Property News
Latest news, advice, and insights for UK property professionals
British Mortgage Awards Mark 20 Years as Broker Roles Evolve
The British Mortgage Awards have marked 20 years, recognising individual excellence in the mortgage industry. Brokers now hold a larger market share, but their time is more limited.
Mortgage Brokers Shift to WhatsApp to Boost Client Engagement
Mortgage brokers are increasingly using WhatsApp and voice notes to respond to client enquiries, reporting higher engagement compared to traditional phone calls.
Shepherds Friendly Appoints Laura Gauden as Head of Sales
Shepherds Friendly has named Laura Gauden as its new head of sales, aiming to strengthen relationships with intermediaries and drive growth.
Government Consults on FTB ISA to Replace Lifetime ISA
The government has launched a consultation on a First Time Buyer ISA to replace the Lifetime ISA, raising questions about simplicity, house price caps, and support for self-employed savers.
Government Announces Consultation on First Time Buyer ISA to Replace Lifetime ISA
The government has outlined plans for a new First Time Buyer ISA to replace the Lifetime ISA, aiming to address previous criticisms and support first-time buyers. Key details, including annual limits and property price caps, are under consultation.
Atom Bank Raises Commercial Mortgage Proc Fees and Cuts Rates
Atom Bank has increased procuration fees for new commercial mortgage applications and introduced improved rate discounts on large loans, according to Mortgage Strategy.
Connells: A Third of Renters Face 35-Year Wait to Buy a Home
Connells research finds a third of UK renters save £100 or less per month, facing a 35-year wait to buy a home. High rents and deposit requirements are key barriers.
OPDA Report Highlights Lack of Visibility in UK Homebuying Process
A new OPDA report finds 43% of consumers blame delays in homebuying on poor visibility and communication, with many asked to resubmit information multiple times.
First-Time Developer Secures £895,000 Loan for Bromley Project
Avamore Capital has provided an £895,000 loan for a two-home ground-up development in Bromley, marking the borrower's first project of this type.
One in Three Renters Face 35-Year Wait to Save House Deposit, Skipton BS Finds
Research from Skipton Building Society finds a third of UK renters saving £100 or less per month could wait 35 years to save a house deposit, with high rents cited as a key barrier.
Thousands of Interest-Only Mortgages Nearing Maturity May Lead to Poor Outcomes
Thousands of older homeowners with interest-only mortgages are approaching the end of their terms, with many unaware of available options, according to Air and UK Finance data.
Shepherds Friendly Appoints Laura Gauden as Head of Sales
Shepherds Friendly has named Laura Gauden as its new head of sales. Gauden joins from Newcastle Building Society and will oversee the sales team and develop the mutual's broker partnerships.