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 number of home sellers entering the market increased by almost a quarter in the two weeks following the Bank of...
30 August 2024
From: Breaking News
Spicerhaart is reigniting its acquisition strategy with a multi-million pound investment in its estate agency and lettings businesses after posting a...
23 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
One key point of difference in the parties’ housing policies during the recent general election campaign was that the Conservative Party...
17 August 2024
From: Features
When I first started working as an estate agent there was one thing I never saw coming… and that was having...
16 August 2024
From: Breaking News
Annual house price growth remained at 2.7% ahead of the general election in June and was up just 0.5% on a...
15 August 2024
From: Breaking News
Inflation has increased for the first time this year during July, dashing hopes of a further interest rate cut. The rate of...
15 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
Now that a new government has been elected and interest rates appear to be on their way down, many buyers who...
10 August 2024
From: Features
The most predictable event of the year is underway. After months of talking about how taxes won’t rise for working people,...
09 August 2024
From: Breaking News
The latest RICS Residential Property Survey found the UK's residential property sector brightened slightly in July. Average mortgage rates lowered slightly during...
08 August 2024
From: Breaking News
Estate agents are braced for a busy Autumn selling season after the first interest rate cut since March 2020. The Bank of...
02 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
Foxtons’ market share for exchanges rose by 30% in the first half of the year as the London agent revealed double-digit...
31 July 2024
From: Breaking News
Estate agents remain largely split on whether Labour’s General Election win will be positive for the housing market. A survey of almost...
30 July 2024
From: Breaking News
Higher mortgage rates will push more people than expected into poverty, research warns. Analysis by the Institute for Fiscal Studies (IFS) highlights...
26 July 2024
From: Breaking News
Best buy mortgage rates have fallen below 4% for the first time since the start of the year. Nationwide is the first...
24 July 2024
From: Breaking News
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
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
Two years of rising interest rates, the withdrawal of first-time buyer support, planning delays and a string of broken promises has...
20 July 2024
From: Features
A mixture of buyer reluctance to take on high mortgage rates, the availability of home loans and inefficiencies in the homebuying...
16 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
Agency sales supply and demand dipped in May as buyers and sellers await the election outcome, Propertymark members claim. The agency trade...
03 July 2024
From: Breaking News
Buyer demand levels climbed significantly between the first and second quarters of this year, research suggests. GetAgent’s Hotspots Demand Index monitors quarterly...
03 July 2024
From: Breaking News
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
Major lenders have started cutting their mortgage pricing in anticipation of an interest rate cut in the coming months. The Bank of...
27 June 2024
From: Breaking News
Affordability concerns are prompting many first-time buyers to consider moving more than 30 miles on average from their preferred location to...
27 June 2024
From: Breaking News
The recent dip in inflation to 2% for the first time in three years brings a glimmer of optimism in the...
26 June 2024
From: Features
The announcement by the Bank Of England that interest rates will remain fixed at 5.25% for the seventh month in a...
24 June 2024
From: Breaking News
Interest rates were held for the sixth consecutive Monetary Policy Committee (MPC) meeting yesterday, as agents expressed hope of a cut...
21 June 2024
From: Breaking News
The rate of inflation slowed to 2% in May, hitting the Bank of England’s target. Data from the Office for National Statistics...
20 June 2024
From: Breaking News
The latest inflation figures this morning are expected to show that the cost of living measure has slowed to the Bank...
19 June 2024
From: Breaking News
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
The latest residential market sentiment survey from the Royal Institution of Chartered Surveyors suggests confidence in the housing market is beginning...
13 June 2024
From: Breaking News
Win, lose or draw for the political hopefuls standing as candidates in the upcoming general election, it is likely that the...
08 June 2024
From: Features
Major lenders including Barclays, HSBC, and TSB have reduced their interest rates on new fixed mortgages, offering a glimmer of hope...
08 June 2024
From: Features
In the second of their Election Wishlist series, Leaders Romans Group turn the spotlight on the Private Rented Sector (PRS). Here, National...
08 June 2024
From: Features
The majority of estate agents expect a summer interest rate cut to help revitalise buyer market activity, however, they remain split...
04 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
High interest rates, slow price growth and more stringent tax rules have eroded Buy-to-Let’s (BTL) charm for a number of landlords,...
18 May 2024
From: Features
Rightmove posted a bullish trading update and raised performance expectations for the year ahead on Friday but the markets seemed less...
13 May 2024
From: Breaking News
Agents remain typically optimistic about the property market after interest rates were been held at their 16-year high of 5.25% by...
10 May 2024
From: Breaking News
It was the news we were all expecting. But I still feel a sense of disappointment as I digest the fact the...
10 May 2024
From: Breaking News
Help to Buy has been ranked as having the most positive influence on the property market in recent times. Agency comparison website...
08 May 2024
From: Breaking News
Typical consumer spending on mortgages and rents increased 3.6% in April – the first increase in the rate of growth since...
07 May 2024
From: Breaking News
Market appraisal volumes dropped 7% in March according to Propertymark’s latest market snapshot, based on data from up to six weeks...
07 May 2024
From: Breaking News
Prominent housing and mortgage experts are downplaying the chance of an interest rate cut following the Bank of England monetary policy...
03 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
Higher mortgage rates are a drag on house price growth says Zoopla - and it’s produced startling figures to prove it. The...
29 April 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
We all know that first-time buyers have had a tough time of it lately. Mad mini-budgets resulting in higher interest rates...
27 April 2024
From: Features
An analysis by Rightmove reveals that the average interest rate for a two year fixed mortgage at 95% loan to value...
25 April 2024
From: Breaking News
Lloyds Bank has issued figures showing a 28% profits plunge for the first quarter of the year - but it nonetheless...
25 April 2024
From: Breaking News
A report in the Times newspaper says Chancellor Jeremy Hunt is planning a stamp duty cut in the early autumn. The paper...
22 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
The European real estate market is the most distressed sector across Europe, research suggest. The latest Weil European Distress Index suggests the...
15 April 2024
From: Breaking News
When we talk in general terms about the UK housing market, we tend to draw a picture of generality. Facts and figures...
13 April 2024
From: Features
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
House prices dipped on a monthly basis during March but annual growth improved, Nationwide data shows. The latest Nationwide House Price Index...
03 April 2024
From: Breaking News
Borrowers are currently rolling off relatively favourable two-year fixed-rate deals agreed at the start of 2022, but the pain from higher...
30 March 2024
From: Features
Stress tests are a valuable tool for measuring resilience and the Scottish residential property market was put through a fairly gruelling...
30 March 2024
From: Features
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
Inflation has hit a new two-year low as the cost of living measure slowed to 3.4% in February. The figure is down...
21 March 2024
From: Breaking News
Seller confidence has improved in anticipation of the traditionally busier Spring market and interest rate cuts in the months ahead, research...
18 March 2024
From: Breaking News
The Spring Budget last Wednesday rounded out to be mostly a disappointment for the property industry, but it was also perhaps...
16 March 2024
From: Features
Property market conditions in the new-build sector are likely to remain subdued this year. Persimmon has claimed. An outlook in the house...
13 March 2024
From: Breaking News
The prime London sales market has made a hesitant start to 2024, Knight Frank has said. Despite the agent and property brand...
12 March 2024
From: Breaking News
Agents are hopeful of support for the property market in today’s Spring Budget. It could be the Chancellor Jeremy Hunt’s final fiscal...
06 March 2024
From: Breaking News
Agents would be happy to pay for regulation but the sector should be wary of costs, a Propertymark executive has told...
06 March 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
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
I was chatting to a genuine city gent the other day (someone who has enjoyed a career in suits, ties, shares...
02 March 2024
From: Features
Homeowners with mortgages have seen the highest increase in household costs over recent months, official data suggests. The latest Household Costs Index...
27 February 2024
From: Breaking News
The Government’s proposal to introduce a new 1% deposit mortgage scheme to help young people onto the property ladder is unworkable...
24 February 2024
From: Features
Propertymark has joined growing calls for the Bank of England to cut interest rates. Interest rates have been held at 5.25% since...
22 February 2024
From: Breaking News
Increasing numbers of mortgage lenders are pulling decent deals as swap rates rise. Santander has become the latest high street lender to...
21 February 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
Reading the news on Estate & Letting Agent Today every day (as I’m sure you all do, too), there appears to...
17 February 2024
From: Features
The rate of inflation remained at 4% in the 12 months to January, but housing costs remain high, Office for National...
15 February 2024
From: Breaking News
A drop in house prices remains likely for 2024 despite recent rises and improving sentiment. The latest Halifax house price index showed...
12 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
UK housing costs hit £200bn for the first time in 2023, according to the latest research by Savills. The analysis of private...
08 February 2024
From: Breaking News
The European property market is the most distressed sector, new research suggests. The latest Distress Index, from restructuring firm Weil, has warned...
06 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
Rightmove has recorded its busiest month since launching its mortgage in principle service in 2022 and predicts an interest rate hold...
01 February 2024
From: Breaking News
While our own Government continues to tentatively encourage homeowners to carry out energy-efficient measures, they will no doubt be eagerly watching...
27 January 2024
From: Features
The UK and Europe’s “house price correction” isn’t over yet but the market will perform better than expected, a ratings agency...
26 January 2024
From: Breaking News
Foxtons is set to close and consolidate some Ludlow Thompson branches as part of plans to save £3m this year. A trading...
26 January 2024
From: Breaking News
Everyone’s a pundit these days, aren’t they? And January is pundit season – when a New Year starts, out come the...
20 January 2024
From: Features
Paul Hilton, CEO of leading Scottish property portal ESPC Homeowners who are considering moving on to a new property in 2024 are...
20 January 2024
From: Features
Prime London prices fell 6% annually over 2023 but remain higher over the long term, LonRes claims. Analysis by the data company...
19 January 2024
From: Breaking News
Inflation rose unexpectedly in the 12 months to December 2023, Office for National Statistics (ONS) data has revealed. The latest ONS figures...
18 January 2024
From: Breaking News
The Labour Party has proposed introducing 25-year fixed term mortgages should it win the next General Election. Shadow chancellor Rachel Reeves suggested...