How can landlords best protect their income?

With everyone feeling the squeeze of an economy under pressure, it’s important for Landlords to protect themselves in the event that a tenant should be unable to meet their payments.  The losses can mount up - including lost rent for up to six months, eviction costs...


Rental growth remains steady as the Hampstead market stays strong

Just under a third of tenants saw rent rises in Hampstead this July, as demand for properties matched increases in stock supply. While many had expected a 4% increase in rental stock to mean a stagnation in rent prices, demand for properties has risen by an estimated 11...


Israeli property group targets London’s ‘Silicon Valley’

An Israeli-owned property company, Izaki Group Investments, are planning to build a block of 119 luxury loft-style apartments in London’s trendy Shoreditch area - which is fast becoming known as London’s Silicon Valley. The “Long and Waterson” apartments...


Hong Kong investors go property hunting despite Brexit

Following a general downturn in property prices post-Brexit, Chinese investment has almost trebled in London, with buyers taking advantage of the weaker sterling to sweep up 3.96 billion pounds-worth of London commercial property. As Beijing has cracked down on foreign...


Versace-branded luxury skyscraper planned for central London

Property developer DAMAC International is developing a fifty-storey skyscraper in a central London location, which will be valued at £645 million. The tower will be made up of 450 luxury homes plus four stories of office space, and will be the first building to have been...


London property headwinds keep asking prices for homes in check

London property owners are reining in their expectations on sale prices as values continue to stagnate across most of the capital. Tax changes and political uncertainty following Brexit have all had an impact on the markets which have softened significantly from their peak in...


Since the Brexit referendum, European buyers have largely deserted the London housing market - particularly in the most exclusive areas. The numbers of European investors dropped sharply in the run up to and immediately following the Brexit referendum, while the number of...


Despite rental inflation rising significantly in 2016, rent’s across the capital fell by three percent at the end May 2017, according to figures released by Homelet. Analysts are blaming a lack of wage-growth for the fall, whilst also citing the increased availability of...


After stamp duty was raised April 2016, house sales dipped by 7% in the rest of the year according to Lloyds, and HMRC figures have shown further 3.3% fall between April and May 2017. Jamie Whyte, at the Institute of Economic Affairs blamed the hikes in stamp duty, commenting: &...


As diplomatic relations between Qatar and its neighbours deteriorates, Qataris investors are expected to look towards London property as a way to mitigate against local political volatility. Tensions have been sparked in the region as several countries accused Qatar of...


Now we’ve got to grips with the Right to Rent residency checks, it’s worth looking at the ongoing obligations on landlords. It’s not enough to simply check once at the beginning of the tenancy.  Landlords are required to perform follow up checks at the...


With a litany of concerns about their local area, frustrated residents are now campaigning for Hampstead to be split from Camden, and allocated it’s own borough. The petition is being organized by resident and solicitor Jessica Learmond-Criqui, who needs 2000 signatures...


Important Tax and Legislation Changes Affecting UK Landlords

With multiple changes to UK tax legislation, it’s important to keep track of which changes will be relevant to you, and how they will affect your bottom line. As of 17th April, mortgage interest tax relief for buy-to-let landlords will be limited to 20% - a change that is...


Brexit does NOT mean the value of your property will decrease

Although prices on high-end property in London may have dropped over the last twelve months, average prices in the rest of the UK are still set to rise overall - according to Buy Association. The property advice website has also said that the drop in demand for luxury property in...


Faulty Towers: Corruption Drives High-End Property Market

A group campaigning for greater transparency and accountability in financial transactions has claimed that billions of pounds worth of investment flowing into the UK property market is financed via overseas corruption. Transparency International has produced a damning report...


Uber on the Road to Entering London Property Market

Uber are on the lookout for real estate that they can convert into car parks, in order to provide drivers with a dedicated place to wait, to ease congestion on busy roads and reduce customer waiting times. The taxi-hailing firm is particularly interested in sites around Gatwick...


Rental Demand Nosedives in London

The number of London landlords currently reporting a rise in tenant demand has dropped to 17%, compared to 45% in the same period last year. By comparison, according to new research, the number of landlords reporting an increase in demand in the South East has risen to 40% in the...


Housing crisis means London property prices will continue to grow

Despite having dipped during the tumultuous summer of 2016, London house prices are once again on the up. Overall, prices in the capital have gone up by 7.5% annually - just falling short of the national average of 7.7%. And while prime central London values are thought to be...


The cheapest property in Mayfair goes on the market for £500,000

A 956sq foot property in Mayfair has been billed as the biggest bargain in London - despite costing over twice the average house price, and having just 12 years left on the lease. The cost of extending the lease to a standard Grosvenor 20 year lease is expected to be £150,...


Class war: Hundreds sign petition against Camden bin collection changes

Camden council has caused outrage by reducing bin collections in the north of the borough to just once a fortnight, whilst maintaining weekly collections in the south. The measure, which is expected to save the council £821,000 a year, has been criticized by Councillor Don...


60% of landlords believe new tax changes will affect them

The majority of landlords believe that they will feel the impact of changes to income tax relief and stricter affordability checks, leading many to look to incorporate as limited companies in order to manage the changes.  The Property Investor Survey, conducted by Mortgages...


Four-job Tory MP blows £25million on property in central London

A Guardian investigation into the finances of Nadhim Zahawi, the MP for Stratford-on-Avon and former advisor to David Cameron, has revealed that the politician earned just under £360 000 a year from his various second jobs and business interests – including rental...


House Price Predictions for 2017

The government’s hike in stamp duty on buy-to-let properties has been the greatest factor in the slowdown of the London Housing market, says Simon Rubinsohn, Chief economist at the Royal Institute of Chartered Surveyors. Experts suggest that the new surcharge, alongside a...


5 Things You Never Knew About the Borough of Camden

Formed in 1965 when the three boroughs of Hampstead, Holborn and Highgate were merged, the London Borough of Camden is full of surprises… from the origins and debate about its name (Camden was almost named Fleethurst after the underground river Fleet that runs almost all...