In today's fast-paced world, where modernity often takes precedence, there's a growing appreciation for the historical charm and architectural beauty of British period properties.
What Happens Next for Empty Retail Property on the British High Street?
It’s now been 2 months since the high street retail giant Arcadia announced it would be going into administration and closing down all 444 leased shops across the UK. With many other high street names following suit, the continuous bad news for the British high street puts landlords and communities in a very worrying situation. Experts have warned that property owners with investments in retail and high street locations should start planning for worst-case scenarios.
Which London Borough Has the Most Vacant Properties?
Government statistics have revealed that there are currently over 225,000 long term vacant properties across the UK. Greater London alone is home to just over 10% of those properties, totalling nearly 25,000 vacant buildings across the capital. But which London Borough has the highest number of long term vacant properties? And what can we do about it?
Top Ten Threats to Vacant Properties
Vacant residential and commercial buildings are vulnerable to a host of threats that not only damage your asset but can cost a lot to rectify. If you’re thinking of leaving your building unoccupied for an extended period, our list of the Top Ten Threats to Vacant Properties will give you an idea of what to expect, so you can take preventative action.
Eight Reasons You’re Struggling to Rent Your Residential Property
If you’ve ever dipped your toe in the rental property market, you’ll know there are always a range of factors at play, some of which are beyond your control. The economy could boom or bust. Changes to transport routes could dramatically impact demand in your area. And who knows, a global epidemic could hit! But there are lots of factors that you can control, and these become especially crucial if you’re struggling to find a tenant for your residential property. Every day that your property sits unoccupied costs you money, and this mounting pressure can cause some landlords to make rash decisions like accepting unsuitable tenants or selling when it is unwise to.