UK inflation ticks up to 3.4%
Annual inflation rose to 3.4% in December, up from 3.2% the month before, the Office for National Statistics found. This was a larger jump than expected by economists, though few…
Southwark council plans hundreds of social social homes
Southwark Council plans to provide 360 new council homes, more than any other local authority in England. These new homes will be owned and managed by the council for residents…
Capital Gains Tax receipts fall as government policy backfires
The government received 8.4% less in Capital Gains Tax receipts in 2025 despite tax rises, HM Revenue and Customs data has found. The annual exemption from the tax has risen…
Two construction businesses fall into administration
FK Facades and FK Construction have gone into administration after the parent company fell into financial difficulties. FK Group – which focuses on roofing, cladding, glazing and maintenance – has…
Short-term let landlords gain EPC exemption
Short-term let landlords won’t be expected to achieve an Energy Performance Certificate rating of C by 2030, breaking from the rest of the private rented sector. As it stands all…
Government pushes “rooftop revolution” with green energy loans
The government has unveiled £15bn of spending on solar panels and other green energy upgrades, after publishing its Warm Homes Plan. The plan is to triple the number of homes…
Saudi Arabia loosens foreign ownership rules
Saudi Arabia has opened some real estate for foreigners to live in and use some areas. Diriyah, the capital of the first Saudi state, established in 1727, is opening up…
Banning upward-only rent reviews could cut commercial investment
The inability to rely on upward-only rent reviews could discourage investment in commercial property, Holly Andrews, director and loans manager at redhill-based KisFinance, has warned. The government plans to ban…
Details of major Enfield development unveiled
An application has been submitted for a redevelopment of Southbury Leisure Park in Enfield, North London. The brownfield site is set to be converted into 1,150 new homes, alongside new…
Minimum EPC rating of C by 2030 confirmed – landlords concerned
Landlords will have to bring their rental properties up to an Energy Performance Certificate rating of C by 2030, the Warm Homes Plan confirmed. Currently they only need to achieve…