Archive

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

The number of home sellers entering the market increased by almost a quarter in the two weeks following the Bank of...

Spicerhaart is reigniting its acquisition strategy with a multi-million pound investment in its estate agency and lettings businesses after posting a...

Mortgaged buyers have continued to drive the property market even in the two years since mortgage rates peaked, research suggests. Property brand...

One key point of difference in the parties’ housing policies during the recent general election campaign was that the Conservative Party...

When I first started working as an estate agent there was one thing I never saw coming… and that was having...

Annual house price growth remained at 2.7% ahead of the general election in June and was up just 0.5% on a...

Inflation has increased for the first time this year during July, dashing hopes of a further interest rate cut. The rate of...

The director of a London estate agency claims a buyer needs an income of £100,000 a year to purchase a home...

Now that a new government has been elected and interest rates appear to be on their way down, many buyers who...

The most predictable event of the year is underway. After months of talking about how taxes won’t rise for working people,...

The latest RICS Residential Property Survey found the UK's residential property sector brightened slightly in July.  Average mortgage rates lowered slightly during...

Estate agents are braced for a busy Autumn selling season after the first interest rate cut since March 2020. The Bank of...

House price growth hit its highest level for almost two years during July, Nationwide data shows. The latest Nationwide House Price Index...

Foxtons’ market share for exchanges rose by 30% in the first half of the year as the London agent revealed double-digit...

Estate agents remain largely split on whether Labour’s General Election win will be positive for the housing market.  A survey of almost...

Higher mortgage rates will push more people than expected into poverty, research warns. Analysis by the Institute for Fiscal Studies (IFS) highlights...

Best buy mortgage rates have fallen below 4% for the first time since the start of the year. Nationwide is the first...

HSBC has promised rate cuts this week as mortgage pricing continues to drop, but it is unclear how much further pricing...

The Government will need the financial markets to play ball if its housebuilding plans are to be successful, a property expert...

Two years of rising interest rates, the withdrawal of first-time buyer support, planning delays and a string of broken promises has...

A mixture of buyer reluctance to take on high mortgage rates, the availability of home loans and inefficiencies in the homebuying...

On balance, a stable new government with a large majority is good news for the sales market. Labour’s costed spending plans,...

Agency sales supply and demand dipped in May as buyers and sellers await the election outcome, Propertymark members claim. The agency trade...

Buyer demand levels climbed significantly between the first and second quarters of this year, research suggests. GetAgent’s Hotspots Demand Index monitors quarterly...

The General Election and increased hopes of an interest rate cut seems to have boosted buyer confidence but not necessarily seller...

Major lenders have started cutting their mortgage pricing in anticipation of an interest rate cut in the coming months. The Bank of...

Affordability concerns are prompting many first-time buyers to consider moving more than 30 miles on average from their preferred location to...

The recent dip in inflation to 2% for the first time in three years brings a glimmer of optimism in the...

The announcement by the Bank Of England that interest rates will remain fixed at 5.25% for the seventh month in a...

Interest rates were held for the sixth consecutive Monetary Policy Committee (MPC) meeting yesterday, as agents expressed hope of a cut...

The rate of inflation slowed to 2% in May, hitting the Bank of England’s target. Data from the Office for National Statistics...

The latest inflation figures this morning are expected to show that the cost of living measure has slowed to the Bank...

There’s a growing ­supply-demand imbalance in the sales market according to the prominent industry asking price index, Home.  It says despite greater...

The latest residential market sentiment survey from the Royal Institution of Chartered Surveyors suggests confidence in the housing market is beginning...

Win, lose or draw for the political hopefuls standing as candidates in the upcoming general election, it is likely that the...

Major lenders including Barclays, HSBC, and TSB have reduced their interest rates on new fixed mortgages, offering a glimmer of hope...

In the second of their Election Wishlist series, Leaders Romans Group turn the spotlight on the Private Rented Sector (PRS). Here, National...

The majority of estate agents expect a summer interest rate cut to help revitalise buyer market activity, however, they remain split...

Affordability is a bigger factor for buyers than the confirmed General Election, Savills claims. Prime Minister Rishi Sunak has set a date...

The rate of inflation slowed to 2.3% in April, Office for National Statistics (ONS) data shows. It means the consumer price index...

Hopes of an interest rate cut have been raised after the International Monetary Fund (IMF) suggested the UK economy is recovering faster...

High interest rates, slow price growth and more stringent tax rules have eroded Buy-to-Let’s (BTL) charm for a number of landlords,...

Rightmove posted a bullish trading update and raised performance expectations for the year ahead on Friday but the markets seemed less...

Agents remain typically optimistic about the property market after interest rates were been held at their 16-year high of 5.25% by...

It was the news we were all expecting. But I still feel a sense of disappointment as I digest the fact the...

Help to Buy has been ranked as having the most positive influence on the property market in recent times. Agency comparison website...

Typical consumer spending on mortgages and rents increased 3.6% in April – the first increase in the rate of growth since...

Market appraisal volumes dropped 7% in March according to Propertymark’s latest market snapshot, based on data from up to six weeks...

Prominent housing and mortgage experts are downplaying the chance of an interest rate cut following the Bank of England monetary policy...

Just as the Nationwide showed the impact of rising mortgage costs on house prices, so another raft of lenders have made...

Only realistic sellers willing to negotiate prices are successful in the current market, says one of the country’s leading estate agents. The...

Higher mortgage rates are a drag on house price growth says Zoopla - and it’s produced startling figures to prove it. The...

UK house prices may be broadly static but sales volumes are up 12% year on year according to Zoopla data out...

Big demand for small properties has helped to drive growth in UK property prices in the early months of this year,...

We all know that first-time buyers have had a tough time of it lately. Mad mini-budgets resulting in higher interest rates...

An analysis by Rightmove reveals that the average interest rate for a two year fixed mortgage at 95% loan to value...

Lloyds Bank has issued figures showing a 28% profits plunge for the first quarter of the year - but it nonetheless...

A report in the Times newspaper says Chancellor Jeremy Hunt is planning a stamp duty cut in the early autumn. The paper...

Inflation has eased to 3.2% down from 3.4%, official figures from the Office for National Statistics show, the lowest level since...

OnTheMarket president Jason Tebb has cautioned buyers against waiting for an interest rate cut and General Election before making a transaction...

The European real estate market is the most distressed sector across Europe, research suggest. The latest Weil European Distress Index suggests the...

When we talk in general terms about the UK housing market, we tend to draw a picture of generality. Facts and figures...

Average house prices fell on a monthly basis for the first time since September 2023 during March as higher mortgage rates...

House prices dipped on a monthly basis during March but annual growth improved, Nationwide data shows. The latest Nationwide House Price Index...

Borrowers are currently rolling off relatively favourable two-year fixed-rate deals agreed at the start of 2022, but the pain from higher...

Stress tests are a valuable tool for measuring resilience and the Scottish residential property market was put through a fairly gruelling...

Interest rates were held for the fifth consecutive time after the latest Bank of England Monetary Policy Committee (MPC) meeting yesterday. The...

Inflation has hit a new two-year low as the cost of living measure slowed to 3.4% in February. The figure is down...

Seller confidence has improved in anticipation of the traditionally busier Spring market and interest rate cuts in the months ahead, research...

The Spring Budget last Wednesday rounded out to be mostly a disappointment for the property industry, but it was also perhaps...

Property market conditions in the new-build sector are likely to remain subdued this year. Persimmon has claimed. An outlook in the house...

The prime London sales market has made a hesitant start to 2024, Knight Frank has said. Despite the agent and property brand...

Agents are hopeful of support for the property market in today’s Spring Budget. It could be the Chancellor Jeremy Hunt’s final fiscal...

Agents would be happy to pay for regulation but the sector should be wary of costs, a Propertymark executive has told...

The level of mortgage approvals for home-movers hit the lowest level since the 1970s amid the cost of living crisis in...

House prices are growing annually for the first time since January 2023, Nationwide claims. The latest Nationwide House Price Index found average...

I was chatting to a genuine city gent the other day (someone who has enjoyed a career in suits, ties, shares...

Homeowners with mortgages have seen the highest increase in household costs over recent months, official data suggests. The latest Household Costs Index...

The Government’s proposal to introduce a new 1% deposit mortgage scheme to help young people onto the property ladder is unworkable...

Propertymark has joined growing calls for the Bank of England to cut interest rates. Interest rates have been held at 5.25% since...

Increasing numbers of mortgage lenders are pulling decent deals as swap rates rise. Santander has become the latest high street lender to...

Older borrowers were deterred by high mortgage rates last year, bank data suggests. Quarter four figures from UK Finance show a 37.1%...

Reading the news on Estate & Letting Agent Today every day (as I’m sure you all do, too), there appears to...

The rate of inflation remained at 4% in the 12 months to January, but housing costs remain high, Office for National...

A drop in house prices remains likely for 2024 despite recent rises and improving sentiment. The latest Halifax house price index showed...

Propertymark has urged the Bank of England to cut interest rates “as soon as practically possible” after the trade body noted...

UK housing costs hit £200bn for the first time in 2023, according to the latest research by Savills.  The analysis of private...

The European property market is the most distressed sector, new research suggests. The latest Distress Index, from restructuring firm Weil, has warned...

Agents are becoming more confident about a busy Spring market after the Bank of England held interest rates for the fourth...

Rightmove has recorded its busiest month since launching its mortgage in principle service in 2022 and predicts an interest rate hold...

While our own Government continues to tentatively encourage homeowners to carry out energy-efficient measures, they will no doubt be eagerly watching...

The UK and Europe’s “house price correction” isn’t over yet but the market will perform better than expected, a ratings agency...

Foxtons is set to close and consolidate some Ludlow Thompson branches as part of plans to save £3m this year. A trading...

Everyone’s a pundit these days, aren’t they? And January is pundit season – when a New Year starts, out come the...

Paul Hilton, CEO of leading Scottish property portal ESPC Homeowners who are considering moving on to a new property in 2024 are...

Prime London prices fell 6% annually over 2023 but remain higher over the long term, LonRes claims. Analysis by the data company...

Inflation rose unexpectedly in the 12 months to December 2023, Office for National Statistics (ONS) data has revealed. The latest ONS figures...

The Labour Party has proposed introducing 25-year fixed term mortgages should it win the next General Election. Shadow chancellor Rachel Reeves suggested...

After months of negative messaging and anti-development sentiment, espoused both nationally by the Government, and locally during May’s local election campaigning,...