Property News
Latest news, advice, and insights for UK property professionals
Santander and Accord Announce Increases to Fixed Mortgage Rates
Santander and Accord Mortgages have announced increases to fixed mortgage rates across new business and product transfer ranges, with changes affecting residential and buy-to-let products.
Void Period Costs for Landlords Rise Sharply Across England
Void periods between tenancies are costing landlords over 50% more than last year, with average costs rising to £1,135 and notable regional increases, according to Rushbrook & Rathbone research.
Andy Burnham Announces 10-Year Plan as Prime Minister; Steve Reed Steps Down as Housing Secretary
Andy Burnham has made his first speech as UK prime minister, announcing a forthcoming 10-year plan and a commitment to build more council homes. Steve Reed has stepped down as housing secretary.
Santander Raises Mortgage Rates and Expands 10-Year Fixed Options
Santander has increased mortgage rates across its new business and product transfer ranges, and introduced new 10-year and new-build options. The changes take effect from 22 July.
Housing Secretary Steve Reed Resigns in Burnham Cabinet Reshuffle
Steve Reed has resigned as Secretary of State for Housing, Communities and Local Government during Andy Burnham's cabinet reshuffle. Reed's tenure included planning reforms and draft leasehold legislation.
Inner and Outer London Property Prices Reflect North-South Divide
Recent analysis shows inner London property prices falling faster than outer London, with flats in inner boroughs particularly affected.
Newcastle BS Expands JMSP Mortgage Range with Broader Eligibility
Newcastle Building Society has relaunched its joint mortgage sole proprietor (JMSP) range, expanding eligibility to include extended family and friends, and introducing enhanced affordability features.
Tim Robinson Named Next UK Managing Partner at Knight Frank
Knight Frank has announced Tim Robinson will become its next UK Managing Partner in April 2027, succeeding Stephen Clifton after his retirement.
FOS Confirms Simmonds and Dipple-Johnstone in Permanent Leadership Roles
The Financial Ombudsman Service has appointed Jenny Simmonds as CEO and James Dipple-Johnstone as chief ombudsman, following an open recruitment process.
UK Property Sales Drop 8.9% in Early June, London and NI Hit Hardest
UK residential property sales agreed fell 8.9% in early June 2026 compared to 2025, with London and Northern Ireland seeing the sharpest declines, according to new market data.
Hope Capital Expands Bridging Loan Criteria and Reduces Rates
Hope Capital Property Finance has expanded its bridging loan criteria and reduced rates, aiming to offer greater flexibility and faster completions for brokers and borrowers.
Scotland, West Midlands and Yorkshire Lead Q2 Landlord Yield Growth
Landlord gross rental yields improved in Q2 2026, with Scotland, West Midlands, and Yorkshire and the Humber driving growth, according to Paragon Bank data.