Barclays becomes latest lender to raise mortgage rates as pressure builds on borrowers
Barclays has increased mortgage rates by up to 0.15%, following similar moves by HSBC and Nationwide, as rising inflation and swap rates pressure borrowers.
Category: News
Stay updated with the latest UK property investment news, market insights, and trends. Expert analysis on residential and commercial real estate developments.
UK house prices edge higher after budget uncertainty eases
UK house prices rose 1% year-on-year in January, according to Nationwide, as easing mortgage rates and improved affordability support a gradual housing market recovery after Budget uncertainty.
Barclay brothers face bankruptcy deadline as creditors move to sell property assets
Howard and Aidan Barclay have six weeks to avoid bankruptcy after HSBC action, as creditors move to sell assets held by Trenport Property Holdings following the collapse of Yodel owner Logistics Group.
Housebuilding shows early signs of recovery as firms boost productivity and innovation spend
UK housebuilders are showing early signs of recovery, with Barclays data revealing rising confidence, stronger pipeline activity and a surge in planned investment in innovation, skills and AI.
Property transactions rise 5% year-on-year as housing market shows signs of thawing
UK property transactions rose 5% year-on-year in December, with experts saying lower mortgage rates and improved affordability are helping the housing market begin to thaw.
Holiday lets exempted from energy efficiency rules as industry hails ‘fantastic news’
Holiday lets have been exempted from tougher energy efficiency rules under the Warm Homes Plan, with owners welcoming the move while residential landlords criticise it as unfair.
Ground rents to be capped at £250 a year in major leasehold reform
Ground rents will be capped at £250 a year for existing leaseholders in England and Wales under Labour’s new Leasehold and Commonhold Reform Bill, with ministers pledging to end the “feudal” leasehold system.
Landlords still reluctant to go pet-friendly as Renters’ Rights Act approaches
Just 8.2% of rental listings in England are pet-friendly despite the incoming Renters’ Rights Act, with landlords taking a cautious approach ahead of new rules on pet ownership.
Landlords face mandatory energy upgrades under Warm Homes Plan as EPC C becomes law
Landlords will be legally required to upgrade rental homes to EPC C by 2030 under the Warm Homes Plan, with industry experts warning of higher costs, reduced supply and rising rents.
Buy-to-let mortgage activity jumps 32% in a year, challenging ‘landlord exodus’ claims
Buy-to-let mortgage lending rose 32% year on year, according to UK Finance data, prompting experts to say claims of a mass landlord exodus no longer reflect market reality.