1+ day, 8+ hour ago  (376+ words) Applications for tracker mortgages increased more than threefold in April compared to March, according to broker L&C Mortgages, as economic uncertainty prompted borrowers to reconsider fixed-rate products that have dominated the UK market. At present, the cheapest two-year fixed-rate…...

3+ day, 9+ hour ago  (298+ words) Estate agents in the UK continue to show limited attendance at industry conferences, despite opportunities for professional development and networking, according to observations from veteran property professional Simon Bradbury. Bradbury, who has worked in the sector for over 40 years, recently…...

3+ day, 14+ hour ago  (322+ words) A property investor has secured "1, 462, 500 in bridging finance from SDKA to purchase a three-bedroom apartment in St John's Wood, using the loan term to pursue a Section 42 lease extension that will expand refinancing options. The apartment is located in the…...

3+ day, 11+ hour ago  (351+ words) First-time buyer demand declined by 4% in April compared to the same month last year, according to data from Rightmove, though several regional markets have bucked the national trend with substantial growth. West Oxfordshire recorded the highest increase, with demand for…...

3+ day, 15+ hour ago  (502+ words) UK inflation dropped to 2. 8% in April, down from 3. 3% in March, according to the Office for National Statistics, a larger decline than most economists had forecast. The fall has increased market expectations that the Bank of England could reduce the base…...

3+ day, 16+ hour ago  (338+ words) Property technology firm Goodlord has announced Reposit as its sole partner for deposit replacement products, as the rental sector continues to adopt alternatives to traditional cash deposits. Under the agreement, Reposit will be the only integrated tenancy security solution on…...

4+ day, 15+ hour ago  (324+ words) Lloyds Banking Group is evaluating plans to phase out the Halifax brand, potentially ending the 173-year-old banking and mortgage provider's operations as a standalone entity. The banking group, which owns Lloyds, Halifax and Bank of Scotland, is reportedly considering retiring…...

4+ day, 16+ hour ago  (390+ words) Letting agents across England are being advised to conduct comprehensive reviews of their website content following the implementation of phase one of the Renters" Rights Act earlier this month, according to Propertymark. The legislation, described as the most substantial change…...

5+ day, 14+ hour ago  (282+ words) Letting agents managing nearly 70% of England's protected tenancy deposits may face compliance issues following changes introduced under the Renters' Rights Act, according to analysis by a property accounting specialist. The Letting Partnership estimates that agents handled 2. 98 million protected deposits in…...

5+ day, 20+ hour ago  (515+ words) Reform UK has announced plans to repeal the Renters" Rights Act through a proposed "Great Repeal Bill" if the party wins the next General Election, describing the legislation as a "disaster" for tenants. The party, which gained ground in recent…...