Property News
Latest news, advice, and insights for UK property professionals
Government Recommends Alternative Tenant Referencing for Landlords
The government has advised landlords to consider alternative referencing methods when previous landlord references are unavailable, according to a parliamentary response.
Landlord Sentiment Survey Shows Growing Intent to Exit PRS
Two consecutive Property118 Landlord Sentiment Surveys reveal a stable but increasingly pessimistic landlord sector, with more landlords intending to sell or exit the private rented sector.
Manchester House Price Growth Outpaces London, Data Shows
Manchester has experienced stronger house price growth than London, according to data cited by Property118. The comparison uses government UK House Price Index figures.
Angela Rayner Confirms No Rent Controls Planned for England
Housing Secretary Angela Rayner has confirmed that rent controls will not be introduced in England, citing concerns about the private rented sector.
FCA Reviews Affordability Rules for Joint Retirement Interest-Only Mortgages
The FCA is consulting on changes to affordability checks for joint retirement interest-only mortgages, aiming to align them with standard joint mortgages.
New Mortgage Agreements Up 12% in Q1, Buy-to-Let Share Rises
Bank of England data shows new mortgage commitments rose 12% in Q1 2024, while gross mortgage advances fell. The share of buy-to-let advances increased slightly to almost 9%.
Recognise Bank Exceeds £500m Lending Milestone Amid Strong Demand
Recognise Bank has surpassed £500m in lending, with its loan book growing by over 45% in the past year and deposits exceeding £600m, according to Mortgage Solutions.
Virgin Money and Nationwide Announce Rate Reductions on Mortgage Products
Virgin Money and Nationwide have announced reductions on selected mortgage and buy-to-let product rates. The new rates will be effective from tomorrow.
Robert Sinclair Appointed Non-Executive Director at LSL Financial Services
Robert Sinclair, former chief executive of the Association of Mortgage Intermediaries, has been appointed non-executive director at LSL Financial Services.
L&G Mortgage Club Awards 2026 Celebrates Industry Professionals in London
The L&G Mortgage Club Awards 2026 took place at the Guildhall, London, on 5 June, recognising achievements in the mortgage sector and featuring a comedy performance by Marcus Brigstocke.
Landlord Income Hits Record High of £89,000, Survey Finds
Landlord income has reached a record average of £89,000, up £16,000 from last year, according to Pegasus Insight research reported by Mortgage Solutions.
Bridging Lenders Report Market Growth and Broker Importance in 2026 Survey
A 2026 survey finds most bridging lenders report rising origination volumes and highlight the key role of independent brokers in the UK property finance market.