Property News
Latest news, advice, and insights for UK property professionals
AI Set to Transform UK Property Sector, Says Paradigm MD
Paradigm Mortgage Services' Richard Howes highlights the growing impact of AI on the UK property sector and urges firms to adapt to new digital trends.
Call for Home Condition Surveys to Be Central in Homebuying Reform
A Mortgage Strategy report highlights the need for upfront home condition surveys in government homebuying reforms, stressing the importance of property details for buyers and lenders.
High Costs and Slower Price Growth Reduce Home Moves, Connells Finds
Connells Group data shows UK homeowners are moving less often due to higher costs and weaker house price growth, with short-term moves at record lows.
Winkworth Faces Leadership Turmoil Amid Family Power Struggle
Winkworth is experiencing internal conflict as family members at the top contest for control, with High Court proceedings underway and board changes proposed.
Near Prime Mortgages Not Just for Borrowers With Past Payment Issues
A recent report highlights that near prime mortgages are also used by borrowers with thin credit files, not just those with previous payment problems.
NatWest to Cut Over 200 Mortgage Rates, Including Buy-to-Let Deals
NatWest will reduce more than 200 rates across its new business range on Monday, including significant cuts to buy-to-let and residential mortgage products.
Nationwide Rate Cuts and HHSRS Penalty Risks Lead Mortgage News
Nationwide's mortgage rate reduction and landlord penalty exposure under revised HHSRS rules were among the most read UK property stories this week, according to Mortgage Solutions.
UK House Prices Flat in July as Mortgage Rates Weigh on Market
UK house prices stayed broadly flat in July, with annual growth at just 0.1%, as higher mortgage rates and affordability pressures limited buyer activity.
Tenancy Fraud Poses £4.1bn Annual Risk to UK Rental Sector
Fraudulent tenancy applications could expose the UK's private rented sector to £4.1bn in annual losses, according to analysis of over one million tenant references.
UK House Prices Remain Flat in July as Affordability Pressures Persist
UK house prices were broadly stagnant in July, with affordability pressures and higher mortgage rates impacting buyer activity, according to Lloyds.
Coventry Reduces Selected Residential and Buy-to-Let Mortgage Rates
Coventry for intermediaries has reduced selected residential rates by up to 15 bps and buy-to-let rates by up to 8 bps, with new options for both new and existing customers.
LiveMore Introduces Underwriting Hotline for Complex Broker Cases
Specialist lender LiveMore has launched an 'Underwriting Hero Hotline' to help brokers with complex mortgage cases, focusing on borrowers aged 40 and over.