Property News
Latest news, advice, and insights for UK property professionals
Rob Lankey Promoted to Chief Commercial Officer at Afin Bank
Rob Lankey has been promoted to chief commercial officer at Afin Bank, where he will oversee lending strategy and manage the sales team.
HTB Launches Dedicated Relationship Managers in Specialist Mortgages
Hampshire Trust Bank has introduced dedicated relationship managers in its specialist mortgages division, providing brokers with a single point of contact from enquiry to completion.
Landlords Face £7,000 Fines for Missing Renters’ Rights Act Deadline
Landlords must provide tenants with a new government information sheet by 31 May or risk fines up to £7,000, as required by the Renters’ Rights Act.
London Tenants Now Need £74,520 Salary for Average Rental Home
Propertymark data shows London tenants now require a £74,520 salary to afford an average rental, as rents in the capital rise faster than any other UK region.
Remortgage Searches Up 7% in July as Purchase and BTL Activity Slows
Remortgage searches rose 7% in July, while purchase and buy-to-let searches eased, according to Twenty7tec data reported by Mortgage Strategy.
High-Value Bridging Loans Support HNW Homebuyers in UK Property Market
Large bridging loans over £1m made up nearly half the value of regulated residential bridging lending in Q1 2026, supporting high-value UK house sales, according to FCA data.
Underwriting Bottlenecks Remain Key Challenge in UK Mortgage Process
Research highlights that underwriting is the main bottleneck in the UK mortgage process, with both brokers and lenders citing it as their biggest operational challenge.
Valuers Challenge 'Down Valuation' Claims in UK Property Market
A report by Mortgage Solutions highlights that valuers do not recognise the term 'down valuation', stating that valuations are based on independent market evidence rather than agreed prices or owner estimates.
Rob Lankey Appointed Chief Commercial Officer at Afin Bank
Rob Lankey has been promoted to chief commercial officer at Afin Bank, where he will oversee lending strategy and manage the sales team.
HSBC to Cut Residential and Buy-to-Let Rates Tomorrow
HSBC will reduce rates across its residential and buy-to-let mortgage ranges tomorrow, following similar moves by other major UK lenders.
ProConvey and Thirdfort Expand Partnership to Streamline ID Checks
ProConvey and Thirdfort have expanded their partnership to embed Thirdfort's identity verification in ProConvey's Fast Track Sale, aiming to end repeated ID checks during home moves.
Santander Reduces Mortgage Rates Across Residential and Buy-to-Let Ranges
Santander has announced mortgage rate reductions of up to 0.25% across its residential, new build, and buy-to-let ranges, with the largest cuts on higher loan-to-value products.