Scrapping stamp duty a “tall order” for “weaker” government
Talk of scrapping stamp duty and replacing it with a sellers’ tax, as well as rebanding council tax, would prove to be an uphill struggle for the government. That is…
Manchester co-living development fully opens
Manchester co-living development, Square Gardens by Downing Living, has reached full completion with the opening of its final phase, The Fernley. Both Acer and the Fernley, comprising 1,187 and 585…
Castleforge and Conversant Capital investing in Central London offices
A London and US based firm are investing in Central London offices, starting with a redevelopment of 75 London Wall. First there was a £90 million recapitalisation of a 162,000…
Scottish Greens want to ban evictions for first 12 months
The Scottish Green Party is proposing for landlords to be barred from evicting tenants for at least the first 12 months of their tenancy. Investors would also be required to…
UK short-term rental market sees softer demand but higher prices
The UK short-term rental (STR) market is seeing higher prices but softer demand, figures from short-term rental analytics company Key Data show. Forward bookings for autumn are tracking slightly below…
House share availability falling – PropertyWire
Despite tenant demand barely changing, house share availability is dropping, analysis from HMO management platform COHO has found. In England the number of available house shares has fallen by -15.2%…
West Sussex development launches – PropertyWire
Work has begun on an 83-home development in Billingshurst, West Sussex, which will be known as Elmfield Green. The Bellway development will feature a range of one to five-bedroom homes,…
Southern buyers benefitting from static house prices
Static house prices and lower mortgage rates are benefitting buyers across the south of England buyers most, Rightmove analysis shows. In London, where average asking prices are now 1.1% lower…
Bank of England expected to hold base rate
The Bank of England is widely expected to hold the base rate at 4% today. Inflation stood at 3.8% for the second consecutive month in August, wage growth is slowing,…
First-time buyers stretching to buy ‘forever homes’
Semi-detached properties are in the crosshairs of first-time buyers, as a fifth (22%) of homeowners are buying properties with more bedrooms than they need. Over a third (33.5%) bought semi-detached…