There are over 310,000 private rented properties in London that require licensing under mandatory HMO, additional and selective licensing schemes implemented under the Housing Act 2004, new research has found. Whilst the mandatory HMO licensing applies across England, additional and selective licensing schemes are introduced on a borough by borough basis, with the aim of […]
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Average rents in Britain increased by 1.8% in the year to September 2019 to £998, rising everywhere apart from Wales where they fell by 1.4%, the latest lettings index shows. It means that the average rents in Wales was £673, according to the latest Hamptons International monthly lettings index which is based on achieved rather […]
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Take-up in the City of London is on track to surpass six million square feet by the end of the year, according to international real estate advisor Savills. Over one million square feet of space went under offer in August, bringing the total amount of space currently under offer in the City to 2.8 million […]
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The commercial office market in Scotland is proving to be strong with the three biggest cities seeing a number of record deals. Aberdeen has seen its biggest office deal in three years, Glasgow its highest quarter three take up in over 10 years and in Edinburgh investment levels are ahead of the long term 12 […]
The post Office market in three key Scottish cities strong, new analysis reveals appeared first on PropertyWire.
The number of bedrooms, a speedy internet connection and being close to a pub are among the top priorities British people look for in a new home, a new survey has found. Owners and renters said that a spacious living room is more important than a modern kitchen, while local shops are a bigger priority […]
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Property prices in key cities across the world increased by 3.5% on average in the second quarter of 2019, led by annual growth of 25% in Xi’an in Chine, the latest international index shows. Overall, some 80% of the 150 cities covered by the Knight Frank index saw property prices rise in the 12 months […]
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Residential property sales remained subdued in September and buyer demand and supply slipped into negative territory, the latest industry housing market survey shows. New instructions across the UK reached its weakest in three years and buyer enquiries have fallen as uncertainty deters house purchases, according to the report from the Royal Institution of Chartered Surveyors […]
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The housing industry needs to do more to win the support of Londoners for new home building with council, social rented and genuinely affordable housing being a priority, it is suggested. The inaugural Homes for Londoners conference, held at the Royal Victoria Docks in Newham, with more than 400 representatives from the housing sector, discussed […]
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Almost 14 million people in the UK plan to remain in their current home in retirement and of those an increasing percentage will use their property to generate income through equity release, a new study suggests. Figures from the research by Canada Life Home Finance show that 69% of adults say they will remain in […]
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Government proposals to reform the way landlords can repossess properties will not work and threatens the supply of homes for rent, it is claimed. In its response to the Government’s consultation on ending Section 21 repossessions, the Residential Landlords Association (RLA) argues that what is being proposed fails to give any guarantee that landlords would […]
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