Property News
Latest news, advice, and insights for UK property professionals
Period Homes with Modern Extensions Listed Across England
Five period properties with contemporary extensions are listed for sale in England, with prices from £650,000 to £3.5 million, according to estate agents.
Buy-to-let Mortgage Strategies Shape Portfolio Landlord Growth
Leveraged buy-to-let mortgages are enabling landlords to expand portfolios faster than cash purchases, but lending criteria and regulatory restrictions apply.
Newcastle BS Launches Tracker Mortgages; Principality BS Adjusts Product Transfer Rates
Newcastle Building Society has introduced new tracker mortgages, while Principality Building Society is adjusting product transfer rates from 1 June.
Industry Leaders Call for Integration of Later Life Mortgage Advice
Senior figures in the later life sector are urging advisers to break down advice silos and consider lifetime mortgages in all planning conversations, highlighting a significant opportunity for the UK property market.
Average Fixed Mortgage Rates Fall as Over a Dozen Lenders Make Cuts
Average fixed mortgage rates have fallen this week, with over a dozen lenders making rate cuts, according to Moneyfacts.
Whistleblowing Complaints Rise as Consumer Duty Drives Self-Policing
FCA reports a sharp increase in whistleblowing complaints, with Consumer Duty issues accounting for the majority. Firms are now expected to monitor and report poor practices across distribution chains.
Landlords Face £7,000 Fines for Missing Renters’ Rights Act Deadline
Landlords risk fines of up to £7,000 if they fail to provide tenants with the new Renters’ Rights Act information sheet by 31 May, according to Mortgage Strategy.
Foundation Home Loans Launches Limited-Edition BTL Mortgages
Foundation has introduced two limited-edition buy-to-let mortgages at 75% LTV, including a green option for properties with EPC ratings of A to C.
Foundation Home Loans Launches Limited Edition BTL Fixed-Rate Products
Foundation has introduced two limited edition buy-to-let fixed-rate products at 75% LTV, including a green option for properties with an EPC of A-C.
DIFF Annual Review: Progress on DE&I in Finance, But More Needed
The DIFF Annual Review highlighted improvements in diversity, equity and inclusion in financial services over the past decade, but industry figures say more progress is needed.
£950k Bridging Loan Supports £2.7m Menai Strait Development
A two-property development in Wales overlooking the Menai Strait has reached a £2.7m value after securing £950,000 in funding from Charles Street.
Canterbury Commercial Property Secures £1.5m Bridging Loan for Mixed-Use Scheme
Recognise Bank has provided a £1.5 million bridging loan for the acquisition of a multi-building commercial property in Canterbury, Kent, including Grade II listed buildings and a 1950s office block.