Property complaints rise 47% as market uncertainty grows
Property complaint enquiries increased by 47% in 2024, according to data released in a redress scheme’s annual report, although the average complaint rate per member remained stable at just over…
Senior appointments at Savills, Cushman and OneDome
Three property sector firms have announced senior appointments and a retirement, reflecting ongoing restructuring in the UK lettings and mortgage advisory markets. Savills appoints Edinburgh lettings head Savills has appointed…
Construction costs to inflate by 14% in five years
It’s expected that building costs will increase by 14% over the next five years, the Building Cost Information Service (BCIS) has predicted. As such, tender prices should rise by 5%…
How to check homes are safe
An expert has made five recommendations on ensuring homes are safe from damp and mould in response to a damning report by the Commons Housing, Communities and Local Government Committee.…
Buy-to-let investment shifts from South to North
Buy-to-let property investment has undergone a significant geographical shift over the past decade, with the Midlands and North now accounting for a larger share of purchases than the South, according…
Mansion tax valuation challenges raise property concerns
The implementation of England’s mansion tax faces significant valuation complications ahead of its April 2028 launch, according to property law experts. The Valuation Office Agency (VOA) has been tasked with…
Martin & Co Exeter franchisees acquire Cooksleys Estate Agents
The owners of Martin & Co’s Exeter franchise have acquired Cooksleys Estate Agents, doubling the size of their operation two years after entering the property industry. Rosie and Nik Davey…
Lender completes £1.38m bridging loan on Brixton units
Inspired Lending has arranged £1.38m in bridging finance secured against three vacant industrial units in Brixton, south London. The 12-month facility was structured at 55% loan-to-value against the interconnecting commercial…
Bridging lender completes £2.8m auction finance in 11 days
A commercial investor secured a £2.8m unregulated bridging loan to complete the purchase of two tenanted retail units in Newport, Isle of Wight, within 11 days of application, according to…
Seven ‘new towns’ sites unveiled
Construction of new towns is planned to start at three sites before the next general election takes place by 2029 at the latest. Some seven sites have been given the…