Property News
Latest news, advice, and insights for UK property professionals
UK Auction Volumes Surge as Landlords Sell Off Stock
UK property auction volumes rose by 35.3% in June 2024, with landlords increasing sales following legislative changes. Both residential and commercial sectors saw growth.
Property118 Website Achieves High Energy Efficiency and Sustainability Ratings
Property118 has moved its website to a renewable-powered host and achieved high scores for both performance and sustainability, according to independent tests.
Complaints Against Letting Agents Rise by 47% in 2025
Complaints against letting agents increased by almost 50% in 2025, with most issues relating to service management, holding deposits, and rent payments, according to Propoly research.
Major Lenders Raise Mortgage Rates by Up to 20 Basis Points
Barclays, Halifax, HSBC, TSB, and Skipton are increasing mortgage rates by up to 20 basis points, affecting residential and buy-to-let products.
FOS Appoints Permanent CEO and Chief Ombudsman After Interim Period
The Financial Ombudsman Service has named Jenny Simmonds as chief executive officer and James Dipple-Johnstone as chief ombudsman, following an open recruitment process.
Rightmove: July Asking Prices See Largest Drop in a Decade
Rightmove reports a 1% fall in average asking prices for newly listed UK homes in July, as sellers respond to lower buyer demand and increased market distractions.
SME Builders Need Private Finance for Burnham’s Council Housing Plan
Analysis by Together finds public land shortages could limit Labour's council housebuilding plan, with SME builders and private finance playing a key role.
Afin Bank Joins Mortgage Advice Bureau’s Lender Panel
Afin Bank has joined Mortgage Advice Bureau’s lender panel, making its full range of residential and buy-to-let mortgages available to MAB advisers.
Major UK Lenders Raise Mortgage Rates Amid Iran Conflict Uncertainty
Halifax, Barclays, HSBC, and others have increased mortgage rates as the Iran conflict escalates, impacting fixed and tracker deals for buyers, remortgagers, and landlords.
Dacre, Son & Hartley Acquires Craven Homelet Services in North Yorkshire
Dacre, Son & Hartley has acquired Craven Homelet Services, expanding its lettings and property management operations in North Yorkshire.
UK Asking Prices Fall 1% in July Amid Summer Distractions
Rightmove reports a 1% dip in average asking prices for newly-listed UK homes in July, as sellers face competition from the World Cup, heatwave, and a quieter summer market.
Afin Bank Joins Mortgage Advice Bureau’s Lender Panel
Afin Bank has joined Mortgage Advice Bureau’s lender panel, making its full range of residential and buy-to-let mortgages available to MAB advisers.