Property News
Latest news, advice, and insights for UK property professionals
Tenant Referencing Scams Cost Landlords Thousands, Report Finds
Landlords have reported losing thousands due to tenant referencing scams involving fake IDs, according to Property118. Police response to rental sector fraud has been criticised.
Angela Rayner Returns as Housing Secretary After Previous Resignation
Angela Rayner has returned as housing secretary less than a year after resigning from the post. Her appointment comes under Prime Minister Andy Burnham.
HMRC Guidance Rewrite Raises Concerns Over Taxed Profits for Landlords
HMRC’s recent rewrite of guidance BIM45690 and BIM45700 could affect landlords who have already paid tax on retained profits. The changes may impact refinancing and incorporation decisions.
AMI Announces Name Change to Reflect Broader Market Role
The Association of Mortgage Intermediaries (AMI) will change its name to Advice, Mortgages, Insurance, while retaining the AMI acronym, to modernise its identity.
Angela Rayner Returns as Housing Secretary in Burnham Cabinet
Angela Rayner has been reappointed as Housing Secretary in Andy Burnham’s new cabinet, following Steve Reed’s departure. Rayner previously held the role before resigning last year.
RRA Linked to Falling Supply and Higher Rents in London
The Renters’ Rights Act is being linked to falling rental supply and higher rents in London, according to a report by Property118.
EPC C Targets Criticised for Impact on Older UK Homes
Industry bodies have raised concerns about government plans to require private rented homes to meet EPC C, warning that a one-size-fits-all approach may not suit older properties.
Major UK Lenders Raise Mortgage Rates Amid Geopolitical Tensions
Halifax, HSBC, and Barclays have increased mortgage rates, citing geopolitical tensions and rising swap rates as key factors, impacting UK property market stability.
Property Sector Calls on PM Burnham to Tackle Housing Reform
The UK property industry has urged new Prime Minister Andy Burnham to prioritise housing reform, including council house building, transaction reform, and stamp duty review.
Fine & Country Doubles YouTube Subscribers in 12 Months
Fine & Country has doubled its YouTube channel audience in a year, surpassing 200,000 subscribers and generating over nine million views. The growth is attributed to its Luxury Home Tour Series.
BBC Panorama Exposes Criminal Gangs Targeting UK Rental Properties
A BBC Panorama investigation has revealed how criminal gangs use false identities to secure UK rental properties, leaving landlords facing legal battles and property damage.
Property Industry Responds to Andy Burnham Becoming Prime Minister
Property sector leaders have shared their initial reactions to Andy Burnham's appointment as UK prime minister, highlighting key housing and planning challenges.