Property News
Latest news, advice, and insights for UK property professionals
Landlord Considers Leaving Her Last Flat to Her Tenant
A Property118 member who once managed thirteen properties is considering leaving her remaining flat to her vulnerable tenant, prompting reflection on legacy planning in the private rented sector.
Bank of England holds base rate at 3.75% for sixth consecutive meeting
The Bank of England's MPC voted 6-3 to hold the base rate at 3.75%, while inflation has risen to 3.1% amid higher energy costs.
MPC holds Bank base rate at 3.75% as mortgage market splits on decision
The Bank of England's MPC voted 6–3 to hold base rate at 3.75%, with property and mortgage experts divided on whether a rise was needed.
Pepper Money launches five-year fixed BTL range from 5.7%
Pepper Money has launched a range of five-year fixed buy-to-let products with rates from 5.7% and a 2% product fee, available to individual and limited company landlords.
Bank of England holds base rate at 3.75% for September
The Bank of England's MPC has voted 6:3 to hold the base rate at 3.75%, amid rising inflation and lender rate increases.
Bank of England holds interest rates at 3.75% amid renewed inflation concerns
The Bank of England has held Bank Rate at 3.75%, offering respite to borrowers amid renewed inflation concerns driven by Middle East conflict and volatile energy prices.
Bank of England holds rates at 3.75% as industry warns of fresh market uncertainty
The Bank of England has kept Bank Rate at 3.75% for a sixth consecutive meeting, voting 6-3, with industry figures warning rising inflation and swap rates could pressure mortgage pricing.
Bank of England holds interest rates at 3.75% amid inflation concerns
The Bank of England's MPC voted 6–3 to hold Bank Rate at 3.75%, with rising inflation and swap rates prompting some lenders to increase mortgage pricing.
Bank of England Holds Interest Rates at 3.75% as Inflation Remains High
The Bank of England has held interest rates at 3.75% as inflation rises to 3.1%. The MPC voted 6-3 to keep the Bank Rate unchanged.
Gen H CEO says lender has grown from scratch to become sizeable market influence
Gen H CEO Graham McClelland says the specialist lender has shown it is possible to grow from scratch and influence the market, with first-time buyers making up 60% of its lending.
National Friendly Strengthens Leadership with Three Senior Appointments
Insurer National Friendly has appointed a chief marketing officer, deputy chief actuary and business development manager as it looks to strengthen its leadership team.
Older borrowers underestimate mortgage options, Suffolk BS research finds
Suffolk Building Society research shows most brokers believe older borrowers wrongly assume lenders impose age restrictions, with many unaware of later life lending options.