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KEYWORD "Repossession" - 66 RESULTS
More property repossessions - but not a cause for worry, say experts

UK Finance’s latest data shows the percentage of mortgaged properties taken into possession has risen, but the trade body insists this...

09 August 2024

From: Breaking News

General Election 2024: Labour unveils Freedom to Buy scheme

Housing has finally made it onto the General Election campaign, albeit with a familiar policy. Labour has unveiled plans for a Freedom...

07 June 2024

From: Breaking News

Mortgage lending to remain weak in 2024

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

28 December 2023

From: Breaking News

Jonathan Rolande: What we learned about the property market in 2023

There is rarely a quiet year in the property market. And 2023 has felt like the usual rollercoaster at times. On...

15 December 2023

From: Breaking News

‘Financial pressures’ remain as mortgage arrears rise

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

Jonathan Rolande: Separating fact from fiction

The National Association of Property Buyers’ Jonathan Rolande gives his take on another manic week for the property market. Like many working in the...

14 July 2023

From: Breaking News

Renters Reform: a mistiming in regulatory direction?

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

08 July 2023

From: Features

Lenders agree to be more flexible with mortgage borrowers

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

Jonathan Rolande: The Government can no longer ignore the property market

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

Jonathan Rolande: Is this the week that everything changed?

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

16 June 2023

From: Breaking News

Homeowners delaying next move due to cost of living crisis - claim

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

Repossession fears over new MoJ numbers

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

04 March 2023

From: Features

Sales to decline by 23% in weaker mortgage market - claim

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

12 December 2022

From: Breaking News

2023 - this is what’s going to happen

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

10 December 2022

From: Features

Buyers opt for longer-term home loans amid affordability concerns

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

Mortgage repossession claims on the rise - data

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

Homeowners may face 2008-style mortgage strain - warning

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

Property market aims to define a housing crash

Property professionals and commentators have begun pondering an official definition of a house price crash. It comes amid forecasts that house prices...

01 September 2022

From: Breaking News

Advertising watchdog open to considering SSTC listing complaints

The Advertising Standards Authority (ASA) has said it may consider complaints about ‘misleading SSTC listings’ on portals but suggests it may...

06 April 2022

From: Breaking News

Heavier Tax On Second Homes - Tories are now as keen as Labour

A poll of Conservative voters shows strong majorities for higher taxes on second homes and empty properties, and tougher demands on...

07 February 2022

From: Breaking News

Brexit and Covid crises may undo recent house price gains

Rising inflation triggered by the supply chain crisis following Brexit and the pandemic may undermine recent house price gains according to...

14 October 2021

From: Breaking News

Hammered! Auction sales total hits new high

Auction House has announced its highest-ever monthly sales total, with its sales in May just topping £70m.  The firm sold 397 properties...

17 June 2021

From: Breaking News

Mortgage boost as many homeowners pay down debt during pandemic

With much attention on those at risk of repossession or running up rent arrears, it's emerged that many others have actually used...

15 March 2021

From: Breaking News

Lockdown means viewings and sales will fall, says Phil Spencer

Property commentator Phil Spencer says lockdown - which we know will now last for another six weeks at least, and possibly...

28 January 2021

From: Breaking News

Ban on repossessions extended for mortgage borrowers

The Financial Conduct Authority is extending the ban on repossessions by two months until April 1, in light of the pandemic. The...

19 January 2021

From: Breaking News

Are you prepared for a seasonal upswing in missed rental payments?

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

Covid-19 and the potential impact on the buy-to-let market

Property is considered to be a safe investment. The buy-to-let market is booming, fuelled by a generation unable to get on...

13 November 2020

From: Sponsored Content

Mortgage holiday set to be extended as housing market stays open

There’s one key takeaway for agents from the weekend’s announcements on the next England-wide lockdown - the housing market is staying...

02 November 2020

From: Breaking News

Renters' Reform Bill delay - what does it mean for the lettings market?

Housing Minister Christopher Pincher announced that the introduction of the Renters' Reform Bill will be delayed for an indefinite period due...

31 October 2020

From: Features

How can we ensure the second half 2020 doesn’t become a blip?

Recent figures emanating from the mortgage and housing market suggest that – since lockdown was ended in mid-May – transaction levels...

31 October 2020

From: Features

Living without Section 21 evictions – lessons from the Scottish market

The announcement of the Renters’ Reform Bill in the Queen’s speech last December caused a collective groan across the country from...

27 October 2020

From: Legislation & Compliance

Landlords - shout louder about the good you’re doing!

We all know what the problem is, but what’s the solution? The problem is that landlords, thinking they offer a valuable service...

03 October 2020

From: Features

Agents will be crucial during extended eviction ban

The ban on evictions was due to end earlier this month, but following a last-minute U-turn from the government, it has...

29 August 2020

From: Features

Mortgage holiday extension - new details released by FCA

The Financial Conduct Authority has published new draft guidance for lenders which will set out options available to their customers in the extended...

26 May 2020

From: Breaking News

Mortgage holidays could be extended to up to a year

The Financial Conduct Authority is reported to be considering offering homeowners up to 12 month’s mortgage holidays. Currently 1.2m mortgage payment holidays...

12 May 2020

From: Breaking News

Five years before housing market recovers from Coronavirus - claim

The market could take five years to recover from the Coronavirus crisis after possible double-digit percentage price falls and fast-increasing repossessions.  That’s the...

21 April 2020

From: Breaking News

Big surge in distress sales even before virus - top agent

One of London’s most experienced estate agents says there has been a very significant surge in foreclosure sales in part of...

30 March 2020

From: Breaking News

Agent repays ‘non-returnable’ reservation fee after property row

An agency has repaid a £6,000 reservation fee to someone who thought they had purchased a property for £83,000 but was later...

09 March 2020

From: Breaking News

Election preview - what are the key issues for agents?

In just over two weeks, the UK population will head to the polls for the fourth general election since 2010. Of course,...

27 November 2019

From: Features

Section 8 and safeguarding landlords’ rights - what agents need to know

In recent months, we’ve seen headlines dominated by changes to tenancy rules, government consultations and more than a few scare stories. Landlords...

30 October 2019

From: Features

London is only region to see rise in repossessions

A new analysis of privately owned homes with mortgages outstanding shows repossessions have risen in London - but they’re down in...

29 August 2019

From: Breaking News

Big jump in repossessions but lenders try to calm market fears

The number of owners' properties being repossessed jumped 15 per cent year on year in the second quarter of 2019. There were...

12 August 2019

From: Breaking News

Following Scotland’s lead – what next for England’s PRS regulation?

Increasing legislation and regulation has arguably been the biggest talking point in the private rented sector (PRS) over the last few...

29 June 2019

From: Features

Repossessed homes now sell for 104% of market value, claims agency

Spicerhaart claims that it achieved an average of 104.29 per cent against the market value on properties that were taken into...

11 April 2019

From: Breaking News

Implementing your risk assessment

The Money Laundering Regulations require estate agents to risk assess their business relationships and apply an appropriate level of investigation to...

11 March 2019

From: Sponsored Content

Emoov’s humiliation - the fallout for the industry

Whatever one thinks about online estate agencies, it’s a cause of genuine sadness when people lose their jobs - close proximity...

08 December 2018

From: Features

London house marketed for £25m but sells for ‘only’ £15m

A house in Mayfair that was sold for £19.175m in 2014 and put on the market this year at £25m has...

08 November 2018

From: Breaking News

Good news - mortgage arrears and repossessions continue to fall

There’s been another drop in mortgage arrears and possessions for owner occupiers - although an increase for some elements of the...

10 August 2018

From: Breaking News

“We Buy Any House” says cash property buyer Ask Susan

If you’re an estate agent and have a property that is difficult to sell or the homeowner simply needs a fast...

20 July 2018

From: Sponsored Content

Agents' fees cartel : investigation blows the lid on how it was planned

A disciplinary investigation by the Royal Institution of Chartered Surveyors has blown the lid on the infamous fee-fixing cartel scandal involving estate...

20 July 2018

From: Breaking News

Property Jobs Today - all the latest industry moves...

Hello and welcome to this week’s Property Jobs Today - a slim edition given how quiet the industry is at the...

16 July 2018

From: Breaking News

Good news as mortgage arrears plummet to record low

The housing market may have seen some depressing figures of late but there’s good news about mortgage arrears - they’re at...

11 May 2018

From: Breaking News

How can local agents take a share of the multi-billion pound UK property auction market?

Here’s how the LetsBid Property team is helping them do it. A new property platform called LetsBid has launched in the...

24 January 2018

From: Sponsored Content

Vetting tenants to ensure they are all they seem

When a tenant failed to pay any rent after the first month his tenancy last year, the landlord did not expect...

26 August 2017

From: Features

Controversial £2.875m raffle of Right To Buy house is back on

The controversial raffle of a home reportedly purchased in 2014 under the Right To Buy scheme for just £360,000 is back...

30 June 2017

From: Breaking News

Agents Do Charity - the longest list of heroes yet...

Today we’re publishing what we think is our longest-ever list of charitable activities being conducted by agents and their supporters -...

23 June 2017

From: Breaking News

Crisis? What Crisis? Mortgage arrears plunge to 35-year low

The number of properties taken into possession last year declined by almost 25 per cent and has hit the lowest level in 35...

10 February 2017

From: Breaking News

Boost for housing market as mortgage arrears slump to record low

The number of mortgages in arrears is now at its lowest level since records began more than 20 years ago.  Data from...

12 August 2016

From: Breaking News

Repossessions now running at their lowest-ever recorded level

The Council of Mortgage Lenders says the number of repossessions in the first quarter of 2016 was 2,100 - the lowest...

13 May 2016

From: Breaking News

Another year of low repossession levels likely, says mortgage firm

A mortgage servicing company is forecasting that the number of UK houses repossessed this year will represent only 0.09 per cent...

11 May 2016

From: Breaking News

Home repossessions decline across UK as economy strengthens

Repossession levels in the north and south of England have closed by 80 per cent since the end of the recession,...

04 December 2015

From: Breaking News

Time to rebrand: lettings experts, not agents

Negativity. There’s a lot of it about in the lettings industry right now. Where you might see barriers, hurdles and more...

20 November 2015

From: Features

Agents Do Charity - as Christmas looms into view

There’s no escaping it now. The John Lewis advert has been released, the weather is almost as cold as it should...

13 November 2015

From: Breaking News

Doing the math behind the figures

We have reached an interesting point in what has been a most unusual year for the property sector.  The latest figures from...

23 October 2015

From: Features

Land Registry data shows annual house price growth dip

The latest data released by the agents’ favourite house price source, the Land Registry, shows that prices in England and Wales...

01 September 2015

From: Breaking News

Repossessions and arrears fall to lowest on record

The repossession rate has fallen again in the second quarter of 2015, and is at the lowest rate since records began. The...

14 August 2015

From: Breaking News

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