Mortgage arrears dropping – PropertyWire
Just 11,830 buy-to-let mortgages were in arrears in the first quarter of 2025, figures from UK Finance show. This represents an annual reduction of 6%, while it means just 0.61%…
Stamp duty push drives conveyancing costs up by 11.9%
The cost of conveyancing increased by 11.9% between Q1 2024 and Q1 2025 as buyers pushed to buy before the stamp duty holiday ended, analysis from reallymoving has revealed. Conveyancing…
Office and student accommodation demand fuelling commercial property revival
Office space and student housing are two sectors sparking a renaissance in commercial property demand, according to mortgage lender Together. Some 82% of property professionals, investors and developers agreed that…
Leicester buyers pay far more for garages
Homebuyers in Leicester pay amongst the highest premiums for garages in the UK, indicating that demand is especially high in the city, research from Zoopla shows. In Leicester the average…
House prices growth in Wales hits two-year high
The price of a home sold in Wales increased by 2.2% in the first quarter of 2025, the steepest growth in two years. This brings the typical property price to…
Propertymark calls for agent regulation timetable
Propertymark has called for a timetable in which agents will be regulated, after the idea was endorsed in the House of Lords. Lord Best said: “those who would be regulated…
Welsh government rejects two months’ rent compensation for no fault evictions
The Welsh government has rejected a proposal to hand two months of rent relief to tenants issued with no fault eviction, known as a Section 173 notice. The government said…
Mortgage rates declining – PropertyWire
The cost of the average 2-year fixed rate mortgage has fallen by its biggest margin in six months, the Moneyfacts UK Mortgage Trends Treasury Report has revealed. Average mortgage rates…
LendlordAI launches to help landlords make decisions
Property investment platform Lendlord has unveiled LendlordAI, a suite of artificial intelligence tools designed to support landlords when sourcing deals and managing portfolios. Key features of LendlordAI include: Instant insights…
Buyers get better mortgage deals during process
Over three quarters (75%) of homebuyers are being offered improved mortgage deals after they start buying a property, a lawyer has claimed. Simon Nosworthy from Osbornes Law said many buyers…