UK property tax burden highest among major economies
The United Kingdom has the highest property tax burden among major economies, according to analysis by property tax specialist Ryan, with taxes equivalent to 3.7% of GDP. The data shows…
Reform UK proposes repeal of Renters’ Rights Act
Reform UK has announced plans to repeal the Renters’ Rights Act through a proposed ‘Great Repeal Bill’ if the party wins the next General Election, describing the legislation as a…
Birmingham letting agent reports 79% rise in new tenancies
A south Birmingham letting agent has reported a 79% increase in new rental properties added to its portfolio during the first four months of 2026, contrasting with wider market trends…
New build property prices decline across five UK regions
New build property prices have fallen across five UK regions between April 2024 and April 2025, according to data released by Propertymark, the trade body representing estate agents. The figures…
Letting agents face deposit compliance risk under new rules
Letting agents managing nearly 70% of England’s protected tenancy deposits may face compliance issues following changes introduced under the Renters’ Rights Act, according to analysis by a property accounting specialist.…
£3.5m finance secured for Ringwood Corn Exchange scheme
Pallas Capital has provided £3.54 million in development finance to support the conversion of The Corn Exchange in Ringwood, a building that has remained vacant for more than 20 years.…
St Albans development secures £12.5m finance package
Paragon Development Finance has provided a £12.5m facility to SME developer BQ Properties (St Albans) Limited for a mixed-use scheme at 67-69 St Peter’s Street in St Albans city centre.…
Developer secures £3.75m for Barnet apartment scheme
LendInvest Mortgages has provided a £3.75m development finance facility for a nine-unit residential scheme in the London Borough of Barnet. The funding will support the demolition of an existing building…
Property auction market reaches £5.9bn as repossessions rise
The UK property auction market recorded £5.9bn in residential and commercial sales during 2025, up from £5.5bn in 2024, as repossessed homes now account for more than 20% of auction…
Property asking prices increase £4,000 in May
Average asking prices for newly-listed homes in Britain rose by 1.2% in May, equivalent to £4,333, according to data from Rightmove. The increase brings the average asking price from £373,971…