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KEYWORD "borrowing" - 100 RESULTS
House prices and mortgage approvals hit new highs - has the market recovered?

Average house prices and mortgage approvals hit new highs during the summer months, in a positive sign for the property market. Nationwide...

02 September 2024

From: Breaking News

UK’s largest lender unveils first-time buyer boost

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

Mortgage rates fall further with new Nationwide best buy

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

Mortgage-backed homebuyers dominate even as rates have surged - claim

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

Agent says you need £100k income to buy in ‘cheap’ part of London

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

Why do two-bed terraced houses sell faster than other homes?

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 hits 19-month high but affordability pressures remain

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

Ambitious Labour may hit homes target if rates come down

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

Homebuyers facing 50-50 chance of August interest rate cut

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

First-time buyers considering ‘non-traditional routes’ to property

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

Borrowing costs rather than housebuilding key to boosting property market - claim

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

Now the election is over, the real work begins for agents

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

How agents can use comparable data to price properties with accuracy

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

General Election and interest rate hopes have boosted buyers - claim

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

House prices to grow by 6.3% by end of 2025

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

Danger - Housing Market at risk of Chronic Over-Supply Until Rates Fall

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

Interest rate cuts more important for housing than election - claim

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

Interest rate cut hopes rise as inflation slows again

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

IMF backs health of UK economy but calls for release of green belt land

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

Mortgage Misery as yet more lenders hike rates

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 succeed in today’s market - leading agent

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

Sales volumes boom despite interest rates soaring - new Zoopla figures

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 as budgets tighten

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

Interest Rate Cuts on hold after disappointing figures

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: Buyers should transact before the General Election season

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

Halifax: House prices drop on a monthly basis for first time since September 2023

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

Share of first-time buyer sales hits record high

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

Savills: PCL prices have stopped falling

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 remain frozen – what does it mean for agent activity?

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

Annual house price growth returns to ‘positive territory’ – but for how long?

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

Agency trade body reveals Spring Budget wishlist

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

JONATHAN ROLANDE: Fall in new home registrations is creating crisis for the sector

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

Interest rate freeze: ‘Buyers and sellers will welcome Bank inaction'

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

Mortgage approvals hit six-month high – has the market come alive?

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

Troubled town halls face even tougher times

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

‘Affordability pressures’ set to push house prices down again in 2024 - reports

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

Good for movers? Bank of England holds interest rates again

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

Bank of England: Interest rate rises haven't fully hit UK yet - warning

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

The Hunt For Tax Cuts - An Autumn Statement Preview

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

Number of sub-5% mortgage deals has doubled this month

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

Auctioneer: Property market hasn’t bottomed out yet

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

‘Watershed moment’ as sub-5% mortgages return

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 held but will it tempt homebuyers back to the market?

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

Housing market remains weak despite monthly price rises - Nationwide

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

Fraud pilot investigation launched into Help to Buy loans

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

Mortgage rates drop for second month in a row

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 fall again but how long will ‘correction’ last?

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

Hamptons: Some sellers still ‘holding out for last year’s prices

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

Younger borrowers becoming ‘Mort-locked generation’ - claim

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 lowers house price expectations after ‘volatile summer’

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

Interest rates unchanged but it’s not the end for house price drops

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

Knight Frank: Mortgage rate rollercoaster is ending

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

Property prices falling at fastest rate since 2009 but 'soft landing' is possible

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

Fewer buyers stretching affordability to get on property ladder

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

Survey reveals demand for downsizing

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

Property expert predicts mortgage rate war in boost for buyers

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

Major housebuilder warns economic uncertainty is deterring buyers

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

Housing market still in doldrums despite mortgage rate cuts

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

Warning To Agents - House price falls to continue into 2024

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

Have Bank of England rate hikes peaked?

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

How far will interest rates rise today?

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 falling at fastest rate since 2009

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

Mortgage approvals rise but buyers remain cautious

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: June property sales hit three-year low

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

Propertymark: ‘House price drops were inevitable’

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

 Homebuyers facing retirement shortfall by borrowing for longer - warning

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

Major agency: Cautious buyers may benefit from summer stock

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

Market is cooling but buyers are more committed – claim

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

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

RICS: Mortgage rate rises ‘clearly visible’ as property market activity drops

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 admits agent cancellations running higher than expected

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

Agents warn of “pain to come” after shock of biggest price fall for 12 years

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

House price declines continue ‘but soft landing is possible’

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

Interest rate rise: Agents warn of weaker demand and forced sales

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

Buyers and sellers braced for latest interest rate rise

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 rules out mortgage rate support

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 surpass 6% in new blow for housing market

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

Mortgage bills set to rise by £3,000 – warning

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

Homeowners set for ‘mortgage shock’ as rates rise and products disappear 

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

Lenders urged to back 24-hour product withdrawal pledge

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

The nuances of mortgage lending and the role of the valuer

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

Interest rates: Estate agents react as cost of borrowing hits new high

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

Agency stock rises as demand and sales drop - RICS

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

Halifax: Higher mortgage rates push house prices down

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 bounce back but home loan rates rise

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

Property Natter - Fancy that! First time buyers drive recovery

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

Mortgage approvals rise for first time in six months

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

'Unhelpful' interest rate rise hits the housing market

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

Light-touch Budget is no bad thing for the housing market

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

Landlord rental portfolio expenses revealed

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

Annual house price growth hits three-year low - Halifax

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 ‘record month’ for mortgage searches

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

Interest rate rise: Property market braced for sales drop

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 hit lowest level since the pandemic 

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

Economists predict ‘double digit house price correction’

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

Jackson-Stops: Energy efficiency and cash buyers will dominate 2023 market

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

Knight Frank: Property market picture remains clouded until mortgages stabilise

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

Savills: New Year property market will shift to 'needs-based' buyers

‘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

What To Expect from the Property Market in 2023

Over the later part of 2022, we have experienced unprecedented economic and political turmoil, which will remain as we head into...

17 December 2022

From: Features

'Like a lump of coal at Christmas’ – Agents react to latest interest rate rise

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

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