Property News
Latest news, advice, and insights for UK property professionals
Estate Agents Face Online Criticism When Building Visibility
A Property Industry Eye report highlights that estate agents posting online to build their brand often face negative comments, which can deter some from sharing their expertise.
First-Time Buyer Demand Falls Nationally, But Regional Hotspots Emerge
First-time buyer demand dropped 4% year-on-year in April, but areas like West Oxfordshire, East Staffordshire, and Bracknell Forest saw significant growth, according to Rightmove data.
Government Outlines Building Safety Reforms Following Grenfell
The UK Government has announced new building safety reforms and a Remediation Bill to address unsafe cladding, following the Grenfell Tower disaster.
NRLA and Lettings Industry Council Announce Merger
The NRLA and The Lettings Industry Council have announced a merger, forming a unified body to represent landlords and letting agents across England and Wales.
West One Raises Loan-to-Income Cap as Santander Cuts Mortgage Rates
West One has increased its loan-to-income cap and expanded AVM criteria, while Santander is reducing mortgage rates across several products.
Government Launches Neighbourhood Guarantee for Local Services
The UK government has announced a Neighbourhood Guarantee to set clear expectations for local public services, including cleaner streets and filled potholes.
Prime Minister and Tenant Groups Mark Renters’ Rights Act
The Prime Minister and tenant groups gathered at Downing Street to celebrate the Renters’ Rights Act coming into force, highlighting new protections for renters.
West Oxfordshire Leads UK First-Time Buyer Hotspots, Says Rightmove
Rightmove analysis shows West Oxfordshire has the highest increase in first-time buyer demand, with a 45% year-on-year rise, supported by more available homes and stable prices.
Property118 Raises Question of Over-Exposure in Property Investment
Property118 discusses whether landlords may be over-exposed to property investment. The article reflects on the motivations and strategies of many UK landlords.
Collapsed House Sales Cost UK Economy £2bn Annually, OPDA Reports
Research by the Open Property Data Association finds that failed house sales cost the UK economy nearly £2bn each year, with over half of transactions falling through after an offer is made.
Majority of Tenants Support Renters’ Rights Act, Barclays Finds
Barclays reports that 62% of tenants believe the Renters’ Rights Act will improve their housing conditions and protections, but concerns remain over potential rent increases and supply.
Buckinghamshire Building Society Expands BTL and Holiday Let Products
Buckinghamshire Building Society has increased maximum loan sizes and launched new fixed-rate products for buy-to-let, holiday let, and expat borrowers.