Sir Malcolm Walker, founder and boss of the Iceland stores chain, has acquired the Individual Restaurants estate out of administration in a deal reported to be worth more than £40m.
Buying a property is never straight forward and even seasoned property professionals will run into an unexpected hurdle at some point. For first-time buyers, especially in the current climate, the property buying process can be utterly baffling.
No visible signs of the property market easing on its traditionally-seasonal brakes just yet. The latest figures released by NAEA Propertymark have revealed that prospective buyer numbers reached the highest ever recorded for the month of October.
Storms have battered parts of the UK this year, with rain, wind, hail and snow creating havoc for homeowners on six different occasions.
What will happen to HMOs (Houses of Multiple Occupancy, also known as house shares) as the pandemic continues and with a recession in the offing? Some have suggested that this spells the end for HMOs.
Flipping can be a fantastic way to make money from property in a short space of time, but it is not without its pitfalls and, if you get your numbers wrong, your flip could turn out to be a flop.
Connells once more says Alchemy deal to finance Countrywide will not sort out its financial and operational problems.
Banks and building societies say they weren't consulted on EWS1 form exemption announcement made over weekend by government.
Harworth Group, a leading regenerator of land and property for development and investment, has acquired off-market Saturn Park in Knowsley, Merseyside, for £26 million plus acquisition costs.
Rochdale shopping centre to close its doors due to accelerated shift in retail habits
Supermarket Income REIT has bought a Tesco Extra and an Aldi supermarket in Beaumont Leys, Leicester from British Land in deal worth £63.4m.
Property firm Stenprop has bought a multi-let industrial estate in West Bromwich in a deal worth £2.8m.
The company has snapped up the Phoenix Industrial Estate from a private investor. The estate includes 21 units totalling almost 47,000 sq ft.
The move is part of a double deal with for a combined total of £14m.
Albeit slightly historic, the latest data released by the ONS and the Land Registry has confirmed that the mini-boom lived up to its name during September with a 4.7% rise in average UK house prices.
Activity is strongest in the upper end of the housing market where stamp duty savings are most significant.
The government is set to revise its proposals for controversial planning reforms in England, after new housing targets prompted a backlash amongst some senior Conservative MPs
Mortgage payment holidays are being extended for homeowners financially affected by the pandemic.
The scheme had been due to come to an end on Saturday.
Housing secretary Robert Jenrick has confirmed that house moves can continue when Thursday's lockdown begins, but has yet to decide whether branches can remain open.
roperty advisory group Knight Frank’s chairman today said another lockdown will be a setback for the economy, but he still thinks offices will play an “essential role” in business.
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