The board of under-fire social housing group Home REIT has claimed investment adviser Alvarium did not inform it of problems with its portfolio, following an internal probe into alleged wrongdoings.
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The government has stepped in to oversee Woking Borough Council (WBC) with the authority facing £1.9bn debt following a series of failed real estate investments.
LendInvest has sold a portfolio of buy-to-let residential mortgages to Chetwood Financial for £243m.
Property developer and asset manager Sovereign Centros has secured outline planning approval to redevelop The St Enoch Centre in Glasgow as a mixed-use scheme including offices, cultural space, a hotel and housing.
Premier League-bound Luton Town FC has pledged to submit detailed plans for a new 23,500-seater stadium, 1,200 new homes and leisure, food and beverage and retail features, before the start of the new season.
DeTrafford No1 Castlefield has fallen into administration, making it the seventh special purpose vehicle (SPV) owned by the parent company to do so in the past 10 months.
The Labour Party’s plans to force landowners to sell plots at lower prices to local authorities have divided industry experts.
Law firm Harcus Parker has vowed to continue with its legal action against Home REIT, despite the social housing provider blaming its woes on a former adviser.
The private rented sector (PRS) is at risk of losing up to 735,000 homes due to high tax rates, according to the National Residential Landlords Association (NRLA).
<p>Much has been made of what has been an incredibly turbulent period for the UK’s property market and – by extension – the lending landscape.</p>
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Alastair