Property News
Latest news, advice, and insights for UK property professionals
Brokers Urged to Plan Exit Strategies for Bridging Finance Deals
Mortgage Strategy reports that brokers are increasingly focusing on realistic exit strategies for bridging finance, as refinancing has become more challenging in the current UK property market.
Santander Raises Maximum LTV to 90% for Foreign National Mortgages
Santander UK has increased its maximum loan to value (LTV) for foreign national mortgage applicants to 90%, up from 75%. The policy applies to all property types, including new builds.
EPC Ratings Have Limited Impact on Owner-Occupied House Prices
Nationwide data shows EPC ratings have a modest effect on owner-occupied house prices, with most homeowners prioritising energy efficiency for personal benefit rather than resale value.
NAO: MoD Sale-and-Leaseback of Military Homes Cost Taxpayers £15bn
The National Audit Office estimates the MoD lost nearly £15bn through the sale and leaseback of military homes, with a 2024 repurchase halting further losses.
Minister Issues Intervention Letter on City of London Local Plan
The Minister of State for Housing and Planning has written to the Planning Inspectorate regarding the City of London Corporation’s Local Plan, issuing directions to Inspectors.
Landlords Face Insurance Gaps Amid Tightening UK Regulations
Landlords are being warned about insurance gaps due to inadequate disclosure and regulatory changes, according to Paymentshield's Rana Ali, as reported by PropertyWire.
Housing Secretary Outlines Social Housing Plans at Lloyds Forum
The Housing Secretary has announced the national rollout of the Small Sites Aggregator and reaffirmed government commitments to increasing social and affordable housing.
Five UK Properties Near Swimming Venues Listed for Sale
Five residential properties near public swimming facilities in England and Scotland have been listed for sale, with prices from £650,000 to £6.45 million.
FCA Mills Review: AI Set to Transform Mortgage Advice, Not Replace It
The FCA's Mills Review finds AI will narrow the advice gap in mortgages, but human advisers remain central. Industry leaders say AI should support, not replace, professional guidance.
Nationwide, Virgin Money and GB Bank Announce Mortgage Rate Reductions
Nationwide, Virgin Money and GB Bank are reducing rates across their mortgage ranges, with changes affecting fixed and tracker products for remortgages, first-time buyers, and home movers.
Landbay Launches Premier Remortgage AVMs and Cuts Rates; GB Bank Reduces BTL Rates
Landbay has introduced remortgage AVM products and reduced selected rates in its Premier range, while GB Bank has trimmed buy-to-let rates at 65% LTV. Both lenders have updated offerings relevant to UK landlords.
Nationwide and Virgin Money Announce Mortgage Rate Reductions
Nationwide and Virgin Money have reduced mortgage rates across a range of fixed and tracker products, with changes affecting remortgage, purchase, and product transfer deals.