A key policy objective of the new Leasehold and Freehold Reform Bill is to make it cheaper and easier for people to extend their leases and buy their freeholds. However, the legislation is deafeningly silent on the prescribed rates that…
Read moreSocial media is overwhelmingly influencing global luxury consumers to purchase their dream home, reports Abode2. The latest industry insights reveal a whopping 73% of affluent consumers say they have been influenced by social media to purchase a particular home they…
Read moreLondon, New York and the French Riviera remain perennially popular as overseas property investments for UHNWs, but there are emerging hotspots set to entice affluent buyers in 2024, reports Abode2. The 2024 Luxury Outlook complied by Sotheby’s report identifies Australia, Mexico,…
Read moreProperty values did not fall by as much as most people expected last year, giving many market watchers the license to be more bullish about prospects for 2024, reports Abode2. Knight Frank and Oxford Economics have flagged a more positive…
Read moreFor over six years the government has had the ambition to make it cheaper and easier for leaseholders to extend their leases or purchase their freeholds. The most recent promise to do so was in the King’s Speech on 7 November. The…
Read moreFor over six years the government has had the ambition to make it cheaper and easier for leaseholders to extend their leases or purchase their freeholds. The most recent promise to do so was in the King’s Speech on 7 November….
Read moreThe number of multi-millionaires and billionaires opting to rent a luxury home in London has “far exceeded” those choosing to buy a super-prime property (£15mn+) this year, reports Abode2. After crunching data from LonRes, Dataloft and Wealth X, findings lay…
Read moreJeremy Hunt’s plans to cut inheritance tax in the Autumn Statement have been branded as ‘half-baked’ by the property industry, reports Abode2. The Chancellor is expected to use the Autumn Statement to slash what is often described as the most…
Read moreThe latest industry findings reveal an exponential growth in the short-term rental market over recent months, with a surge of interest providing investors with exceptionally high yields and returns typically ranging between 12-20% in key-note UK cities. Homes with short…
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