CPI Inflation jumps to 3.6% – hampering a planned base rate cut
The inflation rate climbed to 3.6% in the year to June 2025, threatening the prospect of an August base rate cut. This latest increase, from 3.4% the month before, means…
Inntelo AI raises £506,000 pre-seed to accelerate rollout of AI concierge in hotels
UK-based hospitality technology company Inntelo AI has raised more than £500,000 in a pre-seed funding round to fuel its commercial growth. It follows impressive early traction, with multiple hotels adopting…
Rogue landlord fined nearly £20k for unlicensed HMO
A rogue landlord has been fined a total of £19,975 for operating an unlicensed House in Multiple Occupation in Haringey. A licence application was eventually submitted by the owner but…
‘Upward-only rent review ban could damage economy’
The elimination of upward-only rent reviews could damage the economy, Gavin Whitney, partner at UK law firm Fladgate, has warned. Banning the clause could undermine commercial property values, reducing returns…
Corporate US ownership rises as private equity firms “line their pockets”
Corporate ownership of property is increasing in the United States – raising concerns that it could result in exploitative policies against tenants. There are concerns that more corporate ownership will…
Pets charity slams House of Lords pet change in Renters’ Rights Bill
Pets charity AdvoCATS has spoken out after the House of Lords amended the Renters’ Rights Bill so tenants will have to pay an additional three-week deposit instead of taking out…
Government urged to streamline planning rules for SME developers
Smaller housebuilders are struggling to build at scale because they have to submit more planning applications than the big players for the same number of homes. That is according to…
Permanent Mortgage Guarantee Scheme scheme unveiled
The government’s relaunch version of the Mortgage Guarantee Scheme called Freedom to Buy has been confirmed. The scheme, which is launching immediately, is designed to boost the availability of mortgages…
Investor interest rises in commercial construction
The real estate and construction sector is showing cautious but growing optimism for Mergers and Acquisition (M&A) and inward investment activity in 2025. Investor appetite remains steady in high-growth areas…
Bellway submits detailed plans for 428 new homes in Darlington
There are plans to build 428 new homes to the west of Darlington. Housebuilder Bellway Durham is seeking to deliver a range of two to five-bedroom homes on a 56-acre…