Most professional landlords with portfolios of 10 or more properties (52%) have no succession plan in place, risking the future sustainability of their business for the next generation. The findings, from local relationship bank Handelsbanken, also suggest a worrying lack of succession planning … [Read more...]
News for: Property
Together study finds specialist residential mortgage market set to triple by 2030
A major nationwide study by Cheadle lender, Together predicts the UK specialist residential mortgage market will treble to £16 billion by 2030 driven by changing employment and living patterns. The study, carried out in partnership with economist Dr John Glen, also predicts the overall UK … [Read more...]
Cheadle Hulme retirement development set to move forward
Stockport Council's Planning and Highways Committee is set to decide on a 66-apartment retirement scheme in Cheadle Hulme when its members meet on 18th August. Plans are being brought forward by Flintshire based Anwyl Homes, who acquired the site off Mill Lane, a former garden centre, in early … [Read more...]
Housebuilder submits plans Heaton Mersey retirement scheme
Flintshire-based Anwyl Homes has submitted a planning application for an 82-home retirement development off Didsbury Road in Heaton Mersey. The housebuilder is proposing to build 10 semi-detached properties, and 72 retirement apartments on the site of the former Focus School in Heaton Mersey. The … [Read more...]
Stockport MDC appoints Head of Strategy and Operations
The Stockport Mayoral Development Corporation (MDC) has announced Frances Jones' appointment as Head of Strategy and Operations to support the delivery of 4,000 new homes in the town centre. The newly created role will support the MDC in driving forward its plans for Town Centre West, a 130-acre … [Read more...]
Lending platform passes £150 million funding milestone
Stockport-based real estate lending platform, CapitalStackers, has provided £150 million in funding for property development after raising £540,000 for a nine-home scheme in North Yorkshire. CapitalStackers provides funding for commercial and residential property building projects to borrowers … [Read more...]
Search begins for delivery partners for Stockport 8
Stockport Council and Stockport MDC have begun the procurement process for delivery partners for the Stockport 8 development within the town centre. The eight-acre site will form new Brinksway and Station Quarter communities within Stockport MDC's vision for redeveloping the Town Centre West area … [Read more...]
New funding announced to boost overseas recognition of professional qualifications
The UK government has announced it will offer grants up to £75,000 to help regulators and business organisations have professional qualifications recognised overseas. The move aims to help boost exports within the service industries and make it easier for accountants, lawyers, architects and … [Read more...]
SME landlords plan to expand portfolios in response to demand, finds Handelsbanken survey
A nationwide survey by Handelsbanken has found that SME landlords (owning at least four properties) are optimistic about both residential and commercial demand in the year ahead. The first Handelsbanken SME Landlord Survey found 86% of landlords expect a rise in demand for residential property, … [Read more...]
Plans submitted to convert Wellington Street office building into 35 apartments
Developers, One Heritage, have submitted plans to Stockport Council to convert Seaton House on Wellington Street in the town centre into 35 apartments. One Heritage purchased the office building, a former Victorian printworks, in January 2022 for £675,000 with plans to redevelop the property for … [Read more...]
Partner promotion in SAS Daniels’ residential property team
Stockport law firm SAS Daniels LLP has announced the promotion of Tim Jordan to partner in its residential property team. Tim Jordan (pictured) joined the full-service law firm last year as director of conveyancing. He heads up the 40-strong residential property team across the firm’s four … [Read more...]
New brownfield fund opens to deliver new homes on derelict sites
A £180 million fund to build over 17,000 new homes on disused brownfield sites has launched, with local authorities invited to bid for a share of the first £40 million to be released. The fund, announced by the Department for Levelling Up, Housing and Communities on 8th July, follows a previous … [Read more...]
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