Property News

After 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 […]

A client of ours made some excellent choices to enable them to purchase a commercial unit and immediately recoup most of the cash investment they’d made. This allowed them to move straight on to their next project whilst gaining passive rental income and increasing their portfolio. Because the loan amount was higher than the purchase […]

Rents 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 […]

The superhero of financing Bridging loan finance is an incredibly versatile tool for investors. They are all about flexibility and fast turnaround times. For anyone needing a bridging loan, speed is always of the essence and it can often feel like a bridging loan is ‘coming to the rescue’. There are three specific needs that […]

The 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 […]

Propp’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 […]

CrowdProperty 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 […]

A 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 […]

Changes 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 […]

Homelet’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? […]

After a brief teasing of sunshine we’ve enjoyed a wet and cold few weeks which can only mean one thing…summer’s on the way! As the months fly by make sure you don’t miss these deadlines 👇 📅 30th June – Stamp Duty Holiday Changes Chancellor Rishi Sunak’s initiative to boost the property market by suspending […]