Browsing: London

With several instances of fire in London over the past few months, fire safety and your responsibilities must be at the forefront of your mind as a Property Manager or Residents’ Management Company (RMC) Director.

Research by Warwick Estates reveals that the total value of new-build leasehold transactions is 50% higher than new-build freehold transactions, as flats and urban living dominate England’s market. 

In the first six months of 2021, there were 1,523 new-build transactions in England. Of these, 44.8% (683) were freehold homes while 55.2% (840) were leaseholds, demonstrating a fairly even split for England’s market.

The latest market analysis by estate and lettings agent, Barrows and Forrester, has revealed that, so far this year, Birmingham is the rental property repossession capital when it comes to landlords reclaiming their homes from problem tenants. When a landlord wants to remove tenants from their property, they often have to go to the county courts and file a repossession order.