Paul Geddes appointed as Lomond chief executive
Paul Geddes, former chief executive of Evelyn Partners and Direct Line, has been appointed as the new chief executive of Lomond, one of Britain’s largest estate agency groups. The appointment…
UK residential auction supply rises as success rates dip
UK residential auction supply increased in May 2026, though success rates declined slightly as buyer demand failed to keep pace with the growing number of properties coming to market. Data…
£21m loan facility supports Cardiff office acquisition
FRP Real Estate Advisory has arranged a £21 million commercial acquisition loan facility with Shawbrook Bank to support the purchase of an office building in central Cardiff. The transaction enabled…
Paragon backs £13.3m Chester care home development
Paragon Development Finance has provided £13.3 million in development finance to North Bay Group for the construction of a 75-bed care home in Chester. The facility on Boundary Lane is…
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…
Central banks hold rates as Iran deal eases inflation
Central banks in the US and UK are expected to maintain interest rates this week following a Middle East peace deal that analysts predict will reduce inflationary pressures through lower…
Renting versus buying in prime London property market
High stamp duty rates are prompting wealthy buyers to reconsider renting rather than purchasing property in London’s prime market, according to industry analysis. Non-UK residents purchasing additional property in London…
Cleaning disputes dominate tenancy deposit claims
Cleaning-related issues accounted for 29.37% of all tenancy deposit disputes in 2025, marking the fifth consecutive year that cleaning has been the primary cause of disagreement between landlords and tenants,…
Vistry cuts house prices by up to 17% amid cash pressures
Major housebuilder Vistry has reduced prices on some properties by more than £100,000, with discounts reaching 17% as the company seeks to improve cash generation and reduce debt levels. Analysis…
UK house price growth forecast to slow to 0.7% in 2027
House price growth in the UK is expected to slow significantly over the next 18 months, with higher mortgage costs and a weakening economy dampening demand, according to the Item…