A property investor has refinanced a 54-unit portfolio spanning residential, commercial and semi-commercial assets, consolidating borrowing from five separate lenders into one arrangement. The transaction was structured across three facilities to accommodate different asset types and ownership structures. The post Landlord consolidates 54-unit portfolio under single lender appeared first on...
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Atom bank has provided a £2.35 million commercial mortgage to finance the reopening of a hotel in Mayfair, London, which had been closed for more than five years following the Covid-19 pandemic. The deal was arranged after approximately nine lenders rejected the application due to concerns about the hotel sector and the borrowers' limited industry experience. The post Atom bank funds £2.35m loan for...
Five contemporary residential properties have been listed for sale across England and Scotland, ranging from £415,000 to £1.8 million. The properties span locations from Lancashire to Glasgow, featuring modern architectural designs and varying specifications. The post Modern design properties listed across England and Scotland appeared first on...
Landlords have incurred median costs of £5,000 in complying with the Renters' Rights Act, according to a survey of approximately 200 property investors conducted by Handelsbanken. The figure exceeds earlier government estimates for compliance costs under the legislation. The post Landlords face £5,000 compliance costs under new act appeared first on...
First-time buyer demand across Britain fell to 32.9% in Q2 2026, down from 34.8% in the previous quarter, according to Yopa research. Stock shortages persist, with first-time buyer suitable properties accounting for just 1.7% of all homes listed for sale. The post First-time buyer demand falls as stock shortage persists appeared first on...
Energy efficiency ranks as a priority for 85% of homebuyers, but only 2% would pay significantly more for better-performing properties, according to LRG's survey of over 700 buyers and sellers. The research indicates buyers focus on running costs rather than energy ratings, with 36% willing to pay more only if offset by lower bills. The post Energy efficiency important to buyers but few willing to pay...
Paragon Development Finance has provided an £8.8 million facility to Oakwood Group for a 51-home residential development in Broughton, near Preston. The funding covers site acquisition at Garstang Road and construction of the scheme, which includes 20 affordable housing units. The post Paragon provides £8.8m for 51-home Preston development appeared first on...
Specialist lender Rely has completed a £2.4 million multi-unit freehold block remortgage for a portfolio landlord in Northumberland, secured against a 55-unit residential property valued at £3.2 million. The transaction involved refinancing a fully refurbished residential block held on a single freehold title. The post Lender completes £2.4m refinance on 55-unit block appeared first on...
A survey of 2,203 UK adults has revealed significant regional differences in attitudes towards replacing council tax and stamp duty with an annual property tax. Support was strongest in northern England and Wales at 35-37%, while opposition was highest in London and the South East at 23-28%, with 37% of respondents nationally remaining undecided. The post Property tax reform divides UK regions, survey...
More than three-quarters of buy-to-let landlords intend to refinance their property portfolios within the next year to fund additional acquisitions, according to research from specialist lender Together. The survey revealed that 76% of landlords are likely to refinance in the next 12 months, with investment activity shifting towards northern England and Scotland. The post 76% of landlords plan refinancing...