Property News
Latest news, advice, and insights for UK property professionals
Baroness Taylor to Deliver Housing Policy Update at Propertymark One
Baroness Taylor will provide a government housing update at Propertymark One, covering policy and planned reforms relevant to property professionals.
CLC Joins Government AI Growth Lab for Legal Services Sector
The Council for Licensed Conveyancers is participating in the government's AI Growth Lab, a new initiative to support legal sector organisations developing AI products.
FCA Proposes Mortgage Rule Changes to Improve Borrower Access
The FCA has proposed changes to mortgage lending rules to improve access for first-time buyers, self-employed workers, and older homeowners, with a consultation open until July 2026.
ASA Orders RE/MAX Property Specialists to Amend Misleading Comparative Ad
The ASA has ruled that RE/MAX Property Specialists must amend a comparative advert after finding it breached advertising codes. The agency's claims about its services were found to be misleading.
Skipton Denies Wrongdoing in £7m Bullying Claim by Ex-Connells CEO
Skipton Building Society denies allegations of bullying and unfair dismissal made by former Connells Group chief executive David Livesey, who has launched a £7m legal claim.
Brokers Warn Mandatory First-Time Buyer Advice May Limit Consumer Choice
Brokers have raised concerns that mandatory advice for first-time buyers could reduce consumer choice, following proposals discussed by Paradigm and supported by some lenders.
Landlords Delay Selling Prime Properties Despite Renters’ Rights Act
A Savills survey finds most landlords with prime properties have not sold since the Renters’ Rights Act, though many are reconsidering future investment and sales plans.
Two-Year Fixed Mortgage Rates See Largest Monthly Drop in Over a Year
The average two-year fixed mortgage rate fell by 0.10 percentage points to 5.68% in May, marking its biggest monthly fall in over a year, according to Moneyfacts.
Private Equity Income Remains Difficult for Mortgage Lenders to Assess
Mortgage lenders often struggle to recognise private equity professionals' complex earnings, particularly carried interest, impacting borrowing power.
Nottingham BS Reshuffles Intermediary Team Ahead of Specialist Lending Launches
Nottingham Building Society has promoted several staff in its intermediary sales team as it prepares to launch specialist residential lending products in late 2026.
Record Number of First-Time Buyers Now Paying Stamp Duty
A record proportion of first-time buyers in England are now paying stamp duty as more purchases exceed the £300,000 threshold, according to Connells Group analysis.
Conveyancing Association Chair Nicky Heathcote to Step Down
Nicky Heathcote will step down as non-executive chair of the Conveyancing Association as her second term ends. Treasurer David Hodgson is also leaving the board.