News

Starting in April 2025, significant changes are on the horizon for homeowners with second properties in England. Numerous local authorities have signaled their intent to double council tax on second homes, as part of a broader strategy to tackle housing shortages exacerbated by the rise in non-primary residences. This legislative shift follows the introduction of similar measures in Scotland and Wales,...

The buy-to-let property market in the UK has historically been viewed as a lucrative investment avenue; however, recent developments signal a substantial shift in this perception. Data from industry reports reveals that buy-to-let acquisitions and mortgage lending have seen significant declines in2024. This downturn is instigating potential investors to reconsider their financial strategies, as they...

In response to the ongoing homelessness crisis in Edinburgh, the Edinburgh City Council has recently granted emergency approval for bed and breakfasts (B&Bs) to provide shelter for individuals without homes. This decision comes at a time when traditional accommodations are struggling to meet the rising demand for emergency housing amid a backdrop of economic challenges. City officials assert that this...

The unfolding political crisis in Bangladesh has cast a long shadow over UK property investments, particularly highlighting the actions of the elite associated with former Prime Minister Sheikh Hasina. As the interim government of Bangladesh intensifies efforts to recover allegedly embezzled assets, it appears that powerful individuals tied to Hasina’s Awami League party have been busily capitalizing on...

London's ongoing housing crisis has reached alarming proportions, with local councils forced to make drastic decisions in an attempt to provide shelter for vulnerable populations. Recent reports indicate that families experiencing homelessness in London are being relocated over 200 miles away to Manchester, as a direct result of the severe housing shortages exacerbating the crisis (Marr, 2024). This...

The UK real estate market is poised for a robust rebound in 2024, as numerous industry experts predict a resurgence in investment activities. This optimism comes on the heels of several economic indicators suggesting a favorable climate for real estate transactions. Specifically, experts cite the anticipated easing of interest rates, a decline in inflation, and enhanced avenues for debt financing as...

Starting in April 2025, England will see a substantial change in council tax policies regarding second homes, a move initiated by new legislation from early2024. This legislation empowers local councils to double council tax rates on properties classified as second homes, following a notice period of one year to the property owners. The intent behind this shift is to address the ongoing housing crisis in...

In a contentious decision, Somerset Council's planning committee has granted approval for a new 30-bed House in Multiple Occupation (HMO) to be constructed on Friarn Street in Bridgwater. This development has sparked considerable backlash from local councillors and residents, primarily over concerns related to flood risks and insufficient parking provisions. The area, which is known for its historical...

On November 5, 2024, Somerset Council gave the green light to a contentious proposal for a 30-bed House in Multiple Occupation (HMO) on Friarn Street in Bridgwater. The decision has elicited strong responses from local community leaders and residents who express concerns over environmental issues and the strain on existing infrastructure. Proponents of the development argue for the need for additional...

In a significant enforcement action, two landlords in Kent were recently fined a cumulative total of £25,000 for operating an overcrowded and unsafe house of multiple occupancy (HMO). This legal action highlights the importance of compliance with rigorous health and safety regulations aimed at safeguarding tenants' living conditions. HMOs are subject to specific rules to ensure that they meet essential...