RICS predicts accelerated rental growth in the months ahead
The cost of renting should inflate in the months ahead due to a shortage of landlord purchases combined with stronger tenant demand, the RICS UK Residential Survey has revealed. A…
Keir Starmer unveils ‘Extract’ AI tool to speed up planning
The government will launch an Artificial Intelligence tool in collaboration with Google to speed up the planning system. The AI tool will be called ‘Extract’ and can be used by…
The Suffolk relaxes mortgage criteria for foreign nationals and expats
Suffolk Building Society is relaxing its criteria for foreign nationals and expat borrowers. Foreign nationals now need 12 months of UK employment and 12 months remaining on their visa to…
Data centres driving UK construction
Infrastructure demand is fuelling UK construction activity compared to the rest of Europe, research from global construction consultancy Linesight shows. The UK is seeing strong momentum in data centre development,…
Rental growth drops because of “stretched renters”
The cost of renting has slowed to its lowest annual increase since the coronavirus pandemic, leading campaign group Generation Rent to conclude that renters are stretched so thin they can’t…
Calls for ‘New Town’ between Liverpool and Bootle
There are calls to secure New Town status for a major regeneration scheme by the Liverpool City Region Mayor Steve Rotheram. The Mayor is looking for a 10-year vision, encompassing…
Prime Central London sellers slash prices due to nom dom rules
Sellers in Prime Central London are being forced to offer discounts to attract buyers after changing non dom rules dampened the market, according to Knight Frank analysis. Average prices have…
Younger Britons want to be buy-to-let landlords
A third of UK adults aspire to own a buy-to-let property, with the clamour being highest for young adults, a study from lender Market Financial Solutions has revealed. One in…
Developers told to use solar panels in Future Homes Standard
The upcoming Future Homes Standard will promote the installation of rooftop solar panels. Under the proposals developers will need solar panels to cover 40% of the building’s floor area, which…
Scottish property changes hands the fastest
Over half (54%) of homes sold in Scotland last month went under offer within 30 days, Hamptons research has found. This represents an increase from 50% in May 2024, and…