News

Westminster City Council has announced an initiative to gather public feedback regarding a proposed selective licensing scheme aimed at improving the safety and living conditions of private rented homes across the city. With Westminster being home to the largest private rented sector in England, the local government is responding to increasing concerns about poor housing conditions and the reliance on...

As we move towards 2025, commercial real estate (CRE) is poised to undergo significant transformations that are shaped by economic developments, technological advancements, and evolving societal needs. According to insights from Deloitte, INTERESTING TRENDS in the CRE sector have emerged following the unprecedented challenges posed in recent years. Notably, leaders like Jeff and Kathy from Deloitte are...

As the commercial real estate sector traverses through a phase characterized by both challenges and opportunities, insights from seasoned experts provide valuable guidance for organizational leaders looking to enhance their strategies in2025. With notable contributors like Jeff, a veteran U.S. Real Estate partner, and Kathy, the Global Real Estate sector leader at Deloitte, their combined experiences cater...

Edinburgh's City Council has launched an urgent initiative to relocate a significant number of homeless individuals currently housed in unlicensed hotels and bed and breakfasts, with a targeted deadline of November2024. This initiative follows previous measures implemented during the Covid-19 pandemic, which saw a rapid expansion of temporary accommodation to meet soaring demand. The council is committed...

In a significant ruling, Alvaro Odeh-Torro, a landlord based in Camden, has been fined approximately £50,000 for severe housing violations, particularly regarding overcrowding and unsafe living conditions. The proceedings against Odeh-Torro and his company, London Living Group, shed light on critical issues within the rental sector, particularly in areas suffering from a shortage of quality housing. The...

The Driftwood boutique B&B in Rhosneigr, Anglesey, is grappling with significant challenges during the off-peak season, prompting the owners to explore a strategic conversion into a House in Multiple Occupation (HMO). With low visitor numbers impacting their financial viability since its refurbishment in 2022, the property has been submitted for planning approval to Anglesey County Council. This proposal...

Darlington Council is under increasing pressure to enforce stricter regulations for Houses in Multiple Occupation (HMOs) to enhance the safety and quality of living conditions for residents. Recent discussions have highlighted significant concerns related to crime, poor living standards, and the overall impact of HMOs on local communities. Stakeholders including local residents, advocacy groups, and...

In 2024, the UK housing market showcased a notable recovery characterized by a3.4% increase in house prices, resulting in an average price of approximately £292,000 as of October2024. This rise can be attributed to a decline in mortgage rates, which significantly boosted buyer confidence. However, as we look towards 2025, several challenges loom on the horizon, including the predicted tapering of interest...

In the ever-evolving world of real estate investment, understanding key performance metrics is vital for making informed decisions. As 2024 progresses, investors must navigate a landscape shaped by economic shifts, technological advancements, and evolving consumer behavior. This article highlights eight essential metrics that every real estate investor should be acutely aware of to successfully evaluate...

In Belfast, ensuring your rental property complies with the Houses of Multiple Occupation (HMO) licensing guidelines is essential for tenants seeking shared accommodation. The Belfast City Council has reiterated the importance of this licensing, particularly as it directly impacts the safety and rights of tenants. An HMO, defined as a property shared by three or more individuals from different households...