News

In a significant ruling that underscores the ongoing challenges of tenant safety in London, dodgy landlord Alvaro Odeh-Torro and his company, London Living Group, have been fined approximately £50,000 for serious violations of housing regulations. The fine comes as a result of overcrowding issues in two managed properties, where multiple tenants were found living in unsatisfactory conditions that...

In November 2024, a troubling report by Skipton Group has unveiled the harsh reality facing first-time home buyers (FTBs) across the UK. The findings highlight that a mere12.5% of these hopeful purchasers can afford the average price of their first home, manifesting a severe housing affordability crisis. This crisis is especially pronounced for those in the lower income brackets, where less than 1% have...

In a bold move to address the housing crisis while maximizing the potential of existing properties, Aamer Shah has submitted a planning application to Trafford Council for the conversion of a traditional two-bedroom semi-detached house on Barton Road in Stretford into a ten-bed house of multiple occupation (HMO). This proposal represents a significant shift in the use of family homes within the area, which...

As we move into 2024, the UK real estate market is poised to experience a significant turnaround, driven by crucial economic indicators such as anticipated interest rate cuts and declining inflation rates. These factors are set to enhance the appeal of real estate investments, attracting both domestic and international investors. Insights from industry experts like Oliver, Director of Economics and...

The UK rental market is experiencing a noteworthy shift as recent reports indicate a decline in demand for rented properties for the first time since the initial pandemic lockdowns. This trend is prompting estate agents to adjust their predictions for future rent increases, suggesting that the rapid growth seen in recent years may be coming to a halt. As the country emerges from the pandemic, understanding...

In the wake of a persistent housing crisis, Edinburgh's local government has granted emergency approval for bed and breakfasts (B&Bs) to accommodate individuals experiencing homelessness. This decision aims to bolster support for vulnerable populations as the city grapples with an increasing demand for shelter services. However, despite the urgent need for housing, there remain significant concerns...

In a curious turn of events, Southampton has become the focus of local attention due to a series of unofficial double yellow lines that have been painted along Howard Road, near a multiple occupation house. As residents navigate the implications of these makeshift markings, many are left questioning their origins and validity. The Southampton City Council has acknowledged the concerns raised by the...

In a bid to enhance urban living in Wrexham, Planning Angel Ltd has submitted a proposal to convert the first floor of a building situated above Perfect Pizza on King Street into a house of multiple occupation (HMO). The initiative aims to repurpose currently unused rooms, which have primarily served as storage for the takeaway, into livable space. The detailed plan outlines the creation of four bedrooms,...

The UK’s 2024 Autumn Budget, unveiled by Chancellor Rachel Reeves on October 30, introduces significant changes for residential property investors. With a focus on fiscal measures that impact the real estate sector, the budget highlights adjustments to Stamp Duty Land Tax (SDLT) and Capital Gains Tax (CGT) framework. This article delves into the implications of these changes, explores the long-term...

The proposed transition of the Kent House Nursing Home in Broadstairs into a House of Multiple Occupation (HMO) has ignited considerable controversy among local residents and stakeholders. The application, submitted by Inderjeet Singh Toot of N & I Holdings Limited, seeks to convert the existing facility, which currently supports 25 residents, into a 21-bed HMO. While the proposal emphasizes minimal...