Gold Standard Service with Hyde New Homes September 4, 2024 | Sponsored Our developments across the city, by the coast, and in the countryside offer the chance to step onto the property ladder with shared ownership in London, Kent and Sussex. Each Hyde home is a testament to our commitment to exceptional workmanship and thoughtful, sustainable design. At Hyde, our customers come first. This means staying in [...]
Helping you onto the ladder in London September 4, 2024 | Sponsored Getting onto the property ladder is a key goal for many of us, but the financial demands associated with buying a property, especially in London, can be daunting for aspiring home hunters. At Sovereign Network Group, we appreciate the obstacles faced by those starting their journey and have seen the value that the Shared Ownership [...]
UK property equity surges to new record as house prices recover with falling rates September 4, 2024 The value of the UK’s property equity is higher than ever before having surged to almost £6 trillion, new research has revealed. The study by the Equity Release Council calculated that recovering house prices helped to increase the figure to an “unprecedented” £5.7 trillion in the three months ending June 30, 2024. This was up [...]
John Lewis: £80m plans create new homes at site in Elizabeth Line-linked Reading September 4, 2024 The John Lewis Partnership has submitted plans to transform one of its disused warehouses in Reading into an £80m residential complex featuring more than 200 rental units. The plans, which were submitted to Reading Borough Council this week, lay out the company’s vision to demolish the current structure and replace it with 215 homes, plus 6,000 [...]
Rents rise at slowest rate in nearly three years – but average hits £1,200 August 21, 2024 A rise in properties on the market means rents for new lets have grown by their slowest rate in nearly three years this year, and are expected to fall below wage growth for this first time since 2021, an analysis has revealed. Rents for new lets grew by 5.7 per cent in the 12 months [...]
Watkin Jones: Property developer lowers profit guidance warning of ‘slow’ outlook August 21, 2024 Property developer Watkin Jones has warned investors that a “slower than expected” summer market and “uncertainty” over the pace of interest rate cuts will weigh on its full year results, as it lowered profit guidance. In a trading update, the Aim-listed firm, which in its half-year results in May returned to profit thanks to a [...]
Empiric Student Property rental growth strong as re-booking set to reach record high August 15, 2024 Empiric Student Property’s like-for-like rental growth hit 10.5 per cent in the first half of its 2024 financial year as the demand for student property exceeded demand. The firm, which owns and operates student accommodation at top UK universities, reported revenue growth of 2.7 per cent over the six months to 30the June. Adjusted earnings [...]
A former royal residence in Little Venice could be yours… for £26m August 6, 2024 A former royal residence in Little Venice that was once owned by Irish-American dancer Michael Flatley has gone on the London property market for a cool £26m.
Regional REIT: Boost to bottom line as it looks beyond emergency capital raise August 5, 2024 Embattled real estate investment trust Regional REIT was given a boost from exchanges on six big leases in the three months to June, helping it achieve a double digit net rental uplift since the start of the year.
Newriver’s Ellandi acquisition gives boost to results as firm eyes up Capital & Regional bid August 5, 2024 London-listed Newriver REIT's acquisition of Elandi Management helped it buck the downward trend plaguing much of its sector to post a strong operational performance in its first quarter as it tries to sew up a deal for rival REIT Capital & Regional.