Propp news reel is your one-stop-shop for property news in the UK.
PROJECT BACKGROUND: Our client wanted to raise £200,000 against his residential property to fund a major home refurbishment. The works included a large extension, a new kitchen and bathroom, window replacements, and full decoration – essentially a complete property transformation. CHALLENGE: The main challenge was the client’s complex income structure. As a small shareholder in a large recruitment […]
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Project Background: Our client needed to raise £243,000 against an unencumbered, mortgage-free buy-to-let property in order to fund a new auction property purchase. The target property was part of the client’s existing portfolio, valued at £375,500, giving a loan-to-value of just under 65%. The exit strategy was secure, as the new property had already been sold, providing […]
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LTV
Project Background: Our client agreed to purchase both the business and freehold premises of a well-established pub in Scotland for a total of £300,000. He personally contributed £150,000 upfront to acquire the business, with an agreement in place that allowed three years to complete the purchase of the property. We were then engaged to secure finance for the remaining £150,000 […]
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LTV
Project Background: Our client, an experienced property investor, needed to secure a Buy-to-Let mortgage against four HMO properties valued at £2,055,000. These properties, tenanted by a supported housing company, provide accommodation for individuals with learning difficulties, mental health issues, autism, and other social care-related needs. Our client wanted to release equity from two of the […]
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LTV
Project Background: Our client needed to secure a Buy-to-Let remortgage to repay a development finance loan that was nearing its repayment deadline. The property in question was a £3.7 million multi-unit block with a unique setup: 21 separate titles, including leasehold flats and multiple houses, within the same street. This complexity made finding a lender […]
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Project Background: Our client faced a deeply personal challenge: his mother’s dementia diagnosis required him to move in with her as a non-owner occupier to provide care. To make this possible, he needed to remortgage his residential flat into a Buy-to-Let property, allowing him to generate rental income while focusing on her well-being. Challenge: The […]
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LTV
Project Background: Our client seized an opportunity by acquiring a former high street store for £625,000. The property spanned 13,000 sq. ft, featuring a neglected retail space downstairs and three rundown flats above, creating a mixed-use property with an estimated GDV of £1.2 million. Challenge: Converting the neglected retail space into an oriental supermarket while […]
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LTV
Project Background: An experienced property investor wanted to convert a disused hospital in Darlington into 30 modern flats. Already owning the property, the client needed a £2.9 million loan to finance the refurbishment. The development was projected to deliver a Gross Development Value (GDV) of £5.5 million upon completion. Challenge: The main challenge, in this case, […]
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LTV
Client leveraged his residential property to purchase grade 2 listed commercial property, consisting of 4 retail units and 2 floors of office above…
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LTV
A portfolio landlord approached Propp, the specialist finance comparison site to purchase a detached property for £850k next to Manchester airport…
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LTV
A client who had been running hotels for many years wanted to take the leap to buy her own premises. She found a beautiful property valued at £1.2m…
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The Propp news reel is your one-stop-shop for property news in the UK. Covering areas of specialist lending such as bridging finance, commercial mortgages and development finance.
Whether you’re a seasoned investor, novice landlord or avid auction buyer you’re in the right place to stay on top of all you need to know about property.
We’ll be updating this section with the UK’s latest landlord news, tips for managing tenants and maintaining a profitable portfolio whether you’re a first-time landlord or have a portfolio of HMOs.
Buy-to-let investors and landlords can check in for regulatory updates and information on investment opportunities up and down the country.
Keeping up to date with buy to let latest news is key to success as a landlord.
Tenants and landlords alike can check in for lettings news to compare rental price trends up and down the country.
You’ll be kept up to date on the latest and greatest across the world of bridging finance, from stand out products to lenders that are making a splash.
Short term finance is a useful tool in any investors toolkit, be it to support purchases at auction or to fund the purchase and renovation of unmortgageable properties to make them marketable. The industry can be a whirlwind so stay up to date with the best rates on the market by tuning into our bridging loan news reel.
Check in here for regulatory updates and keep track of changes to permitted development rights in the UK.
A team of property experts will bring the latest property news, market reports and an industry overview as and when the news breaks.
We hope to be reporting soon the return of lenders to the commercial playground after a mass slowdown since early 2020 caused lending to drop off a cliff.
Follow here to be the first to hear as lenders and banks begin to increase their appetite for owner-occupied loans and lending in areas such as hospitality.
* bespoke quotes supplied the next working day following provision of all required lender information being supplied and validation by Propp case manager
† saving based on annualised interest rate saving where deal optimiser service negotiated a lower rate than lender’s published rate, based on current average saving of 0.9% and average loan £1051785. Time saving based on automated versus manual bespoke rate requests.