Developer debt renders London flats unsellable
Seventeen leaseholders in an east London residential block have been unable to sell their properties for over a year due to an £850,000 debt owed by the building’s developer to…
Warehouse conversion market spans UK industrial cities
The market for warehouse conversions and loft apartments continues to attract buyers across the UK, with properties ranging from £525,000 to £1.5 million in former industrial buildings, according to current…
Chelsea mansion sells for reported £275m in record deal
Property developer Nick Candy has sold his Chelsea mansion for a reported £275 million, in what is believed to be the most expensive residential property transaction on record in London…
High-end treehouses emerge as property value addition
A growing number of residential properties in the UK now feature substantial treehouse structures that function as self-contained accommodation units, with some generating income through holiday letting arrangements. Analysis of…
Avamore Capital provides £1.49m for office conversion
Avamore Capital has provided a £1.49m refurbishment loan for the conversion of office space into four residential flats, working with a repeat borrower on a leasehold development project. The facility…
NRLA calls on government intervention to curb rising buy-to-let costs
The National Residential Landlords Association has warned ministers to curb the growing cost of being a landlord – or risk the rental market becoming even more expensive for tenants. Amidst…
Rates revaluation prioritises “placation, not progress”
Chris Grose, rating director at property consultancy Hartnell Taylor Cook The problem with business rates The theory behind the rates system is simple, but until it functions simply in reality,…
North West London council is hottest on dealing with illegal property works
Homeowners in Brent, London, should think twice before changing their properties, as there’s been 6,345 enforcement actions in the borough between 2000 and 2025. Other areas with lots of enforcement…
Propertymark: councils need funding to curb scourge of empty homes
The government should release dedicated funding for empty homes officers if it wants to deal with the scourge of houses sitting empty up and down the UK, Propertymark has urged.…
First-time buyers most reliant on mortgages amid rate volatility
First-time buyers face the greatest exposure to volatility in mortgage markets, with 90.5% using financing to purchase homes over the past six months, according to data from comparison website Reallymoving.…