Mortgage commitments rise in Q2
Mortgage applications rose in the second quarter of 2025, signalling that we’re set for a busy few months of completions, Bank of England data shows. The value of new mortgage…
Sleaford Rent to Buy development launches
Some 160 ‘affordable’ rental homes have launched at Sleaford, on the edge of the Fenlands, in the Lincolnshire countryside. The Handley Chase development features two bedroom semi-detached or end-terrace properties…
UK Marriott hotel portfolio being sold for £500 million
A portfolio of 15 purpose-built Marriott-branded hotels totalling 3,230 rooms are up for sale for £500 million. The hotels are: the 191-room AC Hotel Inverness, 181-room Moxy Glasgow Merchant City;…
London losing its status as a safe haven
Central London boroughs have barely seen house prices rise since 2016, meaning they are losing value in real terms due to inflation, research from asset manager Rathbones has revealed. Wandsworth,…
Low deposit mortgage choice at 17-year high
The number of mortgages at 90% and 95% LTV is at its highest level in 17 years, suggesting that lenders are fiercely competing for this business. There are currently 1,360…
New housing secretary pledges to “build, baby build”
Newly appointed housing secretary Steve Reed has vowed to increase housebuilding ahead of meeting developers and housebuilders this week. The Telegraph reports that Reed is pledging to “leave no stone…
Labour’s leaders urged to get ‘house in order’ after Rayner and Ali forced out
The government has been slammed after both the housing secretary and homelessness minister lefts under a cloud. Firstly Angela Rayner resigned as housing secretary and deputy PM on Friday after…
Leaky homes the most common problem affecting property managers
Leaks dominate the list of tenant complaints to property managers, research from property manager support service Adiuvo has revealed. Complaints about leaks account for 17.6% of issues, followed by problems…
Final Commons Renters’ Rights Bill debate today
The last House of Commons debate on the Renters’ Rights Bill is taking place today. Details that could be ironed out include measures on whether tenants are required to take…
HMO landlords making double the rental income of individuals
Landlords with HMOs (houses in multiple occupation) are seeing gross annual income levels far beyond what non-HMO landlords are enjoying. The average non-HMO landlord made £61,846 in gross rental income…