Prime UK commercial property rent values rise by 0.7%
Commercial real estate services and investment firm, CBRE, have announced in their latest Prime Rent and Yield Monitor, that UK prime commercial property rental values saw an increase of 0.7% in Q2 2018.
For full briefing click here. Property Market Review August 2018
INTEREST RATES UP BUT NO RUSH TO RAISE AGAIN
The Bank of England (BoE) has raised interest rates for only the second time in more than a decade, but stuck to its previous guidance that any further monetary tightening is likely to be only gradual and limited in extent.
For full briefing click here. Economic Review August 2018
Reduced supply means higher rents over next five years
The Royal Institution of Chartered Surveyors (RICS) latest survey indicates that rents could escalate by as much as 15% over a five year period, as a ’perfect storm’ of diminishing supply of rental properties, combines with increasing demand from tenants. RICS estimate that rents will increase by up to 2% over the next twelve month period alone.
For full briefing click here. Residential Property Review August 2018
ARE YOU BAD WITH MONEY? ONE IN TEN BRITS CONFESS THEY ARE
Many of us it seems aren’t great at managing our finances; according to a recent survey1,
putting away money for the future never quite makes it to the top of the ‘to-do’ list for one in ten of us.
For full briefing click here. Your Money Summer 2018
Olympia London to get major revamp
Olympia London Exhibition Centre is to benefit from a £700 million development plan to extend the area by over two acres, adding green space and including restaurants, a performing arts centre, and a theatre. The architects will be SPPARC, working together with renowned designer Thomas Heatherwick.
For full briefing click here. Property Market Review July 2018
WARM WEATHER AND WEDDING BOOST GROWTH
The UK economy picked up some momentum during the three months to May as the hot weather and royal wedding sparked a modest rebound from the lacklustre performance recorded in the early part of the year.
For full briefing click here. Economic Review July 2018
Three-year tenancies for renters causes concern to landlords
As reported by The Guardian, the Secretary of State for Housing, Communities and Local Government, James Brokenshire, has proposed stopping landlords of rental properties from evicting tenants at short notice and implementing a minimum three-year tenancy agreement.
For full briefing click here. Residential Property Review July 2018
PLAN TODAY FOR THE RETIREMENT YOU DESERVE
You may feel that retirement planning isn’t the most riveting topic, but the sooner you engage with the concept, the sooner you’ll be able to put plans in motion to secure your financial future.
For full briefing click here. Your Wealth Summer 2018
British business rates risk damaging UK commercial property market
The UK government’s re-assessment of the value of properties, undertaken in 2015, had the effect of either increasing or decreasing the rates owed by business owners. Any increase in rates took effect from April 2017, a full two years after valuations were made.
For full briefing click here. Property Market Review June 2018
A recent industry survey1 showed that 41% of people feel stressed by the mortgage process, taking the fun out of looking for a new home. This needn’t be the case and by following these top tips you can stay in control, save money and enjoy the experience.
For full briefing click here. Your Home Finance Summer 2018