LTI limits could go further
The Financial Conduct Authority’s loan-to-income limits won’t make a big difference and feels like more of a pilot. That is according to Tom Davies, group financial services managing director of…
Rental growth and yields strengthen in Q2
Tight supply compared to demand is continuing to push up both yields and rents, Fleet Mortgages’ rental barometer for Q2 2025 has found. Average rents across all regions rose by…
Scotland cracking down on empty homes
Scottish housing secretary Mairi McAllan has targeted preventing “unacceptable” levels of empty homes in the country. She that she was going to fund more empty homes officers to bring privately…
‘Wealth tax would be latest blow to London property market’
A wealth tax would further affect the already beleaguered Prime London market, Camilla Dell, managing partner at property consultancy service Black Brick, has warned. Downing Street has left the door…
Government to ban upward-only rent reviews – hitting commercial landlords
The government plans to ban upward-only rent reviews for commercial leases, a practice where rent is guaranteed to increase on review. The government said such clauses “pit landlords against businesses…
Social housing satisfaction rises to nearly 75%
Three quarters (74.5%) of social tenants are satisfied, rising by around 1% year-on-year, the Pulse Survey from data company Housemark shows. Satisfaction with repairs also rose, to 89.7%. Organisations are…
Specialist high rise practice launches
Block management firm LRPM has created a specialist practice focusing on high rise residential blocks. There are now separate regulations for buildings over 80 metres tall following the Grenfell Tower…
Property sales finally picking up again
Monthly demand for properties has finally risen after months of being in a malaise, the UK Residential Market Survey from the Royal Institution of Chartered Surveyors has found. New buyer…
New mortgage guarantee scheme to unveiled next week
Details of the permanent successor to the mortgage guarantee scheme are set to be announced next Tuesday by Chancellor Rachel Reeves. Dubbed ‘Freedom to Buy’, the permanent successor to the…
North East businesses seeing rising struggles
The North West overtook Greater London as the region with the most business failures, analysis by law firm Shakespeare Martineau has found. There were 165 administrations in the North West…