South-facing gardens command £20,000 premium despite heat
South-facing gardens continue to command a price premium of approximately £20,000, or 7%, despite homeowners increasingly avoiding outdoor spaces during recent heatwaves, according to research from estate agent Yopa. The…
CJ Hole relocates Burnham-on-Sea branch to new premises
Estate agency CJ Hole has relocated its Burnham-on-Sea branch to new premises in Somerset, marking the 12th office for franchise owner Chris Hill across Bristol, North Somerset and South Gloucestershire.…
Specialist lender provides £2.85m exit loan in North Yorkshire
Glenhawk has completed a £2.85m development exit loan in North Yorkshire, refinancing an existing development facility on a completed residential property. The transaction provides the borrower with additional time to…
Prime London property market faces political uncertainty
The UK housing market faces a period of political uncertainty following Prime Minister Andy Burnham’s recent speech outlining housing policy proposals, according to analysis from Knight Frank. Burnham’s address included…
Landlords face £7,000 fines over overheating hazards
Landlords in England could face fines of up to £7,000 per hazard if they fail to address overheating risks in rental properties, as local councils exercise enhanced enforcement powers introduced…
Scotland outpaces inflation in long-term property growth
Scotland has emerged as the only UK nation where average property price growth has consistently exceeded inflation since 2005, according to data from the Office for National Statistics House Price…
UK property offers decline 6% as buyers become selective
The proportion of properties securing offers within six months has fallen by 6 percentage points compared to the same period last year, according to data from Connells Group. In January…
Major property firms announce research leadership changes
Three major property firms have announced senior appointments and promotions across research and operational roles, signalling strategic shifts in their leadership structures. Research leadership appointments BNP Paribas Real Estate has…
Major lenders cut mortgage rates as swap rates fall below 4%
Several major UK lenders have announced rate reductions on mortgage products as falling swap rates increase competition in the lending market. Nationwide has cut selected fixed-rate mortgages by up to…
Process reforms could release 260,000 homes to market
More than 260,000 owner-occupied homes could enter the market within a year if reforms to the homebuying process reduce uncertainty over transaction times, according to research from Jackson-Stops. The estate…