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Property Wire

@PropertyWire

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

 London
propertywire.com
Joined October 2008
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Income tax on rental earnings to rise by 2% from April 2027 - propertywire.com/news/uk/inc…
Income tax on rental earnings to rise by 2% from April 2027 - PropertyWire

Income tax on rental earnings to rise by 2% from April 2027 - PropertyWire

Chancellor John Healey has announced a further 2% increase in income tax on rental earnings from April 2027, bringing the basic rate to 24%. Industry bodies warn the measure will drive up rents and...

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116
OBR revises house price forecasts downward for 2026 - propertywire.com/news/obr-re…
OBR revises house price forecasts downward for 2026 - PropertyWire

OBR revises house price forecasts downward for 2026 - PropertyWire

The Office for Budget Responsibility has lowered its house price growth forecasts for 2026 and 2027, citing elevated mortgage rates and stagnating wage growth as constraining factors. Property...

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73
Embassy conversions spark planning disputes in London - propertywire.com/news/embass…
Embassy conversions spark planning disputes in London - PropertyWire

Embassy conversions spark planning disputes in London - PropertyWire

A Pimlico resident has launched a judicial review against Westminster City Council over a neighbouring property's conversion to the Montenegro embassy. The case highlights growing tensions between...

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86
Ombudsman orders refund over unmortgageable property sale - propertywire.com/news/ombuds…
Ombudsman orders refund over unmortgageable property sale - PropertyWire

Ombudsman orders refund over unmortgageable property sale - PropertyWire

A property business has been ordered to refund a £4,000 buyer's premium and pay additional compensation after failing to verify material information about an investment property's mortgageability....

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Government confirms £2m mansion tax from March 2028 - propertywire.com/news/govern…
Government confirms £2m mansion tax from March 2028 - PropertyWire

Government confirms £2m mansion tax from March 2028 - PropertyWire

The Government has confirmed plans to introduce a High Value Council Tax Surcharge on properties valued at £2 million or more, with bills set to commence from March 2028. Chancellor John Healey's...

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165
Digital mortgage deed signing launched by LMS - propertywire.com/news/digita…
Digital mortgage deed signing launched by LMS - PropertyWire

Digital mortgage deed signing launched by LMS - PropertyWire

Conveyancing services provider LMS has launched Qualified Electronic Signatures for mortgage deed signing, allowing participating lenders and law firms to offer digital signing to customers. The...

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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 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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199
Property industry seeks clarity ahead of Autumn Budget - propertywire.com/news/proper…
Property industry seeks clarity ahead of Autumn Budget - PropertyWire

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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276
Estate agencies urged to prioritise first-party data - propertywire.com/news/estate…
Estate agencies urged to prioritise first-party data - PropertyWire

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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174
Fylde Coast group acquires agency despite ban history - propertywire.com/news/fylde-…
Fylde Coast group acquires agency despite ban history - PropertyWire

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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290
BestAgent launches membership club for estate agents - propertywire.com/news/bestag…
BestAgent launches membership club for estate agents - PropertyWire

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 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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331
Estate agents support regulation to tackle rogue operators - propertywire.com/news/estate…
Estate agents support regulation to tackle rogue operators - PropertyWire

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

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 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

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

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

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 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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249
Autumn budgets impact on London luxury property analysed - propertywire.com/news/autumn…
Autumn budgets impact on London luxury property analysed - PropertyWire

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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