Property News
Latest news, advice, and insights for UK property professionals
Landlords Face Higher Court Costs as Possession Claim Fees Rise
The government has announced an increase in court fees for landlords making possession claims, while tenant challenge fees remain unchanged.
Landlords Focus HMO Investments on Specific Tenant Groups
Research shows most HMO landlords in the UK target their properties at specific tenant groups, with students being the main focus.
Tenant Groups Call for Further Reform After Recent Changes
Tenant bodies have lobbied for major reforms affecting landlords, but are now seeking further changes due to perceived negative impacts.
Report Claims Rent Controls Could Save Tenants £2,400 Annually
A report welcomed by the Green Party claims rent controls could save private tenants in England £2,400 a year and reduce housing benefit spending.
Hodge Bank Expands Lending Criteria for Complex UK Properties
Hodge Bank has updated its residential lending criteria, removing limits on storeys and acreage, and increasing LTV on ex-local authority properties and flats.
Channel 4 Satire Highlights UK Housing Crisis With Unusual Stunts
Channel 4's 'How to Trick Your Way Onto the Property Ladder' uses stunts like hypnotising estate agents and renting prison cells to highlight the UK housing crisis.
Paragon and Foundation Expand Buy-to-Let Mortgage Options
Paragon Bank has expanded its tracker buy-to-let mortgage range, while Foundation has introduced new expat deals and reduced rates across its buy-to-let products.
Market Harborough BS Cuts Fixed Rates; Gen H Unveils Limited-Edition Mortgage
Market Harborough Building Society has reduced fixed mortgage rates, while Gen H has launched a limited-edition two-year fixed rate for loans above £400,000.
Experts Say Landlords Overstate EPC Upgrade Costs by £6,000
Landlords estimate EPC upgrades will cost over £11,000, but energy efficiency experts say the average cost is much lower, according to Mortgage Solutions.
Specialist Lenders Offer More Options for Complex Credit Profiles
Specialist lenders are providing more flexible mortgage options for UK borrowers with complex credit histories, according to a report by Mortgage Solutions.
NatWest Raises Shared Equity LTV to 90% and Cuts Mortgage Rates
NatWest has increased the maximum LTV for shared equity purchase products to 85% and 90%, up from 75%, and has reduced rates across several mortgage products.
Government Consults on New FTB ISA to Replace Lifetime ISA
The government has launched a consultation on a new First Time Buyer ISA to replace the Lifetime ISA, aiming to address issues with the current scheme.