UK Property

The Bank of England cut interest rates in May to 4.25% from 4.5% in the second rate reduction of the year. The cut was widely expected as a cautious response to continued global trade tensions and the potential for an increase in inflation. The Bank’s next interest rate announcement is scheduled for 19 June. What’s happening with inflation? The most recent inflation figures from the Office for National Statistics (ONS) show that the rate at which prices are rising (as measured by the Consumer Prices Index or CPI) stood at...

Two U.S. private equity firms look set to icrease their exposure to UK real estate. U.S. private equity houses have moved closer to making two major UK real estate acquisitions as KKR and Blackstone line up accepted bids for Assura and Warehouse REIT, respectively. The moves highlight increasing activity among private equity players in the UK and Europe as they hoover up multiple listed companies. KKR has won a takeover battle for NHS landlord Assura after raising its bid to £1.7B. Assura confirmed that it had reached an agreement on...

A week after India announced its trade deal with the UK amid tariff threats from US President Donald Trump, the European Union and India have made significant progress in their trade talks between May 12 and May 17, closing as many as five chapters including the challenging area of intellectual property rights (IPR), a status report released Tuesday by the EU said.The conclusion of the UK deal is an “important factor” in Delhi’s trade negotiations with Brussels, a government official told The Indian Express, since UK’s exit from the EU...

Sara Haigh has a crumbly old property crammed full of nasty surprises such as bottles filled with urine into a beautiful holiday home close to the seafront in PlymouthSara Haigh bought the rundown home and decided to spruce it up(Image: Supplied)A pensioner poured £100,000 and three years of her life into turning Britain’s ‘most disgusting home’ into a coastal paradise.Sara Haigh, 65, bought the garbage-filled hoarder’s house in Plymouth, Devon on a whim after being given just 15 minutes to view it before it went to auction in 2021. A...

Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldEvery homebuyer finds in time that property ownership is a chore as well as a pleasure. Investors in UK developers know it too. Despite hopes for action in this week’s spending review, in the form of more government support for local authorities to construct affordable housing, the industry still faces a slow build. An investment in the four FTSE 100 homebuilders — Barratt Redrow, Berkeley Group, Taylor Wimpey and Persimmon —...

Share this article Cryptocurrencies and crypto assets are more popular today than they have ever been, especially here in the UK. The numbers surrounding the adoption of digital currencies have been rising across different demographics, from first-time investors to full-time traders and even long-time sceptics. But as more people get involved, the UK’s tax authority is taking a closer look, especially when it comes to the growing need for crypto tax compliance.So, in this guide, we’ll break down what the UK crypto tax scene looks like, how it works, what...

A mixed use premise, with a central and ‘prominent’ location in Ulverston, is on the market. The property on King Street stretches over three storeys and is listed with a guide price of £125,000. (Image: Auction House Cumbria) (Image: Auction House Cumbria) The ground floor commercial premises is being sold with a lease in place and is currently trading as a café and shop. The maisonette is accessed from a side alley and comprises kitchen, lounge, two bedrooms and bathroom. (Image: Auction House Cumbria) (Image: Auction House Cumbria) The property...

More families are bracing for inheritance tax bills – often running into tens of thousands of pounds – with people in some parts of the country to be worse hit than others.A new report has highlighted the UK’s inheritance tax hotspots, where the number of estates liable for the tax, as well as how much is due, are set to increase.Inner London stands out with some of the highest figures for inheritance tax, due to its substantial wealth concentration and high property values. But other cities like Wolverhampton, Manchester, Bradford,...

Sara Haigh has a crumbly old property crammed full of nasty surprises such as bottles filled with urine into a beautiful holiday home close to the seafront in PlymouthSara Haigh bought the rundown home and decided to spruce it up(Image: Supplied)A pensioner poured £100,000 and three years of her life into turning Britain’s ‘most disgusting home’ into a coastal paradise.Sara Haigh, 65, bought the garbage-filled hoarder’s house in Plymouth, Devon on a whim after being given just 15 minutes to view it before it went to auction in 2021. A...

A British family has revealed how they left the UK to buy a spacious three-bedroom house in Bulgaria for just £25,000 and they didn’t even view it before purchasing. Their renovation journey, shared on TikTok under @RenovateBulgariaWithUs, has captured the attention of many, as they transform their new property near Svilengrad, close to the Turkish border.The family decided to buy the house last year on a 'spontaneous Wednesday afternoon', a decision that surprised many but is becoming increasingly common as some are looking for more affordable alternatives to the UK...