Commercial Finance & Properties

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Property News

Property Sector News

3/7/20 Nationwide: Annual house price growth grinds to a halt in June as
the impact of the pandemic filters through 

30/6/20 Property Weekly: The City of London has put The Mark Lane Estate on the market with an asking price of £103m, reflecting a net initial yield of 4.81%. 

30/6/20 Property Weekly: Intu investor keen to flog Trafford Centre 

24/6/20 Estate Agent Today: House prices to rise further over next three months – Zoopla 

23/6/20 Inside Media: Pre-tax profits have been slashed of the property investment giant, Custodian REIT to £2.1m for the year to 31 March 2020, down from £23.6m. 

23/6/20 City AM: UK house prices to fall five per cent this year 

23/6/20 The Telegraph: The property hotspots with the most green space and best value homes 

23/6/20 Relocate Magazine: Lockdown relaxation sparks property surge 

22/6/20 Estate Agent Today: Purplebricks’ biggest critic warns over housing market uncertainty 

22/6/20 Todays Conveyor:  Simultaneous Exchange And Completions – Are They A Good Thing? 

High Streets

3/7/20 Business Money: Public appreciate efforts of retailers and their staff – BRC-Opinium coronavirus survey 

29/6/20 Business Money: Shoppers feel retailers are doing enough to protect the public 

23/6/20 Estate Agent Today:High Street agency veteran speaks up for hybrid business model 

22/6/20 The Mirror: Next to reopen 66 more high street stores from today 

22/6/20 Wired- Gov: Government provides further halt to business evictions and more support for high street firms 

19/6/20 Property Week: New company aims to save UK high streets 

Commercial Rentals

30/6/20 Property Weekly: June commercial rent collections mirror previous quarter day at four-day mark 

23/6/20 Property Weekly: Travelodge CVA approved 

22/6/22 Accountancy Today: To rent or not to rent? Chancellor’s changes swing  commercial property benefit from Entrepreneur’s Relief to Capital Allowances 

22/6/20 Estate Agent Today: The death has been announced of one of the country’s leading campaigners against the injustices of the leasehold system, Louie Burns. 

Residential Rentals

3/7/20 Landlord Today: Rogue landlords in London’s East End forced to pay more than £100,000 

3/7/20: Landlord Today: New rent arrears guidance issued by leading housing organisations 

29/6/20 landlord Today: Misery for tenants as cost of renting continues ‘to climb across the UK’

22/6/22 Daily Mail: Inside the UK’s most sought-after rentals: From a chic London apartment with its own rooftop playground to a modern waterside home with an outdoor pool 

Buy To Let Residential

2/7/20 Landlord Today: North West is home to fastest-growing buy-to-let yields 

2/7/20 Landlord Today: Rents rise as the market returns to pre-Covid activity levels 

2/7/20 Landlord Today: Ban on tenant evictions will not be extended beyond next month 

30/6/20 Bridging and Commercial: Landlords will face ‘a lot of pressure’ throughout this year 

30/6/20 Landlord Today: Slump in mortgage approvals will inevitably see people ‘renting for longer’ 

25/6/20 Landlord Today: Landlord ordered to pay more than £3,000 after harassing tenants 

24/6/20 Landlord Today: BTL rental yields remain broadly unchanged year-on-year 

22/6/20 Landlord Today: Ipswich withdraws BTL products following high demand from applicants 

22/6/20 Landlord Today: Court ruling will be ‘a huge relief to private and social landlords’ 

22/6/20 Property Investor Today: A Build to Rent (BTR) mystery – what has happened to Atlas Residential UK? 

Planning Permissions

24/6/20 Today’s Conveyancer:  The government have confirmed that planning permissions that have expired between the start of lockdown (23rd March 2020) and the end of 2020 will automatically be extended to 1st April 2021 

22/6/20 Housing Today: Government to act to extend planning permissions 

16/6/20 Property Week: Planning permission granted for next phase of £400m Kirkstall Forge scheme 

12/6/20 Bridport News: Planning permission received for ‘green’ home to be built in Mount Lane, Eype, Dorset 

Commercial Developments

23/6/20 Property Weekly: U+I submits plans for £770m mixed-use Greenwich scheme 

22/6/20 The Times: Holborn Studios sees off property developers 

22/6/22 Herald Scotland: Met Tower developer bullish despite home working shift 

Residential Developments

2/7/20 Aldermore: Aldermore has provided a £5m, 10 year, interest-only Commercial Residential Investment refinance facility to Quintain Alto Residential Limited 

29/6/20 Business Money: Funding deal enables Manchester developer to buck trend with new residential scheme 

25/6/20 Property Weekly: New Hill Group and Bioregional JV to build affordable green homes 

25/6/20 Property Weekly: Barratt Homes benefiting the most from the government’s Help to Buy scheme 

23/6/20 Property Reporter: Regeneration specialist, Vistry Partnerships, has announced that it has completed a new deal with government housing agency, Homes England, to acquire a site in Sandymoor, Runcorn, with a development value of £75m.

23/6/20 Estate Agent Today: New homes delivery to plummet by a third despite high demand 

Estate Agencies News

29/6/20 Estate Agent Today: Over 50 jobs lost as Midland agency, Andrew Grant, collapses into administration 

25/6/20 Estate Agent Today: Distressed agents may benefit from the latest commercial eviction ban 

25/6/20 Estate Agent Today: Boom! Agency records highest ever number of offers accepted in a week 

24/6/20 Estate Agent Today: Industry veteran Harry Hill, a former chairman of Countrywide and founder of Rightmove, has now become a mentor at the new Agents Together foundation 

24/6/20 Property Industry Eye: UK house price growth to remain positive over the next quarter – Zoopla 

23/6/20 Letting Agent Today: Warning of ‘perfect storm’ for agents as new electrical checks arrive 

23/6/20 Reuters: Rightmove sees revenue hit; says housing market recovering 

23/6/20 Estate Agent Today: Rightmove and OnTheMarket extend cut-price fees deals 

22/6/20 Estate Agent Today: Rightmove was warned for years to improve relationship with agents 

22/6/20 Estate Agent Today: Purplebricks’ biggest critic warns over housing market uncertainty 

16/6/20 Estate Agent Today: Almost half of Keller Williams agency’s new recruits have no property experience 

Overseas Properties

29/6/20 Property Investor Today: Investment in Portugal – Finnish group commits €30 million to a sustainable scheme 

24/6/20 Mondaq: There are unique opportunities now for buying a house in Italy 

22/6/20 Property Investors Today: Q&A – could Cyprus become the next European investment hotspot post-pandemic? 

12/6/20 Property Investor: Q&A – why should you invest in Uruguay?