The housing crisis is one of the most intractable problems in British society today. Past governments of all stripes have made promises to revolutionise housebuilding and provide the millions of new homes the country needs. These promises, still, have yet to be realised. Boris Johnson’s government is no different. During the last election campaign, his […]
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Movebubble has formed a long-term partnership with sustainable property developer EcoWorld. Movebubble will market a selection of the development group’s London-based Build-to-Rent homes on its platform. Be:here Hayes is the first co-living development from EcoWorld that will feature on Movebubble. It provides environmental-friendly renters with green living options. Aidan Rushby, chief executive of Movebubble, said: […]
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Average void periods dropped from 20 days in January to 19 in February, the latest Rental Index from Goodlord has found. Greater London saw the biggest drop, with void periods decreasing from 15 days to just 10 days during February. However in the East Midlands typical void periods rose from 19 days in January to […]
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Chancellor Rishi Sunak should review the stamp duty price bands in next week’s Budget on 11 March, said Richard Donnell, director of Research & Insight at Zoopla. The government has made a number of stamp duty changes in previous Budgets, introducing the 3% stamp duty surcharge in 2016 and cutting stamp duty for first-time buyers […]
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Older homeowners are anticipating they’ll need an annual retirement income of £35,196, more than double today’s average of £17,212, a report by the Equity Release Council and Key has found. The challenges of rising living costs (30%), prioritising mortgage repayments over pension savings (24%) supporting financial dependents (22%) and earning less money so unable to […]
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Ssassy Property and Triodos Bank UK have unveiled a £5.5m financing package for Ssassy’s Springfield Meadows project. Springfield Meadows is a zero-carbon project on schedule for completion in mid-2021. Paddy Thompson, chief finance officer at Ssassy Property, said: “This new funding package is great news for Ssassy and our other investors. “Both businesses have shared […]
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The Chancellor should ensure any government-backed fund to make all UK housing blocks safe following the Grenfell tragedy tackles the issue of rendered insulation as well as cladding. That is according to David Westgate, group chief executive at Andrews Property Group. Westgate said: “Based on our own recent experience, the cladding issues we are seeing […]
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Barratt’s Homes initial 21 plots in the Vale of Glamorgan have been purchased. Sycamore Chase is a new development in the village of St Athan in the heart of the Vale of Glamorgan. The homes are minutes away from the Welsh coast. The development has schools nearby and transport links.
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Many within the property industry are hoping the government will backtrack on its strategy of increasingly taxing landlords in next week’s Budget on March 11. Next week’s Budget is the first for Boris Johnson and new Chancellor Rishi Sunak, after Sajid Javid resigned last month. Asaf Navot, chief executive of London prop-tech lettings company, Home […]
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London Mayor Sadiq Khan has proposed introducing rent controls as part of his re-election campaign. Khan vowed to push Prime Minister Boris Johnson to allow him to impose rent controls on landlords in the city. Khan said: “The case for rent controls is now absolutely undeniable. But Tory ministers have blocked us from introducing our […]
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