Latest news, advice, and insights for UK property professionals
LendInvest has launched a semi-commercial buy-to-let product, while Aldermore has introduced new five-year fixed rate limited edition products for landlords.
Nationwide Building Society is expected to cut 600 jobs following its acquisition of Virgin Money, with staff and unions currently in consultation over redundancies.
Gen H has reduced rates across several mortgage products, while Principality Building Society will lower product transfer rates by up to 25 basis points.
Dantis Capital has obtained a £5m block bridging facility from Aldermore to expand its lending for residential and commercial property transactions in England and Wales.
Paragon Bank has introduced £1,000 cashback on 21 selected buy-to-let mortgage products, including five-year fixed rates for various property types.
Steve Reed is exploring plans for a state-run housing developer to build commercial and affordable homes, according to a Guardian report cited by Mortgage Solutions.
Hodge Bank has removed loan-to-income caps for borrowers earning £40,000 or more. Tipton, Virgin Money, and Principality have announced reductions to selected mortgage rates.
Homebuyer demand has dropped 15% year-on-year, with three in five homes listed since January still unsold after six months, according to Zoopla.
Just Mortgages marks the 10th anniversary of its self-employed division, which now accounts for nearly 75% of its adviser headcount and plans further national expansion.
HMRC data shows UK residential property sales fell 2% in May 2026 compared to April, with affordability and economic pressures impacting the market.
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