According to the latest UK Property Transactions Statistics by HMRC, residential property transactions rose to 63,250 between May and June this year – a rise of 31.7%. However, largely due to the pandemic, this figure is still 35.9% lower than the same period a year earlier. On a non-seasonally adjusted basis, the number of…
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Boris Johnson has announced the “most radical” reforms of the planning system since the end of the Second World War, as he pledged to “build a more beautiful Britain”. The Prime Minister pledged to “build better and build greener”, adding: “but we will also build faster”. It will become easier to get permission to turn…
Cambridge University has announced plans to go online for the academic year 2020-2021. They have decided to suspend in-person lectures for the 2020/2021 academic year. The university has also confirmed that its smaller group teaching will continue to be in person. The plans risking significant impact on HMO landlord and investor. HMO’ stands for ‘house…
Average UK Rental Yield observes a marginal decline compared to pre-pandemic levels. It currently sits at 3.5%, a marginal decline from the 3.6% registered prior to the COVID-19 pandemic. According to research by lettings management platform Howsy: Although the current market is facing obstacles, there are still buy-to-let (BTL) pockets providing strong returns for landlords….