Property News
Latest news, advice, and insights for UK property professionals
Welsh Landlord Leasing Scheme to Close to New Homes by Year-End
A Welsh government scheme guaranteeing landlord income while councils manage properties will stop accepting new homes at the end of 2024, according to the NRLA.
Guarantor Use Doubles as Renters Face Affordability Pressures
Guarantor reliance for tenants has doubled in 18 months, with nearly one in five lets now requiring a guarantor, according to HomeLet data reported by Property118.
Quantum Mortgages Surpasses £1bn in Lending Since 2022 Launch
Quantum Mortgages has completed over £1bn in mortgage lending since July 2022, despite challenging market conditions. The lender also completed three securitisation transactions.
Ecology BS Launches Mortgage for Scotland’s First Homes Fund
Ecology Building Society has introduced a first-time buyer mortgage to support the Scottish government's First Homes Fund, offering up to 95% LTV on properties up to £300,000.
Newcastle BS and Principality BS Announce Mortgage Rate Reductions
Newcastle Building Society has cut rates on selected mortgages and launched new tracker products, while Principality Building Society has reduced product transfer rates across its residential and buy-to-let ranges.
Twenty7tec Launches Steppl to Streamline Adviser-Client Digital Journeys
Twenty7tec has launched Steppl, an AI-ready client engagement platform for advice firms, aiming to streamline digital adviser-client journeys and reduce process friction.
Yorkshire Building Society Appoints Mather and Kettle to Senior Homes Roles
Yorkshire Building Society has named Catherine Mather and Sophia Kettle to senior leadership roles in its Homes division, overseeing residential mortgages and buy-to-let lending.
Redwood Bank Unveils New Residential BTL Bridging Products
Redwood Bank has launched two new residential buy-to-let bridging products, aimed at landlord property purchases, development exits, refinancing, and refurbishments.
Ecology Building Society Launches Mortgage for Scottish First-Time Buyers
Ecology Building Society has introduced a new mortgage for first-time buyers in Scotland, supporting purchases through the Scottish Government’s First Homes Fund.
SDKA Appoints Laura Perry as Underwriter
Bridging lender SDKA has appointed Laura Perry as underwriter. Perry brings over a decade of experience in commercial mortgages and finance operations.
Pepper Money Appoints Michael Walsh as Regional Development Manager for Scotland
Pepper Money has named Michael Walsh as regional development manager for Scotland ahead of its first charge mortgage launch in the region.
Redwood Bank Unveils Buy-to-Let Bridging Products for Landlords
Redwood Bank has launched two new buy-to-let bridging products for residential landlords, offering short-term finance options for property purchases, refurbishments, and refinancing.