Property News
Latest news, advice, and insights for UK property professionals
Reports: Burnham-Backed Reforms Could Replace Council Tax with Property Levy
Reports suggest Andy Burnham supports replacing council tax and stamp duty with a new annual property levy, with potential impacts for landlords and letting agents.
Raising Rent May Release Guarantors Under New Tenancy Rules
Since the Renters’ Rights Act 2026, concerns have arisen that raising rent could release guarantors from tenancies, as all tenancies are now periodic.
Landlords Face Rapid Regulatory Changes and Compliance Challenges
Landlords are reporting confusion amid rapid changes in the private rented sector, with new rules on pets, benefit claimants, and compliance. Professional support is increasingly recommended.
British Mortgage Awards Mark 20 Years of Industry Progress
The British Mortgage Awards have recognised individual excellence in the mortgage sector for 20 years, with notable changes in equity release and industry cohesion highlighted by Andrea Rozario.
OMS and The Insurance Surgery Launch Integrated Protection Referral Partnership
One Mortgage System (OMS) has partnered with The Insurance Surgery to enable direct protection referrals and secure data transfer within the OMS platform.
OMS Integrates with The Insurance Surgery for Specialist Protection Referrals
One Mortgage System (OMS) has partnered with The Insurance Surgery to enable direct referrals for specialist protection advice, streamlining processes for users via integrated technology.
Mortgage Approvals Fall to Lowest Level Since 2023 as Rates Rise
Mortgage approvals for house purchases in the UK dropped to 56,200 in May, the lowest since December 2023, as average mortgage rates increased, according to Bank of England data.
Mortgage Jobs for Heroes Initiative Expands Opportunities for Service Leavers
A joint initiative is helping service leavers and veterans enter the UK mortgage sector, with new placements and calls for more industry involvement.
Vernon Building Society Reduces Self-Build Mortgage Rates by 0.15%
Vernon Building Society has cut its self-build mortgage rates by 0.15%, with discounted rates now starting from 5.75%. The changes apply across its self-build mortgage range.
Second Mortgage Industry Mental Health Charter Lunch Announced
The Mortgage Industry Mental Health Charter Lunch will return for a second time on 9 October 2026 in London, bringing together over 400 organisations to support wellbeing in the mortgage sector.
Net Mortgage Lending Drops 34% to Lowest Level in a Year, Says BoE
Bank of England data shows net mortgage lending fell by 34% in May to its lowest level in a year, with significant declines in remortgage and house purchase approvals.
Vernon Building Society Reduces Self-Build Mortgage Rates by 0.15%
Vernon Building Society has cut rates across its self-build mortgage range by 0.15%, affecting products for a variety of construction and renovation projects.