In recent times, regional property markets have seen a significant increase in investor interest. This upwards trajectory has been historically driven by two factors; one being to reduce risk
aversion amongst investors in the wake of the global financial crisis, and the other being rooted in the desire to capture the short-term leasing market that has started to drain away from London. Continue reading
The UK’s asbestos industry ended on August 24, 1999 after being used heavily from the 1950s to 1970s. Over 20 years on, we are starting to see the delayed latency period taking effect as asbestos deaths have peaked over the last year or so. Continue reading
Government policy and a lack of joined-up thinking are holding back the progress needed to tackle the cladding crisis, particularly in the way it is ‘dragging its feet’ in protecting leaseholders from bearing the costs of remediation, according to a new report.
A brand-new cladding crisis report from residential property experts across the sector – titled ‘Cladding: A Way Forward’ – has been unveiled by national law firm Irwin Mitchell, complete with a ten-point plan on what could be done to help solve the crisis. Continue reading
One of the strangest sights during the pandemic has been the image of some of the biggest, busiest cities in the world being almost completely deserted at times – barren, eerily quiet,
However, with the easing of restrictions as part of the government’s roadmap out of lockdown, and the success so far of the UK’s vaccination programme, there are signs that major global cities such as London and New York could experience a renaissance as those who have moved away during the pandemic return for the greater cultural, culinary, sporting and leisure opportunities on offer. Continue reading
Property investment can be very profitable over time and is seen as one of the safest forms of investment during times of crisis because of the fixed, tangible, long-term nature of bricks and mortar.
However, it’s not without its considerable downsides, risks, complications and pitfalls, and there are absolutely no guarantees that you’ll make good money from a property portfolio.
It’s also highly unlikely that you will get rich fast from property, or with no money or experience to your name, as some will promise. More realistically, it will take several years, lots of experience, good education, some luck, some skill and lots of hard work to start generating a good return from property. Continue reading
For many years, residential property has been the default choice for investors looking to preserve and grow their wealth. In times of uncertainty, the stability it can offer is increasingly attractive as a way to protect and safely store value.
As for returns: in 2020, residential property seemed one of the few assets that consistently grew in value, encouraged by the temporary reduction in stamp duty. But what will happen to house prices and rents throughout the rest of the 2020s? And how does this affect what works and what doesn’t for UK property investors? Continue reading
After several years of growth across all real estate segments, 2020 was anticipated to maintain this trend. Unfortunately, the Covid-19 pandemic put an end to these aspirations.
However, despite an economic crisis and restrictive measures imposed by governments, the real estate market in Europe is still considered to be the most attractive property investment region in the world. Before Covid-19 hit the continent, industry experts were targeting returns between 5% and 10% for their property investments in 2020. Continue reading
Having weathered the various challenges of 2020, showing its resilience and adaptability with companies surviving despite the difficult travel climate, the holiday rental world is
expected to have something of a bumper year in 2021 – at least on a domestic front – as people holiday more locally once restrictions start to lift again.
With this in mind, Barcelona-based short-let platform Rentals United has sought to celebrate all the companies that complement, support, and make up the holiday rental ecosystem with their biggest publication of the year, now in its sixth edition, known as the ‘Who’s Who of the Vacation Rental World 2021’. Continue reading
Some property gurus and trainers will insist that people starting out on their property investment journey can become financially free very quickly and very easily by using strategies such as rent to rent and lease option agreements. But is this really the case? Are they a one-way ticket to easy riches, or are they actually much harder and riskier than that, with plenty of ongoing work and commitment required to make them work? Continue reading
Southwark Council has appointed a team of architects who will design plans to transform the Currys PC World site on Old Kent Road into hundreds of new homes.
The mixed-use development will include the delivery of around 500 new homes, with half being new council homes, as part of the council’s programme to build 11,000 new council homes across the borough by 2042. Continue reading