Property News
Latest news, advice, and insights for UK property professionals
FCA Chief: AI Advancing Too Fast for Current Laws to Keep Pace
FCA chief executive Nikhil Rathi warns that AI is developing faster than regulation can keep up, prompting changes in how the regulator approaches oversight.
UK Home Sales Drop 10.4% in June 2026, Regional Trends Emerge
UK residential property sales fell 10.4% in June 2026 compared to the previous year, with notable regional differences and mortgage approvals rising, according to PropertyWire.
Accord and TSB Announce Reductions to Residential and Buy-to-Let Mortgage Rates
Accord and TSB have reduced rates across their residential and buy-to-let mortgage product ranges, with changes affecting both purchase and remortgage deals.
Clydesdale Bank to Cease All New Mortgage Lending from 2 July
Clydesdale Bank will stop all new residential mortgage lending from 2 July. Existing customers remain unaffected and can access switcher products.
Mortgage Rates Have Tripled Since Brexit Referendum, Says L&C
L&C Mortgages reports that average mortgage rates have more than tripled since the Brexit referendum, with significant increases for both remortgage and purchase products.
UK Property Transaction Taxes Now Diverge Across England, Wales, and Scotland
Property transaction taxes now differ significantly across England, Wales, and Scotland, affecting landlords and investors with portfolios in multiple regions.
Home Sales Fell Across All UK Regions in June, Reports Show
UK home sales fell in every region in June, with transaction levels below last year's peak but still ahead of 2023, according to multiple property market reports.
Barclays Report Highlights Deepening Affordability Crisis for UK Renters
Barclays research finds UK renters continue to face affordability challenges, with deposits and high property prices blocking home ownership.
Brexit Linked to Sharp Regional Divide in UK House Prices
New research shows a significant regional divide in UK house price growth since the Brexit referendum, with some affordable markets outperforming southern England.
Landlords and Agents Face New Data Protection Obligations
Landlords and letting agents are being urged to comply with new data protection requirements under the Data (Use and Access) Act, including having a complaints policy for personal data use.
Scotland’s Annual Rent Growth Drops to Lowest Level in a Decade
Scotland's annual rent growth has slowed to 1%, the lowest rate in ten years, with average private rents reaching £1,009 per month.
AI Property Search Platform nHabit Launches to Target Renters
A new AI-powered property platform, nHabit, has launched to help renters find homes and increase landlord exposure beyond postcode searches.