Propertywire

02/08/2024

Legal expert advises on how to navigate family conversations about wills ✍

Wills are a sensitive topic, especially when discussing with parents, children and other family members. Craig Ridge, contentious probate lawyer at Higgs LLP, offers expert advice on how to discuss wills among families.

Google searches for “how to talk to your parents about estate planning” have skyrocketed by 100% in the past month, and “how do I discuss my will” is up by 8%.

➡ https://www.propertywire.com/adviser-news/legal-expert-advises-on-how-to-navigate-family-conversations-about-wills/ 🔗

Wills are a sensitive topic, especially when discussing with parents, children and other family members. Craig Ridge, contentious probate lawyer at Higgs LLP, offers expert advice on how to discuss wills among families. Google searches for "how to talk to your parents about estate planning" have

02/08/2024

Jersey landlords must get a license or stop renting out properties 🏡

Landlords in Jersey cannot rent out their property until they apply for a mandatory license, under new rules that came into force this week.

➡ https://www.propertywire.com/news/jersey-landlords-must-get-a-license-or-stop-renting-out-properties/ 🔗

Landlords in Jersey cannot rent out their property until they apply for a mandatory license, under new rules that came into force this week. Some 15,000 license applications are currently being issued or in the process of being issued. In order to keep renting out their properties landlords mu

02/08/2024

London and South East accounting for half of capital gains 🏘

Some 50% of capital gains are being charged to people in London and the South East, likely due to the high cost of property in those areas.

➡ https://www.propertywire.com/finance/london-and-south-east-accounting-for-half-of-capital-gains/ 🔗

Some 50% of capital gains are being charged to people in London and the South East, likely due to the high cost of property in those areas. Liabilities on residential property increased by 7% year-on-year. The total Capital Gains Tax (CGT) liability was £14.4 billion for 369,000 taxpayers, rea

02/08/2024

Bank of England makes first rate cut in four years ✂

The Bank of England has cut the base rate to 5%, a reduction of 0.25%.

➡ https://www.propertywire.com/government-and-policy/bank-of-england-makes-first-rate-cut-in-four-years/ 🔗

The Bank of England has cut the base rate to 5%, a reduction of 0.25%. The result only narrowly happened, as the Monetary Policy Committee voted by five to four to make the decision. The move is good news for mortgage holders looking for rates to come down, as this marks a change of direction

01/08/2024

Generation Rent UK scorns increasing the proportion of the PRS to solve the housing crisis 🏘

Encouraging more landlords into the sector isn’t the way to deal with rental affordability, according to tenant campaign group Generation Rent.

➡ https://www.propertywire.com/news/generation-rent-scorns-increasing-the-proportion-of-the-prs-to-solve-the-housing-crisis/ 🔗

Encouraging more landlords into the sector isn’t the way to deal with rental affordability, according to tenant campaign group Generation Rent. Instead, the group said the answer is simply building more homes in relation to the population. The conclusion was made after analysing ONS data which

01/08/2024

Navigating the complex world of green building certifications 🔎

In the ever-evolving landscape of global construction, sustainability has become a cornerstone of industry practices. As the world grapples with environmental challenges, green building certifications have emerged as vital tools for measuring and promoting eco-friendly construction. These sustainable certifications not only validate a building’s environmental credentials but also offer tangible benefits to developers, owners, and occupants alike.

➡ https://www.propertywire.com/analysis/navigating-the-complex-world-of-green-building-certifications/ 🔗

By Tasos Stavrou, vice president of global business development at LeadingRE In the ever-evolving landscape of global construction, sustainability has become a cornerstone of industry practices. As the world grapples with environmental challenges, green building certifications have emerged as vit

01/08/2024

Buy-to-let rate reductions this week ✂

A number of lenders have made tweaks to their buy-to-let ranges this week.

➡ https://www.propertywire.com/buy-to-let/buy-to-let-rate-reductions-this-week/ 🔗

A number of lenders have made tweaks to their buy-to-let ranges this week. Landbay Landbay has cut two-year fixed rates by up to 0.40% to 75% loan-to-value (LTV). Meanwhile, 55% LTV standard two-year fixed options have been cut by up to 0.30%. The new non-portfolio range of five-year fixed rate

31/07/2024

Cost of renting dramatically spikes in July 📈

Rents rose by 20% in July across England, bringing the average price to £1,470, Goodlord’s Rental Index has revealed.

➡ https://www.propertywire.com/news/cost-of-renting-dramatically-spikes-in-july/ 🔗

Rents rose by 20% in July across England, bringing the average price to £1,470, Goodlord’s Rental Index has revealed. They soared by over 40% in the North West and South West, as well as 20% in the East Midlands and North East. The smallest changes were seen in Greater London (5%) and the West

31/07/2024

Retirement properties with a tenant in situ can be a smart investment 🏡

The demand for retirement housing is on the rise, creating new opportunities for property investors seeking stability and profitability.

➡ https://www.propertywire.com/analysis/retirement-properties-with-a-tenant-in-situ-can-be-a-smart-investment/ 🔗

James Adams, head of transactions, My Future Living The demand for retirement housing is on the rise, creating new opportunities for property investors seeking stability and profitability. According to the Office for National Statistics (ONS), the number of older people in the UK is projected

31/07/2024

Labour ups housebuilding target to 370,000 🏘

The Labour Party has increased the annual housebuilding target from its manifesto pledge of 300,000 to 370,000.

➡ https://www.propertywire.com/news/labour-ups-housebuilding-target-to-370000/ 🔗

The Labour Party has increased the annual housebuilding target from its manifesto pledge of 300,000 to 370,000. This would bring the number of homes delivered to 1.85 million in five years. Angela Rayner, the deputy prime minister, said the UK is on track to build under 200,000 homes in 2024,

30/07/2024

UK house prices on track for 2% increase in 2024 📈

Zoopla expects UK house prices to rise by 2% over the course of 2024, as the market makes a moderate recovery from a slump in 2023.

➡ https://www.propertywire.com/news/uk-house-prices-on-track-for-2-increase-in-2024/ 🔗

Zoopla expects UK house prices to rise by 2% over the course of 2024, as the market makes a moderate recovery from a slump in 2023. The number of sales agreed are 16% higher than a year ago, with sales up across all regions and countries of the UK. It’s not expected that the new government wil

30/07/2024

Solar panel uptake to rise in coming months ☀

More homeowners will install solar panels in the rest of the year thanks to rising economic optimism and a more stable political environment.

➡ https://www.propertywire.com/news/solar-p[anel-uptake-to-rise-in-coming-months/ 🔗