London hotel demand drops in face of global headwinds
The money hotels made per available room has dropped by 2.4% year-on-year in London, suggesting economic uncertainties are putting the lid on tourism. After a period of boosted spending power…
Nottingham build-to-rent development unveiled – PropertyWire
Some 104 single family rental homes will launch in Bilborough, Nottingham, in a scheme called Chingford Meadows. There will be 70 three-bedroom homes and 24 four-bedroom homes. The first homes…
Renters’ Rights Bill could see rise in tenant CCJs
The Renters’ Rights Bill could result in more tenants being handed CCJs due to the elimination of Section 21 evictions, software company Goodlord has warned. It’s expected for more landlords…
Rental growth forecast downgraded thanks to cooling demand
Rents are only expected to inflate by 1.0% in 2025, after Hamptons downgraded its forecast from 4.5%. So far this year tenant demand is 11% lower year-on-year, as well as…
Non-doms leaving London but retaining properties
Non-doms are leaving the UK but holding on to their London properties, according to Knight Frank. Under the old rules, non-doms could live in the UK without paying tax on…
NRLA calls for stamp duty exemption for empty homes in London
Landlords shouldn’t have to pay the 5% stamp duty surcharge when landlords bring empty stock back into use, the National Residential Landlords Association argued. NRLA was responding to government data,…
Bristol still by far the biggest knotweed capital
Issues with the Japanese knotweed are by far the most prevalent in Bristol, analysis from invasive plant specialist Environet shows. In the city there are 33.91 incidences per mi², followed…
Rightmove downgrades 2025 price growth expectations
Property prices are only expected to increase by only 2% this year, down from 4%, after Rightmove revised its prediction. The annual growth rate currently sits at just 0.1%, while…
Scotland’s diverse residential property markets
John McHugh is managing partner of DM Hall, LLP, Chartered Surveyors. Scotland’s residential property market has long defied simple categorisation. Unlike other parts of the UK, it is best understood…
London rental growth to accelerate
The cost of renting in London is expected to sharply rise by the end of the year, Greg Tsuman, managing director for lettings at Martyn Gerrard Estate Agents has warned.…