Labour urged to cancel business rates surcharge
Colliers has urged Labour to abandon charging larger firms higher business rates in the Autumn Budget, which it argues could stymie economic growth and hamper the high street. The government…
US investment expected to lift London house prices
Record-breaking levels of US investment into the UK could help revive London’s weary property market, investment firm Enness Global has predicted. During the recent US State visit some £150 billion…
Tenants are avoiding their landlords
Renters are failing to contact their landlords for fear it could trigger rent increases, research from SpareRoom has found. Close to half (45%) of renters have actively avoided communicating with…
Slovenia: A Stable and Under-Recognised European Property Market
Tomi Hartikainen is the founder of Slovenia Property Advisory, a UK–Slovenian firm helping international investors access the Slovenian property market through transparent guidance, due diligence, and local partnerships. For much…
Puma Property Finance and Vita Group partner on new student accommodation scheme in the heart of Belfast with £24m deal
Puma Property Finance (Puma) has today announced it is providing a £24m development facility for Vita Group’s latest purpose-built student accommodation (PBSA) with 269 studio rooms in Belfast City Centre.…
Chancellor signals tax rises in upcoming Autumn Budget
Chancellor Rachel Reeves has given a press conference to set “the context for the Budget”, signalling that she is preparing the country for tax hikes. Speaking three weeks before the…
Younger generations no longer buying to live long-term
The appeal of living in a home for 15-20-years is losing its appeal for 18-34-year-olds, research from Zoopla has found. Almost half (45%) of 18-34 year old homeowners expect to…
Commercial landowners warned about pitfalls amidst ‘grey belt’ sell-off
Landowners selling sites should ensure they understand the difference between promotion agreements and option agreements – to avoid disputes when selling. With a Promotion Agreement, the land promoter seeks to…
Average mortgage rate dips below 5% ahead of base rate decision
Typical mortgage rates dropped to 4.99% this month, analysis by Moneyfacts has found. This means affordability is gradually improving for mortgage borrowers, though it could be better given the Bank…
HMRC property transactions see 4% annual rise
The number of UK residential transactions were 95,980 in September, 4% higher than a year ago, HMRC data shows. Jason Tebb, president of OnTheMarket, said: “The market remains remarkably resilient…