In this month’s Property Surveying Newsletter … we look at concerns over fire safety, discover what’s going on in the housing market and learn how Spain is tackling short term letting
The Property Market Monthly Fact File
The property market fact file is a collection of data compiled each month by our Chartered Surveyors and the propertysurveying.co.uk team, reflecting survey data, statistics, trends and information from the property market. This provides a single place where anyone with an interest in UK property can find the information they need.
Homeowners fight to reclaim properties after trust scheme failures
Thousands of homeowners thought they were protecting their homes for their children by using a trust scheme. Instead, they lost legal ownership and have been fighting for years to get it back.
Sheffield homeowners face pressure from new freeholder
Hundreds of Sheffield homeowners are dealing with what they describe as threatening letters after a London solicitor purchased the freehold to their properties at auction.
Rental property ordeal highlights challenge of eviction
A landlord from Camberley, Surrey is facing a massive cleanup and financial loss after her tenant left her property in a devastating condition, while owing tens of thousands in rent.
New fire safety regulations challenged
A prominent construction industry figure has raised concerns over proposed fire safety legislation, warning that it may not adequately protect residents in high-rise apartment buildings.
Spain fines Airbnb millions over illegal rental listings
Spain has fined Airbnb £56 million (€64 million) for promoting tens of thousands of properties that lack proper licenses or are outright banned from being rented to tourists.
London’s Tower Hamlets lures Chinese homebuyers
The London borough of Tower Hamlets has become the capital’s fastest-growing destination for property buyers from China. Over 1,100 Chinese nationals have purchased homes there since 2020, leading to some labelling the area London’s “new Chinatown.”
Plans to limit parking spaces in new housing developments spark debate
The government is considering changes that would give local councils greater authority to restrict parking spaces in newly built housing estates, triggering criticism from motoring groups and opposition politicians.
London property market sees sharpest decline in over a decade
London’s housing market is experiencing its most significant downturn since the 2008 financial crisis, with property values in central London plummeting, as wealthy homeowners react to new government taxation policies.
Government to help families cut energy bills with solar panels and green technology
The government has announced plans to extend the help available to households to install green technology in the form of solar panels, heat pumps, and batteries in their homes.
And finally …
Beach hut owners challenge new tax classification
Owners of over 300 beach huts in Dorset have questioned the legality of plans to reclassify their structures as second homes, which would double their annual tax bills.
Written by Independent Chartered Surveyors
of the UK wide network of Property Professionals
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