Property News
Latest news, advice, and insights for UK property professionals
Offa’s Malik Highlights Importance of Diversity in UK Home Finance
Sagheer Malik of Offa discusses the impact of ethnic diversity and faith-based challenges in UK home finance, as reported by Mortgage Solutions.
RAW Capital Partners Launches Bridging Finance Range for UK Property
RAW Capital Partners has introduced a bridging finance range for UK residential property, offering unregulated first charge loans from £100,000 to £4m with terms of three to 18 months.
Over a Third of UK Borrowers Use Unregulated Mortgage Advice
Research finds 36% of UK borrowers seek mortgage advice from unregulated sources, raising concerns about the quality of information influencing property decisions.
Property Sector Urged to Respond to Government Smart Data Consultation
Organisations in the home buying sector are being urged to respond to the government's smart data consultation, which could impact property data sharing and transaction efficiency.
Mortgage Rate Hikes and Housing Appointments Dominate Broker News
Mortgage Solutions' most-read stories this week focused on widespread mortgage rate increases and the reappointment of Angela Rayner as Housing Secretary.
Paradigm Calls for Debate on Mandatory Mortgage Advice for First-Time Buyers
Paradigm Mortgage Services has published a discussion paper urging the industry to debate mandatory mortgage advice for first-time buyers, citing consumer protection concerns.
Tipton & Coseley Resumes Lending at Up to 6.5x Income
Tipton & Coseley Building Society has reintroduced lending at up to 6.5x income and made rate changes across its mortgage range, including expat and buy-to-let products.
RIB Private Finance Launches to Advise on Commercial Real Estate Finance
Estate agency Robert Irving Burns has launched RIB Private Finance to advise clients on bridging the equity gap in commercial real estate finance as £33bn of loans mature in 2026.
Major Lenders Raise Mortgage Rates Following Swap Rate Surge
Several UK lenders, including Nationwide, HSBC, Accord, TSB, and Virgin Money, have increased mortgage rates after a rise in swap rates, impacting both residential and buy-to-let products.
Atom bank provides £2.35m loan for Mayfair hotel reopening
Atom bank has funded a £2.35 million commercial mortgage to support the reopening of a Mayfair hotel in London, closed for over five years after the Covid-19 pandemic.
County Durham Landlord Fined £42,500 for Licensing Breaches
A County Durham landlord was fined £42,500 after being found guilty of 13 breaches of selective licence conditions across eight properties, including overdue gas safety checks.
Castle Trust Bank Rolls Out AVMs to Speed Up Buy-to-Let Applications
Castle Trust Bank has introduced automated valuation models (AVMs) for buy-to-let mortgages on standard residential properties, aiming to speed up applications and reduce delays.