TSB signs up with new Iress technology

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TSB has become the first major lender to adopt Lender Connect mortgage broker technology from Iress. The platform is said to improve efficiencies by creating a frictionless journey when going through brokers. TSB has been looking to recover in 2019 after suffering a much publicised IT meltdown in 2018 which cost the bank £330m. Roland […]

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Rockwell partners with Gateway Housing Association to deliver affordable homes

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Mixed-use property developer Rockwell has partnered with Gateway Housing Association to deliver so-called affordable housing at its landmark development at 82 West India Dock Road in London’s Westferry. The 30-storey hotel and residential building adjacent to Westferry DLR station, at the gateway to Canary Wharf, is due to start construction shortly. It will be completed […]

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Barratt launches off-plan reservations for Tiverton development

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Homebuyers can now reserve a new property at Barratt Homes’ development in Tiverton. Braid Park, which is due to officially open in 2020, is now selling off-plan through Welden & Edwards Estate Agents, located on Bampton Street in Tiverton, and buyers can choose from a selection of two, three and four-bedroom homes. Nicki Reid, sales […]

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Estate agent searches happening outside the 9-5

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A third of Hamptons International clients are making property searches on a Sunday after the estate agent launched a 27/7 service last year. Currently 80% of property searches begin online, with buyers, renters, sellers or landlords all using the online system. Mary Beeton, head of London sales at Hamptons International, said: “We identified the need […]

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Rent hikes surge due to tenant fees ban

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More tenants experienced rent hikes in 2019, likely due to the introduction of the tenant fees ban on 1 June. Some 46% of tenants saw a rent increase in 2019, up from 26% in 2018, NAEA Propertymark and ARLA Propertymark data shows. David Cox, chief executive, ARLA Propertymark, said: “It’s no surprise that tenants have […]

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Kensington & Chelsea the most searched for Airbnb location in London

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Kensington and Chelsea is the most searched for Airbnb location in the capital, research from End of Tenancy London has revealed. Approximately 570 people type ‘airbnb Kensington’, ‘airbnb chelsea’ and other related terms into Google every month. Kensington and Chelsea is the most expensive borough on average in London, at a daily price of £188. […]

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BPF launches ‘manifesto’ on improving the planning system

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The British Property Federation has launched its own ‘Accelerated Planning Manifesto’ with industry perspectives on improving the planning system. The manifesto highlights resourcing as a key issue for the planning system, with per person spending on planning falling by 55% since 2010. However, with the major parties prioritising housing during the current General Election, the […]

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Halifax rated the UK’s best bank

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Halifax has been rated the UK’s best bank owing to the speed and ease of application. The ‘Mortgage Lender Benchmark’ research, which asked mortgage brokers of their opinions of lenders, was carried out by review site Smart Money People. The worst rated bank for service was M&S Bank. Brokers’ second favorite bank was NatWest, followed […]

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Landbay partners with homeless charity

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Landbay is donating £10 for every mortgage completion to Cardinal Hume Centre in Westminster to support local people facing homelessness and poverty. In addition to the thousands of people on the streets on any given night, an estimated 12,500 in London alone, are living in dangerous and insecure accommodation arrangements. Landbay will also embark on […]

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TDS publishes matrix to simplify tenant fees ban

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The Tenancy Deposit Scheme has published a matrix to help landlords and agents navigate the tenant fees ban in Wales and England. The matrix has been created in conjunction with ARLA Propertymark. Debbie Davies, head of communications at TDS, said: “We created the matrix to highlight the most important points of the legislation in a […]

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