News

As we approach 2025, the commercial real estate sector is poised for significant transformations driven by evolving market dynamics and innovative strategies. Recent insights from Deloitte highlight how organizations can navigate the complexities of the current landscape while positioning themselves for future growth. Guided by the expertise of seasoned professionals such as Jeff and Kathy from Deloitte,...

In a significant development for the housing landscape in Stretford, Aamer Shah has submitted an ambitious planning application to Trafford Council, aiming to convert an existing two-bedroom semi-detached house on Barton Road into a 10-bedroom house of multiple occupation (HMO). This proposal seeks to respond to the growing demand for affordable housing options while addressing concerns from local...

As the UK grapples with a pronounced housing crisis, the concept of co-living is emerging as a transformative solution to the challenges of affordability and community in urban spaces. Recent insights suggest that the rise in living costs and escalating house prices are fuelling a renewed interest in alternative housing models, particularly in populous cities like London. The Greater London Authority (GLA)...

Councillors in Broadstairs are preparing to discuss a contentious proposal that aims to convert the Kent House nursing home into a House of Multiple Occupation (HMO). The application, submitted by Mr. Inderjeet Singh Toot of N & I Holdings Limited, seeks to transform the facility into a 21-bed HMO with minimal structural changes, despite existing concerns from the community regarding loss of care services,...

In an intriguing development for London's luxury real estate market, the Poonawalla family has made headlines with their recent acquisition of a £42 million property located in the prestigious Grosvenor Square. This investment marks a pivotal moment not only for the Poonawalla family—one of India's wealthiest and most influential families—but also for the broader implications of upcoming tax reforms...

In a significant boost for landlords across Yorkshire, Foundation Home Loans has rolled out a series of competitive Buy-to-Let Specials, effective from November 12,2024. These newly updated specials are differentiated into two distinct tiers: F1, tailored for borrowers with nearly clean credit histories, and F2, which caters to clients owning specialist properties or those facing specific credit...

In the evolving landscape of commercial real estate, industry leaders are looking ahead to 2025 with a mixture of optimism and pragmatism. Insights from Deloitte's Global Real Estate sector illuminate the key trends and strategies that organizations will need to consider for future success. Expert contributions from seasoned professionals like Jeff and Kathy provide a foundation for understanding the...

The Bank of England's recent decision to lower interest rates to4.75% marks a significant development in the UK's financial landscape, driven primarily by a notable reduction in inflation rates to 1.7%. This change is anticipated to alleviate some financial pressures for borrowers, especially those utilizing variable rate mortgages. Industry experts, while recognizing the immediate benefits of this...

In a significant move to address the ongoing homelessness crisis, the City of Edinburgh Council has announced a comprehensive plan aimed at relocating hundreds of families from unlicensed temporary accommodations by the end of November2024. This decision responds to long-standing concerns regarding the substandard living conditions that many affected families have endured. As of now, over 700 households...

In a decisive move aimed at improving the living conditions and community standards in Eastbourne, Eastbourne Borough Council has introduced new regulatory measures for houses in multiple occupation (HMOs). This initiative follows a thorough analysis commissioned by the council, which revealed that the proliferation of HMOs has adversely affected local communities, specifically highlighting issues such as...