Basel 4 implementation and compliance should have occurred in January 2023. However, in November 2022, the Bank of England proposed that full compliance be moved to 2025 to give banks more time to adjust to the new framework. This also gives the real estate industry additional time to prepare for Read More ->
Mortgage rate concerns have seen a +508% spike in online searches, according to new research by Better.co.uk. Following the impact on the financial markets of the mini-budget last year, new research from Better.co.uk reveals the most searched concerns of UK property buyers and homeowners. Better.co.uk were able to analyse Google Read More ->
The PropTech industry is modernising the real estate sector through digital technology, with $20.41 billion (+19%) invested, according to the PropTech barometer initiated by the Principality of Monaco and ESCP Business School. A significant wave of innovation in the real estate sector, PropTech (“property technology”), i.e. technology serving real estate Read More ->
The UK budgets, also known as the Spring or Autumn Statement, is made by the UK’s Chancellor of the Exchequer to the House of Commons; it includes the Government proposals for tax and a report on the nation’s finances — as well as a forecast of the economy created by Read More ->
On Friday, 10th March 2023, the “go-to banking partner” Silicon Valley Bank (SVB) collapsed after it failed to keep up with rising interest rates and falling stocks in technology. The collapse of Silicon Valley Bank is the most significant bank failure since the financial crisis in 2008 and the second-largest Read More ->
Today is March the 8th and means one thing and one thing only, it’s international women’s day! It’s a day to celebrate and say thank you to the women in your life. It’s no secret that the world of property has traditionally been a male-dominated industry, so we thought we Read More ->
In 2023, labour leaders called for the government to implement an immediate rent freeze for all private tenants, following Scotland’s decision in 2022. While the rent freeze will help reduce property levels and create more affordable housing options for those vulnerable, it will also impact landlords and their ability to Read More ->
Purplebricks, one of the most well-known online estate agents in the United Kingdom, is being forced to sell after they are expected to lose £15 Million to £20 Million this year. Subscribe To Our Newsletter Who Are Purplebricks? The company was an online estate agent that set out to revolutionise Read More ->
Wondering which street in the UK will help you avoid *that* ex this Valentine’s day? We’ve got you covered! February is here and that means only one thing, Valentine’s Day is here. And what better way to celebrate (besides with chocolate and flowers) is there than looking at the most Read More ->
Over the past decade, the UK housing market has been the subject of much speculation, with many property and financial experts predicting an inevitable house price crash due to unprecedented levels of debt, Brexit uncertainty, the cost of living crisis and a global economic downturn. With house prices beginning to Read More ->
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