Asking prices are forecast to fall by up to 2% this year, according to revised predictions from Rightmove, despite a brief uplift following the change in Prime Minister. The property portal had previously forecast that asking prices would increase by 2% in 2026. The post Rightmove downgrades forecast with 2% price fall expected appeared first on...
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Letting agents are being advised to ensure they promote consumer choice when recommending professional rent guarantor services, following implementation of the Renters' Rights Act. Industry observers suggest agencies offering only single providers could potentially breach the Tenant Fees Act. The post Letting agents warned on tenant choice amid guarantor growth appeared first on...
Principle Estate Management has opened its first office on the south coast following an investment of more than £250,000. The company, which manages more than 26,000 units across Britain, has established a base in Fareham to service developments from East Sussex to the Devon coast. The post Estate manager opens south coast office after £250k investment appeared first on...
Puma Property Finance has provided £17.5m in development finance to Connaught Care for a 95-bed care home in Stratford-upon-Avon, Warwickshire. The facility marks the second Connaught project backed by the lender. The post £17.5m care home development secures finance in Stratford appeared first on...
TAB has completed a £2.8 million commercial bridging loan secured against two London commercial properties on a first-charge basis at 65% loan-to-value over a 12-month term. The loan forms part of a wider funding round totalling approximately £3.59 million in net advances across two facilities. The post Lender advances £2.8m bridge on London commercial assets appeared first on...
Landlords are increasing asking rents in response to the Renters' Rights Act's ban on competitive bidding, according to data from Chestertons. Rightmove figures show asking rents rose 2.9% year-on-year in Q2 2026, the strongest growth in two years. The post Landlords raise asking rents following bidding ban appeared first on...
Property industry professionals are raising concerns about the impact of frequent political changes and Budget timing on the UK housing market, ahead of the upcoming Budget scheduled for 28th October 2026. The post Industry voices call for property policy stability appeared first on...
Compact properties across England are currently listed from £175,000 in County Durham to £850,000 in London. The range includes period cottages, converted stables and new-build homes, reflecting significant regional price variations in the smaller homes market. The post Compact homes across England listed from £175,000 to £850,000 appeared first on...
Mortgage repossessions in the UK fell 14% year-on-year in the second quarter, with buy-to-let properties seeing a 20% decline. Industry professionals warn that affordability pressures persist despite the positive data, particularly as borrowers face refinancing onto higher interest rates. The post UK repossessions decline but affordability concerns persist appeared first on...
Searches for UK homes with air conditioning have more than doubled this summer as rising temperatures influence property purchasing decisions. Data from Rightmove shows searches increased by 104% compared with the same period last year, with 87% of buyers considering cooling capacity important. The post Air conditioning searches double as heat influences buyers appeared first on...