Knight Frank launches into Australia
Real estate consultancy Knight Frank has launched a private office in Australia for high net worth clients. The office will operate with the support of its Australia and New Zealand…
Skipton in North Yorkshire the happiest place to live
Skipton in North Yorkshire is the happiest place to live in Great Britain thanks to its access to nature, friendliness, and access to schools and doctors. Rightmove conducted the study,…
Commercial construction improving faster than residential
Residential construction activity is failing to recover to the same degree as commercial, analysis from Glenigan found. Non-residential project starts – meaning offices, schools, hospitals, retail stores, and warehouses –…
Rising material costs the biggest issue facing the construction industry
Construction insiders think rising material costs are the biggest challenge facing the industry, a survey from SafeSite Facilities has found. Building materials are 37% more expensive since 2020, government data…
Saffron ups expat buy-to-let LTVs to 80%
Saffron Building Society has started lending up to 80% loan-to-value across its expat buy-to-let range. The society caters for first-time landlords where at least one applicant meets minimum income requirements.…
Construction nearly complete at Wales development
Some 95 homes are close to completion in Llantwit Fardre near Cardiff. The development comes from a disused industrial site near Pontypridd, where so far 90 homes have been built.…
Foxtons relieved to move on from Autumn Budget
Foxtons Estate Agents reckons the market will “move forward with renewed confidence” now the Autumn Budget has financially been delivered. While some changes are being viewed negatively by the industry,…
First-time buyer activity rises after lending limits loosened
The Financial Policy Committee’s move to relax loan-to-income (LTI) limits has spurred on more activity among first-time buyers, early evidence shows. There were 11% more first-time buyer loans in Q3…
Lack of lender appetite poses biggest hurdle for mortgage brokers working with overseas clients
New research from Butterfield Mortgages Limited in the UK, commissioned through Censuswide, indicates that the majority of UK brokers find it increasingly difficult to secure finance for international clients, with…
Limited company landlords expand market share
Some 22% of landlords hold at least one rental property within a limited company, reflecting the growing popularity of operating as a company. One in three landlords are mixed-status, meaning…