Latest UK property news

Dubai’s real estate market is thriving, with record transactions and significant price increases. 2023 recorded 93,590 residential transactions by October, surpassing the previous year’s total. Property values soared, with apartment prices rising by 18.7% and villas by 21.4%. Rentals also surged by 19.7%, with projections indicating further increases of up to 20% in 2024. Despite …

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Benjamin Franklin once said, “Nothing is certain except death and taxes”, and His Majesty’s Revenue and Customs (HMRC) is responsible for ensuring taxes are collected in full and on time in the UK. This division of the Government includes any landlord, whether that’s a UK resident or an overseas person, who let out a property …

Continue reading “What happens if you don’t declare rental income in the UK?”

If you are not based in the UK, so based overseas and buy a property in the UK with a mortgage or loan from a Bank or Lender, then the Bank or Lender will require you to have a Processing Agent which is a local entity, such as a lawyer, accountant or letting or managing …

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UK inflation fell to 2% in May, reaching the Bank of England’s target for the first time in almost three years. And while the Bank of England voted to keep interest rates at 5.25% earlier in June, an interest rate cut looks likely soon, possibly in August. In fact, former Chancellor Jeremy Hunt recently said …

Continue reading “UK housing market remains steady as inflation reaches target and interest rate cut looks likely soon”

London is heating up this July, and we have the most exciting events happening in the city! The month is all about vibrant cultural events and electrifying music festivals that are bound to be the highlight of your social calendar. Whether you are a lover of culture seeking out powerful theatre performances, a music enthusiast …

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This year, our Northwest London branches executed the sale of several off-market properties, all to 100% cash buyers. These buyers were willing to pay an ‘opportunity value’ premium for the properties, as they recognised the advantage of acquiring the assets without external market pressures and the fear of getting gazumped. For the sellers, our discreet …

Continue reading “Success story: Off-market properties sold for more than their asking price in Northwest London”

London’s thriving property market, which is often viewed as a reflection of the UK’s stable economy, is driven by sound policymaking and good leadership. On the 4th of July, political parties across the country will contest once again to get their respective government in office and have released their election manifestos to woo voters. Analysis …

Continue reading “Tories vs Labour: Who has the better manifesto for property buyers?”

Located in a central Zone 1 neighbourhood, 250 City Road in Islington has witnessed strong demand from corporate tenants, working across London’s financial and tech districts. This stylish property development by Berkeley Group includes a collection of studios, one, two and three-bedroom apartments, supported by a suite of upscale amenities, including a rooftop gym and …

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In London the only thing better than the sights is the bites! From Soho’s quirky eateries to Camden’s bustling street food stalls, while Bermondsey tempts you with artisanal treats, and Brixton tantalises you with its bold and spicy flavours, there is something in store for every gobbler! So, grab your forks and loosen your belts …

Continue reading “The best neighbourhoods in London for foodies”

The shortage of rental properties has been a key factor in historically high rents over the last couple of years, but with new property completions in the Wembley area already rolling out in Quarter 1, many of these developments are already seeing improved stock levels and reducing pressure on London’s renters. According to Zoopla, London’s …

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Rental stock shortages and huge demand from workers returning to their London offices have been a major factor in record-breaking high rents over the last few years, but as 30-plus new property developments across London rolled out completions in the first quarter of 2024, we are now seeing improved stock levels which is stabilising rents …

Continue reading “More rental stock creates choice for renters in Hendon”

We continue to see high demand for rental properties in London, outstripping supply in some areas and well presented, accurately priced properties are generally letting within a week. But with the rental market now stabilising after the frenetic activity of the post-Covid years, when demand soared as the world returned to normal, we are now …

Continue reading “New stock eases pressure on Fulham rental market”