Investment
Second homes account for 29% of London property transactions
“Some may frown upon second home owners, but the fact of the matter is that the vast majority are buy-to-let landlords, not high-end homeowners restricting stock availability by purchasing rarely used h…
Short lets could need planning permission under new devolution proposal
"I understand that regional mayors may soon be given the power to ban properties from being used as short-term lets," writes James Forsyth, political editor of The Spectator, in The Times.
Major developer launches ‘Central London’s first property tokenisation project’
"Knight Dragon has just revolutionised the entire European property market and will now move to do so internationally," declares founder Sammy Lee, as the developer looks to blockchain tech to boost investment…
Shaftesbury & Capco to merge, creating a £5bn central London property empire
Two of PCL's biggest property estates have agreed terms to create an "impossible to replicate portfolio in the heart of London's West End."
Private rental stock has dropped by half since 2019 as landlords exit the market
Estate agency branches had an average of 15.6 properties available to rent in March this year, says Propertymark, down from 30.4 in March 2019.
Residential investment set to surge by 65% this year, becoming a core asset class
Residential real estate has shifted from an alternative to a core asset class in the eyes of investors, says Knight Frank, as record amounts are pumped into the sector.
Savills points to ‘a new dynamic in the residential land market’ as alternative uses drive competition
“Although the current land market remains buoyant, capacity for further growth is limited," warns Patrick Eve, Savills head of regional development.
‘Weary’ buy-to-let sector sees lending drop 8%
The buy-to-let sector is "a tad weary," says the boss of property lender Octane Capital, as a result of what he calls a "war waged on the nation’s landlords" since 2015.
Ground rent ban comes into force in June
"This is an important milestone in our work to fix the leasehold system and to level up home ownership," says the Leasehold Minister, Lord Stephen Greenhalgh.
Housing crunch underpins solid European resi investment outlook – Colliers
A ‘fundamental mismatch between voracious housing demand and limited supply’ has driven massive investment growth in the sector over the last year
High inflation ‘lures investors back to buy-to-let’
Buy-to-let investors were behind 13.9% of homes sales across Great Britain in Q1 2022, says Hamptons - the highest proportion at this time of year since Stamp Duty changes in 2016.
Grosvenor ‘reconsiders its assumptions’ with a new urban property strategy
“The pandemic, external geopolitical turmoil, technological disruption, climate change and social change are forcing us to reconsider our assumptions of consumer needs and trends, business models and g…