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Here is this week's Breaking News from Property Investor Today. Join the debate by leaving a comment below a story - you will need to be logged-in to do this. 

Breaking News

House price growth in Scotland outperforming England and Wales

House prices in Scotland increased by an average of 0.5% in June to reach an average of £175,941, according to the latest Your Move Scotland House...

Property auction calendar – 21st-27th August

Property auctions are a good place for investors to pick up a bargain, and every week these events are taking place at venues across the UK,...

Property sales and prices are falling in Canada

Canada’s property market continues to run out of steam, with the latest data from the Canadian Real Estate Association (CREA) revealing that transactions fell by 11.9%...

Fewer investors using gifted deposits

The number of investors using gifted deposits, a sum of money that is given by a family member forming all or part of a deposit for...

Second charge lending surges 33% in June

The second charge mortgage market saw new business increase 33% by value and 22% by volume in June compared with the corresponding month last year, according...

Planning review proposals ‘offers a distinct overall lack of detail’

Taking into account the wide range of views expressed to the proposals set out in the ‘places, people and planning’ consultation, the Scottish government published a...

Legal & General Mortgage Club to host specialist lending events this autumn

Legal & General Mortgage Club has announced its calendar of autumn events that focus on the specialist lending sector. The half day events, which take place across...

Aston Mead backs MPs call to cut stamp duty

Land broker Aston Mead has backed calls for a reduction to stamp duty across all property price brackets in order to boost the level of activity...

Bridging lender offers free valuations on all new loan enquiries

The bridging loans sector has markedly raised its profile in recent years. It is also becoming better understood by property investors, and that largely explains why...

UK house price growth continues to slow

Growth in UK property prices increased at a slower pace of 4.9% in June, down from 5% a month earlier, according to the latest Office for...

Surge of Indian investors purchasing in Prime Central London

Property investors from India have become the second largest purchasing group in Prime Central London (PCL).  According to investment firm London Central Portfolio (LCP), Indian investors now...

UK’s largest auctioneer has offered record number of lots this year

Auction House, the UK’s largest property auctioneer, has offered more lots in the seven months to August than in any other year in its ten-year history. The...

Mortgage arrears and possession rates falling

The number of mortgages in arrears of 2.5% or more of the outstanding balance fell during the second quarter of 2017. This is according to UK Finance,...

Annual growth slowing as market 'pauses' for summer break

Annual house price growth slowed in July, according to the latest figures from LSL Property Services. Last month, annual growth dipped by 0.2% to 2.9% - the...

Record broken as over £3 million raised at Leicester auction

The record for the highest value of property sold at an auction in Leicester has been broken. A total of £3.4 million across 27 lots was raised...

Property investor jailed for failing to pay Capital Gains Tax

A property investor has been jailed for failing to declare Capital Gains Tax from the sale of his rental properties. Richard Fuller, 53, did not declare the...

Property price growth is coming to a standstill

Residential property prices in the UK increased at the slowest rate in over four years in July, due to ongoing political uncertainty, record-low stock numbers, and...

Cut stamp duty to free up mobility, says report

Improvements to the existing stamp duty regime would significantly boost the number of housing transactions across England and Wales, according to a new report. Stamp duty adds...

Property auction calendar – 14th-20th August

Property auctions are a good place for investors to pick up a bargain, and every week these events are taking place at venues across the UK,...

LendInvest floats on the London stock market

LendInvest, the UK online platform for property lending and investing, has listed a £50m retail bond on the London Stock Exchange’s Order book for Retail Bonds...

UK household wealth exceeds £10bn

Soaring home values provided a major boost to Britons holding property assets in 2016 as they helped push the nation’s wealth through the £10tn mark, according to...

Property investor gives away £120k house

A single mum who lived in a council flat with her newborn baby has been given a new £120,000 home for free by a millionaire who...

Lagan Building Contractors awarded £35m Outwood Wharf contract

Lagan Building Contractors has started work on a £35m contract for Outwood Developments to build the first phase of its Outwood Wharf development in Salford. Stage one...

First Guild Auction property snapped up for £875k

The Guild Auction, a new platform designed to enable property investors to acquire and offload property under a virtual hammer online, has secured its first sale. The...

UK construction growth prospects downgraded

Growth prospects for the UK construction industry have been downgraded amid growing signs that 2018 will be a difficult year for the industry. Forecasters at trade body...

London hotel market accounts for over half of total UK hotel investment

More than £1.bn was invested in the London hotel market during the first half of this year, which accounts for 55% of the UK’s overall total...

Understanding MEES – a guide for landlords

In just a few months the minimum energy efficiency standards (MEES) for commercially rented properties will come into force. From 1 April 2018, landlords of non-domestic private...

Foreign homebuyers surge 30% in Montreal

There was a 30% rise in the number of foreign buyers of property in Montreal in the first half of this year when compared with the...

UK house prices are ‘back on the rise again’

UK house price growth may be easing, according to the latest Halifax data, but it has been suggested that there are signs emerging that property price...

Sharp rise in mortgage choice for homebuyers

The number of mortgage products has continued to rise, with the volume of deals on the market having increased by 61% in just five years, according...

Australia imposes more measures to curb property speculation

Australia has added more measures to curb speculation on residential properties in an effort to curb rising home prices and help support first-time buyers in their...

Political uncertainty deters property sellers

The shock result of the recent UK general election which returned a hung parliament, coupled with ongoing concerns about the impact of Britain’s withdrawal from the...

Birmingham regeneration scheme moves a step closer

A scheme to regenerate a 17 hectare site in the heart of Birmingham city centre has moved a step closer after Birmingham City Council, together with...

New cladding tests reveal further safety failings

Cladding used on 111 high-rise blocks across Britain, 90 of which are owned or managed by social housing providers, have now failed a second round of...

Property auction calendar – 7th-13th August

Property auctions are a good place for investors to pick up a bargain, and every week these events are taking place at venues across the UK,...

How millennials shape the UK housing market

Millennials are the generation born between the early 1980s and the early years of the 21st century, which means that at this point they are between...

Demand for UK property at a five-year high, says Strutt & Parker

Strutt & Parker, one of the UK’s largest independent estate agents, has seen demand for property in the UK increase significantly in recent months, but the...

Bank of England MPC decision has ‘direct implications for every household’

The Bank of England has warned households to expect interest rates to rise over the 12 months but also predicted living standards will be squeezed by...

Prime central London property sales improve slightly

There was a marginal increase in the number of residential property sales in prime central London in the first half of this year, according to the...

The cost of materials is on the rise

A third of small building firms, which includes property investors taking on renovation jobs, say that soaring material prices are squeezing their margins and almost a...

Home, buildings and critical illness protection: Do you have enough?

If you’re not fully covered when it comes to protecting your home and health then you’re not alone. A recent UK survey carried out by the Association...

UK arable farmland values now stand at up to £10k an acre

The average value of bare agricultural land in England and Wales fell by 1.7% to £7,313 an acre in the second quarter of 2017, the latest...

Housing shortage drives up UK house prices

A chronic shortage of properties continues to drive house prices upwards across Britain, according to Nationwide Building Society’s latest house price index. The building society said that...

Former England football star jailed over land scam

Former Premier League football star and presenter of Gladiators TV show John Fashanu was locked up in a Nigerian cell with 200 other prisoners after being...

Together joins forces with Bamboo Auctions to finance online acquisitions

With more investors than ever before now buying property online, specialist lender Together has teamed up with Bamboo Auctions, one of the UK’s first online property...

Many ‘unhappy’ couples stay together in order to buy a home

Some 1.8 million UK adults have primarily stayed or would stay in a relationship in order to get a foot on the housing ladder, L&C Mortgages...

Homebuyers strongly urged to take out full private survey

More than three quarters of advisers recommend that homebuyers take out private surveys when purchasing or remortgaging a property, according to a new poll.  A survey of...

Independent inquiry: Grenfell exposed a ‘systemic failure’ of building regulation

The government’s decision to launch an independent review of building regulations after tests showed that at least 82 residential high-rises use a combination of insulation and...

Property auction dates for August 2017

Here are details of the UK property auctions taking place this month.  01/08/2017         William H. Brown (Norwich)        Norwich               Norfolk 01/08/2017         Great North Property Auction - IAM Sold              Durham               ...

Rich property investors target ‘trophy’ assets in London’s West End

Property investors acquiring commercial property in London’s West End continue to target ‘trophy’ assets, with around £3.9bn spent on properties in the first six months of...

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