Lower mortgage rates have slowed the exodus of first-time buyers from London ,research suggests. Analysis by Hamptons for the first half of...
Archive
A new study by Barclays Bank suggests that despite most Brits either owning a home or aspiring to be future homeowners,...
08 August 2024
From: Breaking News
Average UK house prices are 8% overvalued but this figure could fall once mortgage rates hopefully drop, Zoopla claims. The portal’s latest...
28 June 2024
From: Breaking News
The announcement by the Bank Of England that interest rates will remain fixed at 5.25% for the seventh month in a...
24 June 2024
From: Breaking News
Major lenders including Barclays, HSBC, and TSB have reduced their interest rates on new fixed mortgages, offering a glimmer of hope...
08 June 2024
From: Features
It is now 8% cheaper to buy a property than to rent in the same area even despite higher mortgage rates,...
17 May 2024
From: Breaking News
Higher mortgage rates are a drag on house price growth says Zoopla - and it’s produced startling figures to prove it. The...
29 April 2024
From: Breaking News
UK house prices may be broadly static but sales volumes are up 12% year on year according to Zoopla data out...
29 April 2024
From: Breaking News
The Government’s proposal to introduce a new 1% deposit mortgage scheme to help young people onto the property ladder is unworkable...
24 February 2024
From: Features
It usually takes a scandal or a reshuffle to remove a Government minister so it came as a bit of a...
31 January 2024
From: Breaking News
The Labour Party has proposed introducing 25-year fixed term mortgages should it win the next General Election. Shadow chancellor Rachel Reeves suggested...
15 January 2024
From: Breaking News
So Christmas is coming – soon. Traditionally a time for reflection on what’s past and prediction on what’s to come. Last week...
09 December 2023
From: Features
Household finances remain stretched and the full impact of higher interest rates and mortgage pricing has yet to fully hit the...
07 December 2023
From: Breaking News
HMRC recorded the slowest October for property sales since 2021 last month. The latest property transaction figures from the taxman estimates that...
01 December 2023
From: Breaking News
The “ticking time bomb” of Help to Buy repayments could be set to explode due to the cost of living crisis,...
06 October 2023
From: Breaking News
One in four mortgages lent to those under 30 now have a term of 35 years or more, new research suggests. This...
04 October 2023
From: Breaking News
Buyers and sellers are still factoring energy efficiency into property valuations despite Prime Minister Rishi Sunak rolling back net-zero reforms. Analysis by...
27 September 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
To help or not to help: that is the question the government is facing with regard to under-pressure private rented sector...
16 September 2023
From: Features
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
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
Mortgage borrowers are facing higher costs but banks are ‘resilient enough’ to withstand a 30% fall in house prices, the Bank...
13 July 2023
From: Breaking News
The majority of mortgage lenders have committed to showing more flexibility to struggling borrowers but the Government has confirmed that support...
27 June 2023
From: Breaking News
The hit to the economy from soaring mortgage rates will be equivalent to a 2p income tax hike, new analysis by...
27 June 2023
From: Breaking News
The National Association of Property Buyers’ Jonathan Rolande gives his take on a manic week for the property market. This is the week when...
23 June 2023
From: Breaking News
Homeowners face paying an extra £3,000 for their mortgage next year, new research suggests. Analysis from the Resolution Foundation thintank suggests that...
19 June 2023
From: Breaking News
MPs have urged Prime Minister Rishi Sunak to hold an emergency summit in Downing Street with banks and mortgage lenders to...
15 June 2023
From: Breaking News
Almost 400,000 borrowers on low-rate mortgage deals are in for a shock when their products expire this year, Equifax has warned. Analysis...
13 June 2023
From: Breaking News
A strong labour market, growing consumer confidence and an increasing acceptance of a higher mortgage rate environment will support the housing...
13 June 2023
From: Breaking News
The Government is backing a new trial to give homeowners who make their properties more energy efficient a mortgage rate cut. Perenna...
22 May 2023
From: Breaking News
100% mortgages are rumoured to be making a comeback. The products were blamed as a cause for the 2008 financial crash, with...
09 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
The financial regulator has revised its own data on how many mortgage borrowers may face repayment difficulties as it calls on...
10 March 2023
From: Breaking News
More than a tenth of homeowners expect to delay buying or selling a home this year due to the cost of...
07 March 2023
From: Breaking News
It seems as if optimism is out of fashion right now: just look at the headlines to see what I mean....
03 February 2023
From: Breaking News
The proportion of take-home pay that first-time buyers are having to put towards mortgage repayments is returning to levels last seen...
13 January 2023
From: Breaking News
The “great recalculation” of the property market will take at least six months to show, Knight Frank claims. Tom Bill, head of...
23 December 2022
From: Breaking News
Homeowners are starting to consider solutions to deal with their rising monthly mortgage costs including downsizing, research claims. A survey of more...
22 December 2022
From: Breaking News
The Bank of England increased interest rates from 3% to 3.5% yesterday, potentially pushing up costs for those looking to purchase property...
16 December 2022
From: Breaking News
Increasing numbers of property buyers are now taking out mortgages with terms of more than 30 years, new figures show. The latest...
08 December 2022
From: Breaking News
One of the UK’s largest building societies is urging the government to provide more homebuying support as research warns of a...
11 November 2022
From: Breaking News
The Government is being urged to create a mortgage protection fund to support homeowners who are struggling with repayments. It comes as...
08 November 2022
From: Breaking News
The number of viewings per sale should be used as an indicator for the health of the housing market, a senior...
03 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
With UK interest rates on the rise, following the mini-Budget announcement (now since almost entirely reversed), and several lenders pulling mortgage...
22 October 2022
From: Features
The latest research from property consultancy Knight Frank has set out which areas of the UK have the largest proportion of...
19 October 2022
From: Breaking News
Leeds Building Society has pledged to honour any mortgage offers and support borrowers during this period of market uncertainty. It comes as...
17 October 2022
From: Breaking News
The share of homeowners struggling to repay their mortgages could hit the same peak levels of the 2008 financial crisis by...
13 October 2022
From: Breaking News
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...
08 October 2022
From: Features
A quarter of borrowers would be unable to afford their mortgage repayments if interest rates hit 5% but the threat of...
21 September 2022
From: Breaking News
The increased energy price cap could hit first-time buyers and the wider property market, new research suggests. It comes as households are...
31 August 2022
From: Breaking News
In this Guides & Tips piece, Brian Murphy, Head of Lending at Mortgage Advice Bureau, offers insight into what rate rises...
18 August 2022
From: Legislation & Compliance
Most of us can only dream of buying a prime home, and new research by a mortgage broker has reinforced this...
12 August 2022
From: Breaking News
In this Guides & Tips piece, the team at Together set out what Right to Buy is and who is eligible. If...
21 July 2022
From: Legislation & Compliance
There’s talk of 50-year mortgages being introduced, loans that, along with the property they finance, could be passed to the next...
09 July 2022
From: Features
Right now, one topic seems to be dominating talk in the industry. Everywhere I go people tend to quiz me about...
25 June 2022
From: Features
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
Property professionals and MPs were left wanting more after Prime Minister Boris Johnson’s much-anticipated housing announcements yesterday. Johnson yesterday promised a review...
10 June 2022
From: Breaking News
A lack of mortgage knowledge could be holding buyers back, research claims. A survey of more than 1,000 consumers by Nottingham Building...
18 May 2022
From: Breaking News
A rule change has been introduced this week in a bid to make equity release customers reduce interest costs. The option to...
30 March 2022
From: Breaking News
Earlier this month, the government’s energy regulator Ofgem announced a record 54 percent increase to the energy bill price cap. Combined...
23 March 2022
From: Features
The Building Societies Association’s regular confidence tracker about the housing market shows rising pessimism over interest rates, the escalating cost of...
18 March 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
Peta Milne, founder of Instagram growth and PR service Monimo, and a content writer at Choices Estate Agents, recently sat down...
05 March 2022
From: Features
Here’s the odd thing about interest rates - we all care about them, but they don’t directly affect that many people...
05 February 2022
From: Features
Without doubt, 2021 was an exceptional year in the property market, with the stamp duty holiday and favourable market conditions helping...
05 February 2022
From: Features
The Bank of England has increased the base rate from 0.25 per cent to 0.5 per cent. This means a typical tracker...
03 February 2022
From: Breaking News
As 2021 draws to a swift close, there is much speculation about what 2022 will have to offer. Despite the emergence of...
18 December 2021
From: Features
The Bank of England has raised interest rates for the first time in more than three years, in response to surging...
17 December 2021
From: Breaking News
It’s been a busy and arguably fruitful year for the property market, with an eager consumer base pushing forwards with their...
17 November 2021
From: Features
The Bank of England’s monetary policy committee has defied expectations by keeping base rate at its historic low of 0.1 per...
05 November 2021
From: Breaking News
Analysts suggest there is a 50:50 chance of a base rate rise being announced by the Bank of England’s Monetary Policy...
04 November 2021
From: Breaking News
New figures from HM Treasury have revealed that businesses, including a number of major agencies, have returned £1.3 billion in furlough...
22 September 2021
From: Breaking News
Many Britains are apparently under-estimating the impact of furlough on their ability to get a mortgage and buy a property. A new...
01 September 2021
From: Breaking News
A new analysis claims Help To Buy has improved building volumes and has not been a drain on taxpayers. The scheme which...
30 June 2021
From: Breaking News
The Competition and Markets Authority has struck a deal with house builders over leasehold abuses. Aviva has committed to remove certain terms...
23 June 2021
From: Breaking News
Some sellers are suffering cash flow issues as a result of glitches in the Capital Gains Tax reporting system, according to...
14 May 2021
From: Breaking News
The current crisis has led to many of us to re-evaluate our lives to ensure that we put ourselves in the...
06 May 2021
From: Sponsored Content
There’s a new warning that the estate agency industry may be in a more fragile financial condition than before the pandemic,...
30 April 2021
From: Breaking News
You can’t blame agents for trying to get the highest possible price for their vendor’s property, but Purplebricks probably wins the...
26 March 2021
From: Breaking News
From 4 May 2021, your agency could be blocked from charging late fees, compounding interest on missing rent and taking any...
20 March 2021
From: Features
A broker has launched the UK’s longest-ever fixed rate mortgage, with no early repayment charge or exit fees - the first product...
11 March 2021
From: Breaking News
Agents and a wide range of property experts have demanded yet more government funds to end the cladding crisis that is...
11 February 2021
From: Breaking News
Housing Secretary Robert Jenrick has announced “an exceptional intervention” promising that leaseholders in high-rise buildings above 18 metres will bear no...
10 February 2021
From: Breaking News
Smaller independent agencies that took out government Bounce Back loans to help them through the Coronavirus crisis now have more time...
08 February 2021
From: Breaking News
It’s that time of year again. Black Friday has been and gone and the run-up to Christmas is well and truly...
02 December 2020
From: Features
A new report funded by high profile consumer champion Martin Lewis says the government must do more to help ‘mortgage prisoners’. These...
12 November 2020
From: Breaking News
Chancellor Rishi Sunak has outlined his measures to help agencies and other businesses survive Coronavirus. His announcements - endorsed by both the...
24 September 2020
From: Breaking News
A new league table drawn up by a property advice website may be the most authoritative yet for first time buyers...
21 September 2020
From: Breaking News
The number of full property details viewed on Rightmove - a key indicator of market health - is already stronger than...
20 May 2020
From: Breaking News
Rightmove and Knight Frank are today both calling for a series of government incentives to kick-start the market after the Coronavirus...
20 April 2020
From: Breaking News
There has been broad support and relief amongst property industry players following announcements from several lenders that they would grant mortgage...
11 March 2020
From: Breaking News
As an agent, it’s part of your role to protect and advise your clients throughout the buying and selling process. Mortgages are...
26 September 2019
From: Sponsored Content
First time buyers will constitute the largest single group of purchasers in 2019, despite the apparent difficulties of deposits and securing...
09 September 2019
From: Breaking News
The Housing Secretary says he wants to make home ownership more affordable for first time buyers - which could mean discounts...
28 August 2019
From: Breaking News
The number of UK residential mortgages approved with a term of 40-years or more jumped over 20-fold in 2018. London estate agency...
22 July 2019
From: Breaking News
A review website set up by a former estate agent says £1m of new funding will allow it to roll out...
07 June 2019
From: Breaking News
Over 50 per cent of all mortgage products available to home buyers in the UK currently have a standard maximum term...
19 March 2019
From: Breaking News
Monthly mortgage payments as a proportion of income have dropped to 31 per cent now from 43 per cent a decade...