Mortgage News & Updates

The number of houses in multiple occupation (HMOs) across England has risen by 2.3% over the past year, reaching nearly 473,000. But while some regions and local authorities have seen huge increases, others recorded steep falls, reflecting stark regional disparities in the sector.

London and southern England buyers are enjoying the largest boost in affordability, with monthly mortgage savings of up to £181 compared to last year, as asking prices soften and mortgage rates fall.

UK construction activity fell again in August, marking eight straight months of contraction, as housing and civil engineering continued to struggle, according to S&P Global’s Construction PMI.

UK construction activity fell again in August, marking eight straight months of contraction, as housing and civil engineering continued to struggle, according to S&P Global’s Construction PMI.

Limited company ownership is increasingly shaping the buy-to-let market, with one in five landlords now incorporating, according to Pegasus Insight.

UK remortgage completions surged by 71% in July 2025, with two-year fixed-rate deals becoming the most popular choice among borrowers. While many faced higher repayments, short-term certainty and equity release opportunities drove activity — highlighting shifting homeowner strategies across regions.

Two leading UK lenders have cut rates below 4% following the Bank of England’s decision to lower its base rate to 4% in August 2025. First-time buyers could now secure deals from as low as 3.73%, while easing affordability rules and increased housing supply are fuelling competition across the mortgage market.

The Bank of England has reduced its base interest rate to 4% in August 2025 — its fifth cut in a year. While the move brings potential relief for borrowers, policymakers have warned that rising food prices could drive inflation back up, creating a challenging environment for future rate decisions.

Residential property transactions rose by 13% in June 2025, marking a possible shift in buyer confidence. As affordability improves and the effects of stamp duty reform settle, experts say a more stable property market may be emerging.