Allsop’s December residential auction catalogue features 240 lots across the UK 19 lots have guide prices of £1m or above The largest lot of the catalogue is a freehold house and site occupying a prime location on Sandbanks, Dorset, guided at £5m+ Allsop has released its December residential auction catalogue offering 240 lots, 19 of which are guided at £1m or above. The latest catalogue provides potential buyers with a wide variety of investment and development opportunities across the country, including a diverse mix of houses, apartments, freehold sites, and mixed-use schemes. To date, Al ..read more

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In this podcast, Andrew Hoban (Commercial Valuation Partner) & Ben Hodge (Commercial Auction Senior Associate), discuss five recommendations to achieve a smooth and robust valuation process with your lender. This is particularly pertinent in a high interest rate environment. They discuss asset management initiatives, assessing a tenant’s covenant strength, EPCs, development opportunities and rates mitigation. We recommend you listen if you are to secure finance against your commercial asset or portfolio, either with new finance or as part of a re-financing process. To listen to the po ..read more

Those struggling to keep up with the rapidly evolving economic measures designed to get the UK back on track for growth will be forgiven – there has, indeed, been a lot to process. And even though it’s only been a couple of weeks since the latest interest rate rise and the announcement of Kwasi Kwarteng’s infamous tax cuts, we can already see how these events will affect residential property and auctions in the short term. The recent rate rise to 2.25% was hardly a big surprise – a series of increases had been expected for a while to help rein in inflation and stimulate market readjustment. UK ..read more

354 luxury studios spread across three buildings are now available for purchase, with offers sought at £38m Leading UK property consultancy Allsop has brought to the market a portfolio of private rented sector (PRS) buildings in Newcastle, the largest city in the North East of England, designed with students and young professionals in mind. Comprised of three buildings – Tyne Bridge Apartments, Melbourne Apartments and Jesmond Apartments –the portfolio includes 354 luxury studios. All three buildings have been created by Urban Study and completed to a high standard, featuring an array of ameni ..read more

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Take a look at our Q3 2022 Property Market Update outlining our thoughts on the market.  We look at its varying performance, sector by sector in the markets we operate in. Economic overview West End & City  Office Leasing West End & Ctiy Investment National Investment Residential Transactional & Living Markets Commercial & Residential Auctions Residential Letting & Management Business Rates Update Download Update Now If you would like some advice about your property from any of our teams, complete our contact form below with your details of your enquiry/pr ..read more

Since the announcement of the infamous mini-Budget, much of which has been subject to a u-turn by the hastily appointed new Chancellor Jeremy Hunt, the mood among many property investors has been sombre. That sentiment is completely understandable: a sharp increase in borrowing costs has made it difficult to price property, which has consequently made lending a more complicated affair, leading to a degree of pricing readjustment across the sector. According to some, prices could fall by 20% by the end of 2024, and some maintain that no asset classes will be immune to the doomsday scenario, whi ..read more

The UK is in the grips of a housing shortage and, though the government has pledged to tackle the crisis by building 300,000 new homes a year, it has repeatedly fallen short of its target. Housebuilders are under pressure to produce more and more new homes, but most are battling supply chain disruptions, rising build costs, and labour shortages – a triple threat that led 360 smaller developers to go bust last year according to Price Bailey. Meanwhile, across the country, there are approximately 600,000 homes standing empty, with an estimated 240,000 – or 40% – having been empty for over six mo ..read more

Build To Rent Partner and super fit,  Andy Pointon,  participated in the unbelievably tough Ironman event in Cork on Sunday 14th August and finished 117th out of 1200 starters.  Absolutely incredible. In 26 degree heat these were his times: Swim 3.8 km:   1hr 5min Bike 180 km:    6hr 18min Marathon:        3hr 49min Total:  11 hr and 28 mins   Modest but totally recovered by Tuesday, Andy said: “It was a struggle but really enjoyed the challenge.  Could have done without the heat and the massive hill on the cycle ride but al ..read more