UK Property

I’m selling a rental property and trying to work out my allowable expenses in an effort to reduce the capital gains tax. Can you help?A Which? Money memberGet expert help with your money problems'Know the difference between maintenance and income'Mike Croxford, Which? Money expert, says...HMRC distinguishes between maintenance, which can be set against the income from rent to reduce income tax, and improvement, which, as a ‘capital expense’, can be set against capital gains.Improvement typically involves adding something to a property that it has never had before, such as an en-suite...

This city is one of the best for its sense of community - it’s home to a thriving city and a beautiful coastline nearby. Newcastle is not only one of the UK’s most exciting cities but it’s also one of the most affordable. A listing on Zoopla shows a house for as little as £7,500 that is on sale at the moment with many other affordable properties across the city.According to RightMove, house prices in Newcastle Upon Tyne have an overall average of £232,009 over the last year. Newcastle is...

3 May 2025, 23:01 | Updated: 3 May 2025, 23:03 Washington, United States. 30th Apr, 2025. Peter Navarro, Senior counselor for trade and manufacturing to U.S. President Donald Trump speaks to reporters at the White House. Picture: Alamy The UK is a “compliant servant of communist China” at risk of having its “blood sucked” dry by Beijing, Donald Trump’s tariffs chief has claimed. Peter Navarro, the US president's economic adviser, said the Labour government must refuse "string-laden gifts" from the Chinese regime and avoid becoming a “dumping ground” for goods...

Stay informed with free updatesSimply sign up to the Media myFT Digest -- delivered directly to your inbox.The UK has cemented its position as the biggest exporter of unscripted television formats, such as MasterChef and The Voice, underlining the importance of homegrown intellectual property as overseas rivals circle ITV’s production business.The UK increased its number of overseas adaptations of homegrown formats by 18 per cent last year after several years of decline, according to data provider K7 Media, making it the only top five exporter to record growth.Exported British formats...

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.British banks do not like talking about commercial property. Offices, retail and industrial buildings left them with big losses during the financial crisis. Actions speak louder than words, however, and lenders have been quietly flocking to the sector in recent months. That should be good news for investors in property companies, and executives who have been protesting that things are not as bad as they are painted.Outstanding loans from UK banks and...

The average price of a UK property coming to market climbed to a record £377,182 in April, in the first monthly rise in almost a year. The average asking price for properties hitting the market this month increased by 1.4%, or £5,312, according to Rightmove (RMV.L). According to the property site, this marks the first new price peak since May 2024 and exceeds the typical April increase of 1.2%, even as the number of homes available for sale has reached a 10-year high for this time of year. “The increased...

Exactly how much should you have left in your savings account after buying? (Picture: Getty Images) After years of scrimping and saving (and maybe a little bit of help from your family), you’ve finally got enough together for a house deposit. But what really happens after you’ve bought? And crucially, how much money should you actually have left in the bank? Taking to the r/HousingUK Subreddit, @FG4u2nv asked this very question. Together with their partner, they’re currently making offers – and while they’re excited at the prospect of getting on...

When choosing where you're going to live, potentially for decades at a time, for many, the local weather plays an important role in the decision-making process. The number of sunny days, in particular, is vital, allowing you to enjoy long walks not interrupted by downpours, or even just a coffee outside.Now, the UK's top 20 sunniest hotspots have been revealed. As an added bonus, more sunshine also means more opportunity to make your own electricity, through the installation of solar panels. Eco-tech provider, Hive, has unveiled the parts of the...

From Birmingham roots to national reach, Centrick marks a major milestone with fresh investment in people, technology and the future of property services. Centrick, one of the UK’s largest independent operators in the residential living sector, is proud to mark its 20th anniversary in 2025. Established in Birmingham in 2005, the business has grown into a major force in the property industry, delivering a wide range of services including building and estate management, residential asset management across all asset classes including build to rent, building consultancy and surveying, professional services,...

New research has revealed that the South East of England is the most difficult region in the UK to sell a property, while Scotland is the easiest. In the South East, properties are achieving an average of 95.6% of their original asking price, below the national average of 97%, according to leading property data firm TwentyCi. Only half complete sale And only 50% of listed homes in the South East go on to complete, compared with 55% nationally. While 41% of listings in the region undergo at least one price...