Wimbledon development secures £3m exit finance
Shawbrook Bank has completed a £2.98 million development exit loan for a nine-unit residential scheme in Wimbledon, with the transaction finalised in two and a half weeks from initial application.…
Rightmove faces £1.5bn court hearing in November
The Competition Appeal Tribunal has scheduled a hearing for 2nd and 3rd November 2026 in a £1.5 billion legal action against Rightmove, the UK’s largest property portal. The collective proceedings…
Stamp duty changes could add 168,000 property sales
Research commissioned by national home buying company Spring suggests that reforming stamp duty charges for property traders could increase UK housing transactions by up to 178% annually. The study, conducted…
Letting agent successfully challenges council licensing scheme
A letting agency has successfully challenged Charnwood Borough Council’s selective licensing conditions through the First-tier Tribunal, resulting in amendments affecting over 1,000 landlords in the area. AST Lettings Ltd brought…
UK property tax burden highest among major economies
The United Kingdom has the highest property tax burden among major economies, according to analysis by property tax specialist Ryan, with taxes equivalent to 3.7% of GDP. The data shows…
Reform UK proposes repeal of Renters’ Rights Act
Reform UK has announced plans to repeal the Renters’ Rights Act through a proposed ‘Great Repeal Bill’ if the party wins the next General Election, describing the legislation as a…
Birmingham letting agent reports 79% rise in new tenancies
A south Birmingham letting agent has reported a 79% increase in new rental properties added to its portfolio during the first four months of 2026, contrasting with wider market trends…
New build property prices decline across five UK regions
New build property prices have fallen across five UK regions between April 2024 and April 2025, according to data released by Propertymark, the trade body representing estate agents. The figures…
Letting agents face deposit compliance risk under new rules
Letting agents managing nearly 70% of England’s protected tenancy deposits may face compliance issues following changes introduced under the Renters’ Rights Act, according to analysis by a property accounting specialist.…
£3.5m finance secured for Ringwood Corn Exchange scheme
Pallas Capital has provided £3.54 million in development finance to support the conversion of The Corn Exchange in Ringwood, a building that has remained vacant for more than 20 years.…