Property News
Latest news, advice, and insights for UK property professionals
Atom bank raises Near Prime maximum LTV to 95%
Atom bank has increased the maximum loan-to-value on its Near Prime range from 90% to 95%, targeting borrowers with light adverse credit history.
Landlord and Tenant Searches Surge Ahead of Renters’ Rights Act
Searches for the Renters’ Rights Act rose sharply before its enforcement, with landlords and tenants seeking information on new legal requirements.
Energy Price Cap Rise to Add Up to £591 for Least Efficient Homes
Ofgem's energy price cap increase could see annual bills rise by up to £591 for homes with the lowest EPC ratings, according to Rightmove analysis.
Sovereign Life Group Launches, Uniting Age Partnership, Advise Wise and Pure Retirement
Sovereign Life Group has launched, bringing together Age Partnership, Advise Wise, and Pure Retirement to focus on later life advice, lending, and technology.
Government Updates on Council Tax Enforcement Consultation
The government has issued an update on its technical consultation regarding council tax enforcement and ongoing assessment of new burdens for local authorities.
Property118 Calculator Compares BTL Company vs Personal Ownership
Property118 has released a Buy-to-Let Tax Comparison Calculator to help landlords compare tax outcomes of owning rental properties personally or through a limited company.
UK House Prices Flat for Second Month as Agents Signal Summer Slowdown
UK house prices remained largely unchanged in June, with agents warning of a quieter summer and mortgage rates staying elevated, according to Nationwide data.
Virgin Money Reduces Fixed Mortgage Rates Across Multiple Products
Virgin Money has cut rates on its purchase, remortgage, and product transfer mortgages, including buy-to-let product transfers, with reductions of up to 0.20%.
Nationwide: UK Annual House Price Growth Rises to 2.2% in June
Nationwide reports UK annual house price growth increased to 2.2% in June, with prices broadly flat month-on-month. Northern Ireland saw the strongest regional growth.
British Mortgage Awards Marks 20 Years of Recognising Industry Excellence
The British Mortgage Awards has celebrated 20 years of recognising individual excellence in the mortgage industry, with reflections from early winners on industry changes.
LiveMore Launches Flexible Five-Year Fixed Rate Mortgage
LiveMore has introduced a five-year fixed rate mortgage allowing borrowers to exit after two years without penalty. Early repayment charges apply only in the first two years.
MIMHC Launches Fifth Annual Mental Health & Wellbeing Survey
The Mortgage Industry Mental Health Charter has launched its fifth annual wellbeing survey, aiming for at least 500 responses and supported by a donation initiative from Pepper Money.