Portfolio landlord saves £280,000 on 77-property refinance
Paragon Bank has completed the refinancing of a 77-property portfolio through its multi-property proposition, with the transaction expected to save the landlord approximately £280,000 over five years compared to their…
Close Brothers finances final phase of £120m development
Close Brothers Property Finance has provided development finance for the fourth and final phase of Kingsbury Park, a £120m GDV residential scheme in Lutterworth, Leicestershire, developed by Mulberry Homes. The…
First-time developer secures £2.18m for nine-flat scheme
Avamore Capital has provided a £2.18m ground-up development facility for a nine-flat residential scheme, despite the borrower having no previous construction or development experience. The transaction, arranged through broker Arose…
Vistry expects £30m loss after discounting unsold homes
Vistry Group, one of Britain’s largest housebuilders, has announced it expects to make a £30m loss in the first half of the year after implementing significant discounts to clear unsold…
UK build to rent investment hits £2.2bn in second quarter
Investment into the UK Build to Rent sector reached £2.2 billion in the second quarter of 2026, marking the strongest second quarter on record, according to research from Savills. The…
Websters acquires Watsons to enter North Norfolk market
Websters Estate Agents has acquired the residential sales business of Watsons in Sheringham, marking its entry into the North Norfolk coastal property market. The acquisition includes Watsons’ high street branch…
Flat market recovery key to housing sector growth, says CEO
Restoring buyer confidence in flats is critical to revitalising the housing market, according to Andy Hill, CEO of Hill Group. Speaking to The Times, Hill noted that flats have historically…
Portsmouth landlords overturn council HMO licensing conditions
The Upper Tribunal has ruled that Portsmouth City Council exceeded its statutory powers by imposing blanket conditions on Houses in Multiple Occupation (HMO) licences without adequate justification, in a judgment…
Bank lending to smaller property investors drops 14%
Bank lending to small and medium-sized property firms has declined 14% over the past five years, falling from £216 billion in March 2021 to £186 billion in March 2026, according…
Landlord body opposes expanded HMO licensing powers
The National Residential Landlords Association (NRLA) has rejected recommendations from MPs that would make it easier for local authorities to introduce selective licensing schemes for houses in multiple occupation (HMOs).…