UK Property

UK Property

Mortgage Advice Bureau reports 67% of borrowers who’ve purchased a property in the last twelve months were FTBs

"Demand remains high, and with an increasing number of lenders enhancing their affordability criteria and offering innovative borrowing solutions, there’s never been a better time for aspiring buyers to get on the property ladder."- Rachel Geddes, strategic lender relationship director at MAB Data from Mortgage Advice Bureau’s (MAB) MyMAB and Homebuying apps has revealed 67% of borrowers who’ve purchased a property in the last twelve months were first-time buyers (FTBs). The remaining percentage of borrowers was split across homemovers (19%), and those remortgaging their current property (14%).  ...
UK Property

Beautiful UK city set for crackdown on holiday lets after ‘crazy’ rise in tourists | UK | News

Thousands of homes in Brighton and Hove are being used as holiday lets while locals struggle to get on the property ladder, according to a new council report. Figures published by the regional authority have laid bare the extent of the popular seaside city's overtourism crisis - with up to 6,000 properties being used as short-term lets for holidaymakers in the area. The local authority is considering introducing a restrictive licensing scheme for holiday lets to ensure they don't dodge health and safety standards and are appropriately penalised for breaches...
UK Property

The Role of Biodiversity Net Gain in Sustainable Property Development in the UK

As the UK intensifies its efforts toward sustainable growth, Biodiversity Net Gain (BNG) has become a central element of environmentally responsible property development. With new legislation making BNG a legal requirement in England from February 2024, developers are now obligated to ensure that new projects leave the natural environment in a measurably better state than it was before construction began. BNG isn’t just a guideline—it’s now part of planning law. Under this framework, developers must achieve a minimum 10% net gain in biodiversity on or near the development site. To...
UK Property

Blackburn named among top 10 cheapest UK cities to buy a home in 2025, new study shows

With property prices continuing to skyrocket in many parts of the UK, the dream of homeownership can feel increasingly out of reach for most buyers. From eye-watering deposits to endless bidding wars, it's no wonder so many would-be homeowners are feeling priced out. But have you ever wondered which UK cities are still offering a fighting chance to get on the property ladder in 2025?A new study by Conveyancing-Solicitor.co.uk offers just that. Analysing 70 of the UK’s most populated cities using the latest data from the Office for National Statistics,...
UK Property

UK seaside town named most expensive with £1m homes and best-rated beaches

The UK's most expensive seaside town has been named and the top spot has been swiped by a place three hours from London where you may bump into a celebrityA Lloyds Bank survey has revealed the most expensive seaside towns in the UK(Image: Getty Images)If you'd like to see how the other half live, then take a trip to sunny Sandbanks where millionaires live in luxury and high-end restaurants serve up premium feasts.According to LBC, a survey conducted by Lloyds Bank has named Sandbanks, a peninsular area in Dorset, as...
UK Property

New Regulations for Landlords: What UK Accountants Should Know

Photo by Andrea Piacquadio from PexelsBetween tax hikes, new tenant protections, and a host of compliance requirements, many landlords are left scratching their heads over how to maintain the best rental profits.  In many cases, the accountant is the first port of call for any property investor looking for advice. By getting to grips with the full range of challenges your landlord clients face, you'll set yourself apart from accountants who focus solely on the financials.  Read on to explore the current state of property tax and regulations and how...
UK Property

Conference preview: What next for UK life sciences?

The UK life sciences property sector has been on a rollercoaster ride in the years since the Covid-19 outbreak.Data from Savills shows that in 2020, life sciences take-up in the ‘golden triangle’ of London, Cambridge and Oxford plummeted 20% to below 800,000 sq ft as lockdowns took effect.In the three years that followed, take-up surged in the golden triangle to a peak of 1.4m sq ft in 2023, driven by record amounts of venture capital being ploughed into drug discovery and advanced therapy companies following the development of vaccines for...
UK Property

UK’s richest street outside of London where homes cost a staggering £8million

The UK's most expensive street outside of London has been revealed as East Road in Weybridge, Surrey, where houses cost an eye-watering £8 million on average11:01, 27 May 2025Updated 11:02, 27 May 2025St George's Hill has long been home to the super rich and famous(Image: Getty)A recent study has unveiled the UK's most prestigious residential areas, showcasing staggering property prices nationwide. Although London continues to top the charts, with Kensington boasting an average house price of a whopping £21.4 million on one street, there are also areas of immense wealth...
UK Property

LandlordBuyer Reveals the Best UK Cities for Landlords in 2026 – and London Doesn’t Make the List

LandlordBuyer Reveals the Best UK Cities for Landlords in 2026 - and London Doesn't Make the List LandlordBuyer Reveals the Best UK Cities for Landlords in 2026 - and London Doesn't Make the List Get the latest news delivered to your inbox Sign up for The Manila Times newsletters By signing up with an email address, I acknowledge that I have read and agree to the Terms of Service and Privacy Policy. BUCKINGHAMSHIRE, United Kingdom, May 27, 2025 (GLOBE NEWSWIRE) -- The UK's buy-to-let (BTL) property market is undergoing significant...
UK Property

Reform UK treasurer Nick Candy’s start-up fund lost £100mn over a decade

Nick Candy, the treasurer of Nigel Farage’s Reform UK, has racked up more than £100mn of financial losses backing a number of failed ventures including an augmented reality start-up and a high fashion house.The property developer behind luxury Knightsbridge apartment block One Hyde Park — which has been a magnet for oligarchs, pop stars and other super-rich buyers — took the senior post in Farage’s party last year with the promise to transform its finances and woo significant donors. Candy has spearheaded Reform fundraising dinners that attracted former Conservative donors....
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