Scottish property changes hands the fastest
Over half (54%) of homes sold in Scotland last month went under offer within 30 days, Hamptons research has found. This represents an increase from 50% in May 2024, and…
Government withholds court and tribunal impact of Renters’ Rights Bill
The government is refusing to publish the Justice Impact Test for the Renters’ Rights Bill, a document outlining the legislation’s impact on the courts and tribunal system. The test is…
Belfast labelled best investment hotspot
Rental demand is outstripping supply in Belfast, with regeneration projects in the Titanic Quarter and high student populations fuelling activity. As a result, buy-to-let yields are among the highest in…
Scotland to implement EPC standards
If regulations go through Scottish properties will need to comply with a minimum EPC rating of C for newly let properties by 2028, the same target that could be imposed.…
Planning permissions drop year-on-year – PropertyWire
A decline in planning permission in England is threatening UK housebuilding targets, Investec research shows. In 2024 only 241,000 housing units received planning permission in England, a 3% decrease from…
Second home tax funding first-time buyer loans in Wales
A council is using a second homes tax to fund loans to first-time buyers in Pembrokeshire, Wales. The Homebuy Pembrokeshire scheme will provide a loan of up to 30% of…
Construction project starts on the rise
There was a 25% uptick in projects staring in the three months to the end of May, research from Glenigan has found. This represents a 10% increase on 2024 figures.…
US private equity firm makes big ticket UK student housing acquisition
Dallas-based private equity firm Lone Star Real Estate Fund VII has agreed to buy nine purpose-built student accommodation assets for £212 million. The seller is Unite Student, the UK’s largest…
Labour urged to prioritise infrastructure projects amidst slow start
The Building Cost Information Service (BCIS) has called on Labour to focus on detailed infrastructure projects to boost economic growth. These could include the building of new hospitals, roads, schools…
603 Bradford homes built on brownfield site
Two housing developments in Bradford have been completed from housebuilder Keepmoat, delivering 603 energy efficient properties. Both schemes were delivered by the developer in partnership with Bradford Council and three…