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1 day ago |
londonlovesproperty.com | John Saunders |Lilly Partin
London’s prime property market, which has seen prices stagnate amid a glut of luxury homes for sale, is being reset as wealthy owners fleeing the UK ahead of April’s abolition of the non-dom tax regime opted to rent out, rather than sell, their homes.
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1 day ago |
londonlovesproperty.com | John Saunders |Lilly Partin
As members of the House of Lords prepare to scrutinise the Renters’ Rights Bill, industry leaders have expressed their concerns over the potential knock-on effects the new legislation could have on tenants. While many have pointed to the added pressures the Bill will impose on landlords, the risk of unintended consequences for renters has received less attention.
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1 day ago |
londonlovesproperty.com | John Saunders |Lilly Partin
Designing your dream home can be exciting, but it’s easy to get caught up in fleeting trends. For many, experimenting with new styles and redesigning living spaces to match evolving tastes has become a fun hobby. However, even with meticulous planning and consideration of trends and décor changes, it can be easy to fall into the trap of following the latest interior craze – only to regret your choices later on.
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1 day ago |
londonlovesproperty.com | John Saunders |Lilly Partin
The latest analysis from Yopa, the full-service estate agents, has found that whilst a property complete with a swimming pool may seem like the ideal purchase ahead of the summer months, such properties account for less than 5% of total market stock and, even then, just one in five are selling.
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1 day ago |
londonlovesproperty.com | John Saunders |Lilly Partin
Barclays Property Insights data shows rent and mortgage spending increased 5.4 per cent year-on-year in March, down from 7.7 per cent in February, following a fall in the Bank of England base rate. However, budgets continue to be stretched by rising bills, contributing to a dip in confidence in both household finances and among renters looking to purchase their first home.
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3 weeks ago |
londonlovesproperty.com | Lilly Partin
Following the US President’s sweeping tariffs a mortgage rate warning has been issued to Brits which has the potential to see either an increase in interest rates or they could remain at the current level of 4.5%. Donald Trump has imposed a 10% tariff on all British goods being imported to the US which starts as 05.01am on 5 April. The Bank of England governor, Andrew Bailey, said they are “looking very closely” at Trumps “reciprocal tariffs” on the UK.
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3 weeks ago |
londonlovesproperty.com | Lilly Partin |Peter Stimson
The latest research from over-50s property specialists, Regency Living, reveals that the long-term ambitions of England’s upsizers remain intact despite stamp duty increases, but many have had to postpone their plans until at least 2026. In Labour’s Autumn Statement, delivered back in October 2024, Rachel Reeves announced that as of the 1st April 2025, stamp duty relief thresholds would not be extended.
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3 weeks ago |
londonlovesproperty.com | Lilly Partin |Peter Stimson
The latest Prime London Demand Index by London lettings and estate agent, Benham and Reeves, reveals that buyer demand for prime property across London’s most prestigious neighbourhoods fell by -3.9% during the first three months of the year when compared to Q4 2024. The Prime London Demand Index by Benham and Reeves monitors demand for London’s most expensive properties based on the level of market activity seen between the £2m to £10m threshold and the super prime market of £10m+.
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3 weeks ago |
londonlovesproperty.com | Lilly Partin |Peter Stimson |Jonathan Hopper
The latest internal data release from Searchland, the development site sourcing specialists, has revealed where across the country developers are most likely to find success when it comes to securing approval for a planning application. The data from Searchland tracks planning approval rates across each local planning authority for applications of more than one dwelling and how this approval rate has changed on an annual basis.
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3 weeks ago |
londonlovesproperty.com | Lilly Partin |Peter Stimson |Jonathan Hopper
Five Liberal Democrat Councillors representing Borough and Bankside and St George’s wards have written to Sir Sadiq Khan, Mayor of London, formally asking him to exercise his powers to “call-in” the Borough Triangle scheme. The development, which will see 892 flats built on the site currently occupied by Mercato Metropolitano, was approved by Southwark’s planning committee last week, despite 415 out of 434 public comments lodging objections.