Archive

Average asking prices for new property listings had their usual summer drop this month but Rightmove is predicting a busy Autumn. The...

A prominent financial analyst is warning that the hopes for a housing market resurgence over the autumn could be derailed by...

The number of mortgage approvals for house purchase fell for the third consecutive month in June but property professionals remain optimistic...

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

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

Interest rates were held for the fifth consecutive time after the latest Bank of England Monetary Policy Committee (MPC) meeting yesterday. The...

Average house prices fell 1.4% during 2023, Land Registry data has revealed. The latest Land Registry House Price Index for December 2023...

The number of mortgage approvals hit a six-month high in December as falling mortgage pricing and renewed buyer confidence “breathed new...

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

Average house prices fell annually for the second consecutive month during October, Land Registry figures show. The data may only reflect activity...

Houses prices stopped falling on a monthly basis for the first time since in six months during October but are still...

Property sales and mortgage approvals both fell annually in August, official data shows. Figures from HMRC show UK residential transactions were down...

House prices fell at their fastest rate since July 2009 last month, according to Nationwide.  The lender’s latest House Price Index shows...

Propertymark says that sellers who strive to find a “middle ground” in today’s difficult market can still turn a healthy profit...

House prices are falling at their fastest rate in 12 years, dropping £7,500 on average over the past 12 months, according...

The value of mortgage lending has slumped to its lowest level since the second quarter of 2020, Bank of England data...

Property sales slowed annually during March but appear to have bounced back on a monthly basis, according to HMRC estimates. It follows...

Estate agents have expressed hope that the latest interest rate rise is the last after the Bank of England increased the...

The ‘fizz’ has left the market, an industry veteran has claimed after the Nationwide House Price Index revealed a second consecutive...

Agents sold 14.7% fewer properties during 2022 amid the end of the Stamp Duty holiday and increased economic uncertainty, HMRC figures...

New Land Registry data is set to kick-off the debate about whether house prices have started to fall. Plenty of commentators are...

Mortgage approvals for home purchase hit their lowest level since June 2020 during November, the latest Bank of England data has...

House prices fell for the fourth consecutive month in December, the worst run since 2008, according to Nationwide. The lender’s final House...

New mortgage lending data from the Bank of England has indicated a slowdown in property market activity during October but agents...

Chancellor Jeremy Hunt will have a go at balancing the nation’s books today and the main thing agents seem to want...

Estate agents could face new transaction delays after the Land Registry and its Scottish equivalent were among Government departments and civil...

The Bank of England has prompted new warnings of a housing market slowdown after revealing a ‘significant decrease’ in mortgage approvals...

UK property sales fell by around a third last month and were flat on a monthly basis, new figures show. HMRC’s latest...

The Bank of England increased interest rates to their highest level since the financial crisis yesterday, prompting fears of higher cost...

July was the most active month for home sales so far this year but agents acknowledge that a slowdown is coming. The...

Being an estate agent can be sweat-inducing at the best of times but property professionals intend to keep going through the...

The housing market appears almost as stubborn as now caretaker Prime Minister Boris Johnson as it continues to defy predictions of...

Long-term 50-year mortgages that can be passed on by parents to their children appear to be the latest idea from the...

The number of property transactions continues to rise despite the cost of living crisis and remain higher than pre-pandemic levels, HMRC...

Property professionals and MPs were left wanting more after Prime Minister Boris Johnson’s much-anticipated housing announcements yesterday. Johnson yesterday promised a review...

The balance of power in the property market may be shifting back to buyers. It comes as Halifax data showed annual house...

A significant housing announcement has been promised by Prime Minister Boris Johnson as a part of a sweetener that saw him...

Agents have heralded the beginning of the house price slowdown. The latest Land Registry House Price Index yesterday showed values increased by...

Agents have pledged to keep a close eye on planning reforms amid a proposed overhaul announced in the Queen’s Speech yesterday. Prince...

The property market is bracing for the start of the slowdown in the rate of house price growth.  The Halifax House Price...

Buyers are being urged to act now to secure decent mortgage pricing as interest rates hit a 13-year high yesterday. The Bank...

The property industry is fortunate in including many great people, doing great work across a range of businesses – from traditional agency...

One of the country’s leading estate agents has played down the significance of the latest house price index which at first...

The industry has reacted to the Spring Statement by breathing a sigh of relief that nothing was likely to cause damage...

House sales in February were around a fifth lower than the same month in 2021, according to HM Revenue and Customs...

This week, you will have all seen the sad news that Graham Norwood is stepping down as editor of Estate Agent...

The founder of fledgling portal Boomin says the latest Nationwide house price index findings demonstrate that there’s no sign yet of...

The latest house price data from the Halifax shows another absolute record but with a sharply reduced monthly rise indicating a...

Boomin chief executive Michael Bruce wants government action to help save the housing market as the cost of living crisis grows.  Following...

The level of house price growth is at a 17 year high at 11.2 per cent according to the Nationwide. The annual...

The latest figures for mortgage approvals show demand as being relatively unchanged - a development welcomed by agents. House purchase mortgage approvals...

The surge in Omicron cases and possible future restrictions are set to hit the housing market in 2022 - and may...

House prices in the UK have ended the year of yet another record high. The Nationwide says annual house price growth increased...

The prospect of higher mortgage interest rates mean the housing market may get tougher soon despite another set of upbeat house...

Annual house price growth increased to 8.1 per cent in October according to the Halifax.  The average UK property price is now...

The Bank of England’s monetary policy committee has defied expectations by keeping base rate at its historic low of 0.1 per...

The average price of a house in the UK has hit £250,000 for the first time as the  market shows no...

The Budget has proven more generous than many expected - and with most property taxation left unchanged. Chancellor Rishi Sunak has made...

House prices rose by the most in almost 15 years in September ahead of the end of the stamp duty holiday.  The...

House prices rose by just 0.1 per cent in September - but they are still increasing by 10 per cent a...

The lifestyle changes triggered by the pandemic are likely to have a lasting effect on the housing market, pushing property prices permanently...

The first house price index for August suggests they rose 2.1 per cent in just a month - despite forecasts that the...

Mortgage approvals declined over the last month as the tapering stamp duty holiday deterred home purchases, according to data from the...

House sales slumped nearly two thirds last month as the main deadline for the stamp duty holiday passed.  HM Revenue and Customs...

Average house prices increased by 13.2 per cent over the year to June - the highest annual growth rate since November...

Two prominent estate agencies are amongst those piloting a new financial product that allows aspiring buyers to purchase property with just...

House prices in July rose after falling in June, according to the Halifax. They were 0.4 per cent higher than in June,...

Annual house price growth remains above 10 per cent despite a small monthly dip in July according to the Nationwide. A 0.5...

A new service launched over the weekend, proposing to charge buyers £30 for a “guaranteed” viewing, has split opinions amongst estate...

HM Revenue & Customs has warned of what it calls the “negative impacts” of the pandemic on the latest property transactions...

A leading agent says the supply of homes coming to the market is still insufficient to match demand. London estate agent Jeremy...

The Halifax is reporting a 0.5 per cent monthly drop in house prices, plus a fall in the annual rate from...

Average house prices in the year to the end of April increased by 8.9 per cent according to the government’s Office...

The editor of the legal publication the Law Gazette has taken an estate agent to task for daring to suggest that...

House prices have soared 10.9 per cent in the past year - the highest level since 2014 - according to the...

An anonymous conveyancer has admitted increasing fees to deter buyers and sellers in the frenzied housing market during the stamp duty...

One of the country’s leading estate agents claims some solicitors are charging exorbitant fees on transactions as they near the latest...

Increasing optimism at the success of the Coronavirus vaccine programme and the relaxation of restrictions have contributed to house prices rising...

Mortgage lending has shown the biggest net increase on record according to the Bank of England.  Mortgage borrowing in March rose by...

House prices are 7.1 per cent above their level a year ago as the boom continues. The latest house price index, from...

The average UK house price has risen 8.6 per cent - that’s typically £20,000 - in the past year. This is the...

The Chancellor’s decision to extend the stamp duty holiday has “put a spring in the step" of the housing market according...

Annual house price growth remains strong but it has slowed significantly according to the Nationwide. Prices dropped 0.2 per cent on average...

Bank of England figures reveal that in February there were 87,700 mortgage approvals - down from a peak of 103,700 in...

Another house price index shows a super-charged housing market with prices rising 7.5 per cent in the year to January according...

Residential transactions totalled 147,050 last month according to HMRC - that’s 23 per cent higher than the previous month and an...

The latest house price index from the Halifax suggests the market has softened ahead of the original scheduled end of the stamp...

A surge in demand from buyers, even those unlikely to benefit from the stamp duty holiday, offers hope for the market...

Mortgage approvals declined slightly in January as the market braces itself for the end of the stamp duty holiday - currently...

A leading agent says the worst thing that could happen with Wednesday’s Budget is if the Chancellor does not deliver on...

Members of Propertymark are left wondering today what if any future there is for the industry’s trade body. The shock resignation yesterday...

House price growth is running out of steam ahead of the stamp duty holiday cliff-edge. That’s the suggestion from the Halifax; its latest...

Estate agents have kept up the pressure on the Westminster government to consider some kind of tapered ending to the stamp...

Mortgage approvals decreased slightly in December but remain well above pre-Covid levels thanks to the continuing incentive of the stamp duty...

The average UK house price is now a record £253,374 according to the Halifax - but the rate of growth is...

Just a week ago, I thought it was all over. Christmas and New Year had gone, as had the passionate calls...

There’s growing optimism that an extension to the stamp duty holiday - thought to be off the agenda just days ago...

Agents have been outlining how they have beefed up their measures to combat the risk of Coronavirus, especially during property viewings. “We...

New figures from the Bank of England show that mortgage approvals rose 7.0 per cent in November to reach 105,000 -...

House prices surged in December to post their fastest growth in six years, according to the Nationwide.  Prices rose 7.3 per cent...