Birmingham letting agent reports 79% rise in new tenancies
A south Birmingham letting agent has reported a 79% increase in new rental properties added to its portfolio during the first four months of 2026, contrasting with wider market trends…
New build property prices decline across five UK regions
New build property prices have fallen across five UK regions between April 2024 and April 2025, according to data released by Propertymark, the trade body representing estate agents. The figures…
Letting agents face deposit compliance risk under new rules
Letting agents managing nearly 70% of England’s protected tenancy deposits may face compliance issues following changes introduced under the Renters’ Rights Act, according to analysis by a property accounting specialist.…
£3.5m finance secured for Ringwood Corn Exchange scheme
Pallas Capital has provided £3.54 million in development finance to support the conversion of The Corn Exchange in Ringwood, a building that has remained vacant for more than 20 years.…
St Albans development secures £12.5m finance package
Paragon Development Finance has provided a £12.5m facility to SME developer BQ Properties (St Albans) Limited for a mixed-use scheme at 67-69 St Peter’s Street in St Albans city centre.…
Avamore Capital completes £1.47m part-complete finance deal
Avamore Capital has provided a £1.47m development finance facility for a residential project that was already substantially advanced when the borrower sought refinancing. The transaction required the lender to assess…
Property asking prices increase £4,000 in May
Average asking prices for newly-listed homes in Britain rose by 1.2% in May, equivalent to £4,333, according to data from Rightmove. The increase brings the average asking price from £373,971…
Tax experts question HMRC’s Rayner stamp duty decision
Tax professionals have raised concerns about potential inconsistencies in HMRC’s treatment of politicians following the closure of an investigation into Angela Rayner’s stamp duty liability. The former Deputy Prime Minister…
Councils can fine landlords without warning under new law
Local councils in England are adopting stricter enforcement policies under the Renters’ Rights Act, with some landlords now facing formal action without prior warning, according to a legal firm specialising…
Developer secures £3.75m for Barnet apartment scheme
LendInvest Mortgages has provided a £3.75m development finance facility for a nine-unit residential scheme in the London Borough of Barnet. The funding will support the demolition of an existing building…