News

LondonMetric Property has announced impressive financial results for the first half of 2025, showcasing a remarkable revenue increase of 153% compared to the same period last year. Reporting earnings per share (EPS) of £0.08, consistent with 1H 2024, the company's overall revenue reached £198.0 million. This substantial growth highlights the company's robust operational performance and suggests promising...

The UK real estate market is preparing for a significant turnaround in 2024, as analysts project a combination of interest rate cuts and falling inflation will catalyze a surge in investment activity, particularly within the commercial property sector. Insights from distinguished experts indicate that the anticipated economic climate may present an attractive landscape for investors. Oliver, who spearheads...

The Somerset Council's planning committee has recently given the green light to a contentious 30-bed House in Multiple Occupation (HMO) development on Friarn Street, Bridgwater, despite significant objections from local officials about potential flooding and parking pressures. The decision highlights ongoing tensions regarding the balance between urban development and community concerns in...

In a significant move for the property investment sector, Foundation Home Loans has unveiled enhanced Buy to Let Specials, effective from November 12,2024. These updates present landlords with some of the most competitive rates on the market, tailored to meet various borrower profiles, which come at a crucial time as financial conditions evolve post-Budget. The new product offerings include clearly defined...

In a significant crackdown on housing safety, landlords in Northampton have been collectively fined over £400,000 for neglecting essential safety standards in their Houses in Multiple Occupation (HMOs). The West Northamptonshire Council took decisive action against these landlords, levying penalties for a range of violations including the operation of unlicensed HMOs and the failure to adhere to safety...

In recent urban developments, proposals to convert residential properties into houses of multiple occupation (HMOs) are becoming more common, raising questions about community dynamics and management. One such initiative is presented by Aamer Shah, who seeks to transform a two-bedroom semi-detached house on Barton Road in Stretford into an HMO accommodating up to 10 tenants. As the application has been...

In a significant decision for the Bridgwater community, the planning committee recently approved a contentious proposal for a 30-bed House in Multiple Occupation (HMO), sparking a debate over environmental concerns and local infrastructure strain. Despite considerable opposition citing potential flooding risks from the nearby Durleigh Brook and existing parking challenges in an already congested area, the...

In a dynamic financial landscape, Halifax has stepped forward with an innovative 1.5-year fixed-rate remortgage product, designed to meet the evolving needs of homeowners seeking flexibility amid economic uncertainty. This new offering is aimed at attracting customers looking for competitive rates while navigating the complexities of the current mortgage market. On a different front, Aston Martin has...

In a contentious meeting held earlier this month, the Somerset Council's planning committee cast a decisive vote approving a 30-bed House in Multiple Occupation (HMO) project on Friarn Street in Bridgwater. This development has sparked significant local opposition, particularly concerning flood risks associated with nearby Durleigh Brook and inadequate parking provisions for a site expected to attract...

West Northamptonshire Council is taking firm action to combat the unregulated operation of Houses in Multiple Occupation (HMOs) following substantial fines issued to a group of landlords. This crackdown follows the identification of numerous violations in safety standards and licensing, specifically targeting properties owned by Khurram Jamil and others, which have collectively racked up over £400,000 in...