Overseas Owners Increase Share as UK's Commercial Real Estate Slips to £949 Billion Value The latest report from the Investment Property Forum (IPF) shows a shift in the UK's commercial real estate market. Overseas owners grow as domestic firms shrink. The UK property market is now valued at £9.3 trillion by 2023. Commercial real estate sits at £949 billion. Economic factors over the last three years...
Homelessness Crisis in Edinburgh: Council Plans Relocation Amid Licensing Issues Edinburgh, UK – November 22, 2024 – The City of Edinburgh Council now plans to move some homeless people out of the city. The council faces problems with unlicensed temporary housing. Hotels and bed and breakfasts now serve as shelters even though they do not meet the rules for Houses of Multiple Occupation. Rising Demand...
Plans for New 8-Bed HMO Development on Manchester Road, Bury Overview of the Proposal A planning application now stands at the council. The property on Manchester Road will change to an eight-bedroom HMO. The plan meets the need for shared living spaces. A loft conversion joins the plan. A rear dormer tops the loft, and a front roof light sits close by. These changes aim to improve the space for...
Plans for West Midlands Pub Conversion to HMO Recommended by Council Background on the Forge Tavern The Forge Tavern is a former pub on Furnace Street in Wednesbury. It closed in 2016 and has stood empty since. Many groups tried to reuse the building. Each plan met rejection from Sandwell Council. One plan aimed to build an Islamic school. Another sought to start a community centre. Both were stopped due...
Changes in Council Tax for Second Homes: What Property Investors Need to Know In April 2025, second home owners in England face a large rise in council tax bills. New laws affect property taxes for these homes. The law aims to free up homes for residents who have found it hard to afford a place. Investors in property must note these changes, especially in busy holiday spots where the tax rise will affect...
Understanding the Yahoo Family of Brands: Privacy and Cookie Management In a fast-changing digital world, you need to know how companies care for data and privacy. Yahoo is one main group in this space. It works with other brands like AOL and Yahoo Advertising. They serve many users around the globe. Yahoo and Its Brands Yahoo stands as a key service on the web. It runs its main portal and many other...
Council Investigation Launched Over Takeaway Voucher Bribery Claims Related to HMO Planning Application Brighton and Hove City Council has started an inquiry into bribery claims. The claim ties a planning request by WSE Property Services Ltd to food vouchers given to tenants. These vouchers were said to come in return for kind words about a plan to turn a family home into a House in Multiple Occupation...
UK House Prices: Current Trends and Insights for HMO Investors House prices in the UK spark much talk. Investors see HMOs as a chance in a shifting market. Knowing how the market moves helps investors make clear choices. We show trends and factors that affect HMOs. Current State of the UK Housing Market Forbes Advisor UK reports a change in prices today. Inflation, interest rates, and new government plans...
Tariff Turbulence: Implications for the UK Housing Market The UK faces a complex economy. Tariff shifts stir trade and shift property. Savills, a top real estate advisor, gives insight. Investors in HMOs watch these signals. Understanding Tariff Turbulence Tariff turbulence means tariffs rise and fall. Tariffs move fast. These moves affect trade and the economy. Brexit and global supply changes have led to...
Understanding the Growing Trend of Houses in Multiple Occupation in Kent Kent now has about 2,000 Houses in Multiple Occupation (HMOs). The housing market changes fast. Shared homes now attract many residents, from students to workers. These homes share rooms and facilities. They are a needed choice for many who seek low-cost living in a tight property market. What Is an HMO? The Office for National...
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