Category: Commercial

Commercial property investors face changing market

Commercial property investors face changing marketTwo rising trends that affect property investors are people working from home who do not need office space and the shift to online shopping.

Government land initiative to make it easier for developers

The government has recently created the Land Assembly Fund and the Small Sites Fund that is designed to release land for developers to build new homes.

Commercial mortgages affected by broadband speed

Many business owners will not consider a commercial property lease without first checking broadband speeds.

Buy to let landlords switch to commercial property

An increasing number of landlords are looking at commercial property investing because tax and regulation changes have made buy to let investing more difficult.

How automation helps commercial mortgage applications

After a commercial mortgage or a buy to let mortgage application has been approved in principle, documents, valuations and legal work is required before the funds can be released. Automatic systems are being used by some lenders to make this process quicker

UK commercial property opportunities remain plentiful

Despite negative media reports, there are still plenty of investment opportunities in UK commercial property.

Brits holidaymaking in UK fuels demand for holiday lets

More British people are choosing to take their holidays in the UK and this has led to a strong demand for holiday lets.

£18.8 billion spent by British on commercial property in 2018

New data from estate company Savills has shown that UK investors spent over £18.8 billion on UK commercial property in the first seven months of 2018

How PDR affected the office property market

Permitted development rights (PDR) were introduced in 2015 to allow the conversion of certain types of property from commercial to residential use without the need to obtain planning permission.

£4.1 billion spent on commercial property by local authorities

According to data compiled by estate agents Savills, UK local authorities invested £4.1 billion in commercial property in the last four years but their share of the UK commercial property market remains small. In 2017 Britain’s local authorities spent £1.8 billion on commercial property, a 1,868% increase over the £93.8 million they invested in 2014.