Four in ten letting agents unaware of rent advance restrictions
More than 40% of letting agents remain unclear about new restrictions on rent in advance payments as the Renters’ Rights Act comes into force on 1 May, according to research…
Business rates hike forces estate agents to consider job cuts
A Somerset-based estate agency has warned that a 50% increase in business rates, combined with the impact of the Renters’ Rights Act, may force the firm to make redundancies. TOR…
Assetz Capital provides £2.73m for Midlothian development
Assetz Capital has completed a £2.73 million development finance facility for the refinance and completion of Dalmahoy Farm Villas, a part-completed residential scheme in Midlothian, approximately 12 miles south west…
Pallas Capital completes £970k exit loan in five weeks
Pallas Capital has completed a £970,000 development exit loan for a residential scheme in Kibworth, Leicestershire, within a five-week timeframe. The 12-month bridging facility refinances an existing development facility and…
UK flat sales face pressure as landlord supply rises
The UK flat market is experiencing a supply-demand imbalance as landlords exit the sector ahead of upcoming rental reforms while buyer preferences shift towards houses, according to data from Hamptons.…
Stamp duty receipts reach £15.2bn after threshold changes
Stamp duty receipts totalled £15.2 billion in the 2025 to 2026 tax year, representing a £1.3 billion increase on the previous year, according to analysis of HMRC data by Coventry…
Knight Frank cuts UK house price forecasts on economic headwinds
Knight Frank has downgraded its near-term UK house price forecasts whilst raising longer-term projections, citing current economic uncertainty alongside more optimistic assumptions about future government policy. The estate agency now…
Leasehold reform may create two-tier property market
Leasehold properties could face marketability challenges as the government moves towards commonhold ownership, according to a property lawyer responding to recent consultation proposals. Caroline Wild, Counsel in Forsters’ Real Estate…
Lender provides £2.47m for listed building conversion
District & County Investments (DCI) has provided a £2.47 million development facility for a mixed-use refurbishment project in Stoke Newington, London, after the scheme lost its previous funding due to…
Developer secures £3m multi-tranche bridge for London scheme
Aspen Bridging has provided a £3 million multi-tranche bridging facility to refinance a completed residential conversion in Holloway, North London, whilst providing additional capital for future development projects. The facility…