Shawbrook’s decision to reduce rates by up to 35 basis points across its commercial and semi-commercial mortgage products signals a tactical move to attract borrowers amid a cautious lending environment. The sharper cuts, reaching 50 basis points on select two-, three- and five-y
Paragon’s latest figures show gross rental yields climbing to 7.02% by the end of June, up from 6.96% at the close of Q1. This modest but consistent rise continues a trend that has been apparent since the Covid lockdowns ended, reflecting ongoing rental demand pressures and const
Paragon’s latest data shows gross rental yields nudged up to 7.02% by the end of June, a small increase from 6.96% at the close of Q1. This continuation of an upward trend that began after Covid restrictions ended suggests rental income growth is outpacing property price inflatio
Barclays, Halifax, HSBC and TSB have all announced mortgage rate increases of up to 20 basis points, effective immediately. This move follows a recent pattern of incremental hikes among the UK’s largest lenders as they respond to ongoing Bank of England rate adjustments and marke
Barclays, Halifax, HSBC and TSB have all increased mortgage rates by as much as 20 basis points, signalling a tightening in borrowing costs for UK homebuyers. This move follows a pattern seen in recent months as lenders respond to Bank of England base rate adjustments and wider e
The Renters’ Rights Act has introduced a re-letting ban following eviction notices, effectively removing a key safety net for landlords. This change means landlords cannot immediately re-let a property once they have served an eviction notice, even if the tenant leaves voluntaril
June saw a notable rise in property auction activity across the UK, with sales volumes climbing by over 35% compared to the same month last year. This uptick pushed the total value raised through auctions well above the £300 million mark, reflecting increased investor appetite fo
June saw a notable 35% rise in property auction sales compared to the previous month, with the total value raised also climbing significantly. This jump suggests growing investor interest in auction properties, which often offer quicker transactions and potential discounts compar
Foundation and Principality Intermediaries have both increased rates on selected buy-to-let mortgage products from 18 July 2026. Foundation’s adjustments affect a range of fixed-rate options, including F1, F2 HMO, F2 MUFB, large HMO, short-term let, and expat products. Principali
Foundation and Principality Intermediaries have increased rates on a range of their buy-to-let products as of 18 July 2026. The adjustments affect fixed-rate deals across multiple segments including F1, F2 HMO, multi-unit freehold blocks, large HMOs, short-term lets and expat mor
Mortgage lenders tightening criteria around service charges are creating a new hurdle for prospective flat purchasers. Several banks have introduced a cap, refusing mortgage applications if annual service charges exceed 1% of the property’s value. For example, a flat valued at £2
The latest data from TwentyEA reveals a housing market that is neither crashing nor booming, but settling into a phase of cautious stability. Average house prices have edged up by 1.2% in the second quarter compared to the first, a modest rise that contrasts with the sharp inflat
