New bridging lender launches – PropertyWire
A bridging lender has launched called Momentus Capital from Dani Spitzer, who has experience in private banking. The lender has secured a £100 million facility, while it will focus on…
Buy-to-let revival in Q1 as activity surges
There’s been a 38.6% increase in buy-to-let loans issued in the first quarter of 2025 year-on-year, the Buy-to-let Mortgage Market Update from UK Finance has revealed. Average buy-to-let rates have…
Landlords failing to ask leaseholders before starting works
Landlords are routinely failing to carry out Section 20 consultations, where landlords should consult leaseholders before starting major works. The Leasehold Advisory Service (LEASE), a government-funded advisory body providing trusted,…
More children living in temporary accommodation
The number of households with children living in temporary accommodation has surged in the past year, worrying government statistics show. There were 83,150 households with children in temporary accommodation in…
Claim – Renters’ Rights Bill a goldmine for letting agents
The Renters’ Rights Bill is an opportunity rather than an obstacle for thousands of letting agents, according to Sally Lawson, managing director and founder of Agent Rainmaker. She reckons the…
Rents rising faster than mortgage payments
Private renters are seeing costs rise at a faster rate than mortgaged homeowners, analysis from Zoopla has revealed. In the past three years the average mortgage repayment has risen by…
London hotel demand drops in face of global headwinds
The money hotels made per available room has dropped by 2.4% year-on-year in London, suggesting economic uncertainties are putting the lid on tourism. After a period of boosted spending power…
Nottingham build-to-rent development unveiled – PropertyWire
Some 104 single family rental homes will launch in Bilborough, Nottingham, in a scheme called Chingford Meadows. There will be 70 three-bedroom homes and 24 four-bedroom homes. The first homes…
Government warned that upward-only rent reviews could damage confidence
The government’s plan to ban upward-only rent reviews for commercial leases has the potential to significantly unsettle the UK’s commercial property market, according to warnings. The clauses mean landlords can…
Luton landlords still battling the council on licensing schemes
Luton Council is battling with landlord groups over the creation of a selective licensing scheme across the town and an additional licensing scheme in the south ward. Campaign group Luton…