Landlords see rising profits and yields despite Budget
Landlords are enjoying better profits and yields than they have for several years, research from Aldermore has revealed. The average achieved yield of 6.6% is the highest seen in a…
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…
Mansion Tax speculation continues – PropertyWire
There’s heightened talk that the market could be hit with a Mansion Tax in next month’s Budget. Specifically it’s thought Chancellor Rachel Reeves could impose a 1% levy on the…
Planning permission granted for biofuel facility in Kent
Syntech Biofuel is set to expand its energy operations at Kingsnorth Industrial Estate in Rochester. The development will deliver a new 1,600 sq m production building to manufacture of Syntech’s…
Anger after Rachel Reeves failed to get a landlord license
Chancellor Rachel Reeves failed to gain a selecting landlord licence when renting out her home in Dulwich, attracting some ire from the property industry. The breach happened after she moved…
Executives worried about a potential recession
Leaders in the real estate and construction space think economic uncertainty poses a very real risk to their business. This year has seen recession fears rise amidst erratic policymaking in…
Landlords given five tips after Awaab’s Law launches
A property care expect has identified five common problem areas that landlords should pay close attention to when inspecting their properties. Awaab’s Law forces social landlords to investigate and fix…
Land acquired for East Sussex development
Bellway has acquired a plot of land in Hellingly, East Sussex, where it plans to build 360 new homes. The plan is to deliver 234 homes for private sale in…
Renters’ Rights Act: What we know so far
The Renters’ Rights Bill was turned into an act this week, being granted Royal Assent on Monday 27 October. While the law has officially been passed, the roadmap for rule…
Large auction happening prior to Autumn Budget
First for Auctions has recorded its largest auction on record, with 70 lots being up for sale in October. The increase in volume reflects an increase in sellers seeking the…