Property News
Latest news, advice, and insights for UK property professionals
TwentyCi Appoints Spencer Wyer as Chief Product Officer
TwentyCi has named Spencer Wyer as chief product officer, focusing on expanding its residential property market intelligence for the mortgage lending sector.
Government Admits EPC Rules May Contribute to Rent Increases
The government has acknowledged that landlord EPC targets could be a factor in rising rents, following a parliamentary question about the impact of new energy efficiency standards.
Major Lenders Announce Rate Cuts Across UK Mortgage Products
Barclays, NatWest, Santander, and TSB have reduced rates on a range of mortgage products, with other lenders also making cuts. Some buy-to-let and specialist deals are included.
Atom bank raises Near Prime maximum LTV to 95%
Atom bank has increased the maximum loan-to-value on its Near Prime range from 90% to 95%, targeting borrowers with light adverse credit history.
Landlord and Tenant Searches Surge Ahead of Renters’ Rights Act
Searches for the Renters’ Rights Act rose sharply before its enforcement, with landlords and tenants seeking information on new legal requirements.
Energy Price Cap Rise to Add Up to £591 for Least Efficient Homes
Ofgem's energy price cap increase could see annual bills rise by up to £591 for homes with the lowest EPC ratings, according to Rightmove analysis.
Sovereign Life Group Launches, Uniting Age Partnership, Advise Wise and Pure Retirement
Sovereign Life Group has launched, bringing together Age Partnership, Advise Wise, and Pure Retirement to focus on later life advice, lending, and technology.
Government Updates on Council Tax Enforcement Consultation
The government has issued an update on its technical consultation regarding council tax enforcement and ongoing assessment of new burdens for local authorities.
Property118 Calculator Compares BTL Company vs Personal Ownership
Property118 has released a Buy-to-Let Tax Comparison Calculator to help landlords compare tax outcomes of owning rental properties personally or through a limited company.
UK House Prices Flat for Second Month as Agents Signal Summer Slowdown
UK house prices remained largely unchanged in June, with agents warning of a quieter summer and mortgage rates staying elevated, according to Nationwide data.
Virgin Money Reduces Fixed Mortgage Rates Across Multiple Products
Virgin Money has cut rates on its purchase, remortgage, and product transfer mortgages, including buy-to-let product transfers, with reductions of up to 0.20%.
Nationwide: UK Annual House Price Growth Rises to 2.2% in June
Nationwide reports UK annual house price growth increased to 2.2% in June, with prices broadly flat month-on-month. Northern Ireland saw the strongest regional growth.