UK Finance’s latest data shows the percentage of mortgaged properties taken into possession has risen, but the trade body insists this...
Archive
09 August 2024
From: Breaking News
The average first-time buyer mortgage payment has risen by 61% since the previous election year of 2019, research suggests. Analysis by Rightmove...
24 June 2024
From: Breaking News
The Conveyancing Association (CA) - the leading trade body for the conveyancing industry – has launched a new guide for conveyancing...
08 June 2024
From: Features
Stamp Duty reform and more housebuilding top the General Election wish-lists for the property sector. General Election manifestos are yet to be...
31 May 2024
From: Breaking News
The Conveyancing Association (CA) has launched a new guide to help conveyancers understand and utilise digital signatures, electronic signatures and e-signature...
03 May 2024
From: Breaking News
The level of mortgage approvals for home-movers hit the lowest level since the 1970s amid the cost of living crisis in...
05 March 2024
From: Breaking News
Older borrowers were deterred by high mortgage rates last year, bank data suggests. Quarter four figures from UK Finance show a 37.1%...
20 February 2024
From: Breaking News
Propertymark has urged the Bank of England to cut interest rates “as soon as practically possible” after the trade body noted...
09 February 2024
From: Breaking News
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
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
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
Simon Jackson is Managing Director of SDL Surveying If we look at the latest data, it looks like there is something of...
28 October 2023
From: Features
Around half a million mortgage-holders are facing an imminent financial shock as their fixed deals end in the run-up to Christmas...
20 September 2023
From: Breaking News
Mortgage lending has dropped and buyers are no longer stretching their affordability limits, UK Finance claims. New data from the banking trade...
30 August 2023
From: Breaking News
There’s been a sharp rise in mortgage arrears as high interest rates have hit the housing market - and now there’s...
11 August 2023
From: Breaking News
We all want more transactions - the Holy Grail when it comes to agencies’ bottom lines - but an interesting aspect...
03 August 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
It’s a tough old road for today’s first-time buyers, with house prices and mortgage interest rates much higher than they were...
03 June 2023
From: Features
In simple terms, as you are probably aware, ‘lenders’ are the organisations who loan you something, in this case money to...
17 May 2023
From: Sponsored Content
As Tennyson once observed…’.In the Spring, a young man’s fancy turns to thoughts of love…’.but not really. At the moment the...
29 April 2023
From: Features
It’s been a year since Housing Secretary Michael Gove declared that was “morally wrong” that leaseholders should pay to fix unsafe...
11 January 2023
From: Breaking News
New year, old worries: what’s happening in the housing market? We’ve asked experts and collated forecasts, 15 in total. On the one...
07 January 2023
From: Features
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
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
Let’s be completely honest - as challenges go, estate agents are up against it trying to persuade reluctant vendors to take...
06 October 2022
From: Breaking News
Lower income households and homebuyers could start seeing their mortgage options dwindle as interest rates rise and the cost of living...
09 September 2022
From: Breaking News
Issues with property titles and borrower affordability have been revealed among the main reasons why mortgage offers have been withdrawn. The results...
15 July 2022
From: Breaking News
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
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...
15 December 2021
From: Breaking News
Mortgage lenders have announced a voluntary moratorium on possessions from today, December 13, until Tuesday January 4. A statement from the umbrella...
13 December 2021
From: Breaking News
Following a month in which the number of property transactions was the highest since records began, it might seem a little...
14 August 2021
From: Features
Banks and building societies want the government to offer more help to the housing market through additional assistance to home owners...
28 May 2021
From: Breaking News
Mortgage availability has risen for the fifth consecutive month according to respected market monitor Moneyfacts. With 3,532 products on offer, this is...
10 March 2021
From: Breaking News
The UK has topped the rankings for the highest property taxes as a percentage of overall taxation in the developed world...
09 December 2020
From: Breaking News
One in six home owners with a mortgage across the UK are now on some form of payment holiday with lenders...
22 June 2020
From: Breaking News
The outlook for the housing market is still taking shape, but here I take a look at three market indicators to...
30 May 2020
From: Features
There’s been a cautious welcome for the extension to the current mortgage holiday scheme, due to run out for ‘early adopters’...
22 May 2020
From: Breaking News
Two financial trade bodies say most mortgage providers will give customers who have exchanged contracts the option to extend their mortgage...
30 March 2020
From: Breaking News
It’s been reported that the government is talking with banks and building societies about putting the housing market ‘on ice’ during the...
27 March 2020
From: Breaking News
The government has at last issued extensive advice on home moving and the activities of estate agents during the continuing Coronavirus crisis. This...
27 March 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
Predictions that landlords are not buying properties to let out because of tougher rental taxes and regulations appear to be short...
19 February 2020
From: Breaking News
Analysts are putting a surprise surge in mortgage approvals from banks down to a spike in applications ahead of the General...
02 January 2020
From: Breaking News
There was an increase in the number of first time buyers getting on the property ladder in September compared to the...
20 November 2019
From: Breaking News
The number of new mortgages approved by banks fell to a six-month low in September - but the annual figure shows...
25 October 2019
From: Breaking News
Cash buyers have fallen in 90 per cent of major UK cities over the past three years according to a Zoopla...
30 September 2019
From: Breaking News
There's good news for the market in at least one sector - mortgages offered to first time buyers. Latest figures from the...
18 September 2019
From: Breaking News
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
Brexit is not deterring first time buyers this year according to an analysis by the Yorkshire Building Society. It says that despite...
19 August 2019
From: Breaking News
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
Data from UK Finance, which represents most of the country’s lenders, shows that gross mortgage lending across the residential market in...
25 July 2019
From: Breaking News
Online estate agency Yopa is warning of price falls ahead in London and south east England - although price rises elsewhere...
17 July 2019
From: Breaking News
Theresa May arrived in Downing Street some three years ago - but her premiership has not been a smooth ride. As she...
06 July 2019
From: Features
The number of mortgages approved by High Street banks increased 5.4 per cent to 44,000 in April. Data from trade body UK...
29 May 2019
From: Breaking News
Agents have reacted gloomily to the release of figures showing that the number of new mortgages offered to both movers and...
17 May 2019
From: Breaking News
Figures released this morning show a surge in first time buyers securing mortgages in recent months, despite the market showing continued signs...
12 March 2019
From: Breaking News
After several days of gloomy market news, here's something more optimistic - there were 370,000 new first time buyer mortgages completed in...
20 February 2019
From: Breaking News
The number of movers has declined by around 50 per cent since the halcyon days of 2006, before the global financial...
20 February 2019
From: Breaking News
The National Association of Estate Agents has met with other members of a high-level government board to look at ways of...
15 January 2019
From: Breaking News
As 2018 draws to a close, it is fair to say that stretched affordability and uncertainty over the Brexit negotiations has...
29 December 2018
From: Features
There is a perfect storm brewing in the lettings market, and as the saying goes, “you can’t change the direction of...
12 December 2018
From: Features
Mainstream bank lending for house purchases grew by 3.6 per cent in October compared to the same month last year. However the...
27 November 2018
From: Breaking News
Mortgage approvals fell again in September - this means that every month of 2018 so far has seen a drop against...
25 October 2018
From: Breaking News
Figures from the mortgage lenders’ umbrella group, UK Finance, suggest the government desire to see more first time buyers and fewer...
17 October 2018
From: Breaking News
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
Total mortgage approvals by the main High Street banks increased three per cent in May over the same month last year...
27 June 2018
From: Breaking News
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
Fewer mortgages were approved for home buyers last month than in the same month a year ago according to figures from...
27 April 2018
From: Breaking News
Property purchases for buyers requiring mortgages reached 50,000 in February, the highest level for the month since 2007. The data, from mortgage...
18 April 2018
From: Breaking News
The switchback of house price indices and other data on the state of the market has taken a turn for the...
15 March 2018
From: Breaking News
Despite a string of property pundits suggesting the market is slowing down, new figures from the Office for National Statistics show...
14 February 2018
From: Breaking News
Stamp duty reform for first time buyers has taken pride of place in the Budget speech of Chancellor Phillip Hammond. From today,...
22 November 2017
From: Breaking News
The spread and sophistication of financial crime in the UK in recent years has been unprecedented. Figures from UK Finance show that...
04 November 2017
From: Features
New figures from UK Finance, the umbrella body for finance houses, show gross mortgage lending in September rose to £21.4 billion...
26 October 2017
From: Breaking News
An industry analyst says some agents may find it tough to survive in 2018 if they’re hit by a double whammy...
24 October 2017
From: Breaking News
Mortgage lending reached £24.2 billion in August according to latest estimates by UK Finance. There were some 41,807 house purchase approvals, with...
27 September 2017
From: Breaking News
Jackson-Stops & Staff, a critic of the stamp duty system since its reform in 2014, now says the government should slash...
31 August 2017
From: Breaking News
New data from UK Finance - previously the Council of Mortgage Lenders - paints a relatively optimistic assessment of the UK-wide...
24 August 2017
From: Breaking News
Almost half of all property purchase valuations last month were conducted on behalf of first-time buyers according to Connells - well...