Investor signs deal with property data firm
Growth Capital Partners has signed a binding agreement to invest in Nurtur Group Ltd, a firm which provides software and data to the estate agency and home mover market. Nurtur…
Industry welcomes Spending Review, apart from NRLA
Much of the property industry has responded positively to the Chancellor’s Spending Review, with the exception of the National Residential Landlords Association (NRLA). Rachel Reeves committed to investing £39bn in…
RICS predicts accelerated rental growth in the months ahead
The cost of renting should inflate in the months ahead due to a shortage of landlord purchases combined with stronger tenant demand, the RICS UK Residential Survey has revealed. A…
The Suffolk relaxes mortgage criteria for foreign nationals and expats
Suffolk Building Society is relaxing its criteria for foreign nationals and expat borrowers. Foreign nationals now need 12 months of UK employment and 12 months remaining on their visa to…
Data centres driving UK construction
Infrastructure demand is fuelling UK construction activity compared to the rest of Europe, research from global construction consultancy Linesight shows. The UK is seeing strong momentum in data centre development,…
Rental growth drops because of “stretched renters”
The cost of renting has slowed to its lowest annual increase since the coronavirus pandemic, leading campaign group Generation Rent to conclude that renters are stretched so thin they can’t…
infinitSpace to open second Berlin location in partnership with PATRIZIA
Flexible workspace provider infinitSpace has completed a new partnership with PATRIZIA, an investment manager in global real assets, to open its second flexible workspace in Berlin. The new site will…
Developers told to use solar panels in Future Homes Standard
The upcoming Future Homes Standard will promote the installation of rooftop solar panels. Under the proposals developers will need solar panels to cover 40% of the building’s floor area, which…
Keir Starmer unveils ‘Extract’ AI tool to speed up planning
The government will launch an Artificial Intelligence tool in collaboration with Google to speed up the planning system. The AI tool will be called ‘Extract’ and can be used by…
Scottish property changes hands the fastest
Over half (54%) of homes sold in Scotland last month went under offer within 30 days, Hamptons research has found. This represents an increase from 50% in May 2024, and…