Latest News
-
Rental Growth Is Slowing
The United Kingdom’s regional rental markets are undergoing various shifts. While growth has been seen in past years, there’s evidence of a slowdown, driven by a variety of factors. Recent reports and industry indices highlight the early signs of declining rental growth. The Declining Pace of Property Rental Growth According to the latest Prime Lettings…
-
Fragile Demand in Prime London Property Market
Recent figures from Knight Frank, a reputable UK-based property consultancy, have highlighted a fragility within the Prime London property market. Against a backdrop of various political and economic uncertainties, the demand for Prime London property has shown signs of being precarious, despite a pause in the Bank of England’s cycle of interest rate increases as…
-
WeWork’s Debt Crisis Deepens
According to recent developments reported by The Mail on Sunday, WeWork, the leading name in shared workspace solutions, is in hot water. The company is facing financial turbulence that is resulting in the closure of one of its substantial UK units at 133 Houndsditch in the City of London. The US-based firm is wrestling with…
-
The End of the Mortgage Price War?
IntroducerToday asks the question many people are wondering about: “Is the mortgage price war really over?” To answer that, they explore market indicators, future predictions, and the opinions of experts. A Snapshot of the Current Climate What’s the current state of the housing market? In the recently published Nationwide index, there’s no significant change. This,…
-
The UK’s Top-Rising Property Markets
House prices in the Yorkshire district of Calderdale, and some regions in close proximity to Glasgow and Edinburgh, are rising faster than anywhere else in the United Kingdom, according to recent figures. Calderdale’s Surprising Property Boom Located in the serenely beautiful Upper Calder Valley, Calderdale is a Yorkshire district that comfortably houses over 200,000 residents.…
-
Scottish Government Proposal May Exempt BTR from Rent Control
A recent proposal by the Scottish Government seeks to introduce rent controls, yet exempts Build To Rent (BTR) operators, LandlordToday reports. The proposal in question has arisen from a consultative document detailing potential changes to the rent control system. The primary stipulation is that these controls will apply to rent increases during and between tenancies.…
-
Boosting your Property Bookings During Quiet Periods: A Guide for Holiday Let Owners
Investing in holiday-let properties can be a lucrative venture, particularly if you know how to maximise bookings throughout the year. Perhaps the greatest challenge faced by holiday let property owners is sustaining bookings during off-peak or low season. PropertyReporter published a guide that aims to help potential property investors and holiday let owners learn how…
-
High Rate of Property Sales Falling Through in the UK
Recently published data reveals a somewhat unsettling trend in the UK’s housing market. The property sales failure rate, which is the percentage of property sales deals that do not proceed to fruition, stood at a whopping 27% in the third quarter of the year, casting a shadow on a quarter of all property transactions. Stumbling…
-
Property Investment in Greece: Year-Round Prospects for Retirees, Landlords and Remote Workers
According to Greek real estate agent Dion Gavriilidis, from Elxis estate agency, Crete and Corfu currently attract the most attention from British buyers. Whether you’re looking for a location suitable for holiday letting, retirement or remote work, Greece has plenty of investment options to consider, as The Telegraph reports. Best Locations for Retirement For retirees…
-
The Real Cost of Overpricing Your Home
The UK housing market can be unpredictable, with prices fluctuating based on various economic and social factors. Recent data suggests that home sellers might be placing too high a price tag on their properties initially, which might end up costing them more in the long run. Waiting to Drop Prices: A Costly Strategy? Recent findings…