West Midlands lettings firm adds block management service
Partridge Homes, a West Midlands-based lettings agency, has appointed two senior staff members as it prepares to launch a block management division later this year. The Solihull and Yardley-based firm…
Bridging loan funds Kent buy-to-let acquisition
StreamBank has provided a £642,000 bridging finance facility for the acquisition and refurbishment of two buy-to-let properties in Kent, secured against three properties with a combined value of approximately £1.525…
Converted school properties listed across England, Scotland
Five former school buildings converted into residential properties have been listed for sale across England and Scotland, with prices ranging from £500,000 to £1.795 million. In De Beauvoir Town, London,…
Buy-to-let returns lag equities, Rathbones reports
Residential property investment no longer delivers the returns that characterised previous decades, according to a report from investment management firm Rathbones. The wealth manager’s latest analysis, titled Don’t Bet the…
Buyer demand weakens as seller activity remains stable
The UK residential sales market is experiencing a growing imbalance between seller activity and buyer demand, according to a survey of more than 300 estate agents commissioned by GetAgent. While…
Five property firms expelled for failing to pay awards
The Property Ombudsman (TPO) has expelled five property businesses from its scheme following their failure to pay compensation awards issued against them after consumer complaints. The expulsions, which affected Devon…
UK property market faces pricing pressures amid weak demand
The UK property market is experiencing significant pricing pressures as geopolitical uncertainty and economic headwinds continue to dampen buyer activity, with agreed sale prices falling sharply in mid-to-upper market segments,…
Flat-house price gap reaches 30-year high in UK
The price differential between flats and houses has reached its widest point since records began 30 years ago, according to new data from property portal Zoopla. House prices have increased…
42% of landlords consider reducing portfolios, survey finds
More than two in five landlords are considering reducing their property portfolios despite rising rental yields and sustained tenant demand, according to research published by Aldermore. The lender’s survey found…
Paul Geddes appointed as Lomond chief executive
Paul Geddes, former chief executive of Evelyn Partners and Direct Line, has been appointed as the new chief executive of Lomond, one of Britain’s largest estate agency groups. The appointment…