Property News
Latest news, advice, and insights for UK property professionals
Bank of England Holds Interest Rates at 3.75% Amid Market Uncertainty
The Bank of England has kept interest rates at 3.75%, maintaining the cost of borrowing for homebuyers. Industry figures say the decision provides stability for the UK housing market.
LiveMore Updates Lending Criteria for Borrowers with Historical Arrears
LiveMore has shortened its assessment period for CCJs, IVAs, and credit defaults from three years to 18 months, aiming to support borrowers with historical arrears.
Mortgage Network Data Reveals Market Shifts and Leadership Changes
Q2 2026 data from Network Consulting shows adviser firms switching networks, varied growth among major players, and significant leadership changes in the UK mortgage sector.
Nottingham Building Society Reports Lower Gross Lending for H1 2026
Nottingham Building Society's gross new lending and total mortgage assets both fell in the first half of 2026 compared to the same period in 2025, according to interim results.
UK Mortgage Product Choice Rises to Over 7,000 Options
The number of UK residential mortgage products has increased to 7,132, with notable growth in high-LTV deals and a slight drop in average fixed rates, according to Moneyfacts.
Sellers Advised to Set Realistic Prices Amid Slower UK Property Market
UK house sellers are being urged to price competitively as the market slows, with Zoopla data showing weaker sales and regional differences in price growth.
TSB, Accord, Principality and Others Announce Rate Changes
TSB, Accord, Principality, and Precise have announced rate increases, while Principality and Foundation are also making some rate cuts.
UK House Price Inflation Slows to 1.3% Amid Summer Market Cooldown
Zoopla reports UK house price inflation at 1.3%, down from 1.7% last year, with regional variations and a sharper summer slowdown due to elevated mortgage rates and political uncertainty.
Tenant Group Claims Rents Have Risen 1,200% Since 1988
A tenant group claims rents have increased by 1,200% since the 1988 Housing Act, according to a report by Property118.
L&G Mortgage Club Launches Specialist Academy for Advisers
L&G Mortgage Club has launched a specialist academy to help advisers build skills in specialist property finance, with 250 members participating in its pilot year.
TSB, Precise, and Kent Reliance Announce Rate Cuts for Mortgages and Buy-to-Let
TSB will cut mortgage rates by up to 25bps, with Precise and Kent Reliance also lowering prices. Changes affect residential, buy-to-let, and product transfer deals.
Foxtons Profits Fall as Sales Slowdown and Rental Reforms Impact Trading
Foxtons reported a 57% drop in pre-tax profit for H1 2026, citing weaker sales and the impact of the Renters’ Rights Act, while lettings revenue remained broadly flat.