Property News
Latest news, advice, and insights for UK property professionals
OMS Renews CRM Contracts with Promise Money and Leith Mortgage Centre
One Mortgage System has renewed CRM contracts with Promise Money and Leith Mortgage Centre, enabling both firms to continue using OMS's platform to improve efficiency and customer experience.
Halifax Brand to Be Phased Out After 173 Years, Lloyds Confirms
Lloyds Banking Group will discontinue the Halifax brand after 173 years, rebranding accounts and branches to Lloyds. No timeline has been specified.
Halifax Intermediaries to Rebrand as Lloyds Intermediaries in 2027
Halifax Intermediaries will become Lloyds Intermediaries in 2027 as the Halifax brand retires. BM Solutions will also rebrand, with no set date announced.
Offa Raises £6.5m to Support National Expansion and Technology Investment
Islamic property finance firm Offa has secured £6.5m through a sukuk and warrant structure to fund growth, with investment aimed at technology, operations, and national expansion.
Spencer Wyer Appointed Chief Product Officer at TwentyCi
TwentyCi has named Spencer Wyer as chief product officer, tasking him with leading product strategy and launching a new property market benchmarking tool.
Major UK Housebuilders Face £4.5bn Class Action Over New-Build Prices
A proposed class action worth up to £4.5bn has been launched against major UK housebuilders, alleging inflated new-build prices due to anti-competitive behaviour.
£1.9m Mayfair Refinance Highlights Cross-Border Legal Complexities
A £1.9m bridging finance deal for a Mayfair apartment required cross-border legal coordination due to its Singapore corporate ownership, illustrating challenges for international investors.
TAB Completes £2.9m Bridging Loans for Oxfordshire and Kensington Properties
Specialist lender TAB has completed two bridging finance deals totalling £2.9 million for properties in Oxfordshire and Kensington, both introduced by Prism Private Finance.
Spanish Investor Secures £1.2m Bridging Loan on Chelsea Buy-to-Let
A Spanish-based investor has obtained a £1.2 million bridging loan against a Chelsea buy-to-let property to refinance an expiring mortgage and release capital for a business venture.
TwentyCi Appoints Spencer Wyer as Chief Product Officer
TwentyCi has named Spencer Wyer as chief product officer, focusing on expanding its residential property market intelligence for the mortgage lending sector.
Government Admits EPC Rules May Contribute to Rent Increases
The government has acknowledged that landlord EPC targets could be a factor in rising rents, following a parliamentary question about the impact of new energy efficiency standards.
Major Lenders Announce Rate Cuts Across UK Mortgage Products
Barclays, NatWest, Santander, and TSB have reduced rates on a range of mortgage products, with other lenders also making cuts. Some buy-to-let and specialist deals are included.