Property News
Latest news, advice, and insights for UK property professionals
Cheshire Man Sentenced for £200,000 Mortgage Fraud Scheme
A Cheshire man who posed as a mortgage adviser and defrauded four people of over £200,000 has been sentenced at Chester Crown Court. None of the victims' money has been recovered.
Rightmove Reveals Regional Differences in Property Completion Times
Rightmove analysis shows London has the slowest property completion times in Britain, while Scotland is the fastest. Flats take longer to complete than houses.
Bank of England Warns of Renewed Inflation Pressure on Households
The Bank of England has warned that inflation could rise again due to volatile energy prices, maintaining interest rates at 3.75%. This may impact household budgets and mortgage rates.
First-Time Buyers Face Higher Mortgage and Deposit Costs
First-time buyers are under pressure from rising mortgage rates and higher deposit demands, according to Moneyfacts. Lenders have increased rates, impacting affordability.
Cheshire Man Sentenced for £200,000 Mortgage Fraud Involving Estate Agents
Adam Francis, a fake mortgage adviser from Cheshire, has been sentenced for defrauding four people of over £200,000 after approaching estate agents as part of his scheme.
Homes Near Top-Rated Nurseries Sell for £78,000 More, Research Finds
Properties near Ofsted 'outstanding' nurseries command an average premium of £77,926, with the highest increases seen in London boroughs, according to Pepper Money research.
More UK Buyers Choose Two-Year Fixed Mortgages Despite Higher Rates
New data shows a rise in UK property buyers opting for two-year fixed-rate mortgages, even though these deals carry higher rates than longer-term options.
Landlord Queries Cost and Tax Treatment of Heat Pump Installation
A landlord asks if heat pump installation costs can be claimed as day-to-day running costs, after a gas boiler fails inspection. No further details are provided.
Homeowners Use Savings and Credit to Fund Essential Repairs
A survey finds most UK homeowners are using savings or credit to pay for urgent repairs, with many unable to cover costs from regular income.
Cardiff Landlord Fined for Serious Fire and Electrical Safety Risks
A Cardiff landlord has been fined nearly £7,500 after pleading guilty to 14 offences related to serious fire and electrical safety risks in an HMO.
Reigate and Banstead Council Proposes HMO Controls via Article 4 Direction
Reigate and Banstead council is consulting on a proposal to control HMOs, with restrictions not set to take effect until July 2027.
MP References ‘Dodgy Landlords’ After Accepting Government Role
An MP has accepted a position at the Ministry of Housing, Communities and Local Government and referenced 'dodgy landlords', according to Landlord Today.