Property News
Latest news, advice, and insights for UK property professionals
London Renters Now Need £74,520 Salary for Average Property
Prospective tenants in London now require a £74,520 annual salary to afford the average rental property, according to Propertymark figures reported by Property Industry Eye.
UK House Price Growth Slows to Weakest Rate Since 2023
Annual UK house price growth slowed to its weakest rate since November 2023 in July, with average prices broadly unchanged and regional differences persisting.
Winkworth Begins High Court Action Against Non-Executive Chair
Winkworth has initiated High Court proceedings against its non-executive chair, Simon Agace, over alleged breaches of confidentiality and director duties.
UK House Price Growth Stalls as Market Activity Remains Subdued
The Lloyds House Price Index shows UK house price growth at its slowest since November 2023, with average prices largely unchanged and market activity subdued.
IMLA Conference for New Mortgage Industry Joiners Set for 23 June in Cardiff
The IMLA 'Encouraging New Talent' conference will take place on 23 June at Cardiff City Stadium, aimed at professionals new to the mortgage sector.
London Renters Now Need £75,000 Salary for Average Rental
Propertymark data shows London renters now need a £74,520 salary to afford the average rental, following a 4.2% monthly rise in rents.
Stoke-on-Trent Council Announces Major Crackdown on HMO Sector
Stoke-on-Trent council has unveiled strict new measures to limit the growth of HMOs, including caps by ward and a proposed city-wide licensing scheme.
Rental Fraud Costs Landlords £9,600 Per Tenancy, Goodlord Warns
Fraudulent tenancy applications are costing UK landlords and letting agents £9,600 per tenancy, with cases rising 40% in the past year, according to Goodlord research.
House Hunt Moves from Spreadsheets to Alto CRM for Student Lettings
Selly Oak lettings agency House Hunt has adopted Alto's CRM platform to replace manual processes and support its growing student HMO portfolio.
UK House Prices Remain Flat as Market Growth Slows to Three-Year Low
UK house prices were unchanged in July, with annual growth at its slowest since November 2023, according to Lloyds data.
First-Time Buyers See Opportunity as House Prices Stall Despite Rate Rises
First-time buyers may benefit from stalled house price growth, despite higher mortgage rates and increased monthly repayments, according to a report from The Negotiator.
West Brom Building Society Updates LTI Criteria for Borrowers
West Brom Building Society has revised its loan-to-income (LTI) policy, allowing higher borrowing limits for first-time buyers and homemovers. The changes are aimed at improving mortgage access amid affordability challenges.