Property News
Latest news, advice, and insights for UK property professionals
Government Unveils Major Reforms to Home Buying and Selling Process
The government has announced a roadmap of reforms to the home buying and selling process, including earlier binding contracts, digitalisation, and new standards for estate agents.
UK Property Market Faces Uncertainty Amid Policy and Rate Questions
The UK property market is experiencing uncertainty, with falling prices and unsold homes, as policy direction and interest rates remain unclear.
BSR Announces Targeted Changes to Higher-Risk Building Assessments
The Building Safety Regulator will update its approach to building assessment certificates for higher-risk buildings, aiming for a more proportionate and targeted process.
Atom Bank and Pepper Money Announce Further Mortgage Rate Reductions
Atom bank and Pepper Money have both reduced rates across various mortgage products, introducing new fee options and lower starting rates for UK borrowers.
Mortgage Searches Rise in June Across Most Lending Categories
Mortgage search activity increased in June, with both month-on-month and year-on-year growth in most major lending categories, according to Twenty7tec.
Homeowners Six Times Wealthier Than Renters at Retirement, Report Finds
Yorkshire Building Society research finds homeowners are on average six times wealthier than renters at retirement, with a £793,000 wealth gap reported.
Triple Point Expands Property Development Finance Team with Senior Hires
Triple Point has made four senior appointments to its property development finance team, strengthening both origination and portfolio management functions.
Report Predicts One Third of Pensioners Could Be Renting by 2044
A new report suggests falling homeownership rates could mean over a third of pensioners will be renting by 2044, with implications for UK letting agents and inventory clerks.
Afin Bank Unveils Regulated Bridging Loans Up to 80% LTV
Afin Bank has launched a regulated bridging loan product offering up to 80% LTV, with loans from £50,000 to £3m and no monthly payments required.
Paragon Bank Launches Two-Year BBR Tracker Mortgages for Landlords
Paragon Bank has introduced two-year bank base rate tracker mortgage options for landlords, covering SSCs, HMOs, and MUBs, with rates starting from BBR plus 1%.
Maslow Capital Funds €21.3m Extended-Stay Hotel in Cork’s Georgian Quarter
Maslow Capital has provided €21.3 million to JMK Group for a 103-key extended-stay hotel in Cork’s Georgian Quarter, scheduled for completion in December 2027.
Government Expands Cladding Support to Lower-Rise Buildings
The government has announced new funding to remove unsafe cladding from lower-rise buildings under 11 metres, prioritising those with the greatest fire safety risks.