Propp news reel is your one-stop-shop for property news in the UK.
Due to the recent EPC requirements update on April 1st 2023, commercial landlords are now unable to let commercial property that has an EPC rating lower than ‘E’ without a legitimate reason. Landlords with a property that has an EPC rating of F or G will be unable to secure new tenancies unless the property is registered […]
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 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 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? […]
Read Article* bespoke quotes supplied the next working day following provision of all required lender information being supplied and validation by Propp case manager
† saving based on annualised interest rate saving where deal optimiser service negotiated a lower rate than lender’s published rate, based on current average saving of 0.9% and average loan £1051785. Time saving based on automated versus manual bespoke rate requests.