AGP Executive Report
Last update: 12 hours agoFlood Risk: Sheffield homes could become “uninsurable” as flood risk rises, Aviva’s boss warned, while buyers elsewhere are demanding discounts over flood fears. Property Taxes: The 2026 Budget raises property taxes, and landlords are bracing for a government tax grab as rental yields vary widely. London Market: Luxury property is struggling as non-domiciled residents move wealth elsewhere, adding pressure to a market already facing buyer resistance. Housing Outlook: UK house prices recorded their sharpest annual fall since October 2023, with higher mortgage costs weighing on affordability; a further 1.5% fall is forecast for 2027. Construction starts are also down 21% year on year, raising concerns about future supply. Regional Deals: A £100m Hyatt hotel is set to complete Edinburgh’s £350m Haymarket transformation, while AEW UK REIT has sold Barnstaple Retail Park for £8.15m.
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