UK’s first property development portal launches despite Coronavirus


A worldwide pandemic hasn’t stopped an East Yorkshire based business from launching the UK’s first online, unique property development search portal, revolutionising the way investment property developers search and sell online. What started out as a property development hobby for business partners Jonathan Barker and IT expert Alex Appelbe, soon turned into a gem of […]

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HMRC: Residential property transactions down 35.9%


The number of UK property transactions in June was 68,670 which is 35.9% lower than in June 2019 however 31.7% higher than figures recorded the previous month, according to the latest UK Property Transactions Statistics by HM Revenue & Customs (HMRC). The number of non-residential property transactions in June was 7,340, which is 27.4% lower […]

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Landbay ups max lending limit to £1.5m and cuts rates


Buy-to-let lender Landbay has upped its maximum loan sizes from £1m to £1.5million on all standard properties, houses in multiple occupation (HMOs) and multi-unit freehold blocks (MUFBs). It has also increased the max loan size on new build properties to £750,000 from £500,000 across its whole range. The lender has also raised its maximum loan […]

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B3Living signs £49m deal with Inland Homes to deliver 195 homes


Broxbourne-based housing association, B3living, has signed a £49m deal with house builder Inland Homes for 195 homes in southeast Hertfordshire. These properties will form the first phase of Inland’s Homes’ major redevelopment of the former Tesco HQ site in Cheshunt. Through the deal with B3Living, the site is set to deliver 180 affordable properties in […]

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Housesimple rebrands to Strike


Online agent Housesimple has rebranded to Strike. The agent is currently based in Manchester, Liverpool, Leeds and Sheffield, while the service is being expanded into Newcastle, Middlesbrough and Sunderland. The company is launching in the North of England with a combined ITV and Channel 4, radio and digital marketing campaign. Sam Mitchell, chief executive officer […]

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Sheffield auctioneer reports post-lockdown boom


A Sheffield online auction attracted £3.25m in sales after the lockdown – with all 24 lots being sold. Auctioneers Mark Jenkinson and Son also sold a house at Upperthorpe, Sheffield, for £279,000, more than £100,000 above the guide price. Adrian Little, head of the auction department at Mark Jenkinson and Son, in Norfolk Row, said: […]

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Newcastle City Council selects partner to deliver final phase of £200m development


Following a global search for a developer to complete the final phase of Newcastle’s £200m Stephenson Quarter development, Newcastle City Council has unveiled that it has selected a partner. PfPigloo has been selected and will form a joint venture company entitled Stephenson Works LLP. The bidding process was managed by Knight Frank. PfPigloo is a […]

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Legal & General invests £50m into Edinburgh regeneration project


Legal & General has invested over £50m into a regeneration project in Princes Street in Edinburgh. The investment, made on behalf of the L&G UK Property Fund, will be put towards creating a new hotel and city centre ‘hub’ which will include a shopping, dining, hospitality, leisure and event space. This investment comes following similar […]

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Property asking prices jump to a record high


The average price of property coming to market in Britain is at a record high of £320,265, data from Rightmove has revealed. In addition to the rise in property asking prices, the number of people contacting estate agents about house viewings is up by 75% so far in July compared to the same period last […]

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