House share availability falling – PropertyWire
Despite tenant demand barely changing, house share availability is dropping, analysis from HMO management platform COHO has found. In England the number of available house shares has fallen by -15.2%…
West Sussex development launches – PropertyWire
Work has begun on an 83-home development in Billingshurst, West Sussex, which will be known as Elmfield Green. The Bellway development will feature a range of one to five-bedroom homes,…
Southern buyers benefitting from static house prices
Static house prices and lower mortgage rates are benefitting buyers across the south of England buyers most, Rightmove analysis shows. In London, where average asking prices are now 1.1% lower…
Bank of England expected to hold base rate
The Bank of England is widely expected to hold the base rate at 4% today. Inflation stood at 3.8% for the second consecutive month in August, wage growth is slowing,…
First-time buyers stretching to buy ‘forever homes’
Semi-detached properties are in the crosshairs of first-time buyers, as a fifth (22%) of homeowners are buying properties with more bedrooms than they need. Over a third (33.5%) bought semi-detached…
SME housebuilders should be handed regulatory exemptions to build, say MPs
A coalition of SME experts, including a parliamentary group, has called for SME developers to be given regulatory exemptions to help them compete with the big players. They could be…
Property fall-throughs cost economy £1.5 billion
Santander urges government to digitise homebuying process Santander has advised the government and regulators to digitise the homebuying process, as well as prevent gazumping ad gazundering. A government-owned centralised property…
Most landlords have no plans to sell despite upcoming regulations
A growing number of landlords are committed to remaining in the sector – despite upcoming changes stemming from the Renters’ Rights Bill. Some 58% said they have no intention of…
Decline in change of use constricting housing supply
A decline in conversion projects could ultimately prevent the government from hitting its ambitious housing delivery targets, Jonathan Samuels, chief executive of lender Octane Capital, has argued. Government figures on…
BlackRock commits £500 million to data centres
Mega asset manager BlackRock has launched a £500 million investment programme to deliver data centres up and down the UK. The venture has started with the acquisition of a data…