Commercial mortgage lender TAB has provided two connected bridging finance facilities totalling £7m to support acquisitions and a portfolio restructure on Portobello Road.

A £65 annual fee per property means the private rented sector database costs almost seven times the figure in the government's original impact assessment.

England and Wales have 148,400 semi-commercial properties, and more than half are shops with flats above or pubs with living quarters.

Average rents in prime outer London rose 3% in the year to September, including a 2.3% increase over the past six months.

Advertised rents on Hello Neighbour's Greater London listings rose 6.1% year on year in September to an average of £2,448, down from 9.8% in August.

The Great British Property Cycle Challenge 2026 aims to recruit 1,000 property professionals during October.

HBI Capital funded £755,000 of bridging finance on a Somerset hotel by building on the existing valuation and due diligence.

The 65% LTV loan was secured against a converted bungalow in outer London.

A no-deposit option matters to 33% of private renters, matching transport links and outranking parking at 30%.

The £47.2m facility was agreed at 78% LTC and 65% LTGDV.