Property News
Latest news, advice, and insights for UK property professionals
Market Harborough BS Cuts Fixed Rates; Gen H Unveils Limited-Edition Mortgage
Market Harborough Building Society has reduced fixed mortgage rates, while Gen H has launched a limited-edition two-year fixed rate for loans above £400,000.
Experts Say Landlords Overstate EPC Upgrade Costs by £6,000
Landlords estimate EPC upgrades will cost over £11,000, but energy efficiency experts say the average cost is much lower, according to Mortgage Solutions.
Specialist Lenders Offer More Options for Complex Credit Profiles
Specialist lenders are providing more flexible mortgage options for UK borrowers with complex credit histories, according to a report by Mortgage Solutions.
NatWest Raises Shared Equity LTV to 90% and Cuts Mortgage Rates
NatWest has increased the maximum LTV for shared equity purchase products to 85% and 90%, up from 75%, and has reduced rates across several mortgage products.
Government Consults on New FTB ISA to Replace Lifetime ISA
The government has launched a consultation on a new First Time Buyer ISA to replace the Lifetime ISA, aiming to address issues with the current scheme.
Solo First-Time Buyers Face Up to 10-Year Wait for Home Ownership
Research finds solo first-time buyers in England may need up to 10 years to save for a deposit, with regional differences affecting saving times across the UK.
Paragon Lends £4.5m for Sunderland Riverside Housing Scheme
Paragon Development Finance has provided £4.5 million to support igloo’s 34-home scheme at Riverside Sunderland, with phased delivery and a focus on energy efficiency.
Leasehold Flat Owners Report Disruption from Developer Works
Leasehold flat owners in England and Wales have reported significant disruption due to developer works, including restricted daylight, noise, and water ingress.
Estate Agents Advise Sellers to Remove Personal Items for Viewings
Guardian Property reports that estate agents are asking sellers to hide personal items, such as dog beds and shower gel, to prepare homes for viewings.
Hope Capital Cuts Rates on Max Net Product for Residential and Commercial Properties
Hope Capital has reduced rates on its Max Net product for residential, commercial, and semi-commercial properties, aiming to enhance liquidity for borrowers.
Redwood Bank Appoints Omkar Hushing as Senior Underwriting Manager
Redwood Bank has named Omkar Hushing as its new senior underwriting manager to support its expanding product range amid complex borrowing scenarios.
Lenders Take Nuanced Approach to Bad Credit in UK Mortgage Market
Lenders are increasingly differentiating between types of bad credit, with brokers required to present borrowers' circumstances individually. The FCA has urged lenders to assess affordability based on current financial health.