Property News
Latest news, advice, and insights for UK property professionals
Berkeley Group urges government to cut stamp duty ahead of October budget
Berkeley Group has called for stamp duty reform, including a 1% cap for first-time buyers and downsizers and removal of the 5% investor surcharge, as demand stays subdued.
Guardian Property Launches Callout for Readers' UK Housing Questions
Guardian Property is asking readers to submit their UK housing questions ahead of a new Q&A column covering renting, landlords, and buying or selling.
Fixed-rate mortgage hikes dominate the market, says Moneyfacts
Average two- and five-year fixed mortgage rates rose this week as 20 of 28 lenders repriced upwards, according to Moneyfacts Rate Watch.
1.8 million fixed rate mortgages set to expire in 2026 as poll probes client concerns
UK Finance reports 1.8 million fixed rate mortgages due to expire in 2026. Mortgage Solutions has launched a poll asking what most worries clients coming off fixed rates.
Remortgaging Drives Mortgage Activity Despite Summer Slowdown, Says Twenty7tec
Twenty7tec data shows remortgage searches rose 11% year on year in August, even as overall mortgage searches fell 13% month on month amid a seasonal slowdown.
UK economy grows 0.4% in July, ONS figures show
The UK economy expanded by 0.4% in July, according to ONS figures, following 0.3% growth in June. Services led the rise, though quarterly production and construction output both fell.
Darlington BS cuts BTL rates while Principality, Santander and NatWest raise pricing
Darlington Building Society has cut residential and BTL rates by up to 40bps, while Principality, Santander and NatWest have announced increases across selected ranges.
Berkeley calls for urgent stamp duty reform with 1% new-build cap proposal
Housebuilder Berkeley has urged 'urgent' stamp duty reform, proposing a 1% cap for first-time buyers and downsizers and removal of the 5% investor surcharge.
Roma Finance Completes First Commercial Mortgage Deal in Market Harborough
Roma Finance has completed its first commercial mortgage, providing £2.4 million over 15 years for Hermitage Works Business Park in Market Harborough.
Mortgage distribution's future is about choice, not channels – Spencer
Target Group growth director Melanie Spencer argues the future of mortgage distribution lies in customer choice and better use of data, not in a binary direct-versus-intermediated debate.
IMLA Annual Dinner Raises Over £7,000 for Diabetes UK
The IMLA annual dinner at London's Marriott Hotel Grosvenor Square raised more than £7,000 for Diabetes UK, with a speech from Royal Marines veteran Scotty Mills.
Construction output edges up 0.1% in July, but private housing new work falls 4.9%
ONS figures show construction output rose 0.1% in July, driven solely by repair and maintenance, while private housing new work fell 4.9%.