Why East Midlands property prices are thriving

Not only house prices but also housing land values across the East Midlands have continued to grow and outpace other UK regions in recent years. Roxana Mohammadian-Molina, Chief Strategy Officer at development finance lender Blend Network, looks at the recent housing price trends witnessed in the East Midlands region to assess some of the reasons behind the astonishing growth, especially...

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overseas buyers discount brexit

Overseas buyers to take advantage of covid and Brexit discounts

Overseas property buyers could look to get a bargain this year, owing to potential savings caused by the pandemic and Brexit, said Fabrik Invest. Investors are expected to mainly come from the Middle East, Hong Kong and South Africa. Dale Anderson, managing director, Fabrik Invest, said: “The UK remains a promising and active market for fully managed buy-to-let properties. “The...

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London House Price Rise

Investors lean towards London as house prices rise

Various sources have commented on the success of London’s property market this past year as the value of flats and maisonettes increased by 9%.  According to Herddle analysis of government data, this accumulated to an average of £442,304.  Further to this, the average price of all London properties has risen by 9.7%, with a favourable inflation rate of 0.8%, in...

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Northern Ireland government to help ALL university students pay their rent

Northern Ireland’s economy minister Diane Dodds (pictured, above) has vowed to boost student hardship funds and push universities to support tenants during the pandemic including students renting properties off private landlords. While she insists that student accommodation is a matter between the individual student and their private, university or corporate landlord, Dodds says she recognises students are in a very...

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Landlords left in limbo as British Gas engineers go on strike

Landlords and domestic British Gas customers are facing days, or it could be even weeks, of delays, should their heating or hot water boilers break-down as thousands of its engineers are due to go on strike in a dispute with their employer overpay. British Gas, which is Britain’s biggest energy supplier, offers “worry-free” maintenance and 24-hour breakdown services such as...

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What property professionals need to know about the EICR deadline (and other 2021 challenges)

The property industry has faced a seemingly endless string of challenges thanks to measures set up to prevent the spread of Covid-19. In 2021, with another national lockdown in place, estate agents, property managers and landlords will have many more to face before a semblance of normality returns. 2020 sparked a range of new tools in the proptech sector that...

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PRS faces growing safety assessment scandal, claims consultancy

Unscrupulous managing agents are cutting corners on safety assessments to save money, putting landlords’ insurance claims in jeopardy and their tenants’ lives at risk. Property compliance firm Tac Property Consultants warns that contractors are being used to carry out works that they’re not qualified or accredited to do, making any issued document non-compliant. Director David Rogers has recently uncovered several...

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‘Tens of thousands’: Landlords with ACM-clad flats to pay for funding gap

Landlord who are leaseholders face paying tens of thousands of pounds to pay for repair work not covered by the non-ACM Building Safety Fund, which is proving to be hopelessly over-subscribed, according to the Leasehold Knowledge Partnership (LKP). New government figures show that the £1 billion fund announced in last March’s Budget is handing out grants of about £2 million...

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LATEST: Investors turn to warehouses in record numbers as PRS struggles

Savvy buy-to-let investors faced with dwindling returns in the residential sector are turning to warehouses as this year’s big business opportunity. Rightmove has reported a record number of calls about the industrial and warehouse property sector in 2021, with total enquiries on freehold properties up 108% in the first three weeks of January compared to the same period in 2020...

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