Property news

Just one in five London commercial assets attracting investor interest, as demand shifts across sectors

The latest research by BPS London has revealed that just 18.2% of commercial property opportunities currently listed for sale across London have secured a buyer, highlighting a highly selective investment landscape across the capital.

BPS London analysed current commercial property listings across London, assessing the proportion of available opportunities that have already attracted investor...

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Freehold price premiums hit 233% as freehold property hotspots revealed

Leasehold vs Freehold House Prices

The appeal of freehold over a leasehold is obvious when it comes to price. Currently across England, the average sold price of freehold in the last year is £327,276; 73% more than a leasehold. In Wales, freehold premiums are 46% higher than leasehold house prices.

In London, the average price paid for a freehold in the last year is...

The nation’s most popular road names for homebuyers revealed

The latest research from estate agent comparison site, GetAgent.co.uk , has revealed which road names have seen the largest number of transactions amongst homebuyers across England and Wales.

GetAgent looked at the road names with the highest number of transactions in 2020 and found that High Street, Station Road and Main Street were the most common road names when it comes to the...

Stamp duty break boosting bridging loans

121% Increase in Bridging Loan Enquiries Since Stamp Duty Relief Announcement

In an announcement by the Bank of England, property prices have risen by £30,000 on average and house sales have soared by 20% since the government announced the Stamp Duty Land Tax temporary reduced rates on 8th July 2020. At KIS Finance , one of the largest independent bridging loan brokers in the UK, we have seen a massive 121% increase in bridging loan enquiries since the Stamp Duty...

Property parking spots a premium in London

High-end London homebuyers have spent £98.1m on parking spaces despite ULEZ introduction

The latest research from high-net-worth (HNW) mortgage broker, Enness Global , has revealed the staggering costs still being paid by London’s high-end homebuyers to secure a parking space, despite Sadiq Khan waging war on anyone on four (or two) wheels.

Enness looked at price paid records for parking spaces across London in the year prior to the introduction of the ULEZ in April 2019...

North East is a popular new build hotspot

The North East is the nation’s new-build property hotspot

The latest research by property developer, StripeHomes , has revealed where has been the nation’s new-build property hotspots over the last year.

StripeHomes analysed property transaction data over the last 12 months to find which areas were home to the largest number of new-build sales as a percentage of all property transactions.

Nationally and Regionally

The...

Burglaries fall by almost a quarter in 12 months

Residential property theft dropped by almost 100,000 reported incidents in the past 12 months according to UK CrimeStats, using data gathered by the Economic Policy Centre.

The figures show that from July 2018 to June 2019 there were more than 414,400 reported incidents, but from July 2019 to June 2020 this dropped to 320,120 burglaries – a 22.75% fall.

During the depths of...

The £28m home improvements of the super-rich homebuyer

The latest research from high-net-worth (HNW) mortgage broker, Enness Global , has revealed the eye-watering cost of just some of the property requirements, home improvements and additional extras currently in-vogue with home buyers at the top end of the ladder.

It’s simply not enough to buy a house at the top end of the property market and today’s super-rich homebuyers are spending...

House property transactions falling through are not uncommon

Property fall throughs are costing UK home sellers £607.5m a year

The latest research by BreezeMove has found that reducing the rate of property transaction fall throughs by just 10% a year, could save UK home sellers as much as £60.750m a year.

Gazumping, broken chains and problems with mortgage approval are just some of the main factors that can cause a property sale to fall through. When a property does fall through it often leaves home sellers...

Houses in London where rental prices have decreased

London is one of just six European capitals to see its rental prices drop in the last year

The latest research from the international rental marketplace, Spotahome , has revealed that London is just one of six European capitals to have seen the cost of renting fall over the last year. Spotahome analysed monthly rental data across each capital city in the EU, as well as London, and found that the cost of renting has increased by 3% on average since last year.

Valletta in...

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...

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