UK asking prices fall £2,100 in biggest June drop since 2012
Average asking prices for newly listed homes fell by £2,113 in June, marking the largest decline for the month in 14 years, according to data from Rightmove. The property portal…
Manchester developer secures £2.66m bridging finance
Recognise Bank has provided a £2.66 million bridging finance facility to a regional property developer for a redevelopment site in Burnage, Manchester. The 12-month loan was arranged at 65% loan-to-value…
Paragon finances 71-bed care home in Birmingham
Paragon Development Finance has provided funding to MACC Care Properties for the acquisition and development of a 71-bed care home in Birmingham. The brownfield site on Shaftmoor Lane in Hall…
Letting agent complaints rise 47% amid regulatory pressure
Complaints against letting agents in the UK increased by 47.4% in 2025, rising to 4,220 from 2,863 the previous year, according to analysis by tenant onboarding platform Propoly. The sharp…
Landlord void costs rise 12.9% as vacancy periods hit returns
The cost of void periods between tenancies has increased by 12.9% year-on-year, rising from £1,005 to £1,135, according to research by property management firm Rushbrook & Rathbone. The analysis, which…
Government to publish property reform roadmap this year
The government will publish a roadmap detailing reforms to the homebuying and selling process later this year, housing minister Matthew Pennycook has confirmed. Pennycook made the commitment in response to…
Inner London property prices fall 8.7% as flat market weakens
Property prices across London have declined by 3.6% year-on-year, with the steepest falls concentrated in higher-value inner boroughs, according to new data from E.surv. The analysis reveals a widening performance…
Tim Robinson to succeed Stephen Clifton as Knight Frank UK head
Knight Frank has appointed Tim Robinson as its next UK Managing Partner, succeeding Stephen Clifton who will retire from the partnership in March 2027. Robinson, who has spent more than…
Tower Hamlets issues three-year bans to landlords
Tower Hamlets Council has secured three-year banning orders against a property management company and its two directors following serious housing offences at an overcrowded property in Poplar, east London. R&G…
Riyadh residential market expands amid Vision 2030 reforms
Riyadh’s residential property market is undergoing significant transformation as Saudi Arabia’s Vision 2030 programme drives infrastructure development, regulatory reform and international investment into the capital. The city is experiencing growth…