Propp news reel is your one-stop-shop for property news in the UK.
The specialist property finance comparison site Propp.io has onboarded MS Lending to cater to the growth of enquires they are seeing for commercial bridges as the sector springs back to life after the pandemic. MS Lending, having launched just 2 months after Propp in January 2021 are relatively new to the scene, but are addressing […]
Read ArticleThese changes represent the first phase in a project by the National Trading Standards and Lettings Agency Team to define what is considered material information for property listings. Coming into effect in May 2022, new advertising rules will make it compulsory for certain property details to be included when introducing a property to market. The […]
Read ArticlePropp, the UK’s first specialist comparison site is inviting talented and driven individuals who want to get into the specialist property finance industry to kick off their career with them. The Propp platform has taken off and has grown its team by 70% in 12 months and has launched its Academy to meet the demands […]
Read ArticleAfter being approached by a client at risk of losing over £100k in deposit, the team behind Propp.io, the UK’s first specialist finance comparison site enlisted Together to get the loan over the line in record time. The client was purchasing a new build penthouse apartment, but due to some complications relating to their funds […]
Read ArticleRents continue to accelerate Over the last 12 months rents have increased by £38 to a national average of £818. The extensive growth is partly being driven by an increased demand for detached housing as tenants prioritise increased space and gardens as a result of the pandemic. Matt Trevett, Managing Director of The DPS said […]
Read ArticleThe pandemic has accelerated a shift in the way consumers interact with physical space, with increased spending online and working from home having an impact on town and city centres up and down the country. Town and city centres have adapted for centuries on the whims of consumer behaviour, so don’t expect vacant Debenhams stores […]
Read ArticlePropp’s goal is to transform the way people obtain specialist property finance, by driving transparency and innovation in the sector. Peter Williams, CEO of Propp said “Over the past twelve months we’ve seen countless straightforward cases being rejected by lenders for trivial reasons, which is why it’s so important to build relationships with new lenders […]
Read ArticleCrowdProperty has launched a new product to support developers who wish to secure a development prior to receiving planning permission. The finance can be used for a range of projects, with a focus on conversions of existing assets to residential use. The product is even available to developers with limited experience provided they work with […]
Read ArticleA panel commissioned by the government has found there is ‘no systemic risk of fire’ in smaller blocks, resulting in the EWS1 forms being scrapped for lower rise blocks. The advice states that fire risk should be managed through alarm systems and sprinklers wherever possible, and added that the majority of the low to medium-rise […]
Read ArticleChanges to permitted development rights come into effect on 1st August 2021 Some of the most significant changes to the classification system of PD in a decade are coming into effect next month. So what are the main changes and what do they mean for developers? The new planning law enables unused commercial buildings to […]
Read ArticleHomelet’s annual rental index has arrived – what picture does it paint of the UK’s rental landscape for the year up until May 2021? Rental yields rose 6.4% year-on-year across the UK (excluding Greater London), jumping to £854 while annual growth continues to drag in the city. Which regions saw the highest levels of growth? […]
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