Latest News
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Rental Market Still “Running Hot” in August
The rental market in the UK remains incredibly competitive, with high demand and rising prices persisting throughout August. According to the latest rental index from Goodlord, average rents increased by 10% compared to the previous year, albeit falling slightly from the record-breaking highs seen in July. While there was a slight easing in void periods,…
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Cash Buyers Drive London Prime Market
Cash buyers have been driving sales in prime central London, according to leading estate agency Savills. Despite concerns about rising interest rates and price sensitivity, there has been an increase in £10 million-plus cash deals this summer in prestigious areas such as Kensington, Chelsea, Westminster, and Knightsbridge. Wealthy buyers, who are not affected by rising…
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City Centre Student Property Looks Promising
Investing in student property has become a popular option in the UK real estate market. The demand for purpose-built student accommodation in city centres is rapidly increasing, and this trend is expected to continue in the future. In this article, we will explore the reasons behind this surge in demand and the potential benefits for…
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Housing Market to Bounce Back in Autumn?
The UK property market has faced significant challenges over the past year, but there is hope on the horizon for potential investors. Recent research by Octane Capital, a specialist property lending firm, suggests that the market will see an upturn in activity during the autumn months. While mortgage approval rates have experienced a sharp decline,…
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Inflation-Beating Buy to Let Hotspots,
The Daily Mail looks at the figures for returns generated by buy-to-let properties around the UK, and rounds up some of the best. Are you considering investing in buy-to-let property? With rising mortgage rates, challenging regulations, and a less generous tax regime, many landlords are finding it increasingly difficult to make a good return. But…
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Lessons From Britain’s Most In-Demand Airbnbs
The Telegraph looks at Britain’s most popular Airbnbs, and what lessons can be learned from them by Airbnb managers. As the popularity of staycations continues to grow and international travel remains uncertain, tourists are seeking unique and interesting accommodations in scenic locations across the UK. Airbnb has become the go-to platform for finding these unconventional…
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John Lewis Hits Problems With Build to Rent Scheme
John Lewis, the well-known UK retailer, is facing significant challenges with its plan to build more than 400 flats above a Waitrose in West Ealing. Experts have warned that the project could cost more to build than it would be worth on paper, potentially resulting in a negative return of £57 million. The development is…
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Global House Prices Start to Recover
According to a recent Reuters poll of property analysts, the global downturn in property prices is showing signs of recovery. Average home prices in major markets are expected to decline less than previously anticipated at the beginning of the year and are predicted to rise steadily into 2024. This is due to various factors such…
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Student Accommodation Demand at All Time High
The demand for student housing is at an all-time high, and this has created a crisis in the sector. The need for new student rooms is currently the greatest it has been in several years, with a chronic shortage of student housing in certain cities. Unfortunately, the high demand is not likely to be met…
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How Much More Will UK House Prices Fall? Experts Weigh In
The past year has witnessed the fastest decline in UK house prices since 2009, leaving homeowners and prospective buyers concerned about the future trajectory of the housing market. With mortgage rates reaching levels not seen in a decade, experts have identified this as a major driver behind the £14,600 decline in the average property value.…