The rental market is still growing, but the way properties are managed has changed. August is a useful time for landlords to review tenancies, rent processes and record-keeping.

Summer is traditionally a quieter period for the UK property market, with school holidays, family commitments and overseas travel often causing buyers and sellers to put their plans on hold. This year, however, prolonged hot weather appears to have added to the seasonal slowdown.

The UK housing market continued to shift in favour of buyers throughout May, as transaction levels softened slightly and supply continued to outweigh demand in many areas. While headlines may focus on small percentage changes, the underlying story is far more significant.

In recent weeks, we’ve seen a noticeable shift as major lenders begin reducing mortgage rates, signalling a change in momentum after a period of uncertainty. With swap rates easing and lenders keen to attract business, the landscape is becoming increasingly favourable but also more complex for buyers and homeowners. What can this mean for you?