Former gun making site sold to developer
The ‘Gunsmith House’ property was on the market for £2.5m but was bought for an undisclosed sum.
Government to place surcharge on homeowners with gas boilers
The plans are set to be announced next month, which would make it so people who heat homes with electricity or drive electric cars would pay less, while those with gas boilers would pay more.
Three more energy companies go bust
Enstroga, Igloo Energy and Symbio Energy have all stopped trading.
Landlords must use new eviction forms from October 1
The changes coincide with eviction notice periods returning to pre-pandemic levels, to two months for Section 21 notices and two weeks for Section 8.
High yielding mixed-use investment in Worcestershire up for auction
The fully let, freehold building at 34 Port Street in Evesham is bringing in total annual rents of £41,400, representing a yield of more than 12% if based on the £320,000+ guide price.
Mortgage approvals indicate cooling housing market
Some 74,453 loans were approved for house purchase in August, down from a previous six-month average of 82,719.
Landlords given a year longer to adapt to tax changes
The regulation will mean landlords have to declare their income every three months via an online system.
Berlin votes to seize properties from major landlords
The proposal has received 56% support, with 39% against, and would apply for landlords owning more than 3,000 rental units in the German capital.
Swansea, Hull and Plymouth the best areas for student property returns
Swansea tops the list with an average yield of 9.56% for student property, with an average property price of £231,534.
Rental stock plummets in Q3 – as renters face strong competition for properties
There’s been a consistent decline since Q4 2020 when renters were spoilt for choice, with 171,080 homes to choose from.
