UK Property

UK PM Keir Starmer’s north London house hit by suspicious fireA fire broke out early Monday at a house in north London owned by UK Prime Minister Sir Keir Starmer.The fire caused damage to the entrance of the property but as per the Metropolitan Police, no one was injured in the incident. As per the reports, the police, including counter-terrorism officers are now investigating the incident.The house, located in Kentish Town, is not where Starmer currently lives but he still owns the property and has rented it out.A statement from...

Who should use the practice note? Solicitors and their teams who handle property transactions.  The note considers how to address climate change risks in these transactions, whether they involve residential, commercial, or mixed-use properties.  The note offers practical advice suitable for most solicitors, regardless of their firm's size or whether they specialise in residential or commercial work.   Consultation findings In September 2024, we launched a public consultation to explore how a new climate risk and conveyancing practice note could help you. The consultation produced detailed feedback that has been used...

News A climate change and property practice note has been launched by the Law Society of England and Wales today (12 May) to help support property solicitors. The new practice note will complement the Law Society’s practice notes on flood risk and contaminated land and builds on landmark climate change guidance for solicitors and firms released in 2023. It has been developed in response to a call from members for greater clarity on how climate risk affects their conveyancing practice, together with practical guidance on how to advise clients. The launch...

Secretary of State for Science, Innovation and Technology, Peter Kyle. (Photo by Dan Kitwood/Getty ... More Images)Getty Images Today, The Entrepreneurs Network has published an open letter to the Secretary of State for Science, Innovation and Technology, Peter Kyle, asking him to urge Members of Parliament and Peers to reject amendments to the Data (Use and Access) Bill that threaten to undermine the Government’s careful and consultative approach to legislating on copyright and AI development. The House of Lords will debate the Data (Use and Access) Bill today, including proposals...

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...