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Hundreds of homes to be demolished for new third runway at Heathrow Airport
Hundreds of home owners will get compensation from the UK Government for 125% of the value of their properties after it was announced that a third runway will be built at Heathrow Airport in London. Parts of some villages will be demolished to make way for the runway which is set to open in 2025 […] The post Hundreds of homes to be demolished for new third runway at Heathrow Airport appeared first on PropertyWire . Continue reading →
Higher stamp duty has had impact on prime regional property in UK
There is now clear evidence that the introduction of much higher rates of stamp duty for homes over £1 million in the UK almost two years ago has created a two speed prime regional housing market. The latest analysis report from real estate firm Savills shows that recent price growth has been dictated more by […] The post Higher stamp duty has had impact on prime regional property in UK appeared first on PropertyWire . Continue reading →
Central belt of Scotland sees rental values soar
Average residential rents in Scotland increased by 2.4% in the year to September led by strong growth in the country’s central belt, the latest index figures show. Rents in the private rented sector reached an average of £755 per month but there is considerable variations. In Edinburgh, for example, the average rent surpassed £1,000 a […] The post Central belt of Scotland sees rental values soar appeared first on PropertyWire . Continue reading →