Lettings market picks up around London’s major business districts
A ‘shift in mind-set’ has taken place, according to Knight Frank.
Average asking prices reach another record high
Three regions have seen asking prices climb by more than 10% in the last year-or-so, says Rightmove, while Greater London has seen prices flatline.
Five years on: How 2016’s tax changes have shrunk the buy-to-let market
“The tax changes introduced from 2016 onwards have undoubtedly taken the heat out of the buy-to-let market,” argues Hamptons’ research chief Aneisha Beveridge. “Landlord purchases have dropped and consequently the rental sector is 7% smaller than it was at its peak in 2017.”
GBI chief: ‘The property sector is overwhelmingly a force for good’
In an impassioned defence of the property industry, James Raynor calls on the Government to ‘recognise that real estate is central to its plans for recovery, decarbonisation and levelling up’ as lockdown recedes….
Global architecture firm draws up blueprint for the ‘English village of the future’
The post-pandemic exodus from cities has highlighted the inadequacies of the quintessential English country village, says Broadway Malyan, proposing a set of recommendations to prepare rural enclaves for ‘vast challenges’ in the years ahead.
AML warning for letting agents as HMRC deadline looms
‘The ramifications of not being prepared or compliant are serious and could result in an onerous fine or even worse the long-term reputational damage of a business,’ says AML specialist.
‘Use it or lose it’ land tax mooted again
The government is “privately considering” a plan to impose a land-banking tax on property developers, according to a report in The Times.
‘Commonhold Council’ created to promote property ownership reforms
Housing Secretary Robert Jenrick has described the push towards Commonhold as part of “the biggest reforms to English property law for 40 years.”
Market sentiment has moved from one of cautious optimism to outright positivity – Strutt & Parker
‘To think that this activity continues in the midst of a global pandemic is completely astounding’, says the national agency, retaining its previous prediction of 5% best-case scenario growth in 2021.
Property prices continue to climb as supply fails to meet demand
The number of new sales and lettings instructions fell back sharply in April, according to the RICS, while demand continued to rise.
Ranked: Britain’s ten most sought-after locations for property buyers
Rightmove has revealed where most home-hunters are signing up for instant property alerts.
Tenants return to city centres as London affordability hits a ten-year high
Demand for city centre rental properties is rising, reports Zoopla, with London rents having bottomed out in February.