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.

Hot Tub top of the list for expensive outdoor appliances

Households splashing out £300 extra this summer

New research from home energy-saving assistant Loop has revealed the worst culprits for adding to energy bills during the summer months, as it finds some households could be forking out as much as £300 extra when the sun is shining1.

Comparing a number of popular appliances used during the summer including electric patio heaters, air conditioning units, hot tubs, and outdoor pool...

Buying property with pensions can help small business owners ease cash flow

Many businesses iare struggling with cash flow at the moment; Steve Woodham , senior pensions manager at financial experts Old Mill says pensions could offer a solution.

“If your firm already owns a commercial property, selling it to your pension scheme could provide that cash injection you’re looking for,” he said.

You can purchase a commercial property either with a SIPP (...

Renovation Nation: UK homeowners spend £55bn on renovations during lockdown

With most of the nation stuck indoors due to lockdown restrictions, homeowners across the UK are investing in lockdown makeovers, new research reveals.

The 2020 Renovation Nation Report , by mortgage comparison site money.co.uk , has found that UK’s homeowners have invested an average of £4,035.70 each on home renovations, since the lockdown began in March. And it seems that Brits...

New property portal for consumers and estate agents

On September 1st OpenBrix launches to the UK property market. A property portal that does what you expect and a number of things that you won’t.

In the past twenty years, the property portal scene has been dominated by one particular focus – shareholder value and founders and executives taking cash off the table.

Broken promises, hiked fees, arrogance… these traits are now...

To furnish or not to furnish?

The latest research by lettings management platform, Howsy , has revealed that across the UK’s major cities, tenant demand is highest for homes that come unfurnished.

Howsy compared the level of stock already snapped up by tenants as a proportion of all stock listed to see which was most in-demand when it came to furnishings and whether it’s worthwhile for landlords to kit out their...

Post-pandemic property market slump presents opportunities for smaller developers

‘Build, build, build’ is the Prime Minister’s message as we lift from lockdown and focus on getting the economy moving. Infrastructure and construction are the key to getting the country on track and preventing a worse recession than the country is already expecting. However, the focus of the government has been on larger construction companies and projects, with little emphasis on the...

Research reveals buyers need to act now to reap stamp duty discounts

The latest research by estate agent comparison site, GetAgent.co.uk , has revealed that so far this year, the time it takes to sell a property has increased by 14% when compared to last year. With an average time of 144 days or nearly five months, from listing to completing, homebuyers looking to take advantage of the recently announced stamp duty holiday need to act now.

GetAgent.co...

Estate agency fees revealed as the cost to sell hits £32,430 in some parts of Britain

The latest research from estate agent comparison site, GetAgent.co.uk , shows the average estate agent fee in Great Britain is 1.51%, up 0.26% when compared to this time last year.

Based on the current average house price, that means homesellers are paying £4,154 to sell their homes.

The highest percentage fee

Of course, in some parts of the property market, this...

Renting near a landmark will cost you more

The latest research by rental deposit replacement scheme Ome has found that renting near a famous UK landmark can cost as much as 207% more than the cost of renting in the wider area.

Ome looked at 32 famous UK landmarks and the current cost of renting in the surrounding area before comparing this rental cost to the broader area in which they are located.

The research shows...

London's most and least affordable homes for rent

Across the London rental market, there is an average difference of 5,869% in rental prices between the most and least affordable homes currently listed to let on Rightmove, although this climbs as high as 37,456% in some boroughs.

The latest research by MovingHomeAdvice.com , analysed current rental stock across every London borough, looking at the most and least affordable homes...

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