Second home tax funding first-time buyer loans in Wales
A council is using a second homes tax to fund loans to first-time buyers in Pembrokeshire, Wales. The Homebuy Pembrokeshire scheme will provide a loan of up to 30% of…
Construction project starts on the rise
There was a 25% uptick in projects staring in the three months to the end of May, research from Glenigan has found. This represents a 10% increase on 2024 figures.…
US private equity firm makes big ticket UK student housing acquisition
Dallas-based private equity firm Lone Star Real Estate Fund VII has agreed to buy nine purpose-built student accommodation assets for £212 million. The seller is Unite Student, the UK’s largest…
Labour urged to prioritise infrastructure projects amidst slow start
The Building Cost Information Service (BCIS) has called on Labour to focus on detailed infrastructure projects to boost economic growth. These could include the building of new hospitals, roads, schools…
603 Bradford homes built on brownfield site
Two housing developments in Bradford have been completed from housebuilder Keepmoat, delivering 603 energy efficient properties. Both schemes were delivered by the developer in partnership with Bradford Council and three…
High street businesses call for government reforms to tackle crime
Representatives from major high streets have urged the government to reform policing and crime reporting across the UK. High Streets UK, which represents 5,000 businesses, spoke out against escalating violence…
Busiest May for sales agreed since 2021
May was especially busy this year, with agreed sales reaching a four-year high, Rightmove research has revealed. More favourable mortgage conditions have helped, as the average five-year fixed mortgage rate…
Government EPC targets ‘unachievable’, says landlord group
The National Residential Landlords Association has accused the government of setting ‘unachievable’ and ‘unrealistic’ goals when it comes to EPC targets. It’s being proposed that every property across the private…
Nottingham Building Society opens first branch in eight years in city centre
Nottingham Building Society has opened a flagship branch on Nottingham’s busy Clumber Street. This replaces the society’s former Upper Parliament Street location, and is the first branch opening in eight…
London rental stock increases – PropertyWire
London tenants have a surge of rental properties to choose from, with 40% of all rentals being listed in the past 30 days, data from London agent Benham and Reeves…