Property news

When to Buy or Rent Given the Current Real Estate Market in Malaysia

Your decision to buy or rent a property will depend on your needs, particularly on your future plans. However, if you are going to invest in the real estate market, it is important that you adopt strategic planning. Note that the real estate market is influenced by pressures of inflation and rising home prices. So, while the demand for residential property is high, it poses affordability concerns also...

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Keep up-to-date with the latest property news in the UK.

The nation's hotspots for homes with planning permission

South East a hotspot for homes that already have planning permission

The highest proportion of properties for sale with planning permission already in place are in the South East of England, as almost three in 10 (28.2%) are ready-made for development.

Properties that already have permission are attractive to investors looking to add extensions or refurbishments, even though...

Property industry reaction as interest rates cut

The Bank of England has just made the decision to reduce the base rate to 5.00% today.

The base rate has been cut to 5.00%, with this being the first cut since March 2020.
The cut comes as a result of wider economic stability and inflation holding at 2% for the last two months.

Guy Gittins, Foxtons Chief Executive Officer, said:

"...

BoE base rate reduction: Head of Mortgages reveals how it'll impact YOUR mortgage

In a significant move just announced, the Bank of England (BoE) has lowered the base rate to 5.00%, bringing welcome relief to mortgage holders and prospective homebuyers across the UK.

John Fraser-Tucker, Head of Mortgages at online mortgage adviser Mojo Mortgages , expressed his enthusiasm for the announcement: "After being held at 5.25% for the last seven base rate announcements,...

Build to rent development Union Yard, Aldershot

LRG Appointed to Manage and Maintain 82 units in the new and exclusive Aldershot Build to Rent development by Rushmoor Homes Limited

LRG Appointed to Manage and Maintain 82 units in the new and exclusive Aldershot Build to Rent development by Rushmoor Homes Limited at Union Yard in Hampshire

Three Sixty Space , a division of national property services group Leaders Romans Group (LRG) has been instructed by Rushmoor Homes Limited to manage and maintain 82 Build to Rent (BTR) units at the new Union Yard site in...

Nationwide - Growth accelerates again in July

The latest Nationwide House Price Index figures were released today. The latest index shows that: -

House prices climbed by 0.3% between June and July of this year, up from 0.2% the previous month.
House prices were also up 2,1% year on year, with the annual rate of growth accelerating from 1.5% the previous month.
This marks the fastest pace of house

Tenant to rental property ratio forecast to ease by 2030, but stock availability still poses problem for sector

The latest research by Zero Deposit , the tenancy deposit alternative, has revealed that while the ratio of tenants to available rental properties is forecast to ease by 2030, there will still be over two tenants for every rental property available, highlighting the tough task facing those reliant on the rental sector to put a roof over their head.

Zero Deposit analysed historic...

Utilising 1% of the green belt could deliver 738,000 new homes, putting Labour well on its way to delivering 1.5m new homes

Research by Lomond has revealed that Labour could deliver almost half of the 1.5 million new homes planned should it follow through with its plans to reclassify wrongly designated green belt land. In fact, the analysis by Lomond shows that just 1% of the current green belt could provide enough space for over 738,000 homes.

Lomond analysed current land usage looking at the total area...

Third of home movers downsizing, but it's not just to cut costs

The latest research by Quickmove Properties has revealed that while a third (33%) of those opting to move home in the current market are downsizers, it's not the increased cost of borrowing or living that is driving them to reduce the size of their home, but the fact they live in an empty nest.

Quickmove Properties commissioned a survey of UK home sellers to have sold over the last...

One in five homeowners never had a gas safety check, leaving them open to dangers of carbon monoxide poisoning

Research from Fair Fix , the boiler engineer experts, has revealed that despite a reduction in the number of deaths caused by carbon monoxide poisoning, a worrying one in five UK homeowners have never had a gas safety check carried out on the gas appliances within their home.

Deaths from carbon monoxide

The latest data from the Office for National Statistics shows...

How can commercial developers help revitalise the local high street?

Research by the debt advisory specialists, Sirius Property Finance , reveals that 42% of UK consumers rarely, if ever, take a trip to their local high street, as commercial developers are urged to find ways of tempting shoppers to return and, in doing so, help local communities and economies thrive.

The survey of over 1,000 UK consumers, commissioned by Sirius Property Finance, asked...

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