UK
Average rent in Scotland up 1.7% and yields among the highest in the UK
The average rent in Scotland increased by 1.7% in the 12 months to April 2019 to £581 per calendar month, led by growth of 3.6% in the Highlands and... Read more
Latest Property News
Property News
UK
Nearly half of landlords and lettings agents likely to reconsider if Section 21 is banned
Almost half of landlords and letting agents are more likely to remove some or all of their investment in the private rented sector as a result of the... Read more
Finance, UK
Lending to first time buyers up in first quarter of 2019
There was an increases in new buyer home lending in regional parts of the UK in the first quarter of 2019, the latest mortgage industry figures show,... Read more
Finance, UK
£55 million announced for new homes in England, prioritising modern construction methods
Some £55 million grant funding has been agreed with Homes England to deliver 4,000 new homes with the first developments getting underway later this... Read more
UK
More equity release money is going on clearing debt, latest figures suggest
Retired home owners in the UK are using their housing wealth to clear debts to strengthen their finances, new equity release market figures relating... Read more
UK
Property Ombudsman issues reminder after local council fines agent
The Property Ombudsman has issued a reminder to all agents to ensure they have the correct redress membership to cover the work they... Read more
UK
Average prices in the UK increased by 1.4% in the year to March 2019, official data shows
Average house prices in the UK increased by 1.4% in the year to March 2019, up from 1% in February 2019, the latest official figures... Read more
UK
Rents increased by 1.2% in the UK in the year to April 2019
Rents in the UK’s private rented sector increased by 1.2% in the 12 months to April 2019, unchanged from March 2019, according to the latest... Read more
Global News
Price growth in prime global city markets falls to lowest since 2009
Prime property prices in key cities around the word are continuing to moderate with the latest data showing they increased by 1.3% year on year, down... Read more
UK
Disputes under the Property Redress Scheme increased in 2018
There was a 103% rise in final decisions on consumer complaints to the Property Redress Scheme in 2018 and an 82% rise in proposed decisions, the... Read more
Industry Interview: Viewber
1) To those who are not familiar with Viewber how would you sum up what makes you... Read more
Industry Interview: RentalStep
1) Do you see the private rented sector expanding in the next five years I think the PRS is... Read more
Industry Interview: CapitalRise
1) Why is property still a good investment Property has always been a good investment as it has... Read more
Sponsored Features
Bridging finance: Helping landlords seize opportunities
Taking a closer look at how bridging finance can provide a fast, flexible solution to the funding needs of property professionals
Landlords affected by recent tax changes are increasingly looking to diversify away from ‘vanilla’ buy to let into... Read more
Monaco International Luxury Property Expo 2019
The Monaco International Luxury Property Expo 2019, a B2C exhibition for international real estate, will be held from 15 to 16 May 2019 at the Grimaldi Forum in Monaco. Exhibitors include upmarket property developers and real estate agents from... Read more
Property Investor Survey 2019: Have your say on the UK property market
Forecasts for the UK property market have varied greatly over recent months with economic uncertainty caused by the Brexit deadlock within Government raising questions as to how the real estate sector will fare in the year ahead. To cut through... Read more
MFS completes £5.2 million bridging loan deal
Mayfair based bridging lender Market Financial Solutions has announced that it has closed a ‘standout’ bridging deal, issuing a £5.2 million loan for an offshore client. A new broker approached MFS on behalf of a client who required funds... Read more
Finance
Lending to first time buyers up in first quarter of 2019
There was an increases in new buyer home lending in regional parts of the UK in the first quarter of 2019, the latest mortgage industry figures show, with Scotland stronger than Wales. In Scotland there were 6,760 new first time buyer mortgages... Read more
£55 million announced for new homes in England, prioritising modern construction methods
Some £55 million grant funding has been agreed with Homes England to deliver 4,000 new homes with the first developments getting underway later this year, it has been announced. The deal will support 12 local authorities to accelerate housing... Read more
Company News
Savills acquires Cluttons Middle East real estate business
International real estate advisor Savills has completed the acquisition of Cluttons Middle East, a leading real estate consultancy business in the region. The acquisition will see Savills take full ownership of Cluttons Middle East, a business... Read more