UK Property

UK Property

Crisis in UK’s ‘most gentrified’ town as house prices nearly triple | UK | News

England and Wales’s “most gentrified” area has been revealed but it’s not all good news. Charlestown, near Salford in Greater Manchester, has come at the top of the rankings following new research.It improved the most in each of The Telegraph’s gentrification metrics — including education level, income, house prices and local amenities — over the last decade. House prices in Charlestown have almost tripled over the period from £73,000 to £212,000, with earnings increasing by almost 50% and the share of residents university-educated steadily rising.The arrival of the huge MediaCityUK...
UK Property

Man charged in fires targeting UK prime minister’s properties held in custody

LONDON -- A Ukrainian man charged with setting fire to the personal home of British Prime Minister Keir Starmer, along with another property and car linked to him, was held in custody Friday after facing three counts of arson in court. Roman Lavrynovych, 21, is accused of setting fire to Starmer’s house, a building where the prime minister once lived and a small SUV he had owned. He is charged with three counts of arson with intent to endanger life.Prosecutor Sarah Przybylska said Lavrynovych denied setting the fires and, at...
UK Property

Ukrainian citizen charged in arson attacks on UK Prime Minister’s property

Ukrainian citizen, Roman Lavrynovych, was charged on May 15 following a series of arson attacks on property linked to U.K. Prime Minister Keir Starmer.The suspect is accused of starting fires on two properties linked to Starmer and setting one of Starmer's former cars on fire in acts of arson.Twenty-one-year-old Lavrynovych has been charged with three counts of arson with intent to endanger life on May 15."Due to the property having previous connections with a high-profile public figure, officers from the Met’s Counter Terrorism Command have led the investigation into the...
UK Property

The UK seaside town with astoundingly cheap homes on offer for just over £100k | UK | News

The UK is packed full of seaside villages and towns, with homes in some of them being relatively easy to buy. One of these places is Peterlee in County Durham in the north east of England. It is technically a new town, built under the 1946 New Towns Act. According to the 2021 Census, it has a population of around 20,300 residents, and to join them property hunters would not have to fork out much. Rightmove says that house prices in the area have an overall average of £105,571 over...
UK Property

Jump in US house hunter inquiries for UK homes – where are buyers looking? 

Property website Rightmove has recorded a jump in inquiries from US-based house hunters about homes for sale in the UK. According to the website, the number of inquiries stemming from the US regarding homes for sale in the UK since the start of the year - which covers all of 2025 up until the first week of May - is nearly a fifth (19 per cent) higher than the same period in 2024.  Rightmove suggests that the increase is a result of the global economic uncertainty that looms following Donald...
UK Property

House surveys – the different types and costs

What is a house survey?A house survey is an expert inspection of a property's condition, which identifies problems to a prospective buyer.It's completed by a surveyor who visits the property, carries out an inspection and prepares a report on what they've found.Home buyers generally have a survey done on a property after their offer has been accepted by the seller (but the system works differently in Scotland).Before commissioning a survey, you should check that the surveyor is a member of one of the two main accrediting bodies:Rics - Royal Institution...
UK Property

Inheritance tax could be due on the average property in just 10 years

The average person could be paying inheritance tax (IHT) on their parents’ estate by 2035 as house prices continue to rise, according to new research from investment firm Wealthify.Parents of adult children across the UK who plan on leaving a monetary inheritance were surveyed to understand attitudes around gifting inheritance early.The research found the majority (84%) of parents say their property will make up the bulk of what they leave to their children. Subscribe to MoneyWeek Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE Get...
UK Property

Man in 20s found dead after property fire in James Street, Carlisle

Police responded alongside firefighters following a fire at a property in James Street, Carlisle yesterday, May 13. Cumbria Police officers were alerted to the incident at 2.21pm. A man, in his twenties, was found dead at the scene by firefighters, police said. Joint enquiries are underway involving police and the fire service. There are no suspicious circumstances at this time, police added. Fire and rescue services went to the scene at what they described as a 'commercial building' just before 2pm yesterday. "Crews from Carlisle East, Carlisle West, and Longtown fire...
UK Property

Labour’s Business Property Relief plans risk destroying family businesses like mine: Kiran Fothergill

Published 14th May 2025, 05:45 BSTNow another sucker punch is on the horizon. There’s still time, though, for the government to drop its gloves, retreat to the corner, and give businesses a fair fight.That potential knockout blow, particularly for family-owned SMEs, comes in the form of proposed changes to Business Property Relief (BPR).For more than 30 years, BPR has been a cornerstone of the UK’s inheritance tax system. It allows qualifying business assets to be passed down without incurring a punitive tax bill, enabling family-run firms to transition smoothly across...
UK Property

Boost for the High Street as vacant commercial property grant re-opens

Grants from £2,500 up to £10,000 are available to help businesses start trading from a city centre or local high street property. The Vacant Commercial Property Grant scheme has reopened, supporting new or expanding small organisations looking to open a new premises in the city centre or on one of Bristol’s 46 high streets. It is open to businesses, charities, community interest companies (CICs), sole traders and arts and culture groups for both long-term and temporary or meanwhile use. The grant can be used to pay for capital expenditure including...
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