Bridging lender completes £2.8m auction finance in 11 days
A commercial investor secured a £2.8m unregulated bridging loan to complete the purchase of two tenanted retail units in Newport, Isle of Wight, within 11 days of application, according to…
Seven ‘new towns’ sites unveiled
Construction of new towns is planned to start at three sites before the next general election takes place by 2029 at the latest. Some seven sites have been given the…
Section 21 evictions could be spiking – the NRLA responds with data
There are multiple reports of mass Section 21 evictions taking place, which prompted the National Residential Landlords Association to quote data showing that possession notices fell in 2025. Some 130…
Government to penalise late payments
There will be a 60-day time limit on large firms paying their suppliers after the government unveiled late payment reforms – garnering praise from the National Federation of Builders (NFB).…
GB Bank provides £9.4m refinance for West End mixed-use portfolio
Commercial finance broker Arc & Co. has arranged a £9.4 million refinancing facility from GB Bank for a West End mixed-use property portfolio containing office and residential units. The five-year…
Riyadh launches branded mansion project in Diriyah district
Riyadh’s property market is undergoing a structural shift as the Saudi capital develops large-scale projects aimed at attracting international capital and high-net-worth buyers. The city, traditionally focused on government and…
New Murabba development aims to reshape Riyadh’s urban core
New Murabba, a large-scale mixed-use development in Riyadh, is being positioned as the Saudi capital’s new downtown district as part of the Kingdom’s Vision 2030 agenda. The project combines residential,…
New homes to be off the gas network by 2028
No new builds should be connected to the gas network from 2028 under the terms of the Future Homes Standard, which was published today. They will have to include heat…
UK construction projects fall 33% amid global uncertainty
The value of new UK construction projects fell by more than a third in the three months to the end of February, according to data provider Glenigan, as global economic…
North East towns the most affordable in the UK
Towns in the North East of England offer a route to homeownership at just £325 per month, Zoopla analysis shows. Shildon in County Durham is the most affordable town, where…