Wales is the most affordable region in the UK for renting a property and London the most unaffordable, according to new research which looks at the percentage of income going on rent. In the UK as a whole it is 34%, but in Wales it is lower at 30%, whi...
Planning delays of over a year are forcing individual, small site building projects to be abandoned, and slowing UK development overall, according to a new report. Decisions over even the most modest sized sites are taking an unacceptably long time to ...
The Bank of England appears to be adopting a more optimistic stance on Facebook’s controversial crypto initiative. Mark Carney, Governor of the Bank of England indicated that he would be willing to be ‘open minded’ over the social media corporation’s digital currency. Despite this, he says, the new project could face stringent regulatory oversight. The United Kingdom has long maintained a more cautions and restrictive approach towards the broader digital currency market. According to the Bank of England, although the Libra coin could penetrate the British market with greater ease, Facebook would still need to maintain high standards of operation
Property sales in the UK have fallen substantially, according to the latest seasonally adjusted figures published by HMRC which collects the property tax paid on transactions. Residential transactions fell by 6.4% between April and May and were 11.3% l...
More than 30,000 households have been helped to buy their home through Scottish Government support schemes since 2007, the latest official figures show. The majority of these purchasers were first time buyers and young people, who often struggle to get...
The next British Prime Minister is being urged to scrap the controversial Right to Rent scheme, with a coalition of organisations pointing out that the High Court has ruled it causes discrimination. The Residential Landlords Association, the Joint Coun...
The number of affordable homes in London got a significant boost when the Mayor intervened to more than triple the number being built on a new development. Sadiq Khan has approved a development with 100% affordable housing and a new hotel. The Kensingt...
The value for student housing, build to rent and retirement housing in the UK is set to quadruple in the UK, reaching a combined worth of £880 billion at full maturity, according to a new report. This will be almost four times its current £223 billion ...
There has been a substantial increase in the number of buyers from the United States in London and they spending an average £7.3 million, a new analysis has found. Indeed, buyers from across the pond are the second highest ranking group investing in re...
Bristol has highest level of tenant demand of all UK cities at 50%, followed by Newport in Wales with a demand score of 39%, while Nottingham, Plymouth, Cambridge, Portsmouth and Bournemouth also scored above 30%. Oxford at 29%, Manchester at 26% and G...