Government outlines landlord redress scheme framework
The Government has outlined the framework for a new landlord ombudsman scheme that would enable tenants to pursue complaints against private landlords without resorting to court proceedings. The proposed regulations,…
Deposit dispute highlights wear and tear challenges
A recent tenancy deposit adjudication case has highlighted the ongoing challenges landlords and tenants face in distinguishing between fair wear and tear and actionable damage at the end of a…
Specialist lender provides £2.85m exit loan in North Yorkshire
Glenhawk has completed a £2.85m development exit loan in North Yorkshire, refinancing an existing development facility on a completed residential property. The transaction provides the borrower with additional time to…
Specialist lender provides £3m for London refurbishments
Black & White Bridging has provided over £3 million in refurbishment finance for two residential properties in North and East London, the specialist lender has announced. The funding supported the…
Lender provides £7.9m bridging loan for Mayfair property
FRP Real Estate Advisory has arranged a £7.9 million acquisition bridging loan with commercial lender CSBF to fund the purchase of a mixed-use property in Mayfair, London. The facility was…
Five English properties with garden-facing kitchens listed
Five properties across England featuring kitchens with direct garden access have been listed for sale, ranging from £650,000 to £2.5 million, according to estate agent listings. The properties span locations…
Stow Brothers to open Islington office this summer
Independent London estate agency The Stow Brothers will open a new office on Upper Street in Islington this summer, expanding its presence beyond its existing East London and West Essex…
UK housing market shows resilience amid inflation uncertainty
The UK housing market remains in a holding pattern as inflation and interest rate uncertainty continue to shape buyer and seller behaviour, according to analysis of recent market indices. Inflation…
Tenant advocacy group calls for penalties on deposit claims
Generation Rent has called on the Government to introduce penalties for landlords and letting agents who make inflated deposit claims, as ministers review the future of tenancy deposit protection schemes.…
Cambridge single-family rental scheme secures £125m refinancing
Apache Capital and Nuveen Real Estate have secured £125 million in refinancing from United Overseas Bank for Present Made, Eddington, a 373-home single-family rental development in Cambridge. The two-year facility…