Blueground launches first properties in London


Real estate technology company Blueground has launched its first collection of furnished apartments in London. As PropertyWire detailed in December, the company provides a place to live for primarily work-related travellers in various cities. Saad Cheema, VP of global expansion at Blueground, said: “We have extremely trusted relationships with the landlords and property developers we […]

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BoE: Mortgage borrowing holds steady in December


Net mortgage borrowing reached £4.6bn in December, above the £4.2bn average seen over the previous six months, the Bank of England’s Money and Credit statistics found. The number of approvals rose to 67,200, above the six-month average of 65,900, highlighting that the market still performed steadily amidst the uncertainty of the general election. Kevin Roberts, […]

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FCA to make it easier to get a mortgage without advice


The Financial Conduct Authority is pressing ahead with rule changes that should make it easier for people to take out mortgages without getting advice. As detailed by the regulator in a policy statement, suggesting a customer does or doesn’t take out a type of mortgage, like a variable mortgage, will not be considered advice. Instead […]

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Government should explore Airbnb regulation


The news that 10% of landlords are considering switching to an Airbnb model should come as a warning to the powers that be. The growing popularity of short-term lets hasn’t been all doom and gloom – now people can travel and live in quality accommodation, rather than pay steep costs to stay in mediocre hotels. […]

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Government should explore Airbnb regulation


The news that 10% of landlords are considering switching to an Airbnb model should come as a warning to the powers that be. The growing popularity of short-term lets hasn’t been all doom and gloom – now people can travel and live in quality accommodation, rather than pay steep costs to stay in mediocre hotels. […]

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Southampton developments to open for the public


Southampton homebuyers can visit Inland Homes’ Chapel Riverside and Meridian Waterside developments on Valentine’s weekend. Guests will be given the opportunity to view the apartments under construction at both Chapel Riverside and Meridian Waterside. After making an appointment visitors will be provided with safety wear on arrival. They will be shown round apartments with the developments’ […]

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Legal & General acquires Manchester Build to Rent tower


Legal & General has purchased “North Tower” in Deansgate Square, Manchester, on behalf of its two funds, UK Property Fund and Managed Fund. North Tower provides 276 luxury apartments of one-, two- and three-bedrooms, across 37 storeys. Residents have access to a two-storey gym, 20m swimming pool, sauna, steam room, fitness studios and an indoor […]

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Concerns raised as 10% of landlords consider adopting Airbnb model


Some 10% of landlords are considering switching to short-term lets, ARLA Propertymark’s Impact of Short-Term Lets report has found. Should that many landlords depart from long-term letting there would be 50,000 fewer properties for long-term tenants – which could push the cost of renting up. David Cox, chief executive of ARLA Propertymark, said: “The growth […]

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People in Sunderland face shortest wait to buy


Those living in Sunderland can save for a house deposit in just six years and eight months, faster than any other major UK city. Bradford and Hull are other cities where you can save for a deposit in a relatively short space of time, research from finder comparison site finder.com revealed. Predictably London is at […]

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Atelier Capital Partners launches from former Amicus duo


Lender Atelier Capital Partners come to market with short-term lending and development finance products. The company was co-founded by Keith Aldridge and Chris Gardner, who were formerly directors of specialist finance group Amicus Property Partners, which halted lending in December 2018 and fell into administration in January 2019. Atelier is offering a range of short-term […]

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