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Category: Property News

report:-london-rental-stock-shrinks-by-41%-as-landlords-quit-sector

REPORT: London Rental Stock Shrinks By 41% As Landlords Quit Sector

August 8, 2023
Property News Room News
London’s rental market is contracting dramatically as landlords exist the market, a new joint report by estate agency Savills and the London School of Economics has highlighted. Its report, which…
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landlords-tell-court-about-‘terrifying’-flame-thrower-attack-by-tenant-at-flat

Landlords Tell Court About ‘terrifying’ Flame Thrower Attack By Tenant At Flat

August 5, 2023August 6, 2023
Property News Room News
A court has heard the terrifying story of a tenant who attacked his landlords with a home-made flame thrower within his shared apartment. Landlords Waldemar and Justyna Fijakowski were cleaning…
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‘base-rate-rise-will-put-landlords-and-tenants-under-even-more-financial-strain’

‘Base Rate Rise Will Put Landlords And Tenants Under Even More Financial Strain’

August 3, 2023
Property News Room News
Landlords have warned the Bank of England that its decision to raise the base rate by a quarter of a percent to 5.25% will only put more pressure on to…
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market:-rents-hit-historic-high-of-1,367-a-month-as-void-periods-plunge

MARKET: Rents Hit Historic High Of £1,367 A Month As Void Periods Plunge

August 2, 2023
Property News Room News
The average rent for a property in the UK has hit a historic high of £1,367 a month, helping push void periods between tenancies down to their lowest ever, an…
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city-office-space-under-threat-as-personified-by-canary-wharf-exodus

City Office Space Under Threat As Personified By Canary Wharf Exodus

July 31, 2023
Property News Room News
The pattern of office working is changing and nowhere is its effect on commercial property being felt more strongly than in London’s Docklands’ Canary Wharf. A once thriving financial centre…
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property-firm-reports-more-landlords-selling-up-as-‘red-tape’-burden-rises

Property Firm Reports More Landlords Selling Up As ‘red Tape’ Burden Rises

July 28, 2023July 30, 2023
Property News Room News
Home buying company the Open Property Group (OPG) has reported a 56% jump in PRS property purchases during the past year, with landlords blaming red tape for their decision to…
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no-need-to-evict!-we-sell-buy-to-lets-in-28-days-to-new-landlords-who-want-to-keep-your-“fireproof”-tenants

No Need To Evict! We Sell Buy-To-Lets In 28 Days To New Landlords Who Want To Keep Your “fireproof” Tenants

July 27, 2023
Property News Room News
They’ve been dubbed “fireproof tenants” – news this week reached fever pitch for landlords who rallied together in outrage to hear that multiple local councils had advised tenants “not to…
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official-report-backs-binning-leasehold-but-some-owners-‘still-worried’

Official Report Backs Binning Leasehold But Some Owners ‘still Worried’

July 25, 2023
Property News Room News
Ditching leaseholds is ‘entirely possible’ although some flat owners still aren’t convinced about moving across to commonhold, a government report has concluded. It explains that while reaching a point at…
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landlord-with-obe-to-pay-300,000-fine-over-‘appalling-conditions’-at-properties

Landlord With OBE To Pay £300,000 Fine Over ‘appalling Conditions’ At Properties

July 24, 2023
Property News Room News
A veteran landlord with an OBE has been handed a whopping £300,000 fine after two decades of managing illegally converted houses. Nirpaul Riat was given one of the largest ever…
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extra-stamp-duty-clobbering-welsh-landlords-with-92-million-extra-tax-take

Extra Stamp Duty Clobbering Welsh Landlords With £92 Million Extra Tax Take

July 22, 2023
Property News Room News
Landlords and holiday homeowners continue to be clobbered by a tax grab from the Welsh Revenue Authority. The latest figures show revenue from the higher rate of stamp duty –…
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