All News articles – Page 22
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News
Is scrapping FHL yet another an attack on landlords?
The biggest headline-grabbing announcement from the Spring Budget as far as the property sector is concerned is the scrapping of the Furnished Holiday Lettings (FHL) regime. FHL provides those who hire out furnished properties as holiday lets with various tax advantages.
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Why Help to Buy must be resurrected
While the chancellor delivered several welcome tax cuts in the Spring Budget, there was a disappointing absence of support pledged for prospective homebuyers.
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Irish Residential Property REIT appoints new chief executive
Firm appoints replacement for Margaret Sweeney, who is retiring after more than six and a half years as CEO.
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Research reveals AI uses that would cut real estate carbon impact
Pi Labs report reveals the potential impact of artificial intelligence on reducing carbon impact in the real estate industry.
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Rocket Auctions to lift off after My Auction and Bamboo merger
The combined group will have more than 1,100 real estate agent partners.
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Glasgow city centre office leads Acuitus’s March catalogue
The 27,054 sq ft property is guided at £3m and produces £466,979 in rental income.
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Housing Ombudsman proposes ‘polluters pay’ model and fee hike
The watchdog has launched a consultation on its business plan.
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The Hill Group appoints Santer as head of land
Santer joins the housebuilding firm from Hayfield Homes.
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Gulf billionaire buys former Mayfair embassy for £25m
Land Registry records show the property was last sold in 2013 for just under £10.7m.
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Levelling-up transformation of Ellesmere Port Market gets go-ahead
The scheme, funded by DLUHC, will see the existing market building renovated with external alterations.
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ALMCOR and Cerberus Capital swoop for Bridgwater industrial site
Joint venture’s £20m purchase follows acquisition of industrial parks in Preston and Melton Mowbray.
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Liverpool City Region reveals plans to ‘supercharge’ life sciences
The new life sciences investment zone has the potential to attract £800m in public and private investment.
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Debt allocation to real estate development finance set to expand
Debt allocation to real estate development finance is increasingly attractive to institutional investors, according to Downing.
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Three arrested in £76m Carlauren Group luxury care homes fraud case
The funding was allegedly spent on yachts, cars and a private jet.
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Government to stop councils keeping 100% of Right to Buy receipts
Right to buy funds have reportedly contributed £180m to £200m to councils’ housing budget each year.
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The Brew duo outline plans to triple London flex office footprint
Jamie Hopkins and Andrew Clough tell Property Week why their firm is well-placed to grow despite a crowded market.
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More than 1.5m properties left abandoned in England and Wales
Research shows the derelict buildings could be worth a combined £530bn if redeveloped.
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A&o Hostels seeks office and retail properties for £427.5m expansion drive
The UK in included as firm seeks wide range of properties for pan-European expansion plan.
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Mixed-use London freehold to lead Allsop’s March residential auction
The freehold building in Hampstead is guided at £2.5m-plus.
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AHMM research slams carbon intensive Cat A office fit-outs
“Brand-new Cat A materials being ripped out and discarded prompted us to start investigating,” architect’s practice said.