Scottish property changes hands the fastest
Over half (54%) of homes sold in Scotland last month went under offer within 30 days, Hamptons research has found. This represents an increase from 50% in May 2024, and…
Calls for ‘New Town’ between Liverpool and Bootle
There are calls to secure New Town status for a major regeneration scheme by the Liverpool City Region Mayor Steve Rotheram. The Mayor is looking for a 10-year vision, encompassing…
Prime Central London sellers slash prices due to nom dom rules
Sellers in Prime Central London are being forced to offer discounts to attract buyers after changing non dom rules dampened the market, according to Knight Frank analysis. Average prices have…
Younger Britons want to be buy-to-let landlords
A third of UK adults aspire to own a buy-to-let property, with the clamour being highest for young adults, a study from lender Market Financial Solutions has revealed. One in…
Government withholds court and tribunal impact of Renters’ Rights Bill
The government is refusing to publish the Justice Impact Test for the Renters’ Rights Bill, a document outlining the legislation’s impact on the courts and tribunal system. The test is…
Belfast labelled best investment hotspot
Rental demand is outstripping supply in Belfast, with regeneration projects in the Titanic Quarter and high student populations fuelling activity. As a result, buy-to-let yields are among the highest in…
Scotland to implement EPC standards
If regulations go through Scottish properties will need to comply with a minimum EPC rating of C for newly let properties by 2028, the same target that could be imposed.…
Planning permissions drop year-on-year – PropertyWire
A decline in planning permission in England is threatening UK housebuilding targets, Investec research shows. In 2024 only 241,000 housing units received planning permission in England, a 3% decrease from…
Second home tax funding first-time buyer loans in Wales
A council is using a second homes tax to fund loans to first-time buyers in Pembrokeshire, Wales. The Homebuy Pembrokeshire scheme will provide a loan of up to 30% of…
Construction project starts on the rise
There was a 25% uptick in projects staring in the three months to the end of May, research from Glenigan has found. This represents a 10% increase on 2024 figures.…