Warm Homes Plan could benefit letting agents
Letting agents could benefit from regulatory changes like the Warm Homes plan, as it’s becoming harder for DIY landlords to cope with the burden. That’s according to Ian Macbeth, managing…
Opinion: Second charge now as big as bridging
Second charge lending volumes are soaring, leading to suggestions the industry is surpassing bridging in terms of activity. The Finance & Leasing Association reported that new second charge business volumes…
SCA Tax launches stamp duty review service for conveyancers
SCA Tax has launched Post Complete, a stamp duty calculation and review service designed to ease the compliance burden on conveyancers. The service has been launched ahead of the HMRC…
Overseas investors hold 203,000 properties across England and Wales
International investors own 202,568 properties across England and Wales, according to Land Registry data analysed by mortgage broker Enness Global. The figure represents a marginal increase of 0.02% compared to…
LSL acquires property search firm to expand conveyancing
LSL, the parent company of estate agency brands Reeds Rains and Your Move, has acquired Huddersfield-based National Search Service (NSS), a property search provider serving the legal profession. The company…
Foxtons shares drop 8% despite Birmingham acquisition
Foxtons Group has experienced an 8% share price decline over five days to 51.80p, despite announcing its first acquisition outside the South East region last week. The London-based estate agency’s…
Justine Edmonds promoted to director at LRG’s BTR division
Property consultancy LRG has promoted Justine Edmonds to Director of its Build to Rent division, advancing from her previous position as Head of Build to Rent and Leasing Strategies. Edmonds,…
New housing developments linked to price decline in nearby homes
Large-scale housing developments may negatively impact property values in surrounding areas, according to an analysis of Land Registry data covering 14 locations across England. The investigation, conducted by Telegraph Money,…
Canada Life provides £129m refinancing for Salford BTR scheme
Canada Life Asset Management has provided a £129 million fixed-rate loan to refinance Cortland’s debt on the Colliers Yard Build to Rent development in Salford, near Manchester city centre. The…
Leasehold charges escalate as reform legislation stalls
Leaseholders across England are reporting significant increases in service charges and reserve fund contributions as the government’s leasehold reform legislation remains incomplete, despite the primary legislation receiving royal assent. In…