Property News
Latest news, advice, and insights for UK property professionals
Second Charge Mortgage Volumes Dip 1% in May, FLA Reports
Second charge mortgage new business volumes fell by 1% in May 2026, while the value of new business rose by 9%, according to the Finance & Leasing Association.
Sir Keir Starmer to Resign as Prime Minister and Labour Leader
Sir Keir Starmer has announced plans to step down as prime minister and Labour leader, with a new leader expected before Parliament returns in September.
Average Fixed Mortgage Rates Rise Amid Middle East Turmoil
Average fixed-rate mortgages in the UK increased this week, with rises across two, five, and ten-year products, according to Moneyfacts. The changes follow renewed turmoil in the Middle East.
Lenders Expand High LTV Mortgages for First-Time Buyers Amid Rising Debt Risks
Lenders have increased high LTV mortgage options for first-time buyers, but rising house prices and debt risks remain key concerns, according to Mortgage Solutions.
Second Charge Mortgage New Business Volumes Drop 1% in May 2026
New business volumes in the second charge mortgage market fell by 1% in May 2026, marking the first decline since April 2025, according to the FLA.
Major UK Banks Expand 100% Mortgage Options for First-Time Buyers
Several major UK lenders have launched new low- and no-deposit mortgage products, aiming to support first-time buyers facing affordability challenges.
Specialist Lender Approves Buy-to-Let Mortgage for Glasgow Flat Above Pub
A specialist lender has approved a buy-to-let mortgage for a Glasgow flat above a pub after the application was initially declined by standard lenders.
Rental Survey Highlights Regional Variations Across Five UK Cities
A survey of rental properties in five UK cities shows monthly rents from £950 to £1,750, with rates varying by location, property type, and amenities.
Concerns Raised Over Estate Agent Power in Homebuying Reform Plans
Industry figures warn that government homebuying reforms could give estate agents too much control over conveyancing and surveys, risking higher prices and less transparency.
Recognise Bank Appoints Julian Sawyer as Non-Executive Director
Recognise Bank has named former Starling Bank COO Julian Sawyer as a non-executive director. The bank recently reported growth in its loan book and deposits.
Foundation and Principality Intermediaries Announce Rate Increases
Foundation and Principality Intermediaries have announced rate increases across selected buy-to-let and residential mortgage products, with changes affecting a range of fixed-rate offerings.
Councils Collect Only a Quarter of Fines from Rogue Landlords, NRLA Finds
NRLA data shows English councils collected just 24.9% of fines issued to rogue landlords, despite a rise in property inspections under the HHSRS.