Property News
Latest news, advice, and insights for UK property professionals
Nationwide Reports £45.8bn Gross Mortgage Lending for 2025-26
Nationwide's gross mortgage lending rose to £45.8bn, with its loan book increasing and arrears falling, according to its latest financial results.
OneDome Strengthens Compliance Team with Senior Appointments
OneDome has appointed Joanna Purdy as group head of compliance and promoted Rebecca Curtis to head of compliance for its networks, Mortgage Intelligence and OneDome Growth Partners.
Over a Fifth of UK Homeowners Want Second Property but Cite Cost Concerns
Barclays research finds 22% of UK homeowners want a second property but see costs as a barrier, with running costs and stamp duty among top concerns.
Landbay Survey Finds Landlord Sentiment Stable Amid Economic Uncertainty
Landbay's latest survey reports stable landlord sentiment, with most landlords confident in their portfolios but cautious about the UK economy. Many plan rent increases and favour fixed-rate mortgages.
FOS Identifies Rise in Vulnerable Customers Bringing Complaints
The Financial Ombudsman Service identified a quarter of customers bringing complaints last year as vulnerable, up from 10% the previous year, according to Mortgage Strategy.
Mortgage Complaints Drop 11% in Latest Financial Year, Says FOS
Complaints about residential first charge mortgages fell by 11% in the last financial year, according to the Financial Ombudsman Service. Buy-to-let complaints remained steady.
Bridging Finance Used for Lease Extension on St John’s Wood Flat
A property investor secured £1,462,500 in bridging finance from SDKA to buy a St John’s Wood flat and pursue a Section 42 lease extension, aiming to widen refinancing options.
Low Attendance at UK Estate Agent Conferences Persists
UK estate agents continue to show limited attendance at industry conferences, despite opportunities for professional development and networking, according to PropertyWire.
Wimbledon Residential Scheme Secures £2.98m Exit Loan from Shawbrook
Shawbrook Bank has provided a £2.98 million exit loan for a nine-unit residential development in Wimbledon, with refinancing completed in two and a half weeks.
CHL Mortgages Appoints Jenna Macey as BDM for London and South East
CHL Mortgages has appointed Jenna Macey as business development manager for London and the South East. Macey brings nearly 20 years of financial services experience to the role.
Cambridge BS Launches Limited Company BTL Holiday Let; Paragon Updates BTL Advances
Cambridge Building Society has introduced a limited company buy-to-let holiday let mortgage at 80% LTV. Paragon Bank has streamlined its BTL further advance process and reduced rates.
CHL Mortgages Appoints Jenna Macey as BDM for London and South East
CHL Mortgages has named Jenna Macey as business development manager for London and the South East, bringing nearly 20 years of experience to the role.