Real Estate News

How the Commonwealth Games put Birmingham on the investment Radar

The Commonwealth Games may be over, but the buzz around Birmingham is set to last.

Birmingham is poised to transform from an overlooked relocation option to the next hotspot for those seeking better-value homes and a more relaxed lifestyle. Thanks to the Commonwealth Games, HS2, and big investment in Birmingham, those currently living in London are realizing that they can get more for their money in Birmingham without sacrificing the charm of city life.

How did the Commonwealth Games invest in Birmingham?

The Commonwealth Games have kick-started massive city center regeneration that has brought Birmingham to life. It lit a

Real Estate News

Big Hit Music Shares Update On Legal Action Against Violation Of BTS And TXT’s Rights

Big Hit Music has released new statements about its legal response to the violation of its artists’ rights.

On June 29, Big Hit Music shared two separate statements regarding the protection of its artists BTS and TXT against personal attacks such as maliciously edited posts, false rumors, sexual harassment, and more.

Big Hit Music’s full English statement regarding BTS is as follows:

Hello.
This is Big Hit Music.

Our company regularly initiates legal proceedings against perpetrators of malicious activities related to BTS, including defamation, personal attacks, sexual harassment, the spread of groundless information, and ill-intentioned criticism. We would like to

Real Estate News

Legal Update: Buy Now, Pay Later – Financial Services

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The Central Bank of Bahrain (the “CBB”) issued amendments to the CBB Rulebook Volume 5 (Type 3: Financing Companies) on 8 February 2022, to mainly incorporate innovative business models for financing consumer products within its scope as part of short-term financing activities in an effort to keep pace with industry evolution and consumer demands for financial services.

A new form of company will be permitted to enter the market of online retail platforms in the form of “Buy Now, Pay Later” (“BNPL

Real Estate News

Rents in the UK Rise to Record Levels

From a buy-to-let investment perspective, there are a number of regions across the UK showing strong signs of rental growth such as the North West, which saw an increase of 0.83% in the average rental price between April and May.

This sits above the average increase of 0.73% across England and 0.32% in the Greater London area, making North West one of the most promising regions in which to invest when it comes to rental growth.

Furthermore, the North West’s two main cities, Liverpool and Manchester, have now established themselves among the best buy-to-let investment areas in the UK, offering

Real Estate News

Allied Properties Real Estate Investment Trust (TSE:AP) Expected to Earn FY2024 Earnings of $2.53 Per Share

Allied Properties Real Estate Investment Trust (TSE:AP – Get Rating) – Stock analysts at National Bank Financial upped their FY2024 earnings estimates for shares of Allied Properties Real Estate Investment Trust in a research report issued to clients and investors on Wednesday, June 21st. National Bank Financial analyst M. Kornack now anticipates that the company will earn $2.53 per share for the year, up from their previous estimate of $2.49.

Allied Properties Real Estate Investment Trust (TSE:AP – Get Rating) last issued its earnings results on Wednesday, April 26th. The company reported C($0.10) earnings per share (EPS) for the quarter,

Real Estate News

Buying Property For Airbnb – How to Get Started

Traditionally, investing in buy to let property has been one of the most stable and assured methods of generating a lucrative, long-term passive income.

As the UK market is historically one of the strongest and most resilient in the world, it’s easy to see why global investors consistently choose thriving cosmopolitan cities like London, Liverpool and Manchester in which to direct their capital.

Norms and traditions, however, are two things that have increasingly taken a back seat in all walks of modern life. So, what of the contemporary world of buying to let property investment?

Well, although many of the

Real Estate News

Instability of Banks Boosts Appeal of Property Investing in 2023

If you’ve been paying attention to the news recently, then you may have noticed several banks collapsing in the US in the past couple of weeks, which is beginning to cause alarm.

For those not in the know, on March 10th, the biggest failure of a US bank since the global financial crisis of 2008 happened in real time. Silicon Valley Bank collapsed after a bank run and failed to raise capital, which was the second-largest failure of a financial institution in US history.

Following this, a second bank, Signature Bank, has also shut down, and a third has been

Real Estate News

New Statistics Show High Rental Demand for 2023

The number of people currently inquiring about homes to rent has increased by roughly 23% since last year, while a recent Zoopla report highlights that rental inquiries per estate agency branch are 46% above the 5-year average.

On the other hand, the current stock of homes for rent is 38% below the average of the past five years and 4% below what it was in November 2021, highlighting the supply gap that the UK currently faces.

In many cases, this has resulted in lets being agreed upon before viewings have even taken place and instances in which potential tenants are