New UK real estate MGA to launch in early 2024
A new real estate managing general agent (MGA) is set to launch in January 2024, a statement released yesterday (12 December...
UK Property
How the rent crisis is pricing out Britain’s landlords
First-time buyers now have a competitive edge over buy-to-let investors, says Rob Jones, director of Property Investments UK.Previously, landlords had...
Repossession looms for pricey UK property owners
More owners of very expensive property at the top end of the market are being repossessed, according to reports from...
Indian vaccine tycoon Poonawalla buys London townhouse for £138m
Adar Poonawalla, a man known as the “prince of vaccines”, is poised to buy London’s second most expensive home, after...
LGPS Central launches UK property fund
LGPS Central has launched a UK property fund, which has received seed commitments from Leicestershire and Nottinghamshire pension funds. The...
Mission invests in new UK real estate MGA Ventis
Mission Underwriters, a private company backed by private equity firm Altamont Capital, which backs underwriters wishing to form new MGAs,...
Meet property mogul Richard Dickson: The self-made millionaire from Glasgow
Richard Dickson is one of Scotland’s most successful young entrepreneurs. He started his working life training to follow in his...
Asylum seeker dies on Bibby Stockholm ‘floating prison’ housing migrants in UK
Several human rights organisations have previously reported suicidal thoughts among residents, but claim that these warnings have been ignored by...
UK property MGA to launch in January 2024
Real estate managing general agent Ventis is set to launch in January with capacity from Accelerant and the support of...
UK mortgage arrears hit six-year high, data shows
Stay informed with free updatesSimply sign up to the UK property myFT Digest -- delivered directly to your inbox.UK mortgage arrears hit a six-year high in the three months to September, according to Bank of England data, reflecting the impact of high borrowing costs on household finances.The proportion of total loan balances with arrears, relative to outstanding mortgage balances, rose to 1.14 per cent in the third quarter from 1.02 per cent in the previous three months, figures on Tuesday showed.The data marked a reversal of a long-term decline in...