New PRA rules to shake-up mortgage ‘stress tests’ for landlords

14 Aug 2017

Imminent new rules in relation to so-called mortgage ‘stress tests’ will be phased in between now and October 2017, and could make it more difficult for buy-to-let landlords with large portfolios to access new mortgages.

Landlord ordered to pay almost £175k in Court

8 Aug 2017

A UK landlord who was found guilty of serious planning offences has been ordered to pay almost £175,000 in Court.

Property price index suggests growth is “in line with expectations”

7 Aug 2017

New research published by one of the UK’s leading mortgage lenders has forecast that Britain’s property market will remain buoyant towards the end of 2017.

Study suggests steady rise in mortgage approvals

31 Jul 2017

A new study suggests that mortgage approvals continue to rise, with the total number of loans approved in June 2017 up by 1.4 per cent year-on-year.

Ambitious proposals unveiled to ‘ban’ leaseholds on new-build homes

25 Jul 2017

The Government has unveiled ambitious proposals to effectively ‘ban’ the sale of new-build properties under leasehold instead of freehold in England, according to reports.

Banana Warehouse plan is set to bear fruit

19 Jul 2017

One of York’s most distinctive properties is set to get a new lease of life as a mixed-use development. Steamrock Capital and the Oakgate Group, based in Wetherby, have joined forces to redevelop the Banana Warehouse, in the Piccadilly area

Mortgage lenders to tighten credit standards in coming months, report says

17 Jul 2017

Mortgage deals appear to have been growing increasingly attractive and affordable in recent years, but a new study suggests that borrowers with smaller deposits – such as first-time buyers – might find it more difficult to get on the property

Rise in demand for UK commercial property

3 Jul 2017

An increasing number of UK and international investors are gravitating towards the UK’s commercial property market, several recent studies suggest.

CML revises buy-to-let lending forecast amid ‘lopsided’ market concerns

26 Jun 2017

The Council of Mortgage Lenders (CML) has revised its forecasts for buy-to-let lending amid ongoing concerns that the mortgage market has become ‘lopsided’ in recent months.

Mortgage lending up year-on-year

19 Jun 2017

The latest data published by the Council of Mortgage Lenders (CML) has revealed that mortgage lending rose substantially year-on-year among first-time buyers and home-movers in April.