Few would disagree that it has been a difficult year for the residential lettings sector. With the market effectively frozen for several weeks in the spring due to lockdown, a precipitous decline in renter demand followed. Although London’s renting residents are making enquiries once more, and demand is unquestionably there, Build...
It’s positive news all around in the auction world. Below, Property Investor Today takes a closer look… Bond Wolfe powers ahead with impressive September results Bond Wolfe Auctions has reported a ‘remarkable’ result for its latest live-streamed auction, achieving a 95% success rate and selling 196 of the 207 lots offered. It raised...
“It’s time to talk about Brexit,” according to Spanish property expert and author Sean Woolley. While the Covid-19 pandemic has, for obvious reasons, been all that we have been thinking about since March, as we enter the final quarter of 2020, the end of the transition period for the UK to leave the...
A development offering promising returns has launched in Liverpool as the famous old port city’s property market remains resilient in the face of the coronavirus pandemic. Alesco Investment Properties has been appointed as exclusive agents on Bishop Square in Liverpool, which boasts 105 luxury apartments only minutes from the city’s iconic centre, priced at 20% lower than the...
The Virtual Homebuilding & Renovating Autumn Show is making a 'flashy comeback' this weekend following a successful virtual summer event, where 70% of visitors considered it better value for time and money than attending a live show. The event – which is sponsored for the first time by the Royal Institute of British...
Up-and-coming Salford is the most profitable city for buy-to-lets, followed by Manchester and Leeds. That’s according to a new study by CIA Landlord, which has revealed the cities with the cheapest average house prices compared to the average rental cost to unveil the best cities and house types to invest in...
Great Marlborough Estates has acquired a vacant office building for redevelopment into 137 new homes in Chiswick. The deal, which was negotiated between the developer and Lendlease during lockdown, will provide a range of apartment types and townhouses. RIBA award-winning developer Great Marlborough Estates will revamp and extend Empire House, a vacant...
We have seen over the past few months a real government impetus to regain lost ground, since the economic effects of Covid-19, by boosting the construction industry in whatever ways it can. The Prime Minister pledged £5 billion to ‘build, build, build.’ This has been coupled with changes to stamp duty,...
Research by Built Asset Management (BAM) has revealed a marked increase in renters scrapping single lets in favour of co-living, with a rise of 312% recorded in July and August when compared to January and February. The data relates to people from single let properties – i.e., those inhabited independently –...
Work on a new mixed-use development in Hendon from developer St George and leading UK retailer Sainsbury’s will commence early next month. The Silk Park scheme will involve a flagship new Sainsbury’s store, 1,309 homes and local amenities set within a public park. The development is set to deliver much-needed private and...
It’s strategically located for easy access to London Heathrow Terminals, is close to a number of the stations on the incoming Elizabeth Line and sits nearby to Twickenham Stadium and a wide range of impressive green space, but until now Hounslow has gone under the radar as an investment or...
Overseas and domestic students have returned to the London lettings market in full force this month, accounting for 25% of all tenants currently registering with Dexters’ 12 prime central London (PCL) offices. The survey conducted by the London estate agent found that the five most popular locations for students to live...
Despite the many challenges posed by Covid, new housing schemes, developments and initiatives continue unabated. Here, Property Investor Today explores the latest development news, from a vibrant new scheme in Whitechapel to Legal & General’s latest foray into the later living sector. Final phase of East London development launched It’s been revealed that...
Estate agent Martin & Co has analysed Google search data to reveal the most searched for holiday home destinations across the UK. Since lockdown started to be eased, staycations across the UK have boomed as holidaymakers opted to make the most of what the UK has to offer rather than risk going...
For most homeowners, the thought of selling a house in 2020 is anxiety-inducing. To some, it feels like tempting fate. However, for a smart, bold few, positioning a property on the housing market is particularly alluring. The Good: short-term market improvements Why? Well, here’s the thing: the UK’s housing market is exceptionally...
Covid-19 has furthered the decline of the high street and led to major city centres becoming virtual ghost towns as office workers and tourists continue to stay away. But what to do with all the buildings – restaurants, shops, cafes, department stores, shopping precincts, takeaway venues, etc – that now require...
The purpose-built student accommodation (PBSA) sector is showing signs of recovery following market disruption caused by the Covid-19 pandemic, according to CBRE’s PBSA sector update. This bounce-back is buoyed by positive demand for undergraduate places and an ‘acute’ undersupply of student accommodation exacerbated by construction delays. Investment into PBSA – which was...
A Nottingham-based luxury home developer has started construction works on a new ‘sought-after’ luxury residential scheme in the Beeston area. Located in the Bramcote Village Conservation Area near Beeston, a town on the outskirts of Nottingham, the development – known as Cow Lane – will comprise of one four-bedroom and three...
A leading UK property developer has claimed that the government’s plan to professionalise the buy-to-let sector, through tax changes, regulation and the encouragement of institutional investment, is working. Fewer than one in ten (9.7%) UK private landlords are now actively choosing to invest in property as an individual. The research by SevenCapital...
From successful sales for Network Auctions and Sutton Kersh Auctions, to brand-new auction startup Aucspace aiming to streamline the bidding process, Property Investor Today delves into this week’s top auction news. Network Auctions registers another successful sale Network Auctions’ latest online property sale achieved a 90% sales success rate and raised £1.78...
