Your Daily Real Estate Intelligence

<p>How lenders can use ROVs to improve outcomes, transparency and trust </p>

<p>United Trust Bank has provided an £8.5 million commercial sales bridge facility to support the refinancing of a care home development site in West London. The completed project is expected to achieve a gross development value of £65 million.</p> <p>The post <a href="https://www.propertywire.com/n...

<p>Parties have two weeks from Aug. 19 to seek rehearing after the November 2024 final approval was affirmed</p>

<p>Referral rate, repeat clients and local reputation are leading indicators of resilience in slow quarters</p>

<p>One-third of lenders now offer accelerated home equity closing and funding, up from last year </p>

<p>Almost three out of five first-time buyers believe that having existing debt will prevent them from obtaining a mortgage, according to new research from Lloyds. The survey of 1,000 prospective buyers found that 58% thought any borrowing would block mortgage approval, while 37% believed a 20% depo...

<p>Property management firm Centrick has been appointed to Crest Nicholson's managing agent competency framework, allowing the company to tender for residential development management contracts across the housebuilder's portfolio. The appointment follows an assessment of Centrick's operations, proce...

<p>UK inflation increased to 2.9% in July, up from 2.6% in June, according to Office for National Statistics data. The rise above the Bank of England's 2% target could delay anticipated interest rate cuts and maintain higher borrowing costs for property buyers.</p> <p>The post <a href="https://www.p...

<p>Buyer demand weakened in June as affordability pressures and economic uncertainty continued to affect the housing market, according to Propertymark's latest data. The average number of new prospective buyers registering at each member branch fell to 55 during the month, while sales agreed remaine...

<p>A Glasgow-based property management and lettings firm has completed its first acquisition, setting a target of £4m in turnover within five years as it expands across Scotland's Central Belt. Dwello Property has acquired the lettings business of Thomson Residential, adding to a portfolio that has ...

<p>Luxembourg-based private equity firm CVC has acquired a majority stake in OpenRent, Britain's largest lettings agency by transaction volume, in its first major investment in the UK residential housing market. The deal, subject to regulatory approval, will see founders Adam Hyslop and Darius Bradb...

<p>Bonert said she may be the most tenured employee impacted, as Zillow cut 500-plus roles in early August</p>

<p>Point is betting that broker distribution can scale the product </p>

<p>UK rental growth accelerated to 3.7% in July while house price inflation slowed to 2% annually, according to ONS data. London saw rental growth increase from 2.2% to 3%, while house prices in the capital fell for the tenth consecutive month.</p> <p>The post <a href="https://www.propertywire.com/n...

<p>A postwar payment model close to rent contrasts with today’s land, infrastructure, and public-builder return thresholds</p>

<p>RAMP uses FHA data to show geography, market shares and origination volumes across HECM product types</p>

<p>Knock is now operating in 32 states and Washington, D.C. </p>

<p>In regulated, high-variance lending, model maturity depends on exposure to edge cases and day-to-day production files </p>

<p>More than 2 in 3 online applications are abandoned, and valuation inconsistencies can erode trust across channels</p>

<p>A new executive survey shows intensifying margin pressure and highlights the homebuilder growth strategies that matter most through 2026</p>