
New Street Properties launches to open up BTL investment in the North East
The business offers below-market-value buy, refurbish, rent, refinance (BRRR) and flip deals in a region with strong rental yields and lower entry prices.

The business offers below-market-value buy, refurbish, rent, refinance (BRRR) and flip deals in a region with strong rental yields and lower entry prices.

In London, the average salary needed to rent dropped by 1.9% from £73,050 in 2024 to £71,670 in 2025.

Just 12% of homes for sale across Great Britain were priced under £150,000, rising to 41% in the North East and 30% in Scotland.

Across England as a whole, the average buy-to-let investor recieved an average rental market yield of 4.17%.

The new structure includes four levels, starting with the BDE role and extending to the Regional Account Director position.

Tony Johnson and Lauren Beeforth established TJLB Developments to purchase and refurbish the office complex in Guisborough, Cleveland.

Over two-fifths (41%) of first-time buyers in the North East say they are finding it difficult to secure a mortgage; a stark contrast to the South West, where just 18% of homebuyers report these difficulties.

Atom bank, in partnership with the County Durham Community Foundation, has launched the Atom Futures Fund.

Sirius Property Finance analysed England’s mixed-use property market to see which parts of the nation have the largest available stock.

Photograph: (Left to Right) Simon Micklethwaite, Luke Drysdale, Harriet Gibbs and John Gallagher
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