Construction giant goes into administration

Some lenders have pulled their entire range of new mortgage deals from the market in light of the conflict in the Gulf. Banks have been raising their rates in the past few weeks, but now there is a new development with a number choosing to withdraw new offers completely. Swap rates, which are a major…

However, progress remains slow, according to executive search data analysis Author: Gemma Discover more from Sovereign Prime Property Subscribe to get the latest posts sent to your email. Type your email… Subscribe

Savills has bucked the trend of flat results with group revenue up 9% in the first half and growth reported across all parts of its business. The international agency did, however, admit “activity slowed” in Britain in the second quarter after a fast start to the year. Political change “Sentiment in the UK market was…

Bradford landlord Hasan Kazi, 76, has been found guilty of a series of new offences related to poor conditions at three of his HMOs. Kazi has a history of breaching housing regulations, and in court, Deputy District Judge Imran Hussain (pictured), warned he now faces a “significant financial penalty”. The case relates to properties in…

A globally unique private partnership hoping to revolutionise home ownership in the UK has begun spending £130 million on 250 properties in Greater London that will in turn be ‘sold’ to first time buyers on a rent-to-own basis. Keyzy launched its home ownership model in May 2022 but it has taken a further three years…

Reform’s housing spokesman has been sacked after making “shocking” remarks about the Grenfell Tower fire tragedy. The party’s Simon Dudley said that the deadly fire was a “tragedy”, but that “everyone dies in the end”. His comments during an interview to Inside Housing Magazine revealed him describing building safety regulations introduced after the 2017 Grenfell…