Archive

Average house prices and mortgage approvals hit new highs during the summer months, in a positive sign for the property market. Nationwide...

The predictions game can be tricky. Sometimes you just don’t know whether to stick or twist. As reported in Estate Agent Today...

Political and economic stability is encouraging more movement in the housing market, according to new figures released by online valuation specialists...

Knight Frank has left the door open to revise its house price forecasts after the chancellor’s first Budget in October. Chancellor Rachel...

Mortgaged buyers have continued to drive the property market even in the two years since mortgage rates peaked, research suggests. Property brand...

When I first started working as an estate agent there was one thing I never saw coming… and that was having...

Annual house price growth remained at 2.7% ahead of the general election in June and was up just 0.5% on a...

Inflation has increased for the first time this year during July, dashing hopes of a further interest rate cut. The rate of...

The latest prime London market snapshot from Knight Frank suggests muted activity so far this summer and warns of possible hesitancy...

Estate agents are braced for a busy Autumn selling season after the first interest rate cut since March 2020. The Bank of...

Foxtons’ market share for exchanges rose by 30% in the first half of the year as the London agent revealed double-digit...

The UK housing market is heating up, with buyers now agreeing to pay 96.8% of asking price, Zoopla claims. The figure is...

There is no doubt that the residential market in the UK slumped last year. Transactions were at around 1 million, whereas...

Higher mortgage rates will push more people than expected into poverty, research warns. Analysis by the Institute for Fiscal Studies (IFS) highlights...

Conveyancing fees are rising but remain below highs of pandemic during the Stamp Duty holiday, research suggests. Comparison website reallymoving’s latest Conveyancing...

Best buy mortgage rates have fallen below 4% for the first time since the start of the year. Nationwide is the first...

HSBC has promised rate cuts this week as mortgage pricing continues to drop, but it is unclear how much further pricing...

Two years of rising interest rates, the withdrawal of first-time buyer support, planning delays and a string of broken promises has...

The rate of inflation held steady last month, raising hopes that the Bank of England will give homebuyers a boost with...

As mortgage rates remain high, estate agents report that housing market conditions continue to be demanding. A 0.1% fall in the average...

The number of mortgage approvals for house purchase fell for the second consecutive month during May, Bank of England data shows. Banks...

Average UK house prices are 8% overvalued but this figure could fall once mortgage rates hopefully drop, Zoopla claims. The portal’s latest...

The General Election and increased hopes of an interest rate cut seems to have boosted buyer confidence but not necessarily seller...

Major lenders have started cutting their mortgage pricing in anticipation of an interest rate cut in the coming months. The Bank of...

The recent dip in inflation to 2% for the first time in three years brings a glimmer of optimism in the...

The manifestos of all major parties tell us little about their true tax and public service plans, a respected financial think...

Interest rates were held for the sixth consecutive Monetary Policy Committee (MPC) meeting yesterday, as agents expressed hope of a cut...

Average UK house prices rose for a second month in a row during April, Land Registry data shows. The latest Land Registry...

The rate of inflation slowed to 2% in May, hitting the Bank of England’s target. Data from the Office for National Statistics...

The latest inflation figures this morning are expected to show that the cost of living measure has slowed to the Bank...

Building and development plans Recently, Carter Jonas has marketed development sites which have attracted multiple bids, higher offers than had been anticipated...

There’s a growing ­supply-demand imbalance in the sales market according to the prominent industry asking price index, Home.  It says despite greater...

If, like me, you watched the two party leaders battle it out in the first head-to-head debate you’ll have noticed that...

House prices appear to have benefited from a Spring bounce but sales and mortgage approvals have struggled. It comes after a busy...

With election day looming, in the first of a series of articles, experts from property services organisation, Leaders Romans Group, offer...

Knight Frank has revised its house price forecasts for prime central London (PCL) and now expects values to fall this year. The...

Could it be that a politician has finally done the property market a favour? Rishi Sunak’s decision to call the general election...

Affordability is a bigger factor for buyers than the confirmed General Election, Savills claims. Prime Minister Rishi Sunak has set a date...

A variety of charities have received support from the property industry this week. If there are charitable endeavours you think the rest...

Average house prices rose annually for the first time since July 2023 in March, Land Registry data shows. The latest Land Registry...

The rate of inflation slowed to 2.3% in April, Office for National Statistics (ONS) data shows. It means the consumer price index...

Hopes of an interest rate cut have been raised after the International Monetary Fund (IMF) suggested the UK economy is recovering faster...

Agents remain typically optimistic about the property market after interest rates were been held at their 16-year high of 5.25% by...

Help to Buy has been ranked as having the most positive influence on the property market in recent times. Agency comparison website...

Savills has today upgraded its five-year UK mainstream house price forecast to reflect the stronger than expected start to the year...

Typical consumer spending on mortgages and rents increased 3.6% in April – the first increase in the rate of growth since...

Market appraisal volumes dropped 7% in March according to Propertymark’s latest market snapshot, based on data from up to six weeks...

Prominent housing and mortgage experts are downplaying the chance of an interest rate cut following the Bank of England monetary policy...

Just as the Nationwide showed the impact of rising mortgage costs on house prices, so another raft of lenders have made...

Only realistic sellers willing to negotiate prices are successful in the current market, says one of the country’s leading estate agents. The...

UK house prices may be broadly static but sales volumes are up 12% year on year according to Zoopla data out...

An analysis by Rightmove reveals that the average interest rate for a two year fixed mortgage at 95% loan to value...

The average price of a home in Wales fell to £229,263 in the first quarter of 2024, making this the fifth...

A report in the Times newspaper says Chancellor Jeremy Hunt is planning a stamp duty cut in the early autumn. The paper...

Inflation has eased to 3.2% down from 3.4%, official figures from the Office for National Statistics show, the lowest level since...

OnTheMarket president Jason Tebb has cautioned buyers against waiting for an interest rate cut and General Election before making a transaction...

When we talk in general terms about the UK housing market, we tend to draw a picture of generality. Facts and figures...

Average house prices fell on a monthly basis for the first time since September 2023 during March as higher mortgage rates...

Fall-throughs are costing home sellers an estimated £909m a year, according to new analysis. Upfront information provider Home Sale Pack has analysed...

House prices dipped on a monthly basis during March but annual growth improved, Nationwide data shows. The latest Nationwide House Price Index...

Estate agents are hopeful for a busy spring market after official data showed a small rise in property sales in recent...

Borrowers are currently rolling off relatively favourable two-year fixed-rate deals agreed at the start of 2022, but the pain from higher...

Stress tests are a valuable tool for measuring resilience and the Scottish residential property market was put through a fairly gruelling...

If you want to hear of a tale for our industry’s times - featuring housing shortages, planning disputes, rampant  inflation and...

Inflation has hit a new two-year low as the cost of living measure slowed to 3.4% in February. The figure is down...

Annual house price declines slowed in January and values returned to growth on a monthly basis, Land Registry data shows. The latest...

The best news for the property sector to come from Chancellor Jeremy Hunt’s Spring Budget statement came not from any fiscal...

The gap between the price a seller wants and what a buyer is willing to pay is at risk of widening,...

The Spring Budget last Wednesday rounded out to be mostly a disappointment for the property industry, but it was also perhaps...

Property market conditions in the new-build sector are likely to remain subdued this year. Persimmon has claimed. An outlook in the house...

The prime London sales market has made a hesitant start to 2024, Knight Frank has said. Despite the agent and property brand...

Average house prices rose for the fourth consecutive month during February, figures from Halifax show, but it is unclear how long...

Agents are hopeful of support for the property market in today’s Spring Budget. It could be the Chancellor Jeremy Hunt’s final fiscal...

Agents would be happy to pay for regulation but the sector should be wary of costs, a Propertymark executive has told...

The level of mortgage approvals for home-movers hit the lowest level since the 1970s amid the cost of living crisis in...

House prices are growing annually for the first time since January 2023, Nationwide claims. The latest Nationwide House Price Index found average...

I was chatting to a genuine city gent the other day (someone who has enjoyed a career in suits, ties, shares...

Mortgage approvals increased for the fourth consecutive month in a row during January but that hasn’t fed into official sales yet, data...

There are often very grim snapshots of the current property crisis.  But one of the most shocking I’ve read in a long...

Around half of agents remain confident about the housing market’s prospects this year, research suggests. A survey of almost 600 estate agents,...

Homeowners with mortgages have seen the highest increase in household costs over recent months, official data suggests. The latest Household Costs Index...

Propertymark has joined growing calls for the Bank of England to cut interest rates. Interest rates have been held at 5.25% since...

A senior estate agent has described the Government’s pledge to compel councils to cut red tape in favour of development as...

Reading the news on Estate & Letting Agent Today every day (as I’m sure you all do, too), there appears to...

The rate of inflation remained at 4% in the 12 months to January, but housing costs remain high, Office for National...

A drop in house prices remains likely for 2024 despite recent rises and improving sentiment. The latest Halifax house price index showed...

The European property market is the most distressed sector, new research suggests. The latest Distress Index, from restructuring firm Weil, has warned...

The housing sector remains locked in a buyers’ market and prices are unlikely to rise nationally this year, Zoopla claims. While some...

Everyone’s a pundit these days, aren’t they? And January is pundit season – when a New Year starts, out come the...

Prime London prices fell 6% annually over 2023 but remain higher over the long term, LonRes claims. Analysis by the data company...

Inflation rose unexpectedly in the 12 months to December 2023, Office for National Statistics (ONS) data has revealed. The latest ONS figures...

In this latest article from the team at Iceberg Digital, they discuss a beacon of hope for agencies looking to thrive...

Knight Frank has revised its house price forecasts and said it now expects average values to rise this year rather than...

As Conveyancers we operate in such a volatile market, where government economic policy can and has repeatedly made our professional lives...

In the current challenging market, housebuilders are increasingly looking for novel and engaging means of marketing to achieve the necessary supply/demand...

Winkworth's network completed sales for the year fell by some 19% in 2023, the agency franchise brand has revealed but it...

Let’s start at the very beginning - Happy New Year. Now, let’s give thanks to the guy who made January 1st...

The news in September that Birmingham City Council (‘Europe’s largest local authority’) had been forced to issue a Section 114 notice...

Chris Hemmings, Parter in Carter Jonas’ Planning & Development team We’re confident of a better start to 2024 than 2023. The news that...

The level of mortgage approvals hit a four-month high in November, Bank of England data reveals. There were 50,067 mortgage approvals in...