Homeowners must be helped out of the cladding crisis as insurance premiums soar, according to Apropos. The firm believes that the continuing slow response from government to the plight of thousands of homeowners unwittingly stuck in their homes with dangerous cladding must be resolved this year. Individuals trapped by potential cladding issues...
The latest Marketview report from CBRE has revealed that the UK Build to Rent (BTR) sector recorded a total of £955.7 million of investment in the last quarter of 2020, taking the full year total to a record high of £3.5 billion. This came despite the challenges of the pandemic, and...
Following one of the most disruptive and challenging years in living memory, I have no doubt that many of those in the property market are hoping that 2021 will be the year that things return to relative normality. While Covid-19 still remains a top concern, the rollout of a vaccine across...
Real estate specialist Urban Village Capital has announced launch events for two major Midlands residential developments. Four Oaks House in Sutton Coldfield and the iconic Equipoint building in South Yardley are opening their doors for future residents of these new schemes within easy reach of Birmingham and Sutton Coldfield town centres. Both...
Across the property investment and development market, activity continues apace despite the challenges posed by Lockdown 3.0.Here, PIT zones in on a new podcast launched by a well-known property podcasting duo, the outlook for investors in the year ahead and a new affordable housing scheme in Castleford.Seasoned podcast duo launches...
A guest piece we ran on Monday suggesting that the government’s plans for leasehold might not represent a victory for leaseholders – and that commonhold might not be a very good alternative – was comprehensively rebutted by those in favour of leasehold reform. In a poll we conducted at the bottom...
With Britain, and many other parts of the world, currently undergoing the worst months of the Covid-19 pandemic, some have called for tighter restrictions and lockdowns – questioning whether things like construction work is indeed essential. Equally, question marks have been raised about whether Covid protocols and social distancing are...
Round Hill Capital (RHC), a leading global real estate investment, development and asset management firm, has secured a deal to acquire a 12,800 square metre site for its first purpose-built student accommodation (PBSA) development in Spain. Located in the Aravaca district of Madrid, the 500-bed scheme will introduce high-quality student housing...
UK rent levels continued to rise faster for larger properties during the last quarter of 2020, according to The Deposit Protection Service (The DPS). Its latest quarterly Rent Index, which is based on 1.8 million current tenancies, shows that the average monthly cost of renting a detached property in the UK...
Blockchain technology and cryptocurrency have been such buzzwords in the last decade. We hear these concepts often pertaining to a variety of industries such as banking, cybersecurity, and supply chain. But how does (and will) blockchain affect the hospitality world? Blockchain and cryptocurrencies have the potential to improve and transform the...
While Brexit may now be well and truly done, British citizens residing in Spain who have yet to complete the necessary paperwork surrounding residency have been given a lifeline by the Spanish authorities. Those who can prove they lived in Spain prior to December 31 2020 can still apply for residency...
While many have cautiously welcomed the prospect of leasehold reform, Mick Platt, chief executive of Wallace Partnership Group, offers a different opinion on the move towards abolishing leasehold and replacing it with commonhold. The recent announcement on leasehold reform has been presented by government as a victory for consumers, but in...
Wardour Point, a development crafted for modern living, has been launched in Manchester to meet the growing demand for regional property. The scheme boasts 183 apartments over 25 floors, situated in the city’s emerging creative quarter where residents can live, work and relax. Offering a high-performance investment opportunity, Wardour Point has two-bed...
A London-based property development company, founded by two young local entrepreneurs, managed to post record sales over the last two quarters of 2020 in spite of Covid-19, and argues that it’s Brexit which has been worse for business than the pandemic. Daniel Goldsmith, 30, and Paresh Chandegra, 39, came together to...
Brighton and Hove council last week (January 13 2021) granted planning permission to developer Alumno to construct purpose-built student accommodation on Brighton’s Lewes Road. This followed a thorough consultation process and comes months after the plans for the scheme were first announced. The development will primarily house the city’s Screen and Film School students, with...
As we settle into 2021, Auction House and iamsold reflect on last year’s record sales, while Pugh announces new technology designed for estate agents. Auction House sees best-ever success rate in 2020 Auction House UK is reporting its best-ever annual success rate of 79.2% during 2020. The group sold more than 3,300 auctions...
UNCLE, a well-established Build to Rent (BTR) brand owned by Realstar Group, has announced a $1 billion transformative investment to grow to more than $5 billion of assets over the next five years. Realstar, which owns and manages over $8 billion of assets in Canada and the UK and has a...
A leading UK student accommodation platform has unveiled which universities currently offer the best option for landlords in the student sector. UniHomes examined market data around the top 50 UK universities to discover which offer the most profitable buy-to-let investment based on the current average rental yield in each university postcode. The...
Looking for an investment property outside of London? Now might be the perfect time to do so as the demand for regional properties, particularly those located in commuter towns, has drastically increased. Estate agency Hamptons has found that an estimated 73,950 property buyers left London in 2020 in a four-year high, with people...
A Midlands estate agent is the latest to convert to live stream property viewings after six months of using an Australian-designed live-streaming app. Gavl was originally marketed to the auction sector but Matt Nicol, managing director of Worcestershire estate agents Nicol & Co, switched to the app when the first lockdown...