Property News
Latest news, advice, and insights for UK property professionals
Finance Magic Promotes Two Advisers to Team Leader Roles
Finance Magic has promoted David Orbell and Constance Angela to team leader roles after they completed the firm's leadership training programme.
The Cambridge Expands 98% LTV Mortgage to Entire Market
The Cambridge Building Society has made its 98% LTV First Step two-year fixed mortgage available to all intermediaries, supporting first-time buyers with small deposits.
Vistry Expects £30m Loss After Discounting Unsold Homes
Vistry Group expects a £30m loss after discounting unsold homes, reducing its unsold stock from £600m to under £300m. The company is also implementing cost-cutting measures.
First-Time Developer Secures £2.18m for Nine-Flat Residential Scheme
Avamore Capital has provided £2.18m in development finance for a nine-flat scheme to a first-time developer, arranged by Arose Finance, despite the borrower's lack of experience.
Paragon Bank Appoints Holly Morrison as BDM for Scotland
Paragon Bank has appointed Holly Morrison as Business Development Manager for Scotland, supporting intermediary partners across key Scottish regions.
Bank Rate Rise ‘Increasingly Likely’ After Middle East Tensions, Says John Charcol
John Charcol’s Nicholas Mendes says a Bank of England rate rise is increasingly likely after renewed Middle East fighting, with swap rates and mortgage pricing affected.
YBS Calls for United Action to Address Barriers to Homeownership
Yorkshire Building Society research highlights widening gap between homeownership aspirations and confidence, urging government, industry, and lenders to collaborate on solutions.
The Cumberland Appoints Relationship Manager for South Lakes and Lancashire
The Cumberland Building Society has named Ben Hornby as relationship manager for its commercial team, covering South Lakes and Lancashire. Hornby brings over a decade of business banking experience.
Amy Wilson Appointed Propositions Director at The Right Mortgage & Protection Network
The Right Mortgage & Protection Network has promoted Amy Wilson to the newly created role of propositions director, where she will oversee proposition development and strategic partnerships.
UTB Cuts Residential Mortgage Rates and Launches High LTV Products
United Trust Bank has reduced residential mortgage rates by up to 100bps and introduced new 90% and 95% LTV products, with rates starting from 5.24%.
Hodge Bank Joins Mortgage Broker Tools Platform for Specialist Mortgages
Hodge Bank has partnered with Mortgage Broker Tools, allowing MBT broker members to access Hodge's specialist mortgage products and real-time affordability checks.
Aldermore: Lack of Awareness Keeps First-Time Buyers Off Property Ladder
Aldermore and L&C Mortgages discuss how many first-time buyers are unaware of available mortgage options, with affordability pressures and lack of information keeping them from homeownership.