Property news

Which bridging loan do you need? An expert's view for property investors

With the Labour government set to overhaul planning regulations in order to pave the way for delivery on its ambitious housing targets, property development is expected to accelerate over the coming months and years. With this, developer demand for flexible short-term property finance is going to increase. As such, Excellion Capital , the boutique debt advisory and investment firm, has released a...

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Keep up-to-date with the latest property news in the UK.

I have Rental Property Spain - What is the Impact of Brexit?

Those with investment property in Spain will now be faced with a significantly higher rate of Income Tax as a result of Brexit. In addition, they may lose their right to an exemption from Capital Gains Tax arising from the sale of a former home.

Spanish Income Tax

If you are a landlord of Spanish property, you will be paying some form of Income Tax.

Pre-Brexit, UK...

What Next for Landlords?

2021: a potential crossroads for landlords of private residential property.

There has been significant tax reform impacting the rental sector recently. Covid-19 only increases market turbulence. What’s changing and what are the options to help you plan for the future?

Capital gains tax: 30-day payment and reporting

There was a change to the capital gains tax (CGT)...

Fewer homes built in the last year as new build delivery tumbles

The latest research by the property developer, StripeHomes , has found that the level of new homes reaching the market has fallen by more than 32,000 across England year oin year.

StripeHomes analysed the number of completed dwellings delivered to the market in the last 12 months and how this compares to the stock levels delivered during the previous 12.

The figures show...

With the end of SDLT holiday approaching more leaders are accepting Search Insurance

The fast approaching end of the SDLT holiday in March means that residential property lawyers are under even more pressure to complete purchases quickly.

They will be pleased to hear that major lenders Skipton Building Society and NatWest will now accept Search Insurance in place of Local Authority Searches. NatWest will temporarily accept Search Insurance for new purchases and...

Biggest drop in London rents since spring

SpareRoom has revealed its quarterly rental index, showing the biggest drop in London room rents since spring, down 8% from Q4 2019.

The data also reveals the most and least affordable areas to rent in the UK. It shows the 20 most popular postcode areas based on supply figures for Q4 2020, as well as the top 10 postcodes where rents have dropped the fastest.

BIGGEST DROP IN...

The most affordable universities for student tenants

The latest research by UniHomes , the UK’s leading student accommodation platform, has revealed that the University of Liverpool is the nation’s most affordable option for prospective students looking for the perfect mix of affordability and a quality higher education.

UniHomes analysed postcode rental data from PropertyData looking at the current cost of renting surrounding each of...

Top earners already earning 4.9 times the average UK salary

By the end of this week (24th January), CEOs of FTSE 100 companies will have already pocketed a net income nearly five times that of the average person’s annual wage in the UK, with enough saved to place a 10% deposit on a £1m+ property.

Research by home buying platform, Yes Homebuyers , shows that a CEO of a FTSE 100 company will take home an average net annual salary of £1.9m - and...

Most Impulsive Lockdown Buys Revealed

With recent ONS data showing the average disposable income in the UK increased by £700 per household compared to 2019, Share to Buy analyses how much the average Brit spending habits have changed over the multiple and the top most impulsive splurges of 2020.

According to Barclays, Brits spent a total of £40.6 billion on dispensable items to make their time at home more enjoyable...

Why renting in retirement could offer a fresh start in 2021

Retirees looking for a fresh start in the New Year should consider the many benefits of renting in retirement, which can give them the chance for a fresh start in a new home that will better suit them in later life.

Renting in retirement is growing in popularity. Recent research from Paragon Bank [i] has revealed...

Homebuyer Survey Reveals SDLT Holiday Is NOT Driving The Majority of Recent Market Activity

“Those who are feigning hysterics that everything in their pipeline will fall-through on April 1st are being swept along by media hyperbole,” says Russell Quirk.

The majority of UK home buyers in 2021 are not being motivated by the Stamp Duty Holiday, despite the narrative currently being told throughout papers and news channels.

According to exclusive market...

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