News

Halifax Reports New Record-High Average UK House Price of £258,204

New figures from the Halifax suggest that the clamour to claim stamp duty relief before the September deadline shows no sign of abating. As a result, a major spike in demand for desirable properties in key regions has resulted in a huge 8.2% average house price increase within the past […]

London Homeowners Sue Surveyor for Failing to Spot Knotweed Infestation

A property owner in London was recently awarded tens of thousands of pounds in compensation after filing a case against a chartered surveyor who failed to detect the presence of Japanese Knotweed in his garden. Not only did the homeowner sue their surveyor for the costs of eliminating the Knotweed […]

Bank of England: Mortgage Borrowing Hit an All-Time High in March

New figures published by the Bank of England suggest mortgage borrowing hit an all-time high in March this year. Official data shows that property owners in the UK borrowed around £11.8 billion more on mortgages than they repaid in March, the highest monthly net borrowing total since records began. Analysts […]

Charity Warns of Potential Homelessness Crisis as Eviction Ban Deadline Looms

Thousands of private tenants across the UK have fallen into arrears due to the COVID-19 pandemic. Many people now face the risk of homelessness when the ban on evictions comes to an end. New figures published by Citizens Advice indicate that in January, at least 500,000 private tenants have fallen […]

Thomas McAlpine Launches New Platform for Buying and Selling Land

One of the UK’s most innovative and experienced construction, land and finance veterans has launched a dynamic new online platform for private and commercial land transactions. Addland.com has the potential to revolutionise the process of finding, researching, buying and selling land, by simplifying all aspects of pinpointing high-potential investment opportunities […]

Critics Slam Government’s Apathetic Attitude to Mortgage Prisoner Crisis

Mortgage prisoners have been propelled back into the spotlight this week, as MPs prepare to vote on an amendment to the Financial Services Act that would result in an interest rate cap for borrowers locked into uncompetitive mortgages. Chancellor Rishi Sunak has repeatedly promised to find a “workable solution” for […]

March Records Strongest Real Estate Market Performance Since 2005

Evidence suggests that the UK government’s efforts to stimulate the real estate market are paying off, with the latest figures indicating a surge of activity last month. Spurred at least partially by the extension of the stamp duty holiday, data from HM Revenue and Customs (HMRC) indicates that the highest volume of […]

UK Property Finance Nominated for Best Broker at the 2021 Specialist Finance Introducer Awards

At UK Property Finance, nothing makes us prouder than knowing the services we provide are appreciated by our customers. That is why we are delighted to announce that UK Property Finance has been long-listed for the 2021 Specialist Finance Introducer Awards, one of the year’s highest-profile events for the sector. […]

Six Out of Ten Brits Hit the High Street as Lockdown Measures Eased

The gradual easing of lockdown restrictions is set to trigger a major spike in consumer spending, which is likely to help jump-start the British economy in the run up to the summer. A report published this week by Deloitte found that despite the UK’s widespread adoption of online shopping, the […]

UK Government Considering Plans to Launch Its Own Virtual Currency

The United Kingdom has added its name to a growing list of countries looking to leverage the growing popularity of cryptocurrency. Chancellor Rishi Sunak made the announcement at a fintech industry conference, confirming that the UK government is considering the introduction of its own form of virtual currency. “We’re launching […]

NACFB
UK Property Finance is Authorised by The Financial Conduct Authority (FCA)
Association of Bridging Professionals
Video Chat
X

Video Chat

Please complete the following fields: