Property News
Latest news, advice, and insights for UK property professionals
Afin Bank Appoints Three Regional BDMs as It Expands Bridging Finance
Afin Bank has hired three business development managers for the North, South, and Midlands as it adds regulated bridging finance to its offering.
Pallas Capital Appoints Darren Rix as Head of Credit Risk
Pallas Capital has named Darren Rix as its new head of credit risk. Rix brings 37 years of banking experience to the specialist bridging and development finance lender.
Quantum Mortgages Completes Third Public Securitisation, Surpassing £800m
Quantum Mortgages has completed its third public securitisation, raising its total funds above £800m through its Bletchley Park Funding programme. The deal covers BTL loans secured on properties in England, Wales, and Northern Ireland.
Afin Bank Expands Intermediary Sales Team with Three New BDMs
Afin Bank has appointed three new regional business development managers as it enters its second year and expands its mortgage offerings.
Gen H Reduces High-LTV Mortgage Rates Following Strong July Performance
Gen H has cut rates on its higher-LTV mortgages by up to 40bps after reporting its strongest month for mortgage applications in July 2026.
Prime Property Finance Directors Acquire Simpli Financial Solutions
The directors of Prime Property Finance have acquired Simpli Financial Solutions. Both firms will remain independent but will share technology and expertise.
Metro Bank Reports 73% Growth in Specialist Mortgage Lending
Metro Bank's specialist mortgage lending rose by 73% year-on-year to £2.2bn in H1 2026, with total retail mortgages reaching £4.8bn. Commercial lending and credit quality also improved.
Implementation Letters Issued for Local Government Reorganisation in England
The Ministry of Housing, Communities and Local Government has sent implementation letters to council chief executives in several English regions regarding local government reorganisation.
Fragmented Data Systems Raise Costs and Risks for UK Landlords
Industry analysis finds that disconnected property data systems are increasing operational risks and costs for landlords, especially as new compliance rules take effect.
Metro Bank Reports Record Growth in Specialist Mortgage Lending
Metro Bank saw a 73% year-on-year rise in specialist mortgage lending to £2.2bn in H1 2026, while reducing prime mortgage lending as it shifts focus to niche areas.
Halifax Raises Mortgage Rates as Nationwide and Gen H Cut Prices
Halifax is increasing mortgage rates by up to 12 basis points, while Nationwide and Gen H have announced rate cuts. The move from Halifax surprised brokers.
Help to Buy Scheme Supported Over 387,000 New-Build Purchases
Help to Buy assisted 387,278 households with new-build home purchases between 2013 and 2022, including 328,346 first-time buyers, according to Homes England data.