In a bold move that has sent ripples through the political landscape, Nick Candy, a prominent entrepreneur known for his significant contributions to the UK property market, has joined Reform UK as its treasurer. This defection from the Conservative Party highlights a growing trend among notable political figures gravitating towards the emerging minor party, which is increasingly capturing public support....
The UK rental market, once buoyant in the aftermath of the COVID-19 pandemic, is now showing signs of decline as demand for rental properties has dipped for the first time since March2020. Recent reports from estate agents highlight a slowdown in rental price increases, reflecting a potential shift in tenant behavior and preferences. This trend is poised to impact not just tenants seeking more affordable...
The UK rental market is undergoing a significant transformation as recent reports indicate that tenant demand has declined for the first time since the onset of the COVID-19 pandemic. This shift in demand is set against a backdrop of fluctuating economic conditions, including rising interest rates and the increasing cost of living, which have begun to impact renters' abilities and willingness to secure new...
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 a significant development for the Reform UK party, billionaire property developer Nick Candy has been appointed as treasurer, signaling a strategic shift towards enhancing the party's fundraising capabilities as the next general election approaches. Known for his successful ventures in the London property market alongside his brother Christian, Candy's new role could reshuffle the political landscape,...
The housing market in England has faced significant challenges in recent years, particularly during 2022-23, as highlighted by the latest data from the Office for National Statistics (ONS). The statistics reveal a stark reality: house prices have soared to levels that increasingly marginalize lower and middle-income families, primarily benefiting only the wealthiest 10% of the population. This growing...
The UK housing market has been navigating a complex landscape throughout 2024, shaped by significant economic shifts and evolving buyer sentiments. After reaching a peak in August 2022, house prices entered a period of sharp decline, largely attributed to the economic turbulence precipitated by former Prime Minister Liz Truss's Mini Budget. This led to a dramatic increase in mortgage interest rates, which...
In light of recent discussions among property experts at the Martin's Properties roundtable, the UK property development sector is poised to face a transformative phase by2025. The dialogue centered around the ramifications of a newly elected government and its corresponding policy shifts, aiming to boost housing targets and streamline planning processes. As the sector braces for potential opportunities...
As the UK approaches 2025, the property development sector finds itself at a pivotal juncture, shaped by ongoing policy changes and an increasing push towards sustainable practices. During a recent roundtable organized by Martin's Properties and CoStar News, a panel of industry experts converged to discuss the implications of these factors for the future of UK real estate. The panel explored how new...
In November 2024, the investment landscape for UK property funds has presented a challenging scenario, as highlighted by the latest report from Calastone. The report shows a marked divergence in investor sentiment, with UK property funds facing significant outflows while other asset classes, bolstered by recent budget announcements, are experiencing positive inflows. This article delves into the current...
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