An array of properties and land have been sold since the start of last year amid the recent turmoil, which saw the Labour-run authority effectively declaring itself bankrupt in September 2023. They include the Bordesley Green ‘Wheels’ site, where a new stadium for Birmingham City FC has been proposed as part of the massive Sports
Six UK-based property companies tied to Saifuzzaman Chowdhury, a former Bangladeshi land minister and close ally of ousted Prime Minister Sheikh Hasina, have collapsed into administration, marking a dramatic fall for a once-expansive real estate portfolio now entangled in a widening corruption scandal. Chowdhury’s UK property empire, valued at approximately £170 million and comprising over
Property transactions are set to be the highest since the Covid bounce-back year of 2022, new statistics reveal. Total deals are on course to reach 1.18 million in 2025, data firm TwentyEA claims. The volume of sales agreed is at 791,000 so far this year, 6.8% up on 2024. TwentyEA now forecasts transactions this year
Do I pay capital gains tax on property? If you sell a property in the UK, you might need to pay capital gains tax (CGT) on the profits you make. You generally won’t need to pay the tax when selling your main home. However, you will usually face a CGT bill when selling a buy-to-let
The Birmingham-based commercial property consultancy announced Maria’s promotion following several recent successes for the property management team in Birmingham and across the region. Johnson Fellows recently celebrated after being instructed to provide property management services at a major office development in Birmingham city centre, providing a full range of services at Quay Place – a
A loan against property (LAP) helps individuals and business owners unlock the value of their owned residential, commercial, or industrial property. It can be used for various financial needs such as expanding a business, purchasing assets, or renovating a home. Apart from offering access to funds, this type of secured loan may also provide certain
Bawa & Sons Properties, who are based in Sale, have applied to Walsall Council to build 13 flats in a three storey construction in Elmore Green Road, Bloxwich. Walsall Civic Centre It would consist of five two-bedroomed properties and eight one-bedroomed flats, with associated parking and landscaping included in the application. The application can be
The Shropshire Fire and Rescue Service received a call at 11.33am reporting a property fire on Moneybrook Way. Two fire crews were mobilised from Shrewsbury and Wellington to the scene. An operations officer was also in attendance. Reports from the fire service said there was a small fire involving food and an oven at the
The force said it had worked with a local housing association to take action and the order was granted on 5 August at Walsall Magistrates’ Court. Mr Cross added: “We just hope this order will now improve the quality of life for residents in the community who had been so badly affected by anti-social behaviour
But they warned homeowners to be cautious as some popular upgrades could end up costing you more Some enhancements might end up costing more than the value they contribute A property guru has described which home renovations could really ramp up your property’s market value this year, while cautioning against splashing out on less effective