UK Finance: Mortgage activity to rebound in Q3
The number of people buying properties with a mortgage is expected to surge in the third quarter, according to trade body UK Finance. The first quarter of 2025 was particularly…
Mortgage repayments toughest burden since 2008 – Moneyfacts
With softening house price growth and an ongoing debate about property tax reform, Moneyfacts has claimed that monthly mortgage payments are the highest burden since the 2008 financial crisis. An…
UK Finance: Relaxed stress tests will see arrears rise
Trade body UK Finance has welcomed discussions by the mortgage regulator on loosening stress tests – but warned that any changes will result in more loans falling into arrears. UK…
Rental competition higher in towns than cities
The UK’s rental supply crisis is now most acute in towns as more renters are priced out of cities, Q2 2025 demand data from flatshare site SpareRoom has revealed. Demand…
Southerners leaving in search of affordable homes
Homebuyers in the South East and East of England are the most likely to search for homes further afield due to expensive house prices in the regions, Zoopla research shows.…
Flex provider infinitSpace accelerates North America entry with strategic hire of renowned flex leader
Flexible workspace provider infinitSpace is powering up for its expansion into North America with the appointment of Andrea Pirrotti-Dranchak (pictured), a flex pioneer, as its new Head of Real Estate…
Councils handing landlords hefty incentives to house the homeless
Local councils have spent over £31 million on incentives to landlords providing their properties for the homeless. This is money handed to landlords they receive on top of housing benefit.…
Haringey agents fined over £100,000 for failing to display fees
Letting agents in Haringey have been hit with over £100,000 in fines for failing to display clear fees and breaching Client Money Protection rules. Client Money Protection safeguards rent and…
Scotland unveils ‘Housing Emergency’ plan to tackle homelessness
The Scottish government has committed to investing £4.9 billion in the next four years to deliver around 36,000 affordable homes by 2029-30, as part of its ‘Housing Emergency Action Plan.…
Law firm partners with council to take on rogue landlords
Somerset Council has joined forces with law firm Clarke Willmott LLP to secure banning orders for two landlords. David and Joanna Fuller were in the firing line, who failed to…