Selected two-year rates have also been reduced by up to 10 basis points.

The latest cuts follow a similar move by the bank in mid-April when rates were reduced by up to 0.20%.

Average rents rose from £1,213 in March to £1,216 in April, ahead of a predicted summer rental spike.

Just 11.6% of London’s rental homes fall below the proposed Decent Homes Standard, the lowest rate in the country.

Sustained global uncertainty and delayed decision-making are continuing to impact confidence in the construction sector negatively.

Shenfield rents have jumped nearly 53% since 2021 — the highest increase along the Elizabeth line corridor.

Saffron went beyond its maximum loan size to complete its largest-ever self-build loan.

1 in 3 UK mortgage holders are reliant on risky, short-term strategies when faced with lost income, according to a new study.

The west Yorkshire city has retained its title as the UK’s hottest property market, topping OnTheMarket’s Hotspots Index for a second consecutive quarter.

New research from HaMuch has identified the top three smells most likely to put off prospective homebuyers—and revealed that the right scent could make all the difference when...