Average house prices and mortgage approvals hit new highs during the summer months, in a positive sign for the property market. Nationwide...
Archive
02 September 2024
From: Breaking News
The Government may be silent so far on support schemes for first-time buyers but the UK’s largest lender now appears to...
30 August 2024
From: Breaking News
Nationwide has risen to the top of the best buy tables again with a new mortgage rate cut. The building society has...
22 August 2024
From: Breaking News
Mortgaged buyers have continued to drive the property market even in the two years since mortgage rates peaked, research suggests. Property brand...
20 August 2024
From: Breaking News
The director of a London estate agency claims a buyer needs an income of £100,000 a year to purchase a home...
12 August 2024
From: Breaking News
Research from Zoopla shows that two-bed terraced homes are the fastest-selling property type in England and Wales, with a sale agreed...
05 August 2024
From: Breaking News
House price growth hit its highest level for almost two years during July, Nationwide data shows. The latest Nationwide House Price Index...
02 August 2024
From: Breaking News
There is no doubt that the residential market in the UK slumped last year. Transactions were at around 1 million, whereas...
27 July 2024
From: Features
HSBC has promised rate cuts this week as mortgage pricing continues to drop, but it is unclear how much further pricing...
23 July 2024
From: Breaking News
Half of young first-time buyers are willing to consider “non-traditional routes” to get onto the property ladder. Research suggests that around a...
23 July 2024
From: Breaking News
The Government will need the financial markets to play ball if its housebuilding plans are to be successful, a property expert...
23 July 2024
From: Breaking News
On balance, a stable new government with a large majority is good news for the sales market. Labour’s costed spending plans,...
06 July 2024
From: Features
As mortgage rates remain high, estate agents report that housing market conditions continue to be demanding. A 0.1% fall in the average...
06 July 2024
From: Features
The General Election and increased hopes of an interest rate cut seems to have boosted buyer confidence but not necessarily seller...
28 June 2024
From: Breaking News
A new house price forecast by peer-to-peer real estate investment platform, easyMoney, reveals that recent optimism in the UK property market could...
22 June 2024
From: Features
There’s a growing supply-demand imbalance in the sales market according to the prominent industry asking price index, Home. It says despite greater...
14 June 2024
From: Breaking News
Affordability is a bigger factor for buyers than the confirmed General Election, Savills claims. Prime Minister Rishi Sunak has set a date...
24 May 2024
From: Breaking News
The rate of inflation slowed to 2.3% in April, Office for National Statistics (ONS) data shows. It means the consumer price index...
23 May 2024
From: Breaking News
Hopes of an interest rate cut have been raised after the International Monetary Fund (IMF) suggested the UK economy is recovering faster...
22 May 2024
From: Breaking News
Just as the Nationwide showed the impact of rising mortgage costs on house prices, so another raft of lenders have made...
02 May 2024
From: Breaking News
Only realistic sellers willing to negotiate prices are successful in the current market, says one of the country’s leading estate agents. The...
02 May 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
Big demand for small properties has helped to drive growth in UK property prices in the early months of this year,...
29 April 2024
From: Breaking News
Inflation has eased to 3.2% down from 3.4%, official figures from the Office for National Statistics show, the lowest level since...
18 April 2024
From: Breaking News
OnTheMarket president Jason Tebb has cautioned buyers against waiting for an interest rate cut and General Election before making a transaction...
15 April 2024
From: Breaking News
Average house prices fell on a monthly basis for the first time since September 2023 during March as higher mortgage rates...
08 April 2024
From: Breaking News
The share of homes purchased by first-time buyers so far this year has been pushed to record levels, but most are...
02 April 2024
From: Breaking News
Prime central London (PCL) property values flattened out during the first quarter of 2024 after six consecutive quarterly falls, figures suggest. Analysts...
02 April 2024
From: Breaking News
Interest rates were held for the fifth consecutive time after the latest Bank of England Monetary Policy Committee (MPC) meeting yesterday. The...
22 March 2024
From: Breaking News
House prices are growing annually for the first time since January 2023, Nationwide claims. The latest Nationwide House Price Index found average...
04 March 2024
From: Breaking News
Propertymark has added its name to calls for Stamp Duty reform and has also urged lenders to develop more affordable mortgage...
29 February 2024
From: Breaking News
With the exception of lockdown, new home registrations have bumped along consistently for the last 15 years. But things are changing...
09 February 2024
From: Breaking News
Agents are becoming more confident about a busy Spring market after the Bank of England held interest rates for the fourth...
02 February 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
The news in September that Birmingham City Council (‘Europe’s largest local authority’) had been forced to issue a Section 114 notice...
06 January 2024
From: Features
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 Bank of England maintained interest rates at 5.25% yesterday, raising hope among agents that this would boost buyer confidence and...
15 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
As sure as night follows day, so our industry sets out a wish list of tax changes which it hopes the...
18 November 2023
From: Features
The number of lenders offering sub-5% mortgage deals has doubled in the past month in a sign that the cost of...
17 November 2023
From: Breaking News
Many property professionals may be getting excited by lower inflation and falling mortgage rates but an auctioneer is warning that there...
16 November 2023
From: Breaking News
Mortgage brokers have hailed a ‘watershed moment’ as Nationwide became the first lender in months to release a sub-5% home loan...
09 November 2023
From: Breaking News
Interest rates were held for a second consecutive month yesterday, giving agents renewed hopes that the cost of borrowing has reached...
03 November 2023
From: Breaking News
Nationwide has cautioned property market commentators about being too optimistic as its own house price index showed average prices surprisingly rose...
02 November 2023
From: Breaking News
It's emerged that Homes England and HMRC have explored possible fraud within the Help to Buy Equity Loan Scheme. This formed part of...
20 October 2023
From: Breaking News
Average mortgage pricing is falling in a “positive sign” for the market, new analysis suggests. Data from comparison website Moneyfacts shows typical...
11 October 2023
From: Breaking News
House prices fell for the sixth consecutive month in a row during September and dropped at the fastest rate since August...
09 October 2023
From: Breaking News
Agents are securing sales closer to asking price but properties are taking longer to sell, new data suggests. Analysis by Hamptons, using...
05 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
Knight Frank has revised its house price forecasts and now expects a steeper market drop. The agent previously predicted a 5% fall...
02 October 2023
From: Breaking News
The Bank of England has held off on further interest rate rises for now but agents warn that there is still...
22 September 2023
From: Breaking News
The mortgage rate rollercoaster is finally winding down but pressure will remain on the property market, Knight Frank claims. New commentary from...
19 September 2023
From: Breaking News
House prices fell at their fastest rate since July 2009 last month, according to Nationwide. The lender’s latest House Price Index shows...
04 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
A third of those opting to move home in the current market are downsizers, research claims. However, it’s not the increased cost...
25 August 2023
From: Breaking News
Homebuyers and borrowers could be set to benefit from a mortgage price war, a property expert claims. Jonathan Rolande, from the National...
24 August 2023
From: Breaking News
Trading conditions in the housing market have worsened during this summer, Crest Nicholson has warned. A trading update from the housebuilder said...
22 August 2023
From: Breaking News
Mortgage lenders are at last cutting their rates on some deals, confident that the Bank of England’s base rate may rise...
15 August 2023
From: Breaking News
The Halifax is warning that house price falls will continue into 2024. It cautions that price drops will be “gradual, rather than...
08 August 2023
From: Breaking News
Agents and property professionals have expressed hopes that rates have peaked after latest rise Iin the cost of borrowing. The Bank of...
04 August 2023
From: Breaking News
Agents and property professionals will be keeping an eye on Threadneedle Street in London today, with the Bank of England expecting...
03 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
The number of mortgage approvals edged up for a second month in a row during June but remains below 2022’s monthly...
01 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
Cooling house prices are providing an opportunity for buyers even with higher borrowing costs, Propertymark claims. The agency trade body said it...
31 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
London buyers are becoming more cautious but they may benefit from more stock entering the market, Chestertons claims. A market update from...
25 July 2023
From: Breaking News
Cooling market conditions and the higher cost of borrowing have resulted in one property market silver lining, Moverly claims. The upfront information...
24 July 2023
From: Breaking News
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
Property market activity has returned to levels last seen in the aftermath of last October’s mini Budget, data from the Royal...
13 July 2023
From: Breaking News
OnTheMarket has admitted to shareholders that the cancellation of agent contracts has been “higher than expected”. In results from the company issued...
10 July 2023
From: Breaking News
House prices are falling at their fastest rate in 12 years, dropping £7,500 on average over the past 12 months, according...
10 July 2023
From: Breaking News
Annual house price growth remained negative in June as mortgage rates hit buyer budgets but there is still a chance of...
03 July 2023
From: Breaking News
The latest interest rate rise has heightened the risk of forced sales and buyers shying away from the market, agents have...
23 June 2023
From: Breaking News
The property market is braced for another interest rate rise today after the latest inflation data shows the cost of living...
22 June 2023
From: Breaking News
Chancellor Jeremy Hunt has ruled out providing financial support for struggling mortgage borrowers as rates hit new highs. Average mortgage rates hit...
21 June 2023
From: Breaking News
Mortgage rates have officially broken the 6% barrier. Average rates for home loans are now back at the level that prompted the...
20 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
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
Mortgage brokers are trying to get lenders to sign up to a 24-hour Product Withdrawal Pledge in efforts to keep the...
12 June 2023
From: Breaking News
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
The Bank of England’s strategy to tackle inflation isn’t working, an agent has claimed, after policymakers hiked rates for the 12th...
12 May 2023
From: Breaking News
High borrowing costs and an uncertain economic outlook remaining the main challenges for homebuyers, the Royal Institution of Chartered Surveyors (RICS)...
11 May 2023
From: Breaking News
Average UK house prices declined last month for the first time in three months, Halifax claims. The lender’s latest House Price Index...
10 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
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
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
Estate agents have expressed hope that the latest interest rate rise is the last after the Bank of England increased the...
24 March 2023
From: Breaking News
When Jeremy Hunt sat down in the Commons after delivering his first Spring Budget, I imagine there were many who felt...
18 March 2023
From: Features
Analysis by professional cash buyer and portfolio landlord, Landlord Buyer (part of Open Property Group), has revealed what costs make up...
08 March 2023
From: Features
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
January was a record month for mortgage searches but mainly for remortgaging rather than home purchase, data from an industry software...
07 February 2023
From: Breaking News
The property market has been warned to expect fewer sales and more expensive mortgages after interest rates were raised for the...
03 February 2023
From: Breaking News
Mortgage approvals for home purchase hit their lowest level since June 2020 during November, the latest Bank of England data has...
05 January 2023
From: Breaking News
Two thirds of economists expect house prices to fall by more than 4% this year while others are expecting a more...
04 January 2023
From: Breaking News
Energy efficiency will become key considerations for buyers next year while those with cash will be preferred purchasers, Jackson-Stops has predicted. The...
28 December 2022
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
‘Needs-based’ buyers will dominate the property market in the early part of 2023 while equity-rich lifestyle buyers will have their moment...
20 December 2022
From: Breaking News
Over the later part of 2022, we have experienced unprecedented economic and political turmoil, which will remain as we head into...