Property News
Latest news, advice, and insights for UK property professionals
UTB Unveils New Bridging Portal for Brokers
United Trust Bank has launched a bridging portal for brokers, offering faster decisions in principle and integrated digital tools for property finance applications.
Ben Lavelle Discusses BDM Role at District and County Investments
Ben Lavelle, BDM at District and County Investments, covers the North and works with brokers on bridging, development, and short-term property finance.
Professional Landlords Continue to Back Buy-to-Let Amid Political Uncertainty
Professional landlords are continuing to expand their buy-to-let portfolios despite political uncertainty and potential changes to property taxation, according to Fleet Mortgages data.
Lenders Announce New Buy-to-Let Products and Rate Reductions in July
Several lenders have introduced new buy-to-let products and reduced rates in July, with changes affecting HMOs, expat mortgages, and refurbishment loans.
Smarter Panel Oversight Key to Smoother Property Transactions
A Mortgage Solutions report highlights the importance of improved panel oversight for conveyancing firms, aiming to speed up and clarify UK property transactions.
Buy to Let Mortgage Searches Drop Again in May
Buy to let mortgage searches fell by 9% in May, with purchase searches 22% lower than the same month last year, according to data from Twenty7tec.
Net Mortgage Lending More Than Doubles in June, Says Bank of England
Bank of England data shows net mortgage lending rose from £3.3bn in May to £7.7bn in June, with mortgage approvals and remortgaging also increasing.
Semi-Commercial Mortgage Lending Rises 20% in Q2, Says TAB Index
Semi-commercial mortgage lending increased by 20% to £242m in Q2, with more lenders and products available, according to new figures from TAB.
Knowledge Bank to Add Six New HMO Criteria Questions After Clinic Event
Knowledge Bank will introduce six new HMO criteria questions to its platform following its latest Criteria Clinic event with five specialist lenders.
Brokers Warn of Borrower Caution as Base Rate Hold Expected
Brokers expect the Bank of England to hold rates steady, but warn that borrowers are becoming more cautious and mortgage costs may rise, according to a Mortgage Solutions report.
Borrower Confidence in Accessing Mortgages Improves, Says BSA
Borrower confidence in accessing mortgages has improved, according to new BSA research. Fewer respondents now see mortgage access as a barrier to home buying.
Landlords Receive Guidance on Handling Pet Requests
An animal charity has issued guidance to landlords on how to handle tenants’ reasonable pet requests, following rules under the Renters’ Rights Act.