Bridging loan funds Kent buy-to-let acquisition
StreamBank has provided a £642,000 bridging finance facility for the acquisition and refurbishment of two buy-to-let properties in Kent, secured against three properties with a combined value of approximately £1.525…
Converted school properties listed across England, Scotland
Five former school buildings converted into residential properties have been listed for sale across England and Scotland, with prices ranging from £500,000 to £1.795 million. In De Beauvoir Town, London,…
Norwich estate agency opens second branch after 18 years
An independent Norwich estate agency has opened a second branch 18 years after launching its first office, marking a notable expansion for the family-run firm. Property Ladder, operated by brothers…
Eviction notices surge 27% ahead of Section 21 abolition
More than a quarter of tenants were served eviction notices in the month before the Renters’ Rights Act came into force on 1st May, according to new data from property…
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…
Zoopla calls for stamp duty threshold reform to £500,000
Zoopla’s executive director has proposed raising the 5% stamp duty threshold to £500,000, a move that would reduce transaction costs by up to £12,500 for property buyers in southern England.…
Property sales agreed fall 8% as new listings hit record
Property sales agreed in the UK fell 8% in May compared to the same period last year, according to new data from TwentyEA, though the decline was offset by a…
Committee calls for landlord support from £5bn fund
The Committee on Fuel Poverty has recommended that private landlords receive targeted support from the Government’s £5 billion Warm Homes Fund to help meet proposed Energy Performance Certificate (EPC) requirements…
Buy-to-let returns lag equities, Rathbones reports
Residential property investment no longer delivers the returns that characterised previous decades, according to a report from investment management firm Rathbones. The wealth manager’s latest analysis, titled Don’t Bet the…