Archive

Lower mortgage rates have slowed the exodus of first-time buyers from London ,research suggests. Analysis by Hamptons for the first half of...

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

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

A lack of new investment rather than landlords selling-up is causing rental market supply issues, research suggests. The latest Hamptons Lettings Index...

A global payments issues that could have hit home sales has now been resolved, the Bank of England has confirmed. A statement...

The UK sales and lettings markets are in a state of flux, but an upcoming webinar from Reapit, the leading technology...

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

The average first-time buyer mortgage payment has risen by 61% since the previous election year of 2019, research suggests. Analysis by Rightmove...

The announcement by the Bank Of England that interest rates will remain fixed at 5.25% for the seventh month in a...

The Liberal Democrat General Election manifesto has been published, promising more housebuilding, abolishing leasehold tenures and its own buyer support scheme. Its...

Major lenders including Barclays, HSBC, and TSB have reduced their interest rates on new fixed mortgages, offering a glimmer of hope...

High interest rates, slow price growth and more stringent tax rules have eroded Buy-to-Let’s (BTL) charm for a number of landlords,...

It is now 8% cheaper to buy a property than to rent in the same area even despite higher mortgage rates,...

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

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

There’s been a significant rise in the number of so-called Suspicious Activity Reports concerning money laundering and the agency industry. Suspicious Activity...

A specialist lender is reintroducing a suite of mortgage products aimed at what it call “overlooked customers”. It turns out these are...

Higher mortgage rates are a drag on house price growth says Zoopla - and it’s produced startling figures to prove it. The...

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

The cost of housing continues to be a major concern to the majority of adults in the UK, according to the...

Last weekend a story by The Sunday Times’ Deputy Political Editor indicated that the Government is proposing implementing a £250 cap...

You don’t have to simply accept things as they are when it comes to managing your client accounts. If your bank...

The Competition and Markets Authority (CMA) has secured agreements from eight freeholders to remove “problematic ground rent” terms from leases. The competition...

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

The Government’s proposal to introduce a new 1% deposit mortgage scheme to help young people onto the property ladder is unworkable...

Every year the media writes a lot about house price crashes, and often pose the question whether this is the year...

Last weekend, Levelling Up and Housing Secretary, Michael Gove wrote in the Sunday Times that the nation’s housing crisis was so...

Let's be honest – landlords are the lifeblood of any letting agency. Winning and keeping their business keeps the wheels turning...

Average house prices rose between December and January but a rapid rebound is unlikely, Nationwide has warned. The latest Nationwide House Price...

It usually takes a scandal or a reshuffle to remove a Government minister so it came as a bit of a...

The emergence of the Digital property market represents the most profound shift for the industry itself since the advent of the...

The Labour Party has proposed introducing 25-year fixed term mortgages should it win the next General Election. Shadow chancellor Rachel Reeves suggested...

Propertymark is hosting two important webinars this week to keep agents informed of important industry regulations. The agency trade body is hosting...

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

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

As 2023 trundles towards the buffers and we look forward to our Christmas break, it is something of a seasonal phenomenon...

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

The recent cyber attack on CTS left around 80 conveyancing firms across the country commercially paralysed as the harm to their...

So Christmas is coming – soon. Traditionally a time for reflection on what’s past and prediction on what’s to come. Last week...

Household finances remain stretched and the full impact of higher interest rates and mortgage pricing has yet to fully hit the...

HMRC recorded the slowest October for property sales since 2021 last month. The latest property transaction figures from the taxman estimates that...

It wasn’t exactly a champagne statement. More like Prosecco.  But, nevertheless, there are reasons to be cheerful in the wake of Jeremy...

When Chancellor Jeremy Hunt gets to his feet on Wednesday to deliver his Autumn Statement, he should consider offering support to...

The role of a residential landlord has changed considerably over the years. What was once a relatively straightforward means of generating...

Mortgage arrears and claims for repossession are on the rise as official data shows how much homeowners are still struggling in...

In this interview, Riccardo Dawson, Chief Operating Officer at Alto and Chris Hutchinson, CEO of Canopy discuss the benefits of their...

By Jashoda Pindoria, Head of Self Assessment Operations, HMRC Self Assessment need not be daunting with HMRC’s simple steps on getting started....

A client account is essential to your lettings business, but the rules and regulations you need to follow to keep this...

As the UK economy faces a period of uncertainty characterised by a cost of living crisis and soaring inflation rates, many...

Inheritance Tax receipts for April to September 2023 have soared to £3.9 billion, some £0.4 billion higher than the same period...

After a steady increase in mortgage rates, concerns about house prices have been rising too. The Financial Times reported in mid...

The “ticking time bomb” of Help to Buy repayments could be set to explode due to the cost of living crisis,...

One in four mortgages lent to those under 30 now have a term of 35 years or more, new research suggests. This...

Buyers and sellers are still factoring energy efficiency into property valuations despite Prime Minister Rishi Sunak rolling back net-zero reforms. Analysis by...

It is just over one year since former Prime Minister Liz Truss and Chancellor Kwasi Kwarteng’s ill-fated mini-Budget and homeowners and...

To help or not to help: that is the question the government is facing with regard to under-pressure private rented sector...

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

The roll out of ULEZ has been one of the big stories of the week. The new zones will have implications...

An estate agency with a major new homes department claims new build sales are proving more resilient than the mainstream market. Leaders...

Higher mortgage rates have replaced the 'race for space' as the primary reason for buying outside of London this year, research...

House prices dipped at their fastest rate since 2009 last month, new data shows. The latest Nationwide House Price Index revealed average...

Landlords considering selling up are being urged to lease their homes to a trust catering for homeless people instead. With fears that...

The number of people taking out mortgages with terms of 35 years or more hit a high of 88,059 in 2022,...

Almost half of adults who currently pay rent or a mortgage have seen their payments increase over the past six months...

Mortgage borrowers are facing higher costs but banks are ‘resilient enough’ to withstand a 30% fall in house prices, the Bank...

Auctions are increasingly moving online but firms are becoming concerned about chasing payments from buyers after the hammer falls. Research among members...

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

The long-awaited Renters Reform Bill was finally introduced in Parliament in May, but is it really good news for tenants? Several...

The OneDome Group has launched a competition to pay a mortgage borrower’s home loan for a year - and agents are...

Shadow Chancellor Rachel Reeves has been criticised for figures she used when highlighting how much mortgage borrowers are set to see...

Annual house price growth remained negative in June as mortgage rates hit buyer budgets but there is still a chance of...

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

Parents are compromising their own financial situation to help their children cope with the cost of living crisis, research shows. The latest...

The hit to the economy from soaring mortgage rates will be equivalent to a 2p income tax hike, new analysis by...

The National Association of Property Buyers’ Jonathan Rolande gives his take on a manic week for the property market. This is the week when...

From valuations to viewings, conveyancing to completions, technology has transformed our sector dramatically and permanently. After comparatively slow beginnings, PropTech really took...

Homeowners face paying an extra £3,000 for their mortgage next year, new research suggests. Analysis from the Resolution Foundation thintank suggests that...

MPs have urged Prime Minister Rishi Sunak to hold an emergency summit in Downing Street with banks and mortgage lenders to...

Almost 400,000 borrowers on low-rate mortgage deals are in for a shock when their products expire this year, Equifax has warned. Analysis...

A strong labour market, growing consumer confidence and an increasing acceptance of a higher mortgage rate environment will support the housing...

It’s no secret – 2023 is a difficult year for the property industry. While rising rents should lead to increased income...

Landmark Information Group has partnered with payment processor Shieldpay. The partnership aims to provide faster and more transparent conveyancing payments. Shieldpay’s digital platform,...

The chief executive of the Building Societies Association is warning that mortgage lending - already down on last year - is...

New analysis from Rightmove claims to reveal the cheapest UK city for a first time buyers to get on the property...

The Government is backing a new trial to give homeowners who make their properties more energy efficient a mortgage rate cut. Perenna...

Skipton Building Society has unveiled details of the first 100% loan-to-value mortgage launched since the 2008 financial crisis. Aimed at renters, the...

100% mortgages are rumoured to be making a comeback. The products were blamed as a cause for the 2008 financial crash, with...

Letting agents are between a rock and a hard place when it comes to opening a client account and getting Client...

Mortgage approvals bounced back in March but buyers are borrowing less at higher rates. The latest Bank of England data has showed...

The Bank of England last week announced the completion of Project Meridian, a digital synchronised settlement prototype that aims to digitise...

Higher energy costs and rising interest rates are leading to a surge in the number of homeowners looking to downsize, a...

Eight agents were excluded from The Property Ombudsman (TPO) scheme during the first quarter of 2023 including collapsed online brand Doorsteps for...

Home-movers are being warned to be on alert for ‘Friday afternoon fraud,’ which experts claim is becoming more common since the...

Agents have begun reporting concerns that Barclays has suspended access to their business bank accounts. Vijay Vashistha, co-founder of online agent 99home,...

I’ve found myself in contemplative mode this week, looking forward to the future and remembering times past. In the immediate future –...

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

More than a tenth of homeowners expect to delay buying or selling a home this year due to the cost of...

Companies that own UK residential properties have under a month to revalue and tell HMRC if any are worth more than...

ANY REPOSSESSION is a tragedy for the person involved, and latest figures indicate the number of victims falling victim is currently...

Annual house price growth has fallen for the first time since June 2020 and is now at its weakest level since...