Ministers urged to give tax breaks to landlords who sell to long-term tenants in push to get renters onto housing ladder October 8, 2018 Ministers have been urged to get private renters onto the housing ladder by offering big incentives to landlords who sell their property to long-term tenants. Campaigning think tank Onward laid out proposals to give buy-to-let properties 100 per cent capital gains tax relief if the home is sold to a tenant who has lived there [...]
Rental costs in London soar as young adults opt to live with their parents June 25, 2018 Over one million young adults are living at home with parents amid rising rental costs, according to a new housing report out today. Just under half of all men aged 22-26 now at their parents’ home, as renters in London are on average spending 40 per cent of their income on rent, having risen from [...]
Holiday Homes: Morocco is re-fashioning itself into a hotspot for the international polo crowd with houses to match September 7, 2018 In pride of place on the wall of the Jnan Amar Polo Club in Marrakech is a picture of Sir Richard Branson. Taken in 2014, it shows the grinning Virgin mogul at the first British Polo Day, held at these Moroccan grounds for the first time and contributing a tidy donation to the Eve Foundation, [...]
Airbnb faces legal action over EU consumer rights | City A.M. July 16, 2018 Consumer authorities and the European Commission today challenged short-term rentals marketplace Airbnb to comply with EU consumer law by August, or face legal action. According to the Commission, Airbnb’s terms and conditions and transparency in how it presents its prices do not comply with a number of European Union consumer laws. Instead, the company should [...]
Homes Future at the Design Museum is a mad, retrofuturist vision of how designers of the past thought the future might look November 14, 2018 That the British are obsessed with our homes is a truism. Few other nations obsess quite so much about daily fluctuations in house prices, or attach quite so much cultural and social cachet to the idea of home ownership. The tale of modern British history is in large part the tale of our relationship with [...]
London is starting to fix its housing crisis – but there’s still a way to go | City A.M. August 7, 2018 Hats off to the folk at City Hall who recently published their latest Housing in London report – over 100 pages packed with fascinating figures about the state of housing in the capital. While such a document may not set everyone’s pulse racing, this kind of in-depth, illuminating research is vital if we are to [...]
Is the rise in city living paying off for smart investors? August 22, 2018 City living is experiencing a renaissance and it’s the perfect time for savvy investors to take advantage. As more people choose to leave the capital for a better quality of life in regional city centres, Birmingham has quickly become the top destination for those leaving London. Investing in a regional city such as Birmingham represents [...]
Safe as houses: How to invest in property without buying a home May 31, 2018 Brits are falling out of love with the property market. A recent report from Rathbones found that more than half of investors now take a pessimistic view on the sector. It’s easy to see why, when the government is making life harder for private landlords – with a tax hike just one of several measures [...]
What housing policies are the UK government likely to announce soon? April 13, 2018 It is clear that the Government intends to intervene more and more in the housing market. This attitude stems partly from the Housing White Paper, issued in February last year, but also a reorganised Home England, with Nick Walkley, a self-described ‘disruptor’ at the helm, restructuring the former Homes and Communities Agency to be more [...]
This property investment trust’s shares are up 28 per cent as it prepares to upgrade to a premium London listing October 24, 2017 Aim-listed K&C Real Estate Investment Trust (REIT) saw its shares shoot up by 28 per cent this morning, as it announced it would raise a new £150m and prepare for a listing on the premium section of the London Stock Exchange. The REIT, which invests in UK residential property, will raise the money by issuing [...]