Average London rent in April 2025 rose 3% to £589 per week.

Across 28 prime London neighbourhoods, 43% of all new listings were valued at over £1m.

Mark Chick, director of ALEP and a Partner at Bishop & Sewell LLP, explores the proposed shift from leasehold to commonhold ownership for flats in England and Wales.

The new rates apply immediately across all new lending.

Heavy refurbishment loans have been reduced by 72bps to 0.83% pm at 80% LTV.

26% of flatsharers spend more than 50% of take-home pay on rent

This latest deal follows the completion of an £11.4m hybrid facility on a luxury apartment scheme in Hove.

The announcement follows last week’s completion of the Braccan Mortgage Funding 2025-1 deal, which secured £550m in funding.

Credit Restore LTV limit raised from 70% to 75%

HMO and MUFB fixed rates cut by up to 0.35%