Latest news, advice, and insights for UK property professionals
Landbay has launched five new product transfer tracker products for buy-to-let landlords, including options for HMOs and MUFBs, with no early release charges.
UK house prices increased by 0.2% in June, according to Lloyds, with first-time buyer prices also rising. The average UK home now stands at £299,330.
A Savills forecast warns that housing completions in England will fall sharply, averaging 167,500 annually until 2029/30—well below the government’s target.
Buy to let lenders are offering more tracker mortgage options, with Landbay launching five new tracker products for landlords, all without early repayment charges.
The Lloyds house price index shows UK property prices rose by 0.2% in June after a fall in May, with annual growth also slightly higher.
The Housing Secretary has stated it is better to use taxpayer funds to build new homes than to subsidise buy-to-let landlords, according to Property118.
New data shows homes with higher EPC ratings attract only a modest 1.6% price premium over similar properties with lower ratings, according to Nationwide.
LiveMore has named former UK Finance director of mortgages Charles Roe as its new industry adviser. Roe brings experience from UK Finance, the FCA, and other senior roles.
New research shows 85% of property sellers expect estate agents to respond to enquiries within 24 hours, with response speed now a key factor in agent selection.
Bank of England projects over five million UK households will see higher mortgage repayments by 2028, with implications for the property and lettings market.
Housing Minister Matthew Pennycook defended Labour’s housing policy record before MPs, citing progress on renters’ rights, leasehold reform, and new-build starts.
The Partnership has launched an online portal to improve communication and transparency for clients, estate agents, and mortgage brokers during property transactions.