Property news

Naked tenants, basement brothels and maggot rain

When a company specialises in 24/7 property management support, it's got to be ready to handle pretty much anything, as can be attested to by Adiuvo , whose managers have, on more than one occasion, received tenant requests that have caused them to pause and say, wait, what?

Adiuvo has now pulled back the curtain on some of the most outrageous, eyebrow-raising, and downright gobsmacking...

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Keep up-to-date with the latest property news in the UK.

Buy-to-lets in high demand areas cost up to 7.7% more on average - but are they worth it in the long run?

The latest market analysis by mortgage experts, Revolution Brokers , has revealed that landlords looking to reduce void periods by investing in a buy-to-let within an area of high rental demand will pay an average of 6.2% more for the pleasure.

Revolution Brokers analysed data on the average price for a buy-to-let investment across the market in England and how this differs between...

Property market grinding to a halt as transaction levels fall by almost a quarter

The latest research by property purchasing specialist, House Buyer Bureau , has revealed that the UK property market is grinding to a halt, with the average level of monthly transaction over the last six months falling by almost a quarter compared to the previous six months - although in some areas this decline is as high as 43%.

House Buyer Bureau analysed sales volume data from the...

"House prices will fall further" as report reveals 0.4% drop, National Association Of Property warns that worse is to come.

A new report reveals that UK house prices fell at the sharpest pace in almost two years last month as rising mortgage rates and a gloomy economic outlook took their toll.

According to figures released by Halifax, prices fell 0.4pc in October – the third decline in four months. The annual rate of growth fell to 8.3pc from 9.8pc.

The figures echo numbers from Nationwide, which...

There are now 3.1 students for every student bed available

Research by property developer Stripe Property Group , has revealed that there are now 3.1 students for every student bed available, as those heading or returning to university fight it out for limited accommodation as a result of an overwhelmed and under-stocked rental market and a lack of quality purpose-built student accommodation (PBSA).

The research by Stripe Property Group...

Government spending hits £1.192bn - Here’s what they’re spending it on

Research by RIFT Tax Refunds has revealed that while the UK Government spends the equivalent of almost 52% of GDP a year on delivering public goods, services and providing social protection, it ranks just 11th of all OECD nations where this level of investment is concerned.

From health to defence and environmental protection, governments around the world are tasked with finding the...

The six major challenges facing property developers

Market analysis by Unlatch , the new homes sales progression and aftercare platform for developers and housebuilders, reveals that a -16% drop in construction workers is just one of many challenges currently facing Britain’s housebuilding industry; a list that includes the rising cost of materials and the notorious EWS1 form.

A declining workforce

Over the past five years,...

Estate agency only sector to see increase in average AML fine issued

Research by Credas Technologies , the leading identity verification checks provider, reveals that the average Anti-Money Laundering (AML) fine handed to the estate agency sector has increased by 63.7%. However, while the average fine issued to estate agents has increased, the sector still ranks with some of the lowest fines issued when compared to other sectors.

Across five major...

Downsizing could cut your energy bill by £1,550 per year

Research by property maintenance solution provider, Help me Fix , reveals that while it may be a drastic measure to take, homeowners can combat the cost of living and cut their energy bill by £1,550 per year by downsizing from a detached home to a smaller property.

The cost of living crisis has hit households across the nation and one driving cost behind this is our energy bills,...

Westminster and Cornwall driving military house price premiums of up to 124%

Research by London lettings and estate agent, Benham and Reeves, has found that property values surrounding the nation’s biggest military barracks carry an average house price premium of 9.1% across the UK, with this premium increasing to 46.3% within the capital.

However, it’s homes close to sites of historical military significance that command the highest house price premium,...

Estate agents securing a buyer 14.7 days faster in 2022

The latest gauge of property market performance by estate agent comparison site, GetAgent.co.uk , has revealed that so far in 2022, the nation’s estate agent’s are securing a buyer in an average of 84.7 days, 14.7 days quicker than they were in 2021.

GetAgent tracks the average time to sell a home across the market in England and Wales based on the point at which a property is listed...

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