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According to a recent report in The Times, around 25% of London homes in the super-prime category, featuring properties valued at over £15m, were purchased by American buyers last year. With a 7% YoY increase from 2023, it is evident that wealthy Americans are taking more interest in some of the Capital’s top-tier residences. What …

Continue reading "Record number of Americans are moving to the UK – What does this mean for London’s property market?"

With the temporary relief for home purchases coming to an end soon, many are asking when is Stamp Duty changing. Stamp Duty Land Tax (SDLT) rates in the UK will change for all property completions starting 1st April 2025. However, these changes aren’t new or unprecedented. In fact, they are just a continuation of the …

Continue reading "How Stamp Duty is changing in 2025"

With consecutive rate cuts and sluggish house price growth, the latter half of 2024 shaped up into a buyers’ market. With further rate cuts on the horizon and an improvement in housing stock, experts believe 2025 will be another positive year for home buyers, with over a million completions expected this year. Let’s look at …

Continue reading "Outlook and predictions for the London property market in 2025"

2024 has been a better year for the UK economy as GDP growth showed continued resilience to stay positive after falling into the red during the last two quarters of 2023.

Earning yields of up to 6% in the outskirts of London is a great achievement. For more central areas such as Hammersmith, it’s truly incredible. But that’s exactly what Benham and Reeves have helped an overseas landlord achieve with the simple makeover of a 2-bed, 2-bath flat in Sovereign Court. Benham and Reeves has been …

Continue reading "Instant 8% increase in rent after property makeover in Hammersmith"

Among the UAE’s seven Emirates, Dubai is the most popular for international businesses and tourism, with a growing population that is soon closing in on four million.

Autumn usually brings a monthly house price increase but October 2024 has seen more restrained growth. Rightmove reported that the average new seller’s asking price rose by 0.3% (+£1,199).

More than 85% of the UAE's population is made up of foreign nationals and expatriates who contribute significantly to the country's GDP of nearly £400bn.

The UK and its capital have proven to be a haven for domestic and overseas property investors for a long time. Whether it is resilience in the wake of global economic challenges or stable growth combined with promising returns through rental income and capital appreciation, the UK is one of the most favoured destinations for property investment worldwide.

The new Labour government's appointment in July, followed by an interest rate cut by the Bank of England (BoE in August for the first time in four years, has invigorated the housing market.

Trusts are not only for the super wealthy or Ultra High Net Worth families, but work for people with property assets. Trusts help with managing inheritance tax, allowing people to pass assets on to the next generation or even grandchildren, yet in many cases retaining some control over the assets.

London stands as a beacon of culture and education globally, attracting millions of professionals and students to diverse neighbourhoods, company headquarters and some of the best educational institutions in the world.