Property News 27,000 historic planning applications could now be approved due to grey belt reclassification 13 hours agoUK & International Property News Service

Dec 20, 2024 · As we wind down on 2024, PropertyWire editor Ryan Bembridge looks ahead at what to expect in 2025 A busy Q1 and quieter Q2 The start of the year should be a busy one, as the expiry of the higher stamp duty thresholds at the end of March will motivate buyers to get deals done. Indeed, aspiring buyers are apparently prepared to look at properties ove...

Dec 9, 2024 · In 2025, we believe it is imperative that the government supports first time buyers and others to get onto the property ladder. Shared Ownership is a great product and there is great demand for it – but more needs to be done at a government level to fully realise this potential. From my point of view, Shared Ownership already suffers from poor communications – compared, for example to the ...

Jan 27, 2025 · The Renters’ Rights Bill legislation that prohibits ‘bidding wars’ could have an adverse effect on the market, Goodlord chief executive William Reeve has warned. Reeve said an unintended consequence would be for landlords to ‘overprice’ their properties due to the expectation that they will be negotiated down. He added there was a similar scheme in New Zealand that was ultimately ...

Oct 17, 2024 · Jonathan Pearson is director at Residentially Since its inception in the 1980s, the UK’s Right to Buy scheme has enabled more than two million council tenants to purchase their homes, transforming home ownership in this country. One of the original goals of Right to Buy was to promote homeownership, particularly among low-income families. However, the UK’s housing needs and challenges have ...

Jan 3, 2025 · Boxing Day 2024 saw record levels of activity, with high numbers of enquiries and properties being put up for sale, Rightmove data shows. The number of enquiries sent to estate agents about homes for sale was 20% higher than the year before. Meanwhile the number of new properties coming to the market for sale were 26% higher than Boxing Day 2023. The majority (46%) of homes put up for sale ...

Jan 9, 2025 · Deputy Prime Minister Angela Rayner has admitted that even if the country succeeded in constructing 1.5 million homes in this parliament, it would only ‘make a dent’ in the housing crisis. Speaking to the Housing, Communities and Local Government Committee, she said it would be “foolish” to give a number on how many social homes would be built next year, clarifying that it depends on ...

Dec 10, 2024 · Since its introduction in 2004, commonhold has been met with resistance, with only a small number of developments adopting the framework, compared to millions of leasehold properties. Anushka Nicholas, head of the leasehold enfranchisement team at Blacks Solicitors, shares insight on what commonhold ownership is, how the legislation differentiates from leaseholds and the challenges and ...

Jan 7, 2025 · Demand for Prime London properties increased in the fourth quarter of 2024, as 19.7% of properties in the £2m to £10m bracket found a buyer. This marks an increase of 2.7% from the third quarter, the Prime London Demand Index by London lettings and estate agent Benham and Reeves shows. There was a similar trend in the £10m plus market, 4.1% of available properties listed for sale found a ...

4 days ago · Sales activity has reached a three-year high so far in 2024, as people look to buy before stamp duty thresholds revert to lower levels. Zoopla’s house price index shows that demand for homes is 13% higher than the same time last year. First-time buyer demand jumped by over a third in November