Category: Real Estate

Real Estate

Government unveils ‘New Homes Accelerator’ team to solve planning delays 

The government will launch a team dedicated to helping developments get off the ground when they are stuck in the

Real Estate

Government’s 2030 EPC C target deemed “impossible”

The government’s aim of achieving an Energy Performance Certificate (EPC) rating of C across all rental stock is unattainable, 95%

Real Estate

Think tank urges radical changes to council tax, CGT and IHT

Labour has been urged to add two higher council tax bands and introduce steeper levies on empty homes in the

Real Estate

Scotland’s additional dwelling supplement raising 30% of nation’s property taxes

The additional dwelling supplement (stamp duty surcharge) in Scotland raised £197.3 million in the past 12 months, 30.8% of the

Real Estate

Best schools command hefty house price premium – and the divide could widen

Living near ‘outstanding’ rated schools commands a house price premium – both compared to lesser rated schools and the surrounding

Real Estate

How will the UK property sector fair under the new Labour government?

By Reece Mennie, chief executive of Hunter Jones Group Last month’s General Election debate threw a number of key issues

Real Estate

Half of people misunderstand what estate agents do

Consumers significantly misunderstand the market, as nearly half (49.2%) reckon estate agents represent both buyers and sellers, research from advisor

Real Estate

Prime market demand to be stifled by private school VAT decision

The Labour government’s decision to charge private schools VAT from January rather than September next year has created a mood

Real Estate

Wolverhampton the best area to renovate a property

Wolverhampton is the best area in the UK for a renovation project based on factors like the planning approval rate

Real Estate

Working in construction becoming more lucrative

It pays to work in construction, as wages have risen for five consecutive quarters amidst the renewed push to build

Real Estate

Developer to build 237 homes in Surrey

Cala Homes has acquired a residential development site with a gross development value of £110m at Mindenhurst Village, Deepcut, in

Real Estate

Homes coming to West Midlands

Developer Spitfire Homes is building 61 homes in the West Midlands – in land previously occupied by the metalworking company

Real Estate

Auctions taking bigger proportion of property sales

Auction sales are rising in popularity since 2019, with traditional property sales falling over that time, analysis from iamproperty has

Real Estate

Three in five investors plan to buy more

Property investors have growing optimism in the market, as three in five (59.2%) plan to expand their portfolios within the

Real Estate

Labour to raise social rents by more than inflation

Chancellor Rachel Reeves plans to impose above-inflation rental increases in the next 10 years in a bid to encourage more

Real Estate

Developer: Time to give planning inspectors more power

PropertyWire’s Ryan Bembridge speaks to Robert Barton, group managing director of Tarn Homes, about increasing the quality and quantity of

Real Estate

Nationwide unveils 3.78% mortgage rate

Nationwide Building Society has launched a mortgage rate at 3.78% for a 60% LTV 5-year fixed rate – currently the

Real Estate

Property owners urged to sell before the October Autumn Statement

People with property, shares or investments have been urged to sell or transfer them ahead of the Autumn Statement. It’s

Real Estate

Homebuyers valuing transport links over space as priorities reverse post-Covid

UK homebuyers are placing far greater emphasis on transport links when looking for a home, while the square footage of

Real Estate

Holiday let landlords benefit from more mortgage options

The number of buy-to-let mortgages allowing holiday let has gradually increased over the past two years, Moneyfacts analysis shows. There

Real Estate

Bank rate cut already fuelling activity

There’s been a 19% increase in potential buyers contacting estate agents since the Bank cut interest rates for the first

Real Estate

Right leaning think tank slams rent controls

Think tank the Institute of Economic Affairs (IEA) has published a report criticising rent controls – saying they result in

Real Estate

Landlord law expert slams lenient treatment of councils

Four social housing providers have received a slap on the wrist for failures, much to the frustration of Phil Turtle

Real Estate

Most buy-to-let landlords favouring 5-year fixed rates

Seven in 10 (71%) buy-to-let landlords are selecting a 5-year fix when remortgaging, a survey from Landbay has found. This

Real Estate

When is it best to buy – when prices are rising or falling?

By Kevin Shaw, national sales managing director, Leaders Romans Group As a general principle, the best time to buy a

Real Estate

London property firm launches into Dubai

A London-based property management firm has launched a real estate offering in Dubai. SBA Properties said it will offer a

Real Estate

Kamala Harris to back developers and hand first-time buyers incentives

Aspiring US President Kamala Harris has unveiled her housing plans ahead of the election taking place on November 5th. Harris

Real Estate

60 homes coming to Leicestershire

Allison Homes has acquired a site in the village of Anstey, Leicestershire, that will make way for 60 new homes.

Real Estate

Knight Frank: London market now building after pause for election

Housing market activity dropped in the run up to the UK general election, but early signs are that we’re seeing

Real Estate

Landlords would leave if rent controls were introduced

A third of private sector landlords would sell properties if rent controls were introduced, research from research consultancy Pegasus Insight

Real Estate

Rental yields surprisingly reach 10-year high

Landlords are making 6.3% per year on their property investments, according to a report from lender Foundation Home Loans. Property

Real Estate

Derelict West Yorkshire site to be transformed with 100 homes

Work to build more than 100 new homes in Upton in Pontefract, West Yorkshire, has begun at an abandoned parcel

Real Estate

Bridging lending breaks £200 million barrier in Q2

There was £201.8 million of bridging lender in the second quarter of 2024, outlining that more people are dipping into

Real Estate

New government, same old housing crisis

By Ritchie Clapson CEng MIStructE, propertyCEO The Department for Levelling Up, Housing and Communities is now the Ministry of Housing,

Real Estate

Shojin partners with Southeast Asia’s largest digital securities exchange for alternative investments

The UK’s leading fractional property investment platform, Shojin Property Partners, has partnered with Alta to launch its offerings in Southeast

Real Estate

RAW Capital Partners supplies large loan to refinance luxury courtyard development

RAW Capital Partners has completed a loan worth £5.3 million for a luxury courtyard development, which is valued at £9.5

Real Estate

Berkeley to build 10,000 homes

Some 10,000 homes will be constructed by developer Berkeley Group in the next five years. The company plans to buy

Real Estate

Nottinghamshire set for £29 million development

A 29 million multi-tenure development is coming to Nottinghamshire after Avant Homes was granted planning permission. There will be 104

Real Estate

Bellway looking to build 95 homes in Croft

Bellway Strategic Land is seeking planning permission for up to 95 new homes in Croft. An outline planning application has

Real Estate

Heat in Buildings Bill in cloud cuckoo land, says DJ Alexander

The targets contained in the Heat in Buildings Bill are too ambitious and impossible to meet, according to David Alexander,

Real Estate

RICS: Further rent rises in store

Rents will continue rising thanks to increased demand combined with dwindling interest from landlords, the RICS UK Residential Survey has

Real Estate

Landlords worried about new government’s effect on the rental market

Four in five (79%) landlords don’t think the new government’s housing policies will improve the rental market, a poll from

Real Estate

Kent development launches – PropertyWire

Housebuilder Crest Nicholson has launched a development in Faversham, Kent, called Crown Meadows. The properties are a mix of two

Real Estate

Buy-to-let purchases at lowest level since 2016

Fewer rental properties are being purchased thanks to higher mortgage rates combined with hostile policies towards landlords, research from chartered

Real Estate

More sellers come to market after election

Homeowners in Labour and Lib Dem held seats have been increasingly likely to put their homes on the market, pointing

Real Estate

Rental properties must reach an EPC of C by 2030

Landlords must bring their properties up to a minimum Energy Performance Certificate bank of C by 2030, Labour has confirmed.

Real Estate

Property industry backs pre-sale surveys

Over two-thirds (71%) of property professionals are in favour of pre-sale surveys to speed up the homebuying and selling process,

Real Estate

EDITOR VIEW: One month of Labour – the good and the bad

It’s early days regarding this new Labour government, but early signs call for cautious optimism regarding the direction of travel

Real Estate

Retirement properties with a tenant in situ can be a smart investment

James Adams, head of transactions, My Future Living The demand for retirement housing is on the rise, creating new opportunities

Real Estate

Navigating the complex world of green building certifications

By Tasos Stavrou, vice president of global business development at LeadingRE In the ever-evolving landscape of global construction, sustainability has

Real Estate

London and South East accounting for half of capital gains

Some 50% of capital gains are being charged to people in London and the South East, likely due to the

Real Estate

Jersey landlords must get a license or stop renting out properties

Landlords in Jersey cannot rent out their property until they apply for a mandatory license, under new rules that came

Real Estate

Legal expert advises on how to navigate family conversations about wills

Wills are a sensitive topic, especially when discussing with parents, children and other family members. Craig Ridge, contentious probate lawyer

Real Estate

Bank of England makes first rate cut in four years

The Bank of England has cut the base rate to 5%, a reduction of 0.25%. The result only narrowly happened,

Real Estate

Generation Rent scorns increasing the proportion of the PRS to solve the housing crisis

Encouraging more landlords into the sector isn’t the way to deal with rental affordability, according to tenant campaign group Generation

Real Estate

Buy-to-let rate reductions this week

A number of lenders have made tweaks to their buy-to-let ranges this week. Landbay Landbay has cut two-year fixed rates

Real Estate

Cost of renting dramatically spikes in July

Rents rose by 20% in July across England, bringing the average price to £1,470, Goodlord’s Rental Index has revealed. They

Real Estate

Labour ups housebuilding target to 370,000

The Labour Party has increased the annual housebuilding target from its manifesto pledge of 300,000 to 370,000. This would bring

Real Estate

UK house prices on track for 2% increase in 2024

Zoopla expects UK house prices to rise by 2% over the course of 2024, as the market makes a moderate

Real Estate

Labour ‘considering’ raising Capital Gains Tax

It’s being speculated that the Labour Party could increase Capital Gains Taxes as a means of filling the hole in

Real Estate

Edinburgh’s growth labelled ‘inevitable’ due to unique circumstances

Edinburgh’s house price growth is inevitable due to its unique circumstances, according to Scotland’s largest lettings and estate agency DJ

Real Estate

Office market to undergo transformation as flexible workspaces gain popularity

Office landlords in the UK are going to significantly increase the amount of square footage in their builds that is

Real Estate

Rental platform offering three years of upfront rent raises funding

Rent2Cash, a startup offering up to three years’ rent to landlords, has closed on a €3 million pre-seed round. The

Real Estate

Small proportion of green belt land could gear up housebuilding

Some 1.5 million new homes would equate to using under 3% of the green belt, meaning the amount of land

Real Estate

Drones now being used for roof inspections

Drone technology is being utilised by block and estate managers LRPM in tandem with technology company Birds Eye View Aerial

Real Estate

Business rates tax system branded ‘broken’

Colliers has labelled the UK’s business rates tax system ‘broken’, because governments are losing out on millions of pounds of

Real Estate

Bellway to build homes in North Tyneside

A 539-home development is coming to Killingworth in North Tyneside, after Bellway and Banks Property acquired a 90-acre site. Bellway’s

Real Estate

Labour urged to use migration to tackle construction skills shortage

The Building Cost Information Service (BCIS) has called on Labour to address the skills shortage in the construction industry via

Real Estate

New homes launch in Worcestershire

Some 22 homes are being launched in Evesham, Worcestershire, by Kendrick Homes. Properties at ‘Maypole Place’ start at £295,000, while

Real Estate

Home insurance providers slammed in Which? Study

Insurance firms are handling claims slowly – as well as forcing customers to chase them, an investigation from consumer champion

Real Estate

Abolition of Section 21 notices

Jessica Harris, senior associate in the property department at Hunters Law. The new Labour government used the King’s Speech to

Real Estate

Auction sales rocket by 50% – but are they too risky?

An increased number of property investors are turning to auctions, but a property solicitor has warned people to do their

Real Estate

Build-to-rent scheme coming to Milton Keynes

Some 355 build-to-rent apartments are being delivered in Milton Keynes city centre. The 20-storey scheme will include studio, one, two

Real Estate

Renter satisfaction higher in PRS compared to social rental sector

Private renters are more satisfied with their accommodation than those in the social rented sector, the government’s English Housing Survey

Real Estate

King’s Speech: Rental rights are growing – how our government can make the new bill a success

Housing has been a priority since day one of the new Labour government, with its promised 1.5 million new homes

Real Estate

King’s Speech: Key housing policies unveiled

The Labour Party’s key policies around the private rented sector, leaseholds and new housing developments have been unveiled in the

Real Estate

Joe Biden pushes for soft rent controls across the US

US President Joe Biden has pledged to penalise big ticket landlords who increase annual rents by more than 5% per

Real Estate

More older people pushed into rental accommodation

The number of people renting between the age of 55 and 64 has risen by 80% in a single decade,

Real Estate

Law firm urges Labour to be persuasive and brave on grey belt

Labour’s new ‘grey belt’ initiative needs to be ‘persuasive’ due to the contentious nature of the policy. That’s according to

Real Estate

Development firm: Time to return to Major Developed Sites system

The new Labour government needs to bring back land designated as Major Development Sites (MDS), according to planning and development

Real Estate

London rents drop for two consecutive quarters

Rents in London have dropped for the second consecutive quarter – fuelled by strong reductions in SW14 Mortlake (-9%), W8

Real Estate

Surveyors optimistic about the housing market after the election

Over the next three months a net +20 of surveyors anticipate a recovery in residential sales, highlighting the positive effects

Real Estate

SME housebuilders urge for more planning funding

Over half (52.5%) of SME housebuilders have called on Labour to provide more funding for planning departments, a Knight Frank

Real Estate

Government urged to regulate agents in open letter

Estate agency and other property groups have written to new housing secretary Angela Rayner asking for regulation to be introduced

Real Estate

Investors see Edinburgh as hotspot

The vast majority of investors are open to investing in Edinburgh in the second half of 2024, research from Lismore

Real Estate

New development coming to southwest Hampshire

Planning permission has been granted for the building of 164 homes on the edge of New Milton in southwest Hampshire.

Real Estate

Landlord and tenant groups clash on working from home rules

Generation Rent and Shelter have slammed the growing trend of landlords banning their tenants from working from home. As reported

Real Estate

The future of Islamic finance in the UK

After launching Islamic buy-to-let products into the market, PropertyWire speaks to Sultan Choudhury OBE, executive chairman at Offa, about the

Real Estate

Generation Rent bemused by ‘safer renting’ scheme anxiety

Campaign group Generation Rent has defended ‘safer renting’ schemes from councils, saying their purpose is to raise standards without fining

Real Estate

infinitSpace launches flexible workspace in Amsterdam

Flexible workspace provider infinitSpace has launched a third Dutch location, ‘beyond Gouden Bocht’, in Amsterdam. This followed a management agreement

Real Estate

Landlord returns have dropped by 45% since 2020

A property investor taking out the average buy-to-let mortgage is earning £4,000 less a year per property compared to 2020,

Real Estate

Housing targets reinstated – PropertyWire

The Labour Party has reintroduced housing targets, as it targets the construction of 1.5 million homes in England over the

Real Estate

Matthew Pennycook is new housing minister

The Labour Party has made Matthew Pennycook, the MP for Greenwich and Woolwich, its housing minister. Pennycook has been shadow

Real Estate

First-time buyers surprisingly unaware of Help to Buy

Some 88% of first-time buyers are unaware of Help to Buy according to Barratt Homes, suggesting the next government needs

Real Estate

Property firms should brace themselves for calls about Stamp Duty if Labour wins

Agents should expect a spike in calls after the election is called, as stamp duty thresholds are called into question.

Real Estate

Real estate has a mental health issue

People working in the real estate industry have the highest occurrence of mental health issues of any industry, research from

Real Estate

Can Labour’s ambitious green energy agenda become reality by 2030?

With a new Labour government now in power, what does it mean for the energy industry? Laurence Lacey, a partner

Real Estate

Angela Rayner replaces Michael Gove as housing secretary

Angela Rayner has been appointed levelling up secretary, a role commonly also known as housing secretary. She replaced the outgoing

Real Estate

Angela Rayner mindful of court system in scrapping Section 21

Newly appointed housing secretary Angela Rayner has acknowledged that the abolition of Section 21 evictions needs to be accompanied by

Real Estate

2 million UK renters don’t have a smoke alarm

Just over 2 million people in rented accommodation don’t have a fitted smoke alarm, amounting to a huge 17% of

Real Estate

Conservatives vs Labour: Housing plans and proposals

Who should you vote for in today’s election between Labour and the Conservatives? Lettings platform Goodlord compares the housing polices of

Real Estate

Economist cynical about Labour’s ‘lofty’ housebuilding ambitions

An economist from the Building Cost Information Service (BCIS) has poured scorn on Labour’s ambitious housebuilding plans, saying they have

Real Estate

Labelling Labour as “hard-left” tax grabbers is pure fiction

It’s been a strange General Election campaign. Rishi Sunak has cut an exhausted figure as he defends the Conservative record

Real Estate

Rental growth accelerates with 4% increase in single month

Rents rose by more than 4% month-on-month between May and June – from £1,183 to £1,225, Goodlord’s Rental Index has

Real Estate

Alan Cleary named Chair of Chetwood Financial’s Mortgage Advisory Board

Alan Cleary, the renowned mortgages expert who has more than 30 years’ experience in the industry, has been appointed as

Real Estate

Serendipity Labs’ new Bristol workspace opens with NCG to deliver enterprise-grade technology

Serendipity Labs, a leading international flexible office and coworking provider, has selected digital infrastructure specialist NCG as their connectivity provider

Real Estate

Five flats producing £40,000 rental income in Birmingham up for auction

A property in one of Birmingham’s prime suburbs where five self-contained flats produce rents of nearly £40,000 a year is

Real Estate

Haringey has fined landlords over £100,000 so far in 2024

Haringey Council has so far issued fines totalling £108,000 to landlords and letting agents who have failed to license their

Real Estate

Shawbrook loosens lending criteria for professional landlords

Shawbrook Bank has boosted its offering to professional landlords by expanding lending criteria for MUFBs, industrial properties and social housing.

Real Estate

Residents unaware of radon risk in their home

Just one in five UK residents is aware of the potential health risks of radon gas, a leading cause of

Real Estate

UK house prices ‘8% over-valued’, says Zoopla

UK house prices are currently 8% over-valued – but this phenomenon should be over by the end of 2024, Zoopla

Real Estate

Leasehold Reform Act could take years to come into force

Measures in the Leasehold Reform Act may not be operational until 2028, a property lawyer has warned. The law scraps

Real Estate

Property activity rises despite General Election

Properties are changing hands more than last year, signalling that buyer appetite has stayed at a moderate level despite the

Real Estate

Landlords have little faith in housing policy ahead of the General Election

A large number of landlords don’t think much to any party’s approach on housing, signalling that they might end up

Real Estate

Councils slammed for hammering holiday lets over empty homes

The Short Term Accommodation Association has accused councils of cracking down on short-term rental stock rather than concentrating on bringing

Real Estate

How holiday let landlords can prepare for new regime

The holiday let regime is being replaced on April 5 2025, as the UK government looks to put landlords who

Real Estate

Trade body urges government to review loan-to-income mortgage limits

The Intermediary Mortgage Lenders Association (IMLA) has called for regulators and the next government to review loan-to-income limits on mortgage

Real Estate

The impact of the Leasehold and Freehold Act on local authorities

By Jeremy Dharmasena, head of leasehold reform & litigation, Knight Frank, part of the Association of Leasehold Enfranchisement Practitioners (ALEP)

Real Estate

Office landlords risking closure – PropertyWire

More than one in seven office landlords are at risk of closing in the next five years due to affordability

Real Estate

IFS blasts political parties for avoiding “painful choices” on tax and spending

Think tank the Institute for Fiscal Studies has accused both Labour and the Conservatives of failing to acknowledge that either

Real Estate

Tenants back rent controls – PropertyWire

Over half of private renters (55%) think the government should introduce rent controls, putting them at odds with the majority

Real Estate

With the looming possibility of a socialist government in a few weeks’ time, how will it affect the residential property market?

By Trevor Abrahmsohn, Glentree International Well, well, well, who would have ‘thunk’ it? In December 2019, when Boris Johnson came

Real Estate

What due diligence should you carry out when purchasing land for development?

Yulia Barnes, the founder and managing partner of Barnes Law Land and property are among the few assets that typically

Real Estate

Landlord frustration as court fees rise despite egregious wait times

The cost of court fees rose by 10% in May, rubbing salt in the wounds for landlords frustrated by the

Real Estate

For-profit housing providers set to have bigger impact on UK market

Institutional investors and for-profit registered providers are expected to triple their portfolios of affordable housing to over 86,000 by 2028,

Real Estate

Trade body calls for regulation on housing ventilation

The Property Care Association wants regulatory action to shield householders from the dangers of damp and mould in their homes.

Real Estate

Scottish housing minister backs rent controls ‘that work for landlords and investors’

Scottish housing minister Paul McLennan has targeted having rent controls that still enable landlords and investors to benefit from housing.

Real Estate

Political parties must shift focus to rental supply, says NRLA

The National Residential Landlords Association has accused the main political parties of failing to come up with solutions to the

Real Estate

Tenants cutting back on food and heating due to 30%+ rent rises

Tenants who’ve recently moved house are struggling to cope with higher rental costs, according to a survey from The Deposit

Real Estate

Inflation reaches 2% target – PropertyWire

The annual inflation rate fell to 2% in May, meaning it’s finally reached the Bank of England’s long-term target. This

Real Estate

Development land – when should I sign a land promotion agreement?

Jane Gunnell, commercial property solicitor at law firm landy & Blandy, explains the role of a land promotion agreement and

Real Estate

Which? slams ‘unreliable’ EPCs – PropertyWire

Energy Performance Certificates (EPCs) are commonly inaccurate and ignore times where homeowners have installed insulation into their properties, a Which?

Real Estate

Leaseholds set for further reforms

Whichever party gets into government in the upcoming General Election, more leasehold reforms are on the cards. The Leasehold and

Real Estate

Mortgage delays and property chains blamed for most gazumping cases

Homebuyers are being gazumped due to lengthy property chains and delays in getting a mortgage, new research from Market Financial

Real Estate

Generation Rent: Capital Gains tax break should give discount to tenants

The Generation Rent activist group says landlords should sell to their tenants at a discount if they are getting a

Real Estate

115 homes coming to Welsh town

Developer Lovell and housing association Pobl Group have started on a £28.65 million development in Haverfordwest, a historic county town

Real Estate

Labour sparks fears by pledging to ‘immediately’ scrap Section 21

The Labour Party has pledged to abolish Section 21 evictions ‘immediately’ in its manifesto, prompting anxiety amongst property groups. Section

Real Estate

Labour Party manifesto – summary and reaction

Housing targets The Labour Party pledged to build 1.5 million new homes over the course of the parliament. While this

Real Estate

Green Party pledges rent controls, insulation and heat pump spending

The Green Party has unveiled its party manifesto, which includes a plan to control rents. Any MPs elected for the

Real Estate

Conservatives to scrap CGT tax for landlords selling to tenants – but could it create a dangerous loophole?

The Conservative Party would cut scrap Capital Gains Tax in situations where landlords sell to their tenants. This tax cut

Real Estate

Conservative manifesto shows party ‘out of ideas’

Simon Gerrard, managing director of Martyn Gerrard Estate Agents, responds to the Conservative Party’s manifesto These proposals by the Conservatives

Real Estate

Conservatives pledge to relaunch Help to Buy

Rishi Sunak PM has vowed to launch a “new and improved” version of the Help to Buy equity loan scheme

Real Estate

Property investors and a Labour government

Ritchie Clapson, co-founder, propertyCEO For many, a weekend of sunny weather in May marked the start of summer. Yet, in

Real Estate

Conservatives pledge to retain first-time buyer stamp duty cut

The Conservative Party would permanently cut stamp duty for first-time buyers if re-elected, it’s being widely reported. As it stands

Real Estate

Permanent £425k stamp duty threshold would mostly aid southerners

First-time buyers in the South of England who buy costlier properties would be the real winners if the minimum stamp

Real Estate

Energy bills to remain high for six years

Energy bills are expected to remain high for at least six years, owing to delays to the construction of nuclear

Real Estate

Legal & General’s build-to-rent development opens to first residents

The first 400 residents have moved into Legal & General’s £400 million build-to-rent development in Wandsworth, London. New Acres is

Real Estate

Labour to launch Help to Buy-style ‘Freedom to Buy’ scheme

The Labour Party plans to bring forward a permanent version of the Help to Buy mortgage guarantee scheme – dubbed

Real Estate

Nottingham waterside building to be converted into build-to-rent

Nottingham’s Grade II listed former British Waterways warehouse is being transformed into a build-to-rent residential scheme. The £13 million project

Real Estate

HomeLet CEO slams government and says rental demand “out of control

Demand for rentals is once again out of control this summer, as HomeLet’s chief executive Andy Halstead hit out at

Real Estate

Councils failing to inspect hazardous housing

Just a third of complaints raised by renters about potentially hazardous properties led to an inspection, highlighting that some rogue

Real Estate

The ECB cuts rates – could the BoE follow suit?

The European Central Bank has cut its key deposit rate by 0.25% to 3.75%. This is the first rate cut

Real Estate

NCG partners with Locale to strengthen the occupier experience across UK commercial real estate

Digital infrastructure specialist NCG has partnered with UK’s leading occupier experience platform, Locale, to allow commercial landlords to create smarter

Real Estate

Mortgage lender for over-50s ups max loan values

LiveMore has increased the maximum loan value across its core range of products from £1 million to £1.25 million. The

Real Estate

Butterfield Mortgages appoints Ashley Titley as Relationship Manager

Prime mortgage lender Butterfield Mortgages has appointed Ashley Titley as a new Relationship Manager. Titley has worked in the property and mortgage

Real Estate

Multiple Dwellings Relief ends – what this means

The abolition of Multiple Dwellings Relief for stamp duty has come into force, meaning investors who buy properties in bulk

Real Estate

More landlords investing in semi-commercial properties

Investors are increasingly buying semi-commercial properties – as applications with one lender have doubled in 2024 compared to 2023. So

Real Estate

Molo buy-to-let mortgage rates up by 0.33%

Molo Finance now offers buy-to-let rates from 4.72% for a 2-year fixed rate mortgage to 75% LTV, following a series

Real Estate

Rents heat up ahead of the summer

Rents rose to seven-month high of £1,183 in May, rising by 6.4% year-on-year, Goodlord’s Rental Index has revealed. The average

Real Estate

Tech most important when businesses are choosing a flexible workspace, study finds

Three in ten (31%) senior decision-makers within UK businesses view the technology available in a flexible workspace as the most

Real Estate

Pet charity to continue fighting after Renters Reform Bill abandonment

East Midlands pet charity AdvoCATS has vowed to fight on after the Renters Reform Bill was dropped due to the

Real Estate

Scottish Housing Podcast launches – PropertyWire

A podcast has launched featuring interviews with politicians, economists, and industry insiders in Scotland. It is hosted by BBC Scotland

Real Estate

House prices tend to rise after elections

House prices have risen by an average of 4.6% in the 12 months after UK General Elections, research by Compare

Real Estate

We need to keep building towards sustainability

The construction sector should not use the Scottish government’s abandonment of its interim climate change target to slow its commitment

Real Estate

John Lewis calls for brownfield development zones to boost supply

John Lewis has urged for the next government to use brownfield development zones to speed up planning and deliver more

Real Estate

Housing supply at eight-year high

Supply of homes for sale is 20% higher than this time last year, with £230bn worth of housing for sale,

Real Estate

Haringey couple fined £10k fine for unlicensed HMO

A landlord couple have been fined £10,000 in Haringey after failing to license their property. What was originally a family

Real Estate

Investors lean Conservative but feel “everyone is anti-landlord”

Landlords favour voting Conservative in the upcoming election but many are undecided – feeling that neither party represents their interests,

Real Estate

Leasehold and Freehold Reform Bill receives Royal Assent

The Leasehold and Freehold Reform Bill has been granted Royal Assent after being rushed through the House of Lords on

Real Estate

Irresponsible to let the Renters Reform Bill die

It seems like Rishi Sunak has pulled the rug under everyone’s feet with the timing of the General Election on

Real Estate

Expert reacts to ‘piecemeal’ Leasehold and Freehold Reform Bill

Mark Chick is director of  the Association of Leasehold Enfranchisement Practitioners (ALEP), which specialises in lease extension, freehold acquisition and

Real Estate

Where is the Residential Property Market going – up, down, or sideways?

By, Trevor Abrahmsohn, Glentree International Market commentary must be so confusing for ‘the man on the Clapham omnibus’. If I’m

Real Estate

Renters (Reform) Bill in danger of being killed off by General Election

The Renters’ (Reform) Bill will be lost unless it’s rushed into legislation before parliament is dissolved on the 30th May.

Real Estate

Industry disappointed in ‘death’ of Renters (Reform) Bill

The Renters (Reform) Bill is now unlikely to pass after it wasn’t heard in parliament on Friday. This has caused

Real Estate

Michael Gove quits ahead of General Election

Housing Secretary Michael Gove has stepped down as a member of parliament after Prime Minister Rishi Sunak called for a

Real Estate

Knight Frank downgrades prime house price expectations

Knight Frank expects prime central London house prices to fall by 1% this year, down from a prediction of a

Real Estate

Leasehold and Freehold Reform Bill rushed through the Lords

The House of Lords has voted to pass the Leasehold and Freehold Reform Bill in a last-minute scramble. The rushed

Real Estate

Industry looks forward to clarity in upcoming general election

Property commentators are pleased we’re heading for a summer general election, given that it’s likely to give the industry clarity

Real Estate

Farm building conversions given green light thanks to changing regulations

New permitted development rights (PDR) now allow for the conversion of unused buildings into homes, shops, cafés, sports facilities and

Real Estate

Rishi Sunak calls 4 July election

Prime Minister Rishi Sunak has called for a surprise general election on the 4th July. Sunak made a statement outside

Real Estate

House of Lords group frustrated by government on lettings regulation

The government has been blasted by a House of Lords group for failing to discuss lettings regulation, despite launching a

Real Estate

HMRC cracking down on Airbnbs

HM Revenue and Customs probed into nearly 2,000 holiday let landlords in 2023-24, a 20-fold increase on 2021-22. The figures,

Real Estate

Labour split on rent controls

The Labour Party is considering controlling rents in certain hotspots according to shadow chancellor Rachel Reeves – despite it not

Real Estate

Renewing tenants experience steep rent rises

Tenants renewing an existing contract to stay in the same property are seeing their rent begin to catch up with

Real Estate

Andy Burnham to ramp up battle with rogue landlords in Manchester

Newly re-elected Mayor of Manchester Andy Burnham has committed to spending £600,000 of council tax money on a range of

Real Estate

New shared ownership homes launching in London

Housing provider SO Resi is launching a 37-home shared ownership scheme in London’s Canning Town. The range of one to

Real Estate

China’s real estate market continues to influence the global stage

by Tasos Stavrou, vice president at LeadingRE The international real estate sector is closely monitoring the movements of Chinese investors

Real Estate

Pennyfarthing and VIVID to construct 106 homes in The New Forest

Pennyfarthing Homes has created a partnership with VIVID to construct 106 affordable homes within its development in Fordingbridge, Hampshire. VIVID

Real Estate

Inflation set to fall to 2% target

The inflation rate is expected to drop to 2% in the second quarter of 2024 in next week’s figures, finally

Real Estate

Wolverhampton the best area to start a renovation project

Wolverhampton has been identified as by flooring specialists Mr Sander as the best place to start a renovation project in

Real Estate

Vista Tower freeholder hits back at government for “moving the goalposts” in cladding case

The freeholder behind Vista Tower in Stevenage has expressed frustration with the government after it labelled a court decision on

Real Estate

UK construction dives by 21% in 2024

Weak economic conditions mean construction project starts have fallen by 21% in 2024 compared to 2023 levels – concerning given

Real Estate

50% of tenant moves caused by landlord sales

Half of tenants vacating a property last year had to do so because their landlord wanted to sell their property,

Real Estate

Government wins landmark cladding case in Stevenage

The government has won a legal case which forces the freehold owner of a 16-storey tower block to remediate unsafe

Real Estate

Plans to criminalise homeless people dropped

The government has dropped plans to criminalise homeless people for “nuisance begging” or because of “excessive” smells, owing to a

Real Estate

Asda to enter housing market with 1,500 home development

Supermarket chain Asda is entering the housing market with a mixed-use redevelopment project near London’s HS2 depot. The project, in