Latest UK property news

The Bank of England (BoE) cut interest rates by 0.25% last month, marking the first rate cut in four years. Widely welcomed by the London housing market, this move has led to a rebound in property prices as Halifax reported a 1.5% year-on-year (YoY) increase in house prices across the UK capital in August. Although …

Continue reading “Are we on the cusp of a London housing market recovery?”

What’s the point of referencing tenants in London? Because lettings fraud in London is at an all-time high. Do I need to reference tenants? Let’s look at some real life Benham and Reeves referencing statistics to see what we encounter every month 8 forged passports or fake ID 40 digitally altered bank statements, utility bills, …

Continue reading “Lettings Fraud in London is at an all time high – how do I protect myself”

Trusts are not only for the super wealthy or Ultra High Net Worth families, but work for people with property assets. Trusts help with managing inheritance tax, allowing people to pass assets on to the next generation or even grandchildren, yet in many cases retaining some control over the assets. Trusts can hold both moveable …

Continue reading “What happens to property left in a trust”

While is the Summer months traditionally mark the busiest period for the London rental property market, September marks the peak of activity as there is an influx of students starting university and professionals relocating for work. For landlords with vacant properties, this month presents a golden opportunity to secure tenants at the asking rent or …

Continue reading “Why is September the hottest month for the London rental market?”

London stands as a beacon of culture and education globally, attracting millions of professionals and students to diverse neighbourhoods, company headquarters and some of the best educational institutions in the world. This cultural and educational richness makes it an appealing centre for students and professionals and an ideal location for vast property investment. As of …

Continue reading “Buying a London investment property? Here are our top tips”

There’s good news for the housing market this month, following the recent Bank of England 0.25% interest rate cut to 5% – the first reduction in four years. This has immediately boosted demand, creating real momentum in the market, and as a result, we should see increasing buyer activity in the autumn.

Forget the summer rush, because September in London is when the city truly shines. As the crowd gathers and the weather remains pleasant, now is the ideal time to visit and experience the best of cultural events that the city brings in for you. The month is going to be filled with the electrifying buzz …

Continue reading “What’s on in London—September 2024”

A survey of a thousand homebuyers in the UK conducted by a leading London-based finance company last year revealed that 57% of the respondents considered moving home as the most stressful life event. Ranking above other nerve-racking events, such as having a child (32%) and divorce (30%), a change in address causes financial strain, as …

Continue reading “Why moving home is stressful and how you can beat the blues”

If you are a vendor trying to sell your property or a landlord looking for a well-paying tenant, the EPC rating of your property can play a vital role in price and rent negotiations, respectively. Properties with a lower EPC rating can face multiple challenges, as no buyer or tenant is keen on paying high …

Continue reading “My house has a poor EPC rating, can I sell or let it?”

Being a landlord in London is one of the best ways to generate passive income, as the stats speak for themselves. At the end of last year, average rents in the capital hovered around £2,627 per month, meaning a typical landlord made over £31,500 in a calendar year. However, being a landlord is not always …

Continue reading “Dealing with nightmare tenants – A guide on how to handle common tenancy issues as a London landlord”

New York City boasts five iconic Boroughs, Paris is segmented into twenty Boroughs and London is has 32! Yes, that’s right. London’s borough system can be slightly complex for those who haven’t grown up here. Each borough functions like a municipality with its local government, council and mayor. There are three royal Boroughs in this …

Continue reading “Exploring London, one Borough at a time”

The average time it takes to buy or sell a house in the UK, from acceptance of a buyer’s offer to legal completion of the deal, has increased by 26% in the last five years. According to recent figures published by Rightmove, it now takes an averge of 149 days to sell a property up …

Continue reading “It now takes longer than ever to complete on a London home purchase”