Property News
Latest news, advice, and insights for UK property professionals
High Court Upholds Council’s Landlord Licensing Scheme
The High Court has rejected landlords' challenge to a council's selective licensing scheme, allowing a £1,034 licence to proceed and ordering claimants to pay £7,500 in legal costs.
Regional Build to Rent Schemes Face Financial Viability Challenges
Record investment in build to rent is not resulting in even delivery of new homes, with regional schemes struggling to remain financially viable, according to Property118.
Landbay Appoints Joe Noon as Regional Account Manager for Yorkshire
Landbay has named Joe Noon as its new regional account manager for Yorkshire, bringing over 12 years of mortgage and specialist lending experience to the role.
NatWest Launches £250m Fund to Support Affordable Housing Acquisitions
NatWest has launched a £250m fund to help housing associations in England acquire affordable homes from housebuilders under Section 106 agreements.
First-time buyers receive £11bn in family support, Savills finds
Over half of first-time buyers have received financial support from family, totalling £11bn, according to research by Savills and Insight Advantage.
L&G Mortgage Club Launches Specialist Academy for Broker Training
L&G Mortgage Club has launched a Specialist Academy to help advisers build skills in complex property finance, with 250 members participating in the pilot year.
Word On The Street Appoints Samuel Bryce as Mortgage Operations Manager
Word On The Street has appointed Samuel Bryce as mortgage operations manager. Bryce brings seven years of mortgage and lending experience to the role.
Kensington Mortgages Appoints Two New Regional BDMs
Kensington Mortgages has appointed Gemma Davies and Paul Dodimead as business development managers to strengthen regional broker support.
Twenty7tec Appoints Daniel Edmondson as National Sales Manager
Twenty7tec has named Daniel Edmondson as its new national sales manager, focusing on customer relationships and technology adoption in the intermediary market.
Rising Mortgage Rates Pose Risks for Borrowers Delaying Fixed Deals
Mortgage rates have climbed in recent months, with borrowers delaying fixed-rate decisions facing higher costs. Two- and five-year fixed rates remain above pre-2022 levels.
9Y Capital and Kroo Bank Agree Long-Term Bridging Loan Funding Deal
9Y Capital has secured a long-term funding partnership with Kroo Bank to support bridging and refurbishment lending in the UK property market.
Principality BS, TML and Bluestone Announce Mortgage Rate Changes
Principality Building Society has made changes to its mortgage rates, with some increases and reductions. TML and Bluestone have reduced selected residential mortgage rates.