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Crumbling mews property is on the market for £2.5m

Crumbling mews property is on the market for £2.5m - but could fetch £4m when fully restored

Even the estate agents warn that the roof is so leaky the house has gutters inside and out, but it could be a brilliant investment for one brave soul.

The crumbling shell of a one-bedro ... read full article

Pound pummelled after UK election result

FTSE 100 gains ground as global markets shrug off political uncertainty

Friday 08:35 BST

Highlights 
● Pound plunges as UK election delivers hung parliament
● FTSE 100 higher as foreign currency earners gain, FTSE 250 falls
● Global markets shrug off UK and US political uncertainty
● US and European equity benchmarks firm
● Do ... read full article

Bank of England Cuts Key Interest Rate to New Low

The Bank of England has announced a quarter percentage point cut in the benchmark interest rate to a record low of 0.25%—the first such move in over seven years. Read More

Rental market survives 'Storm Brexit'

According to the latest report from ARLA, the rental market remains relatively stable in the wake of last month's decision to leave the EU.

Immediately following last month’s Brexit result, the rental market is stable, with little to no movement in terms of rental costs. While a tenth (12%) of agents reported an immediate dip in rent, an overwhelming three quarters (77%) saw no change. Th ... read full article

Wembley rogue landlord jailed for illegally evicting tenants

A Wembley landlord who waged a war of intimidation against tenants living in his property has been sentenced to four months imprisonment and ordered to pay costs and compensation of £20,000.

Rehan Sheikh of Manor Drive, Wembley, illegally threw out the six tenants, including one who had two young children, after giving them just two hours to leave the rundown House of Multiple Occupancy ( ... read full article

Young and poor face becoming permanent renters within a decade, study shows

In 1998, 22 per cent of those under-35 on modest incomes were renting, a figure that has now risen to 53 per cent. Nine out of 10 Britons on modest incomes under the age of 35 won’t ever be able to afford homes within a decade, according to a study by a leading thinktank. Read More< ... read full article