£950k bridging loan funds £2.7m Menai Strait development
A two-property development on Beach Road overlooking the Menai Strait in Wales has achieved a gross development value of £2.7 million following £950,000 in development funding from Charles Street. Developer…
Canterbury commercial property secures £1.5m bridging loan
Recognise Bank has provided a £1.5 million bridging loan for the acquisition of a multi-building commercial property in Canterbury, Kent, comprising several interconnected terraced properties including Grade II listed buildings…
Goodlord removes guidance on tenant information sheet
Property technology firm Goodlord has removed content from its website after publishing inaccurate guidance on the mandatory tenant information sheet required under the Renters’ Rights Act. The error was identified…
Nottingham licensing scheme claims £4.62 return per £1 spent
Nottingham City Council has published a Social Return on Investment study claiming its landlord licensing schemes generated £114.9 million in social value from a £24.9 million investment between 2020 and…
Fragmented data systems increase costs for landlords
Disconnected property data systems are creating operational risks and increasing costs for landlords as new compliance requirements take effect, according to industry analysis. The Renters’ Rights Act and Making Tax…
Saudi Arabia opens property market to foreign buyers
Saudi Arabia has introduced a legal framework allowing foreign nationals to purchase property in designated zones across the Kingdom, marking a significant shift in one of the world’s largest real…
Scotland launches £10,000 shared equity scheme for buyers
The Scottish Government has launched a shared-equity scheme offering interest-free loans of £10,000 to first-time buyers, aimed at addressing deposit barriers in the property market. The First Homes Fund will…
PRS database to enable council enforcement from 2026
The government’s Private Rented Sector (PRS) Database will function as a monitoring and enforcement tool for local authorities under the Renters’ Rights Act, according to a newly published policy paper.…
Franchise group sees growth from Renters’ Rights Act
The Property Franchise Group (TPFG) has identified the Renters’ Rights Act as a potential growth driver, reporting increased enquiries from landlords seeking professional property management services ahead of the legislation’s…
Jones Robinson acquires lettings portfolio from rival firm
Jones Robinson has acquired the managed lettings portfolio of Marlborough-based Kate’s Estates following the retirement of founder Kate Deakin, expanding the independent agency’s presence across Wiltshire. The transaction transfers landlords…