The Financial Conduct Authority has published proposals to reform mortgage lending rules, aiming to expand access for first-time buyers, self-employed workers and older borrowers. The regulator said the changes would…
The government will introduce a £250 annual cap on residential ground rents in England and Wales by late 2027, a year earlier than previously planned, following pressure from MPs and…
More than half of first-time buyers in the UK require financial support from family members to purchase their first property, according to research published by Savills. The data reveals that…
Homebuyers in the UK are now allocating 21.3% of their gross household income to initial mortgage repayments, marking the highest proportion since the 2008 financial crisis, according to new data…
Growing environmental restrictions on air conditioning in new residential developments have sparked debate about the balance between sustainability goals and housing delivery, according to a North London estate agent. Trevor…
A Liverpool-based estate agency has launched a free AI-powered property valuation service that aims to address what its founders describe as widespread overpricing in the UK housing market. Howsold, an…
A Leeds-based letting agency has terminated an employee following the emergence of a recording in which the staff member appears to discuss filtering out prospective tenants who claim benefits. The…
A private school group has secured £1.75 million in bridging finance against a block of buy-to-let flats in West Kensington to address liquidity pressures stemming from VAT changes in the…
OakNorth has provided £11.7m in development finance to Cinch Self Storage to fund two purpose-built facilities in Bedford and Leeds, adding more than 120,000 sq ft of lettable space to…
London estate agency Dexters has acquired Fraser & Co, adding four London offices and a Hong Kong presence to its existing network. The deal brings more than 30 employees into…