Bath council warns enforcement funding relies on fines
Bath and North East Somerset Council has raised concerns that enforcement of the Renters’ Rights Act will need to be funded through fines and prosecutions of non-compliant landlords, rather than…
Bridging lender restructures £525k North London deal
Pallas Capital has provided a £525,000 bridging finance facility for the acquisition and refurbishment of a residential property in North London, the lender has confirmed. The 12-month loan was structured…
Atelier provides £12.5m for 37-home Matlock development
Atelier has provided £12.5 million in development finance to support the construction of 37 homes in Matlock, Derbyshire. The facility will fund a residential scheme comprising 26 private homes and…
Dutch investors secure £1.4m bridge for Bristol farmhouse
Specialist lender Glenhawk has provided £1.4 million in bridging finance to Dutch property investors acquiring a farmhouse and holiday let cottage complex in Bristol. The facility was arranged through broker…
Property auctions generate disproportionate complaints
Property auctions account for just 2% of home sales in the UK but generate more than four times their proportionate share of complaints, according to new data from The Property…
UK property market shows regional divergence amid geopolitical uncertainty
National property market indicators show resilience despite global economic pressures, but performance varies significantly by region and property type, according to analysis of the latest market indices. Data for May…
High-value property sales face increased legal complexity
Transactions involving high-profile residential properties have become significantly more complex due to regulatory changes and public scrutiny, according to legal experts advising on super-prime sales. Recent transactions, including Nick Candy’s…
London rental growth stable despite new legislation
London landlords have maintained consistent rental growth rates following the introduction of the Renters’ Rights Act, according to new data from Benham and Reeves. Rents in the capital increased by…
Tenant unions launch online tool to challenge rent increases
The London Renters Union has launched an online tool to assist tenants in challenging rent increases under powers introduced by the Renters’ Rights Act. The initiative, branded as the Resist…
Think tank proposes National Insurance on rental income
The New Economics Foundation has called on the Labour government to extend National Insurance contributions to landlords’ rental income, a measure the think tank estimates could generate £3.2 billion in…