Close Brothers finances final phase of £120m development
Close Brothers Property Finance has provided development finance for the fourth and final phase of Kingsbury Park, a £120m GDV residential scheme in Lutterworth, Leicestershire, developed by Mulberry Homes. The…
UK build to rent investment hits £2.2bn in second quarter
Investment into the UK Build to Rent sector reached £2.2 billion in the second quarter of 2026, marking the strongest second quarter on record, according to research from Savills. The…
Websters acquires Watsons to enter North Norfolk market
Websters Estate Agents has acquired the residential sales business of Watsons in Sheringham, marking its entry into the North Norfolk coastal property market. The acquisition includes Watsons’ high street branch…
Devon estate agency Kivells transitions to hybrid EOT model
Kivells, a Devon-based property firm established in 1885, has transitioned to a hybrid employee ownership trust (EOT) structure that combines employee ownership with existing shareholder and senior management control. The…
Flat market recovery key to housing sector growth, says CEO
Restoring buyer confidence in flats is critical to revitalising the housing market, according to Andy Hill, CEO of Hill Group. Speaking to The Times, Hill noted that flats have historically…
Portsmouth landlords overturn council HMO licensing conditions
The Upper Tribunal has ruled that Portsmouth City Council exceeded its statutory powers by imposing blanket conditions on Houses in Multiple Occupation (HMO) licences without adequate justification, in a judgment…
Bank lending to smaller property investors drops 14%
Bank lending to small and medium-sized property firms has declined 14% over the past five years, falling from £216 billion in March 2021 to £186 billion in March 2026, according…
Landlord body opposes expanded HMO licensing powers
The National Residential Landlords Association (NRLA) has rejected recommendations from MPs that would make it easier for local authorities to introduce selective licensing schemes for houses in multiple occupation (HMOs).…
Government outlines landlord redress scheme framework
The Government has outlined the framework for a new landlord ombudsman scheme that would enable tenants to pursue complaints against private landlords without resorting to court proceedings. The proposed regulations,…
Deposit dispute highlights wear and tear challenges
A recent tenancy deposit adjudication case has highlighted the ongoing challenges landlords and tenants face in distinguishing between fair wear and tear and actionable damage at the end of a…