Property News
Latest news, advice, and insights for UK property professionals
Santander, TSB and Barclays Announce Mortgage Rate Cuts Across Key Products
Santander, TSB and Barclays have announced mortgage rate reductions, with notable improvements for low-LTV and first-time buyer products. Fee structures and loan size limits have also been updated.
Royal London Updates Income Protection to Reflect Modern Life Events
Royal London has revised its income protection policies, adding features such as support for serious child illness, post-redundancy grace periods, and sabbatical cover.
Government May Use PRS Database Fees to Fund Council Enforcement
The government has indicated that fees from the PRS Database could be used to support council enforcement, as council powers are strengthened under the Renters’ Rights Act.
Industry Voices Highlight Importance of LGBTQ+ Inclusion in UK Property Sector
A panel discussion reported by Mortgage Solutions explored the ongoing need for LGBTQ+ visibility, inclusion, and allyship in the UK property and mortgage industry.
Casey Vardy of Key Partnerships Discusses Role as Business Development Manager
Casey Vardy, BDM at Key Partnerships, supports adviser firms in later life lending and specialist advice services, working with national networks and focusing on relationship-building.
AI Unlikely to Fully Replace Mortgage Advisers, Says Industry Report
A report highlights that while AI is transforming the mortgage sector, it is unlikely to fully replace human mortgage advisers in the UK.
Nationwide Reports 2.2% Annual UK House Price Growth in June
Nationwide's June index shows UK house prices up 2.2% year-on-year, with all regions seeing growth. Monthly prices remained flat, and Northern Ireland led regional increases.
Experts Discuss Income Protection for Modern Workers
Mortgage advisers are addressing the challenges of protecting income for self-employed and contract workers, as discussed in a recent Mortgage Strategy episode.
Bank of England Holds Interest Rates at 3.75%
The Bank of England kept interest rates at 3.75% last month, according to This Is Money Mortgages.
CHL Mortgages Unveils Light Refurbishment Mortgage Range
CHL Mortgages has launched a light refurbishment mortgage range for individual and limited company landlords, with fixed rates and options for HMOs and MUFBs up to 75% LTV.
Repeal of Vagrancy Law Raises Questions Over Eviction Legality
The repeal of the Vagrancy law prompts questions about the legality of justified evictions, as reported by Property118.
Three Equity Release Firms Merge to Form Sovereign Life Group
Age Partnership, Pure Retirement, and Advise Wise have combined to form Sovereign Life Group, while retaining their individual brands and management.