UK inflation ticks up to 3.4%
Annual inflation rose to 3.4% in December, up from 3.2% the month before, the Office for National Statistics found. This was a larger jump than expected by economists, though few…
Government pushes “rooftop revolution” with green energy loans
The government has unveiled £15bn of spending on solar panels and other green energy upgrades, after publishing its Warm Homes Plan. The plan is to triple the number of homes…
Saudi Arabia loosens foreign ownership rules
Saudi Arabia has opened some real estate for foreigners to live in and use some areas. Diriyah, the capital of the first Saudi state, established in 1727, is opening up…
Banning upward-only rent reviews could cut commercial investment
The inability to rely on upward-only rent reviews could discourage investment in commercial property, Holly Andrews, director and loans manager at redhill-based KisFinance, has warned. The government plans to ban…
Details of major Enfield development unveiled
An application has been submitted for a redevelopment of Southbury Leisure Park in Enfield, North London. The brownfield site is set to be converted into 1,150 new homes, alongside new…
Minimum EPC rating of C by 2030 confirmed – landlords concerned
Landlords will have to bring their rental properties up to an Energy Performance Certificate rating of C by 2030, the Warm Homes Plan confirmed. Currently they only need to achieve…
Construction starts on Fife development
Housebuilder Briar Homes has started work on a residential development in Kennoway in Fife, which has been named ‘Weavers View’. The project will deliver 137 homes with £40 million of…
More secured loans used for home improvements
People are increasingly borrowing to make home improvements, suggesting that homeowners feel confident enough to invest in thier properties. Using borrowed cash to make home improvements was particularly popular last…
Landlord fined £12,500 for unlicensed HMO
A Tottenham landlord and managing agent have been slapped with a £12,500 fine after failing to license their HMO, which was found to have serious hazards. Haringey council received a…
2025 branded a ‘disappointing year’ for construction
Last year proved a disappointing one for the construction industry, as the value of new projects dropped by a fifth (20%), data from insights firm Glenigan has found. There was…