Property News
Latest news, advice, and insights for UK property professionals
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.
Halifax and BM Solutions Cut Rates as NatWest Raises Mortgage Costs
Halifax and BM Solutions have reduced rates across several mortgage products, while NatWest is increasing rates for new and existing customers from 21 May.
London Rental Market Remains Active After Renters’ Rights Act
Foxtons data shows London’s rental market activity continued after the Renters’ Rights Act took effect in April 2026, with supply and demand patterns shifting.
Leading Agents Debate Sexist Culture in UK Property Industry
A recent video cast featured leading agents discussing sexism, discrimination, and diversity issues in the UK property industry, including the impact on women and the rise of self-employed models.
NatWest to Offer Mortgages Up to 6.5 Times Salary
NatWest is increasing its mortgage cap to 6.5 times salary for certain borrowers, above the usual 4.5 times limit.
Thinktank Proposes Replacing Stamp Duty and Council Tax in London
A Centre for London report recommends scrapping stamp duty and council tax in favour of a property wealth tax to address the capital's housing crisis.