World Cup and warm weather slow UK housing activity
The UK housing market has experienced a temporary slowdown in recent weeks, with Purplebricks chief executive Michael Bruce attributing the pause to the World Cup and warm weather conditions. Speaking…
Housing minister defends Labour’s policy record at committee
Housing Minister Matthew Pennycook has defended the Government’s housing policy record during questioning by MPs, rejecting claims that Labour lacked a comprehensive plan when entering office in 2024. The minister’s…
Five million UK households to face higher mortgage costs
More than five million UK households are expected to face higher mortgage repayments when they refinance over the next two years, according to the Bank of England’s latest Financial Stability…
Property sellers expect agent responses within 24 hours
Estate agents face mounting pressure to respond to client communications within 24 hours across nearly all stages of the property sales process, according to new research from Street Group. A…
AI-enhanced property photos raise transparency concerns
Estate agents are increasingly using artificial intelligence tools to digitally enhance property photographs, from repainting walls to adding non-existent lawns, raising questions about transparency in property marketing. The practice, which…
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…