The average price of a property in the UK during May climbed to £285,000 - £6,000 higher than 12 months ago.

The £2.6m senior debt facility will enable the developer to convert a Grade II listed detached property into 3 residential units.

Applicant demand has seen a 15% month-on-month rise as the peak lettings season begins

Standing out from the crowd is essential for prospective tenants as we head into the peak lettings season

As yet, the new government has made no commitment to extending the relief beyond next March's deadline

A lack of speed from both conveyancers and estate agents remains a major obstacle to efficient sales.

The lender has cut rates on its F1 five-year, special Portfolio Landlord-only products by 10 basis points, with rates now starting from 4.89%

22,000 homes have been delivered over the previous 12 months, according to new analysis from the BPF and Savills

The latest changes include three and five-year fixes reducing by up to 0.25%, while two-year fixed-rate products are coming down by up to 0.15%

The division is currently on track to double its credit approvals record compared with 2022.