Bridging lender completes £200k loan for Leicester office scheme
A £200,000 commercial bridging loan has been arranged for the conversion of a Grade II listed former school in Leicester into six detached office units, after a high street bank…
Leasehold reform campaign gains momentum in England and Wales
Three homeowners from Cheshire who faced significant financial burdens due to leasehold arrangements on new-build properties have led a campaign that could result in substantial changes to the leasehold system…
Peterborough landlord fined £13,936 for safety breaches
A Peterborough landlord has been fined £13,936 and faces inclusion on the Rogue Landlord Database following convictions for multiple housing offences, including failure to address serious safety hazards and operating…
Bank of England rate decision uncertain after ECB hike
The Bank of England faces renewed uncertainty over its interest rate decision this week following the European Central Bank’s move to raise borrowing costs, creating implications for UK mortgage rates…
Rent increases drop 23% following Renters’ Rights Act
The number of tenants experiencing rent increases has fallen by 23% in the first month following the introduction of the Renters’ Rights Act, according to new data from Hamptons. Analysis…
June house prices record largest monthly drop since 2012
Average asking prices fell by 0.6% in June, marking the largest monthly decline for the time of year since 2012, as sellers adjusted pricing expectations amid high levels of competition…
Rental bidding ban requires landlords to revise pricing
Landlords and letting agents are being advised to exercise greater care when setting asking rents following the implementation of a ban on rental bidding wars, according to regulation expert Zach…
UK asking prices fall £2,100 in biggest June drop since 2012
Average asking prices for newly listed homes fell by £2,113 in June, marking the largest decline for the month in 14 years, according to data from Rightmove. The property portal…
Paragon finances 71-bed care home in Birmingham
Paragon Development Finance has provided funding to MACC Care Properties for the acquisition and development of a 71-bed care home in Birmingham. The brownfield site on Shaftmoor Lane in Hall…
Letting agent complaints rise 47% amid regulatory pressure
Complaints against letting agents in the UK increased by 47.4% in 2025, rising to 4,220 from 2,863 the previous year, according to analysis by tenant onboarding platform Propoly. The sharp…