New home completions bounce back to pre-pandemic levels
New home completions have returned to pre-pandemic levels, according to the NHBC, an independent provider of warranty and insurance for new homes. The organisation says its research highlights that overall a total of 40,289 were completed in the second quarter of 2022, an increase of 16 per cent compared to the same time last year. […]
Cost of living: first-time buyers will need to earn even more to buy a home
The average first-time buyer will need an additional £12,250 of income – compared to a year ago- to buy a home, according to the latest House Price Index from Zoopla. The research carried out by the property portal also revealed those hoping to live in London will need an additional £35,000 due to predicted higher […]
Record number of local authorities have build-to-rent in housing pipelines
Analysis published by the British Property Federation (BPF) shows the build-to-rent (BTR) sector continues to grow at pace. The total number of homes completed, under construction or in planning is up 13 per cent year-on-year to 237,000, and a record number of local authorities have BTR in their housing pipelines. The analysis, conducted at the […]
Pace of growth in property market slows
House prices continue to rise across the UK in June, according to the latest Residential Market Survey, from the Royal Institution of Chartered Surveyors (RICS). But, suggests the research, the pace of growth is slowing amid fewer new buyer enquiries which is impacting sales. In the lettings market, however, rents are forecast to rise, due […]
The National Landlord Investment Show takes place next week
The National Landlord Investment Show returns to London next week, connecting thousands of landlords, investors and property professionals. Staged at Old Billingsgate on Tuesday, July 5, the event has become a beacon for anyone with an interest in managing or investing in property. Launched in 2013, it has grown exponentially year on year and this […]
Growth in popularity for co-living
In its latest UK Co-Living Spotlight, property company Savills estimates the sector has a potential core target market of 725,000 residents, including almost 160,000 in London alone. This is compared with a total of just 24,000 operational and pipeline units, demonstrating the scale of the opportunity. Co-living combines individual studio bedroom units and on-site communal facilities, […]
Home grown – which veg to grow to reduce your shopping bill
[vc_row][vc_column][vc_column_text] With increases in the cost of living and everyone trying to cut costs where they can, many are turning to growing their own fruit and veg at home in pots, containers and gardens. There is not always space at a rental home for a sizeable vegetable plot but many of the foods that can […]
On the floor – the pros and cons of different types of flooring
Hard, soft, tile or laminate – there are so many different kinds of flooring available today that it can be hard for landlords to decide which to go for. Budget is obviously always a major factor and the overall look you are hoping to achieve will also always top your reasons for choosing one product […]
HMRC urged to improve awareness of processes among landlords
The HMRC should improve awareness among landlords about how and when they need to register with HMRC, rather than opt for an alternative plan to change when they register to pay income tax, according to the Chartered Institute of Taxation (CIOT). Currently, a landlord is required to give notice to HMRC of their liability for […]
Almost 230,000 New Private Rented Homes are Needed Every Year
The UK needs almost 230,000 new private rented homes a year to meet government housing targets, according to a new report. The report, by economics consultancy Capital Economics and commissioned by the National Residential Landlords Association, says government targets amount to a need for 340,000 new homes a year by the middle of the decade. […]
