Rental arrears reach record high of £2,281 in Q1
Average rental arrears reached a record £2,281 in the first quarter of the year, according to new data from deposit alternative provider Reposit, as tenants continued to face elevated living…
Regional property price divergence reveals market split
Analysis of Land Registry data since 2000 reveals significant regional disparities in UK property price performance, with northern regions outpacing southern markets in recent growth but lagging substantially over longer…
Surrey landlord fined £5,000 for safety breaches
A landlord in Surrey has been fined £5,000 following enforcement action by Tandridge District Council over multiple safety violations at a rental property in Lingfield. Ashraf Talukder was issued with…
Buy-to-let investors shift to higher-yield strategies
Buy-to-let landlords are increasingly adopting professional business strategies and targeting higher-yield investments to offset rising costs from taxation, compliance requirements and interest rates, according to Daryl Norkett of Shawbrook Bank.…
UK property market shows resilience amid Middle East conflict
The UK property market has demonstrated relative stability despite geopolitical tensions and rising mortgage rates linked to the US-Iran conflict, according to data from major property indices. Market indicators show…
IPPR proposes rent cap linked to inflation or wages
The Institute for Public Policy Research has proposed a rent control mechanism for England’s private rental sector that would cap rent increases at whichever is lower between consumer price inflation…
Assetz Capital provides £2.3m rescue facility in Herefordshire
Assetz Capital has provided a £2.3 million development facility for a six-unit bungalow scheme in Leintwardine, Herefordshire, after the original lender withdrew on the scheduled completion date. The 16-month facility,…
Estate agents issued guidance on ID checks before viewings
The Guild of Property Professionals has issued guidance to UK estate agents clarifying when identification can be requested from prospective viewers ahead of property viewings. Paul Offley, compliance officer at…
Mortgage product availability down 10% since March
Mortgage product availability has contracted by approximately 10% since early March, with high loan-to-value options falling by 14%, according to data from Moneyfacts. The reduction particularly affects first-time buyers seeking…
Conservatives propose stamp duty abolition for primary homes
The Conservative Party is continuing to promote its proposal to abolish stamp duty on primary residential properties, with Shadow Chancellor Sir Mel Stride describing the tax as “the most economically…