Property News
Latest news, advice, and insights for UK property professionals
Over a Third of Mortgage Clients Identified as Vulnerable, MorganAsh Reports
MorganAsh finds 36% of mortgage firm clients are vulnerable, with sector comparisons highlighting the importance of robust data for Consumer Duty compliance.
Flatter Housing Market Shifts Focus to Client Experience in Conveyancing
A stabilising UK housing market is prompting advisers to prioritise transparency and communication in conveyancing, according to a report from Mortgage Solutions.
Half of First-Time Buyers Unaware of £40k Increase in Borrowing Power
Research shows 50% of first-time buyers are unaware of a potential £40,000 boost to their borrowing power due to recent mortgage policy changes.
Santander Cuts Rates on 230 Residential and Buy-to-Let Products
Santander will reduce rates by up to 25 basis points on 230 residential and buy-to-let mortgage products, following similar moves by other major lenders.
ModaMortgages Launches New Limited Edition 2-Year BTL Fixed Rates
ModaMortgages has expanded its buy-to-let range with new limited edition two-year fixed rate products, offering rates from 3.54% for single-dwelling properties and 3.64% for HMO and MUFB properties.
MPs Urge Stronger Leasehold Reform and Regulation of Property Agents
A cross-party committee has called for tougher leasehold reforms, including stricter regulation of property management agents and faster ground rent reductions.
RAW Capital Partners Co-Founder Tim Parkes Steps Down as CEO
Tim Parkes has stepped down as CEO of RAW Capital Partners, with Ben Nichols taking over the role. Parkes will remain involved as senior adviser and chairman of the RAW Mortgage Fund board.
Nationwide Cuts Mortgage Rates as Halifax Increases, Sending Mixed Market Signals
Nationwide is reducing mortgage rates by up to 19bps, while Halifax is increasing some rates, creating a mixed outlook for the UK mortgage market.
Rising Mortgage Rates Create Challenges for UK Borrowers
UK mortgage borrowers face significant payment increases as fixed-rate deals end, with average rates now above 5%. Letting agents and inventory clerks may see impacts on the rental market.
Average 2-Year Fixed Mortgage Rate Rises 17bps in a Month
The average two-year fixed mortgage rate has increased by 17 basis points over the past month, now standing at 5.63%, according to Moneyfacts.
NatWest Adjusts Mortgage Rates With Mix of Cuts and Increases
NatWest has changed its mortgage rates, with reductions for new business and a mix of increases and cuts for additional borrowing and further advance products.
FCA Increases Scrutiny of Unregulated Lenders Over Financial Crime Risks
The FCA is tightening oversight of unregulated lenders and Annex 1 firms due to concerns about financial crime and consumer risk, urging registration and tailored anti-money laundering controls.