Property News
Latest news, advice, and insights for UK property professionals
Vida Bank Reports 141% Surge in Gross New Mortgage Lending
Vida Bank's gross new mortgage lending rose by 141% to £840m in H1 2026, with BTL loans driving higher LTV lending. The total mortgage book reached £3bn.
Hampshire Investor Uses 80% LTV Bridging Finance for Refurbishment Purchase
A three-bedroom house in Andover, Hampshire, was bought for £255,000 with 80% LTV bridging finance due to its need for substantial refurbishment.
Finova Appoints Three Directors to Strengthen Manchester Hub
Finova has appointed three new directors to its Manchester hub, aiming to enhance its presence in the city and further develop its AI and cloud platform capabilities.
Five More Firms Join FCA Scale-up Unit to Support Financial Innovation
Five new firms, including Urban Jungle, have joined the FCA's Scale-up Unit, which offers tailored regulatory support to help financial businesses innovate and grow.
Prime London Market Sees Increased Activity as Economic Conditions Stabilise
Knight Frank data shows a rise in prime London property transactions and offers as the economic backdrop stabilises, though average prices in prime central London continue to decline.
Lender U-turn on Fixed Rates Wipes Out Recent Mortgage Gains
Average fixed mortgage rates have risen sharply, erasing gains made earlier in 2026 and increasing affordability pressures for UK borrowers, according to Mortgage Solutions.
Hope Capital Increases Shawbrook Funding Facility to £50m
Hope Capital has raised its committed funding facility with Shawbrook Bank to £50m, supporting its growth in the UK bridging finance market.
Gen H Reduces Mortgage Rates by Up to 30 Basis Points
Gen H has cut mortgage rates across its range by up to 30 basis points, including reductions for new build and fixed rate products.
July Mortgage Rate Rises Reverse June Cuts, Says Moneyfacts
Moneyfacts reports that July's mortgage rate increases have fully reversed the reductions seen in June, with average rates rising and product choice expanding.
Tribunal Rules Property118 Structures Not Notifiable Under DOTAS
A First-tier Tribunal has ruled that Property118’s Substantial Incorporation Structure and Capital Account Restructure were not notifiable under DOTAS, following HMRC allegations.
Together Appoints James Steadman as Corporate Sales Director for Midlands
James Steadman has been appointed as corporate sales director for the Midlands at Together, focusing on bridging loans, commercial mortgages, and buy-to-let portfolio lending.
Landlord Sales Agency: Using Equity as a Business Asset in Property Sales
Landlord Sales Agency highlights how property equity can be used as a business asset to manage costs and improve outcomes when selling rental properties.