UK inflation falls to 2.8% as mortgage rate cuts accelerate
UK inflation dropped to 2.8% in April, down from 3.3% in March, according to the Office for National Statistics, a larger decline than most economists had forecast. The fall has…
Goodlord partners with Reposit for deposit alternatives
Property technology firm Goodlord has announced Reposit as its sole partner for deposit replacement products, as the rental sector continues to adopt alternatives to traditional cash deposits. Under the agreement,…
First-time buyer hotspots emerge despite demand decline
First-time buyer demand declined by 4% in April compared to the same month last year, according to data from Rightmove, though several regional markets have bucked the national trend with…
Government announces building safety reforms after Grenfell
The Government has outlined new measures aimed at preventing a repeat of the Grenfell Tower disaster, including reforms to the building control sector and restrictions on engagement with companies implicated…
NRLA and Lettings Industry Council announce merger
The National Residential Landlords Association (NRLA) has announced it will merge with The Lettings Industry Council (TLIC), creating a unified body to represent landlords and letting agents across England and…
Bridging finance facilitates lease extension on St John’s Wood flat
A property investor has secured £1,462,500 in bridging finance from SDKA to purchase a three-bedroom apartment in St John’s Wood, using the loan term to pursue a Section 42 lease…
Industry conference attendance remains low among estate agents
Estate agents in the UK continue to show limited attendance at industry conferences, despite opportunities for professional development and networking, according to observations from veteran property professional Simon Bradbury. Bradbury,…
Wimbledon development secures £3m exit finance
Shawbrook Bank has completed a £2.98 million development exit loan for a nine-unit residential scheme in Wimbledon, with the transaction finalised in two and a half weeks from initial application.…
Rightmove faces £1.5bn court hearing in November
The Competition Appeal Tribunal has scheduled a hearing for 2nd and 3rd November 2026 in a £1.5 billion legal action against Rightmove, the UK’s largest property portal. The collective proceedings…
Stamp duty changes could add 168,000 property sales
Research commissioned by national home buying company Spring suggests that reforming stamp duty charges for property traders could increase UK housing transactions by up to 178% annually. The study, conducted…