Property News
Latest news, advice, and insights for UK property professionals
Pexa UK Appoints Krystle Kocik and Simon Wright as Co-CEOs
Pexa UK has named Krystle Kocik and Simon Wright as co-CEOs, following the departure of Joe Pepper. The leadership change is effective from 1 July 2026.
Burnham’s Speech Leaves Mortgage Market Unchanged, Focuses on Council Housing
Andy Burnham's recent speech did not impact mortgage rates but highlighted plans for more council house building and potential changes to stamp duty, relevant to UK property professionals.
Paragon Bank Launches £1,000 Cashback on 21 Buy-to-Let Mortgage Deals
Paragon Bank is offering landlords £1,000 cashback on 21 five-year fixed rate buy-to-let mortgage products, including options for HMOs and multi-unit blocks.
MIMHC Launches Fifth Annual Wellbeing Survey with £2 Donation per Response
The Mortgage Industry Mental Health Charter has launched its fifth annual wellbeing survey, aiming for over 500 responses and £2 donated per response to support mental health initiatives.
DPT Consultants Joins BDLA as Associate Member
DPT Consultants has joined the Bridging & Development Lenders Association (BDLA) as an associate member, expanding its involvement in the UK property lending sector.
LendInvest and Aldermore Expand Buy-to-Let Product Ranges
LendInvest has launched semi-commercial buy-to-let options, while Aldermore has introduced limited-edition five-year fixed rate BTL products. Both lenders are targeting landlords and property investors.
Major UK Housebuilders Face Class Action Over Alleged Price Collusion
A class action lawsuit seeks up to £4.5bn from major UK housebuilders over alleged collusion to inflate new-build home prices, affecting over 700,000 buyers.
LendInvest and Aldermore Expand Buy-to-Let Product Ranges
LendInvest has launched a semi-commercial buy-to-let product, while Aldermore has introduced new five-year fixed rate limited edition products for landlords.
Nationwide to Cut 600 Jobs After Virgin Money Takeover
Nationwide Building Society is expected to cut 600 jobs following its acquisition of Virgin Money, with staff and unions currently in consultation over redundancies.
Gen H and Principality Lower Mortgage and Product Transfer Rates
Gen H has reduced rates across several mortgage products, while Principality Building Society will lower product transfer rates by up to 25 basis points.
Dantis Capital Secures £5m Bridging Facility from Aldermore
Dantis Capital has obtained a £5m block bridging facility from Aldermore to expand its lending for residential and commercial property transactions in England and Wales.
Paragon Bank Launches £1,000 Cashback on Selected BTL Mortgage Products
Paragon Bank has introduced £1,000 cashback on 21 selected buy-to-let mortgage products, including five-year fixed rates for various property types.