Property News
Latest news, advice, and insights for UK property professionals
Landlord Sell-Off Before Renters’ Rights Act Pressures Rental Market
A survey reports landlords sold properties ahead of the Renters’ Rights Act, reducing rental supply as demand remains high.
Darlington Building Society Cuts Foreign Currency Mortgage Rates
Darlington Building Society has reduced rates on its residential foreign currency mortgage range by up to 30 basis points, with changes effective immediately.
Nuneaton Council Refunds £259k After Unlawful Empty Homes Tax
Nuneaton and Bedworth Borough Council has refunded over £250,000 to empty property owners after failing to follow proper procedures for increased council tax charges.
Government Announces Stronger Standards and Training for Building Safety
The government has published updates to improve building safety standards and training, following recommendations from the Grenfell Tower Inquiry. New measures include a Building Professions Strategy and a college of fire and rescue.
Lloyds Banking Group Considers Phasing Out Halifax Brand
Lloyds Banking Group is evaluating plans to retire the Halifax brand as part of its ongoing branch and retail banking consolidation. No final decision has been confirmed.
ONS: Average UK Rent Rises 3.5% in Past Year to £1,381
ONS data shows average UK private rent reached £1,381 in April 2026, up 3.5% year-on-year. Letting agents report ongoing supply constraints and strong tenant demand.
Thinktank Proposes Property Wealth Tax to Replace Stamp Duty and Council Tax in London
The Centre for London has proposed replacing stamp duty and council tax with an annual property wealth tax to address housing challenges in the capital.
Pension Shortfalls Highlight Growing Role of Property Wealth in Retirement
Key Retirement reports that declining pension schemes are making property wealth increasingly important for retirement planning, despite a recent drop in equity release lending.
Landlords Adopting Stricter Practices Following Renters Rights Act
A new study finds UK landlords are becoming more disciplined, with many tightening tenant selection and investing in property condition in response to the Renters Rights Act.
Drones Speed Up Property Surveys While Raising Industry Trust Concerns
Drones are being used to speed up property surveys and reduce costs, but many property professionals remain wary of automated valuations, according to a report by Mortgage Solutions.
Step-by-Step Guide for First-Time Buyers Published
This Is Money Mortgages has published a guide outlining the process for first-time buyers, from budgeting to securing a mortgage and navigating legal steps.
£500,000 Government Funding Supports Windrush Day 2026 Community Projects
Thirty-three community projects across England will share £500,000 in government funding to celebrate Windrush Day 2026 and honour the Windrush generation’s contribution to British life.