Property News
Latest news, advice, and insights for UK property professionals
Scottish Property Surcharge Generates £230m in Latest Year
Landlords, investors, and second homeowners in Scotland paid £230m in Additional Dwelling Supplement over the latest 12 months, according to Property118.
Police Warn Welsh Landlords Over Rise in Cannabis Farms
Police in Wales have warned landlords to be vigilant for cannabis farms, following a reported increase and a new operation by Dyfed-Powys Police.
TMW Launches Two-Year Trackers and ModaMortgages Expands BTL Range
The Mortgage Works has introduced new two-year tracker buy-to-let products and reduced rates on selected fixed deals, while ModaMortgages has added limited-edition two-year fixed rates to its BTL range.
The Mortgage Works Launches New 2-Year Trackers and Cuts BTL Fixed Rates
The Mortgage Works has introduced new two-year tracker buy-to-let products and reduced rates on selected fixed rate BTL mortgages for both new and existing customers.
Dual Fee Disputes in UK Property: A Process Problem, Not a People Problem
Dual fee disputes remain a persistent issue in the UK property sector, with process failures—not individual conduct—identified as the main cause, according to the UK’s Chief Property Ombudsman.
Keystone Reduces Fixed Rate Buy-to-Let Mortgage Rates by 15 Basis Points
Keystone Property Finance has cut fixed rate buy-to-let mortgage rates by 15 basis points across its product ranges, with new rates starting from 3.44%.
Omni Protect Appoints Dave Butler as Head of Protection Development
Omni Protect has named Dave Butler as its new head of protection development. Butler brings over 25 years of sector experience to the newly created role.
Government Committee Calls for Faster Leasehold Reform
A government committee has urged quicker action on leasehold reform, noting that the draft bill lacks key Law Commission recommendations.
First-Time Buyers Target Higher-Priced Homes, Says Zoopla
Zoopla data shows first-time buyers are searching for homes £10,000 above last year’s level, with London targets now averaging over £500,000.
Stamp Duty and Lack of Suitable Homes Deter Older Homeowners from Downsizing
A Family Building Society survey found stamp duty and lack of suitable homes are key reasons why many homeowners aged 65+ are reluctant to downsize.
NRLA: Renters’ Rights Act May Make Landlords More Selective
The NRLA says the Renters’ Rights Act could make it harder for tenants with poor credit, unpredictable earnings, or no guarantor to secure a home, as landlords may become more selective.
Gen H Updates Affordability Model for Energy-Efficient New Builds
Gen H has revised its affordability assessment, allowing buyers of energy-efficient new-build homes to borrow more by factoring in lower living costs.