Latest News
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House Prices Have Fallen 13% in Real Terms
While it’s been widely reported that UK house prices have experienced a modest dip of 2.8% in nominal terms since their peak in March 2022, inflation’s role has largely been underplayed. Actually, when adjusted for inflation, house prices have plummeted by a significant 13.4%, according to comprehensive analysis conducted by Savills using the Nationwide house…
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The Great Retirement Debate: Property Investment vs. Pension Fund
Which is best – investing your money in a property or a pension? In today’s BusinessDesk, a tax accountant shares some thoughts on the dilemma. According to a recent report from the property website, Rightmove, there’s been a notable surge in interest in British rental properties. The data revealed that on average, each rental property…
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PRS REIT: A Smart Option for Steady Passive Income?
For anyone considering property investment, the volatility of markets might often be a concern, especially in periods of economic uncertainty. While many investments can fluctuate during such periods, one sector that has shown great resilience is residential property. A prime example that has spotlighted this resilience is PRS REIT, a real estate investment trust (REIT),…
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Surge in Property Auctions
UK property markets are seeing a significant increase in property auction opportunities over the last year, reflecting a change in motivation and strategy amongst sellers. This shift toward auction sales seems to be an effort by sellers to speed up the process and find greater security in their transactions, particularly in the current volatile market…
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Transforming a Cannabis Farm into a £1 Million Luxury Paradise: A Landlord’s Success Story
Property investment can often seem like a daunting venture. But in today’s Telegraph, they look at the incredible journey of Kazeem Alli-Balogun, a young landlord in London who took a retired cannabis farm and turned it into two luxurious flats worth a whopping £1m. From Humble Beginnings to Property Magnate For Kazeem Alli-Balogun, a South…
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Phil Spencer’s Tips for Boosting Your House Price
If you’ve ever dreamt of making the most out of your property investment, you’re in good hands. Phil Spencer, a regular face on the UK’s favourite property shows like “Location, Location, Location” and “Love It or List It”, not to mention the author of three books and a property podcast and radio show host, shares…
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Scottish House Prices Rose 27% Since Pandemic
How much has the average house price increased in Scotland since the start of the pandemic? A whopping 27.4%! This increase, according to data released by DJ Alexander Ltd, Scotland’s largest estate and letting agents, underscores the robust performance of the Scottish property market over the past three years. The 27% increase in house prices…
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MPs Must Better Understand the Value of Build-to-Rent Investment
The UK is grappling with a myriad of housing challenges, one of the most pressing being the inadequate supply of rental properties to meet the growing demand. Yet, a solution exists in the Build-to-Rent (BTR) sector, an initiative that appears not to be given the recognition it deserves, particularly at the parliamentary level. MPs’ Perspective…
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UK Property Industry Responds Optimistically to Labour Party’s Ambitious Housing Initiatives
Leading figures in the UK property industry have responded warmly to the ambitious housing pledges proposed by Sir Keir Starmer, Labour party leader. In a bid to address the UK’s housing crisis, Sir Starmer presented his vision at the Labour Party’s annual conference. His long-term strategy, expecting to span two terms in power if elected,…
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Top Ten Areas Attracting First-Time Home Buyers
Attention potential property investors: new research has spotlighted some interesting locations you might want to examine. Hotspots such as Kingston-upon-Hull, Middlesbrough, and Neath Port Talbot are presently attracting first-time buyers. Emerging Favourites for First-Time Home Buyers The surge of interest in these regions from first-time home buyers stems primarily from vastly more affordable property prices…