@PropertyWire

UK and Global property and real estate news, property investment reviews and analysis, and real estate features. [email protected]

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propertywire.com
Joined October 2008
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Downing provides £18.4m for Hertfordshire heritage scheme - propertywire.com/news/uk/dow…

Downing provides £18.4m for Hertfordshire heritage scheme - PropertyWire

Downing has provided £18.4 million in development finance to a regional developer for the conversion of the former Princess Helena College at Temple Dinsley in Preston, Hertfordshire, into 40...

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Property industry seeks clarity ahead of Autumn Budget - propertywire.com/news/proper…

Property industry seeks clarity ahead of Autumn Budget - PropertyWire

Estate agents, landlords, housebuilders and mortgage specialists have called on Chancellor John Healey to provide greater certainty in the housing market ahead of today's Autumn Budget statement....

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271
Estate agencies urged to prioritise first-party data - propertywire.com/news/estate…

Estate agencies urged to prioritise first-party data - PropertyWire

Estate agencies are being encouraged to shift their focus towards building first-party data assets as reliance on third-party platforms becomes increasingly costly and vulnerable to external changes....

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Fylde Coast group acquires agency despite ban history - propertywire.com/news/fylde-…

Fylde Coast group acquires agency despite ban history - PropertyWire

Fylde Coast Homes Group has acquired Stephen Tew Estate Agents in Blackpool, with the founder remaining as head of sales and operations two years after receiving an 11-year director disqualification....

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286
BestAgent launches membership club for estate agents - propertywire.com/news/bestag…

BestAgent launches membership club for estate agents - PropertyWire

BestAgent is launching a membership organisation for estate agents in November, with entry based on assessed performance criteria rather than payment alone. The club will be limited to 1,000 members...

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Buy-to-let losses rise 32% to exceed £1 billion - propertywire.com/news/buy-to…

Buy-to-let losses rise 32% to exceed £1 billion - PropertyWire

Buy-to-let investors reported losses of £1.15 billion on property sales in the past year, a 32% increase from £870 million previously. The data from HMRC Capital Gains Tax returns reflects mounting...

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Estate agents support regulation to tackle rogue operators - propertywire.com/news/estate…

Estate agents support regulation to tackle rogue operators - PropertyWire

A survey of 537 estate agents across England and Wales has revealed overwhelming support for increased government regulation of the property sector, with 92% backing plans for mandatory licensing and...

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Lender provides full purchase price on below market value deal - propertywire.com/news/uk/len…

Lender provides full purchase price on below market value deal - PropertyWire

District & County Investments has provided £370,000 in bridging finance to fund the full purchase price of a four-bedroom detached property in Luton acquired below market value. The lender assessed...

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129
Atom bank provides £6.1m for Welsh farm diversification - propertywire.com/news/uk/ato…

Atom bank provides £6.1m for Welsh farm diversification - PropertyWire

Atom bank has provided a £6.12 million commercial loan to a South Wales farm business that has transitioned from dairy farming into hospitality and leisure operations. The enterprise now employs 100...

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132
£35.5m build-to-rent finance backs Earlsfield scheme - propertywire.com/news/35-5m-…

£35.5m build-to-rent finance backs Earlsfield scheme - PropertyWire

United Trust Bank has provided £35.5m in build-to-rent finance for a 96-apartment mixed-use development in Earlsfield, south-west London. The facility allows developer Dominus New Homes to refinance...

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499
Mortgage products face withdrawal risk after Budget speech - propertywire.com/news/mortga…

Mortgage products face withdrawal risk after Budget speech - PropertyWire

Mortgage lenders could withdraw products within hours of the Chancellor's Budget speech on Wednesday, according to warnings from financial industry experts. John Healey is scheduled to deliver his...

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203
London and South East see widespread price reductions - propertywire.com/news/london…

London and South East see widespread price reductions - PropertyWire

Four out of five homes in London and the South East are experiencing price reductions, according to Zoopla's latest House Price Index. More than a third of properties across the UK are now in...

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Rightmove updates website descriptions after rival's challenge - propertywire.com/news/rightm…

Rightmove updates website descriptions after rival's challenge - PropertyWire

Rightmove has updated website descriptions that claimed to feature over 900,000 properties for sale and over 200,000 to rent, following a challenge from rival platform MyPorta. The wording, which...

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248
Autumn budgets impact on London luxury property analysed - propertywire.com/news/autumn…

Autumn budgets impact on London luxury property analysed - PropertyWire

A decade-long analysis of Autumn Budgets reveals that political and economic certainty drives prime London property sales, with the Johnson-Sunak administration producing the strongest market...

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Blackbear acquires Neath agency to reach seven branches - propertywire.com/news/blackb…

Blackbear acquires Neath agency to reach seven branches - PropertyWire

Welsh estate agency Blackbear has acquired Welvan Estate Agents in Neath, expanding its network to seven branches less than two and a half years after launching in Pembrokeshire. The acquisition...

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139
Conveyancers call for stamp duty reform as confidence falls - propertywire.com/news/convey…

Conveyancers call for stamp duty reform as confidence falls - PropertyWire

Industry confidence in the UK property market has fallen to its lowest level on record, with 27% of conveyancers identifying stamp duty reform as their top Budget priority. The Council for Licensed...

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Developer secures £7.1m exit finance for Bristol scheme - propertywire.com/news/uk/dev…

Developer secures £7.1m exit finance for Bristol scheme - PropertyWire

Mortimer Street Capital has arranged £7.1 million in development exit finance with Recognise Bank for a residential scheme south of Bristol. The facility covers seven completed homes and two plots...

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363
Rent in advance ban creates access issues for tenants - propertywire.com/news/rent-i…

Rent in advance ban creates access issues for tenants - PropertyWire

Major estate agencies have reported that the ban on rent-in-advance payments under the Renters' Rights Act is preventing vulnerable tenants from accessing rental properties. Executives from LRG and...

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Dubai-based agency Strada launches UK property operation - propertywire.com/news/dubai-…

Dubai-based agency Strada launches UK property operation - PropertyWire

Strada, a Dubai-based property brokerage founded by British nationals, has announced plans to establish operations in the UK, targeting major cities including London, Manchester, Liverpool, Leeds and...

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211
Industry calls for equal treatment of private and social rents - propertywire.com/news/indust…

Industry calls for equal treatment of private and social rents - PropertyWire

The private rented sector should receive equal policy treatment to social housing, according to a property industry executive who observed discussions at the recent Labour Party Conference. The call...

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