News
UK property auction market shows price sensitivity
2+ day, 2+ hour ago (295+ words) The UK property auction sector has demonstrated resilience in early 2026, though price sensitivity is emerging as a defining factor, according to NAVA Propertymark. Matt Burrows, a NAVA Propertymark Advisory Panel Board member, reported that the first quarter began positively, with…...
Berkeley halts land purchases amid geopolitical uncertainty
2+ week, 1+ day ago (437+ words) FTSE 100 housebuilder Berkeley has announced it will cease purchasing new land and implement a hiring freeze as geopolitical volatility and reduced prospects for interest rate cuts impact the property market. The London-focused developer said it would stop buying new land,…...
NRLA calls on government intervention to curb rising buy-to-let costs
2+ week, 2+ day ago (318+ words) The National Residential Landlords Association has warned ministers to curb the growing cost of being a landlord " or risk the rental market becoming even more expensive for tenants. Amidst the ongoing conflict in the Middle East, the financial advice website,…...
Tax adviser warns housing market needs construction cost action
2+ week, 2+ day ago (303+ words) The UK housing market will remain stagnant without government intervention to address rising construction costs, according to tax and business advisory firm Blick Rothenberg. The firm has warned that the government's target of delivering 1. 5 million new homes during this parliamentary…...
Pallas Capital provides "2m for Surrey assisted living scheme
2+ week, 2+ day ago (253+ words) Pallas Capital has provided "2, 021, 500 in development finance for a 16-unit assisted living scheme in Wallington, Surrey. The facility will refinance existing debt and fund ground-up construction over a 16-month period. The loan was structured at 65% loan-to-gross-development-value (LTGDV), representing the borrower's…...
Canary Wharf flat loses "450, 000 in value over seven years
2+ week, 2+ day ago (285+ words) A three-bedroom flat in Canary Wharf has sold for "950, 000, representing a "450, 000 decline from its "1. 4 million sale price seven years earlier, according to property records on Rightmove. The 2, 000 square foot leasehold property on the 40th floor of Pan Peninsula Square previously sold…...
House costs pushing key workers out of London
2+ week, 4+ day ago (491+ words) Teachers, nurses and bus drivers are struggling to rent 1-bed apartments in London, campaign group Generation Rent warned. As many as nine types of key worker would fail letting agent affordability checks for the average 1-bed home in every London…...
Prime London property values fall 25% amid economic uncertainty
3+ week, 1+ hour ago (332+ words) The UK property market faces continued pressure as economic indicators weaken and uncertainty weighs on transaction volumes, according to analysis from Glentree Estates. Trevor Abrahmsohn, CEO of the London-based estate agency, notes that key economic metrics including growth, productivity, business…...
Renters' Rights Act raises concerns over costs and delays
2+ week, 5+ day ago (436+ words) The implementation of the Renters" Rights Act is raising concerns among landlords and letting agents about unintended consequences that could affect both tenants and property owners, according to Greg Tsuman from Martyn Gerrard Estate Agents. The Government has released The…...
Propertymark releases tenancy agreement for new rental laws
3+ week, 1+ hour ago (142+ words) The legislation abolishes fixed-term Assured Shorthold Tenancies (ASTs) and transitions all tenancies to a rolling, periodic system. From 1 May, all new and existing tenancies will operate as Assured Periodic Tenancies. The professional body states that its tenancy agreement reflects the…...