Latest news, advice, and insights for UK property professionals
Pivotal has named Nneka Orji as group COO and Charlie Crossfield as group CTO, following the retirement of Jane Cross and Allan Dornan.
London's office market is experiencing both record-high rents and record vacancies, with demand focused on Grade A space and older stock facing challenges.
Halifax, BM Solutions, TSB and Leeds Building Society will raise mortgage and buy-to-let rates by up to 20 basis points from tomorrow, affecting a range of fixed and tracker products.
Afin Bank has reported £135m in mortgage approvals during its first full year, reflecting demand for its specialist lending to under-served UK borrowers.
Aldermore has increased its maximum loan-to-value to 98% for employed customers and introduced a new five-tier product range with enhanced criteria for diverse borrower profiles.
The Fire Safety Minister has announced plans to reform the fire and rescue sector, including increased funding and a focus on partnership with the Fire Brigades Union.
Professional landlords are increasingly exploring semi-commercial properties to diversify portfolios, with brokers seeing more enquiries about the complexities involved.
Tandem Bank has named Lloyd Turner as its new southern account manager. Turner will support intermediary partners in the south with specialist second charge mortgage products.
Generation Rent has named Holly Williamson as its new chief executive, following Ben Twomey's departure. Williamson brings policy and campaign experience to the role.
Aldermore is introducing a five-tier residential lending structure, increasing its maximum LTV to 98% for employed customers and expanding criteria for borrowers with complex credit histories.
Just Mortgages and April Mortgages have launched a 100% LTV joint borrower sole proprietor mortgage, allowing up to four applicants and three supporters to help first-time buyers.
A government consultation on leasehold enfranchisement valuation rates could impact what landlords pay for lease extensions, freehold purchases, and ground rent buyouts.
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