mortgage lender might actually save you money. Understanding Mortgage Rates: The Loyalist Advantage The cornerstone of this discussion is…
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Sharp Rise in Mortgage Arrears
As the UK faces the crunch of rising interest rates, homeowners and landlords alike are feeling the strain, with a notable uptick in the number of mortgage arrears reported. This has been a challenging summer for the property market, as figures from UK Finance indicate a sharp increase in the number of people who are…
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Decline in New Home Registrations
Recent data from the National House Building Council (NHBC) indicates a sharp decline in the registration of new homes—a step where developers indicate their plans to construct new properties. This figure has dropped by 53% compared to last year’s third quarter, marking the lowest since the initial COVID-19 lockdown. Regional Impacts and Property Types The…
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5 Schemes to Help You Buy a London House Without a Deposit
London’s housing market can seem like an insurmountable challenge for first-time buyers, especially with the average deposit for a London home now hovering around a staggering £142,870. This figure is nearly a third of the typical purchase price, rendering the dream of owning a home a distant reality for many. However, before you resign to…
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Build to Rent Boom: Insights from Q3 2023
The third quarter of 2023 has seen a significant surge in Build to Rent (BtR) activity, indicating a robust and dynamic sector despite broader economic challenges. Recent research by Savills highlights that the BtR market witnessed 18 noteworthy transactions in Q3 2023, culminating in an impressive investment volume of £448 million. This activity underscores the…