Archive

HSBC UK has joined forces with the Open Property Data Association (OPDA) to help improve the homebuying process through the sharing...

More than half of mortgaged first-time buyers received support from the Bank of Mum and Dad in 2023, the highest proportion...

Increasing numbers of homebuyers are taking out bridging loans to prevent a chain from collapsing. The latest Bridging Trends industry report shows...

A new study by Barclays Bank suggests that despite most Brits either owning a home or aspiring to be future homeowners,...

Price growth has been put on hold at the top of the market during the second quarter of 2024 given uncertainty...

Residential sales have returned to more than 90% of their pre-pandemic average, Savills claims. It comes as the latest HMRC property transaction...

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

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

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

Zoopla has kicked off an eight week marketing campaign to fend off the threat of OnTheMarket and to capitalise on the...

April 22nd marked ‘Earth Day’, yet it seemed to pass relatively unnoticed within the mortgage market. While the market was once abuzz...

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

The number of new sellers coming to the market is up by 12% compared to this time a year ago, and...

The majority of buyers and sellers in the prime housing market will not be deterred by the upcoming General Election, according...

Prime central London (PCL) property values flattened out during the first quarter of 2024 after six consecutive quarterly falls, figures suggest. Analysts...

Average asking prices have increased at their highest rate for 10 months during March but the property market remains sensitive, Rightmove...

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

In 1999 (yep) I set up some websites thinking I could generate leads from everyone in the world. I had an...

Building more homes is a better solution than mortgage schemes to support first-time buyers, a Zoopla executive has claimed. Richard Donnell, executive...

Mortgage lenders are expecting a quieter year for home loans in 2024. Forecasts from banking trade body UK Finance suggest lending for...

The Bank of England maintained interest rates at 5.25% yesterday, raising hope among agents that this would boost buyer confidence and...

Rightmove’s entry into the mortgage market presents a threat to financial services leads, agents have been warned. The portal said in a...

The number of mortgage approvals for house purchase has hit a three-month high, Bank of England data shows. Figures from the Bank...

Rightmove is expecting more money from agents this year and is also looking to grab a slice of the mortgage market. A...

The UK’s housing market is past ‘peak pain’ and looks set to bottom out in mid-2024, according to Savills. The agency giant’s...

Simon Jackson is Managing Director of SDL Surveying If we look at the latest data, it looks like there is something of...

The Bank of England has held off on further interest rate rises for now but agents warn that there is still...

Funny how time flies faster as you get older and I’m reminded that next week, (23rd September, to be precise) it...

Mortgage borrowers now have the greatest choice of home loan products since February 2022, Moneyfacts data suggests. It is a boost for...

Home-movers are set for a period of stability in the mortgage market, Rightmove claims. The portal’s latest mortgage tracker found average mortgage...

The publication of inflation figures by the government tomorrow will be a Do-Or-Die moment for the housing market, it’s been claimed. At...

The average rate for a two-year fixed rate mortgage has passed the “devilish” 6.66% point, figures show. Moneyfacts yesterday revealed the average...

The Labour Party has announced it will be hosting an emergency mortgage summit this week. The summit, happening in London tomorrow, is...

OnTheMarket has admitted to shareholders that the cancellation of agent contracts has been “higher than expected”. In results from the company issued...

The majority of mortgage lenders have committed to showing more flexibility to struggling borrowers but the Government has confirmed that support...

Asking prices have fallen on a monthly basis at this time of year for the first time since June 2017 as...

The National Association of Property Buyers’ Jonathan Rolande gives his take on a manic week for the property market. I dearly hope I...

An artificial intelligence-powered property due diligence platform that is popular in the commercial market has raised £7.5m to help expand into...

In simple terms, as you are probably aware, ‘lenders’ are the organisations who loan you something, in this case money to...

Property professionals have given their backing to new guidance on cladding. A webinar poll by Countrywide Surveying Services (CSS) has revealed that...

LSL Property Services’ share price dipped yesterday after posting an operating loss in its 2022 annual accounts. Its results showed a group...

Mortgage lenders are ‘actively competing’ for home buyers, Rightmove claims. The portal’s mortgage expert has predicted that mortgage rates will remain flat...

The property market is broken, Housing Secretary Michael Gove acknowledged yesterday. Despite the Conservative Party being in power since 2010, Gove insisted...

Average house prices have declined by their largest level on a monthly basis since the end of the 2021 Stamp Duty...

A more competitive mortgage market may actually dampen hopes of a downsizing boom, an agent has predicted. Many property professionals last year...

Sellers resistant to cutting asking prices may soon be left with little choice if the mortgage market remains depressed, a broker...

It was a busy 2022 for the so-called Bank of Mum and Dad and 2023 could be more manic for parents,...

The financial regulator has revised its own data on how many mortgage borrowers may face repayment difficulties as it calls on...

The property market has been warned to expect fewer sales and more expensive mortgages after interest rates were raised for the...

Lenders approved the lowest number of mortgages since May 2020 in December. The latest Bank of England data shows mortgage approvals for...

The return of commuters and international buyers has seen buyer demand return to 2019 levels, a major London agent claims. Dominic Agace,...

Happy New Year, to you all. Now that we’re all back in harness and Christmas feels like a long-distant memory, I...

Challenger portal and homebuying support platform OneDome has acquired broker CMME Mortgage and Protection from the private equity-backed CMME Group. CMME Mortgage...

Consumer demand for auction can no longer be ignored. Month after month this alternative method of sale sees increased uptake as...

New year, old worries: what’s happening in the housing market? We’ve asked experts and collated forecasts, 15 in total. On the one...

A fifth of potential borrowers have had their mortgage application rejected over the past 12 months – hitting their hopes of...

The cost of living crisis and rising interest rates will lead to a decline in property transactions and mortgage lending next...

Is it really just a year ago that we were nervously wondering whether yet another Christmas would be Covid-affected? Little did we...

A report earlier this month warned that conveyancing firms should stress test their businesses for a sharp decline in work volumes. These businesses...

The Mortgage Advice Bureau (MAB) has written off its investment in collapsed challenger portal Boomin. The broker entered a strategic relationship with,...

The housing market isn’t definitely facing a 2008-style cliff-edge moment, Knight Frank claims. New commentary from the agent has asked if October’s weak...

In this guest feature, Ben Bailey, CCO at Even, a mortgage lender for first-time buyers launched this year, provides commentary on the end...

Agency stock has hit the highest level so far this year but it seems to coincide with a decline in demand...

The majority of homebuyers and sellers remain ‘undeterred from their endeavours to tackle the housing market’, despite the turbulence of the...

As I watched Liz Truss take to the stage at this week’s Conservative Party conference, my eyes were drawn to the sign behind her. “Getting Britain...

Private Banker Finance has been named as the latest sponsor for the ESTAS Awards. The brand, which specialises in high-end mortgages -...

The fallout from Chancellor Kwasi Kwarteng’s mini-Budget, which has spooked the markets and caused the pound to fall to record lows,...

The Bank of England is being urged by property professionals to avoid further interest rate hikes this week. The Bank’s Monetary Policy...

A new lender is preparing to enter the mortgage market with long-dated fixed rate mortgages in a move seen by some...

The auction industry could end up taking advantage of the upcoming downturn in the property market, because it provides the quickest...

Research over recent years has regularly pointed to the Bank of Mum & Dad being one of the UK’s biggest lenders,...

A group of mortgage advisers has proposed a range of reforms to reduce barriers to home ownership for first time buyers. The...

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

Boris Johnson has promised a review of the mortgage market and housing benefit rules to help more people to get on...

Prime Minister Boris Johnson is expected to unveil a flagship policy today to help more people onto the property ladder. It is...

The government is being urged to expand and make the Treasury’s mortgage guarantee scheme permanent and compulsory on home loans above...

Increasingly cautious mortgage lending could dampen the property market and cause more sales to fall-through, it has been warned. Recent house price...

Mortgage search platform Twenty7Tec is predicting there could be one million searches for home loans this month. The technology company, which lets...

It’s not an easy time for many renters (and homeowners). The cost of living is going up across the board for...

The LSL Property Services group - which is increasingly focussing activities in the mortgage and personal finance world - has issued...

There’s been a marked reduction in mortgage product availability for a second consecutive month.  Independent mortgage market monitor Moneyfacts says there are...

After a long period of improvement in the level of product choice for borrowers, February has seen mortgage availability fall for the...

Mortgage lenders serving the housing market are set for a quieter 2022 after the unprecedented levels of activity seen in 2021,...

Lenders’ umbrella group UK Finance has given its housing and mortgage market forecasts for 2022 and 2023 together, plus a year-end report for 2021. It estimates...

Figures from the Building Societies Association show continued momentum in the housing market, with gross lending by building societies up 22...

The value of mortgage lending hit a record high in the final months of the stamp duty holiday. Figures from the Bank...

House prices in Wales - where the equivalent of the stamp duty holiday has fully ended - rose to a new...

The signs are that even with the stamp duty holiday tapering to a close at the end of the summer, the...

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

Veteran agent and property consultant Dominic Grace, who recently left Savills after 37 years, is to take up a new role...

Who are you and what does it say on your business card? Matt Ratliff, Chief Technology Officer of Sort Group. How has your...

There are now more mortgage products available than at any time since the start of the pandemic in March 2021. Data from...

In recent years, the property market has been taking steps to become more digital – with HM Land Registry leading the...

Britain’s second largest estate agency has outlined radical new plans to shift direction, making financial services and not sales or rentals...

The Property Franchise Group and LSL Property Services are linking up mortgage and related activity. This agreement means that LSL will be...

LSL Property Services is to set up a mortgage brokerage called Pivotal Growth. The new brokerage - set up with Pollen Street...

For many, the funeral of HRH Prince Philip will be a solemn affair, while for some it will also be a...

The latest Moneyfacts monitor of the mortgage market suggests a significant number of new 95 per cent products - even without the...

First time buyers with just a 10 per cent deposit - for long almost excluded from the mortgage market - now...

LSL, owner of Reeds Rains and Your Move, is boosting its financial services sector through a £2.4m acquisition. It’s snapped up Mortgage...