Fine & Country expands to Stockport and Saddleworth
Premium estate agency network Fine & Country has appointed James Diggins to lead a new franchise covering Stockport and Saddleworth in Greater Manchester. Diggins, who entered the property industry in…
Property company insolvencies reach decade high in UK
More than 760 property companies have become insolvent in the UK so far this year, representing the highest rate of business failures in the sector in a decade, according to…
Estate agents reassess portal dependency amid rising costs
UK estate agents are re-evaluating their reliance on property portals such as Rightmove and Zoopla as rising subscription fees and increased competition prompt a shift towards building independent digital channels.…
Survey finds 19% of landlords lack trust in letting agents
Nearly one in five landlords in England lack confidence in letting agents’ handling of rental income and tenancy deposits, according to research from The Letting Partnership, an accounting and client…
Maximalist interiors trend gains traction across UK market
A growing number of UK property listings are featuring maximalist interior design, marking a departure from the minimalist aesthetic that has dominated the residential market in recent years. Properties ranging…
Paragon finances 71-bed care home in Birmingham
Paragon Development Finance has provided funding to MACC Care Properties for the acquisition and development of a 71-bed care home in Birmingham. The brownfield site on Shaftmoor Lane in Hall…
FCA proposes mortgage rule changes for wider borrower access
The Financial Conduct Authority has published proposals to reform mortgage lending rules, aiming to expand access for first-time buyers, self-employed workers and older borrowers. The regulator said the changes would…
Ground rent cap implementation brought forward to 2027
The government will introduce a £250 annual cap on residential ground rents in England and Wales by late 2027, a year earlier than previously planned, following pressure from MPs and…
Family support accounts for £11bn in first-time buyer funding
More than half of first-time buyers in the UK require financial support from family members to purchase their first property, according to research published by Savills. The data reveals that…
UK mortgage affordability reaches tightest level since 2008
Homebuyers in the UK are now allocating 21.3% of their gross household income to initial mortgage repayments, marking the highest proportion since the 2008 financial crisis, according to new data…