Mortgage holders waiting for June base rate cut
Online remortgage searches dropped by 10% in June, indicating that many are waiting for an expected base rate cut. That is according to tech firm Twenty7tec, which found that searches…
Prime Central London an ‘anxious market’ due to falling prices
The Prime Central London market is the most ‘anxious’ it’s been for over a decade, according to London property broker Black Brick. Much of the anxiety steps from the departure…
The Mortgage Works cuts buy-to-let rates
The Mortgage Works is reducing buy-to-let rates by up to 0.35%, with rates starting from 2.79%. Its buy-to-let 2-year fixed rate (remortgage only) now costs 2.99% to 65% LTV with…
Haringey landlord fined £10,000 for running unlicensed property in poor condition
A Tottenham landlord has been fined £10,000 after repeatedly failing to license a privately rented property. The property in question was said to have multiple issues of disrepair, while the…
First-time buyers becoming more highly leveraged
First-time buyers are leaning harder on high loan-to-value mortgages, analysis of UK Finance data from HouzeCheck has revealed. In the first quarter of 2025 the average LTV on a first-time…
Golden Age of UK property investment is over – research
The British obsession with property as a means of building wealth is outdated, as today’s house buyers will not match the gains of past generations, asset manager Rathbones has warned.…
Telecoms masts a barrier to redevelopments
Telecoms masts are increasingly becoming a barrier to redevelopment or urgent building works – and the legal framework for removing them is tightening, Henry Russell at law firm Clarke Willmott…
Councils must be backed to uphold Decent Homes Standard, warns NRLA
The Decent Homes Standard is being extended from social housing to private in the Renters’ Rights Bill, but the National Residential Landlords Association has warned that it needs to be…
Scottish housebuilding at 30-year low
Housing starts in Scotland were at their lowest level since 1996 in the first quarter of 2025, indicating that there’s a real problem in creating new supply in the country.…
New build homes launch in Staffordshire
A development of 58 homes have come to market in Rugely in Staffordshire from housebuilder Lovell. Some 29 are for open market sale and 29 allocated as affordable housing. This…