Mortgage approvals fall to two-year low amid caution
Mortgage approvals for house purchases fell to 59,999 in January 2026, the lowest level in two years, according to the Bank of England’s Money and Credit report. The figure represents…
UK rental market shows 4.9% growth as regional patterns diverge
The UK rental market recorded steady growth in 2025, with average rents reaching £1,602 per calendar month, representing a 4.9% increase compared to 2024, according to Lomond’s Quarterly Insights Report…
Gilt yields rise as Bank of England rate cut prospects dim
UK government bond yields increased sharply yesterday despite inflation falling to a 10-month low in January, signalling reduced expectations for a Bank of England rate cut in March and raising…
Mortgage activity drops in January
Mortgage approvals dropped to 60,000 in January, below an average of around 64,100 over the previous 6-months, the Bank of England Money & Credit data for January has found. Approvals…
147 home development kicks off in Old Trafford
Construction has started on 147 homes in Old Trafford, which will include one, two, three, and four-bedroom houses. Half of the homes will be for sale, while the other half…
Property complaints rise – PropertyWire
There was a 47% increase in complaint enquiries across the residential property sector in the past year, dispute organisation Property Redress has found. Some 4,220 enquiries were received in 2025…
John Lewis pullout highlights tax issues with build-to-rent
The decision from retailer John Lewis not to invest in build-to-rent should be seen as a sign that the government should relax taxation rules across the sector. That is according…
Eviction costs set to reach £3,000 under Renters’ Rights Act
Landlords in England face eviction costs of approximately £3,000 once the Renters’ Rights Act comes into force in May, according to property industry experts. Greg Tsuman, managing director at Martyn…
UK government clarifies digital ID use for AML compliance
Estate agents and other regulated businesses in the UK can now use certified digital identity services to satisfy anti-money laundering (AML) identity verification requirements, following updated government guidance published this…
Criterion Capital faces eviction claims at London estate
Criterion Capital has been accused of issuing eviction notices to residents at Britannia Point in Colliers Wood, south-west London, ahead of the implementation of the Renters’ Rights Act, which will…