International News

Rents soar 20% in parts of London this year alone

Rents soar 20% in parts of London this year alone

Rents in London have risen a median six per cent this year, a number one company claims – and a few areas are up 4 instances that quantity. Chestertons says rents are recovering from the steep falls they skilled final year when – following the primary lockdown in March 2020 – they plummeted by as much as 20 per cent in some parts of London. At that point smaller residences in Central London most affected however because the success of the vaccination programme continue...

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Value of UK house sales forecast to leap 46% this year as boom continues

Value of UK house sales forecast to leap 46% this year as boom continues

Property market on course for its busiest year since 2007, as new data defies expectations in ‘race for space’ The total value of homes sold in the UK is expected to reach £461bn this year, a jump of 46% on 2020, indicating the current housing market boom is likely to continue, according to a new prediction. The property website Zoopla said its projections indicated the property market in 2021 was on course to be the busiest for 14 years. Its figures come on the bac...

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Spike recorded in number of international landlords purchasing BTL properties via limited companies

Spike recorded in number of international landlords purchasing BTL properties via limited companies

There has been a 62% year-on-year rise in the number of international landlords choosing to register as a limited company to manage their portfolios, according to the latest research from property investment specialists, Thirlmere Deacon. Further analysis shows that during 2020, there were a record number of new limited companies set up, with 228,743 buy-to-let firms up and running. Last year, there were a total of 41,700 buy-to-let incorporations, an increase of 23% on 2019. The number...

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Inner city property roars back as UK reopens

Inner city property roars back as UK reopens

City centre locations and flats are staging a comeback in the housing market, with the easing of restrictions helping drive demand. There are signs of buyer demand in city centres and for smaller properties bouncing back, according to an analysis of over 1.6 million properties from the UK’s biggest property website Rightmove. Buyer demand is measured by the number of people contacting estate agents to request more details about a property for sale on Rightmove. Data gathered sh...

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10 of London’s best commutes for cyclists or walkers with routes through parks and along rivers and canals

10 of London’s best commutes for cyclists or walkers with routes through parks and along rivers and canals

As employers prepare for a gradual and maybe part-return to the office, employees will start planning their commute into work. With a fear of contagion likely to linger, for many this will mean walking or cycling and avoiding public transport where possible. To mark Earth Day tomorrow exclusive research by Savills and Homes & Property reveals a collection of some of the most direct greenest (and bluest) routes from London villages into the major employment hubs. “Only when their no...

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Middle Eastern buyers trickling back to UK property market: Knight Frank

Middle Eastern buyers trickling back to UK property market: Knight Frank

Real estate consultant's data highlights that buyers from the GCC are currently ranked third most prominent in the UK. Investors from the Middle East are beginning to return to the UK’s property market. According to real estate consultancy Knight Frank, 16 percent of all sales to overseas buyers in the first three months of 2021 were to Middle Eastern buyers, up from less than 10 percent in the second and third quarters of last year. “This is the highest proportion o...

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Number of Mortgage Deals Increases Between April and May – Moneyfacts

Number of Mortgage Deals Increases Between April and May – Moneyfacts

The number of mortgage deals available to consumers increased by 85 between April and May, according to new data from Moneyfacts. According to the organisation, which has just released its Moneyfacts UK Mortgage Trends Treasury Report, the number of deals available rose from 3,842 in April to 3,927. The vast majority of those deals were for those with a five per cent deposit, up from 34 deals in April to 112 in May, following the government’s announcement that it would help people with...

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Do you live in one of Britain's Japanese knotweed hotspots? Interactive map shows where invasive plant that can grow through bricks and foundations is flourishing

Do you live in one of Britain's Japanese knotweed hotspots? Interactive map shows where invasive plant that can grow through bricks and foundations is flourishing

EXCLUSIVE: A stunning interactive map reveals Britain's Japanese knotweed hotspots The plant is very strong and can break through brick, concrete and walls and decreases house prices by 10% Data from removal experts reveals around one in 20 houses in Britain is affected by the plant Bolton is the worst affected place in the country, followed by Bristol, St Helens, Cardiff and Blackburn Japanese knotweed is a devastating invasive plant which can break through concrete...

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