As we approach a year of Labour being in power, we thought it would be an ideal time to look at their housing and property commitments. The Labour government has pledged to deliver 1.5 million homes during their five-year term in office. To put this into perspective,...
In an ever changing property market, ensuring accurate valuation has never been more essential. The most favoured method of property valuation for residential property tends to be the Comparative Method or Comparison approach, as this uses historic transactions and...
UK house prices have increased by 3.5% from the start of the year to April. While this presents firm growth, it is worth noting that this is down from a 7% annual increase in March, marking the first slowdown in annual UK house price growth since December 2023. In the...
London Mayor Sir Sadiq Khan has announced plans to pedestrianise Oxford Street as quickly as possible, following strong public support. A recent consultation involving over 6,600 individuals, businesses, and community groups revealed that two-thirds supported...
The Government has recently reminded landlords with qualifying income over £50,000 to begin preparing for the digitalisation of their annual tax return process. The Making Tax Digital (MTD) initiative, first introduced by the UK Government in 2015, aims to simplify...
Renovating your home is an exciting but complex process. With proper planning in advance, you can avoid common pitfalls and ensure a smoother experience. As a team of Building Surveyors, we’ve assisted with all kinds of renovation projects over the years, including...
Short term letting rules apply to all of London’s residential property stock. The rules, which came into force in 2017, state that a property cannot be rented on a short term basis for more than 90 nights per calendar year (January 1st to December 31st). In our...
The Renters’ Rights Bill has finished the Committee Stage in the House of Lords, with only the Report Stage and Third Reading remaining before it receives Royal Assent. What the Renters’ Rights Bill Does The Renters’ Rights Bill is a major new law aiming to improve...
Property valuation is the process of determining a property's current value. Whether you're buying, selling, investing, or securing finance. An accurate valuation is essential for making informed decisions. VALUATION METHODS Valuations vary based on the property type...
We also have a YouTube Short on this topic. A retrospective valuation refers to the process of estimating the value of a property as of a specific date in the past.Unlike a current market valuation, this approach looks back in time to determine what the property was...
