Prime Minister Keir Starmer has warned this October’s Budget will be “painful.” Speaking as MPs return to Parliament next Monday, he warned...
Archive
Fewer than 50,000 mortgages have been completed with the support of the Mortgage Guarantee Scheme, official figures show. The scheme was launched...
22 August 2024
From: Breaking News
The number of mortgage approvals for house purchase fell for the third consecutive month in June but property professionals remain optimistic...
30 July 2024
From: Breaking News
House prices dipped on a monthly basis during March but annual growth improved, Nationwide data shows. The latest Nationwide House Price Index...
03 April 2024
From: Breaking News
The number of mortgage approvals hit a six-month high in December as falling mortgage pricing and renewed buyer confidence “breathed new...
31 January 2024
From: Breaking News
Inflation rose unexpectedly in the 12 months to December 2023, Office for National Statistics (ONS) data has revealed. The latest ONS figures...
18 January 2024
From: Breaking News
Inflation fell to its lowest level in two years during November, raising hopes that interest rate cuts and lower mortgage pricing...
21 December 2023
From: Breaking News
House prices are set to fall further next year, two major lenders claim. The house prices indices of Halifax and Nationwide have...
18 December 2023
From: Breaking News
The value of gross mortgage advances increased during the third quarter but future lending commitments have dropped, Bank of England data...
13 December 2023
From: Breaking News
The number of mortgage approvals for house purchase has hit a three-month high, Bank of England data shows. Figures from the Bank...
30 November 2023
From: Breaking News
Mortgage arrears and claims for repossession are on the rise as official data shows how much homeowners are still struggling in...
10 November 2023
From: Breaking News
The number of mortgage approvals for home purchase hit an eight-month low during September, Bank of England data shows. Mortgage data from...
31 October 2023
From: Breaking News
House price growth fell to its lowest annual rate since 2012 in August, official data shows. The latest Land Registry House Price...
19 October 2023
From: Breaking News
It is just over one year since former Prime Minister Liz Truss and Chancellor Kwasi Kwarteng’s ill-fated mini-Budget and homeowners and...
25 September 2023
From: Breaking News
Alarm bells are ringing in the new build sales sector after figures have been released by a major house builder. Bellway says...
10 August 2023
From: Breaking News
House prices dipped at their fastest rate since 2009 last month, new data shows. The latest Nationwide House Price Index revealed average...
02 August 2023
From: Breaking News
HMRC has recorded the lowest level of UK property sales for the month of June since 2020. The latest property transaction data...
31 July 2023
From: Breaking News
Only the top 10% of income earners can afford an average house with less than five years of income in England,...
28 July 2023
From: Breaking News
The number of people taking out mortgages with terms of 35 years or more hit a high of 88,059 in 2022,...
25 July 2023
From: Breaking News
A mortgage expert has expressed concern about the level of borrowers still taking out high loan-to-value government-backed home loans despite falling...
19 July 2023
From: Breaking News
Almost half of adults who currently pay rent or a mortgage have seen their payments increase over the past six months...
17 July 2023
From: Breaking News
The average rate for a two-year fixed rate mortgage has passed the “devilish” 6.66% point, figures show. Moneyfacts yesterday revealed the average...
12 July 2023
From: Breaking News
Chancellor Jeremy Hunt has secured promises from banks to be more flexible with mortgage borrowers amid concerns about rising rates. Average mortgage...
26 June 2023
From: Breaking News
The value of mortgage lending has slumped to its lowest level since the second quarter of 2020, Bank of England data...
14 June 2023
From: Breaking News
Great story this week about the estate agent in St John’s Wood who found a purse in the back of a...
27 May 2023
From: Features
Annual house price growth slowed for the fifth consecutive month during March and remains negative on a monthly basis, Land Registry...
25 May 2023
From: Breaking News
Mortgage approvals bounced back in March but buyers are borrowing less at higher rates. The latest Bank of England data has showed...
05 May 2023
From: Breaking News
Annual house price growth dropped for the fourth month in a row in February and dropped further into negative territory on...
20 April 2023
From: Breaking News
The level of mortgage approvals for home purchases bounced back in February, Bank of England figures show, but buyers are borrowing...
30 March 2023
From: Breaking News
Average house prices have declined by their largest level on a monthly basis since the end of the 2021 Stamp Duty...
23 March 2023
From: Breaking News
Sellers resistant to cutting asking prices may soon be left with little choice if the mortgage market remains depressed, a broker...
15 March 2023
From: Breaking News
Halifax has recorded the lowest level of annual house price growth for three years. Its latest House Price Index for January 2023...
08 February 2023
From: Breaking News
Property sales are yet to decline amid higher mortgage rates and the cost of living crisis but there are signs of...
22 December 2022
From: Breaking News
The end of last year’s Stamp Duty holiday has given a temporary boost to house price data for October 2022. The latest...
15 December 2022
From: Breaking News
Home repossessions have begun to rise but remain below pre-Covid levels, Government figures show. The number of mortgage possession claims increased by...
11 November 2022
From: Breaking News
The Bank of England has prompted new warnings of a housing market slowdown after revealing a ‘significant decrease’ in mortgage approvals...
01 November 2022
From: Breaking News
A third of adults are struggling to pay their monthly rent or mortgage payments, new data shows. The figures from the Office...
26 October 2022
From: Breaking News
Annual house price growth returned to double digits in July, Land Registry data reveals. The figures will reignite the debate over the...
15 September 2022
From: Breaking News
Annual house price growth has dropped to its lowest level this year and is back to single digits, official data shows. The...
18 August 2022
From: Breaking News
The Bank of England has confirmed plans to withdraw the requirement for lenders to conduct interest rate stress tests on mortgage...
21 June 2022
From: Breaking News
The Bank of England raised interest rates for the fifth consecutive month yesterday. The cost of borrowing is now at a 13-year...
17 June 2022
From: Breaking News
Rising house prices boosted HMRC’s coffers during the previous tax year. Analysts suggest the booming housing market has meant HMRC has attracted...
27 April 2022
From: Breaking News
House price growth hit a five-month high in February, according to Land Registry data but there are warnings that this will...
14 April 2022
From: Breaking News
The stamp duty holiday last year has caused a surge of borrowers taking on mortgages with terms of more than 35...
14 April 2022
From: Breaking News
Despite the latest Halifax house price index showing a 10.8 per cent annual rise, a leading housing market analyst is warning...
08 March 2022
From: Breaking News
Stamp duty statistics show that the introduction of a two per cent surcharge on residential properties by overseas buyers, means HM...
10 February 2022
From: Breaking News
Government data shows the average UK house price increasing by 10 per cent on an annual basis in November. On a monthly...
20 January 2022
From: Breaking News
Increasing numbers of commentators are forecasting that the Bank of England will not, after all, raise the base rate next week. It...
08 December 2021
From: Breaking News
I recently took part in a webinar hosted by ICG (The Innovation Collaboration Group) – titled ‘New estate agency revenue streams...
07 October 2021
From: Breaking News
A leading market commentator is warning that transactions and prices will fall without the stimulus of the stamp duty holiday. Karen Noye,...