We all know that first-time buyers have had a tough time of it lately. Mad mini-budgets resulting in higher interest rates...
Archive
The latest research by London lettings and estate agent, Benham and Reeves, has revealed that while a rental property with a...
27 April 2024
From: Features
The new financial year is often an opportunity to get organised for the year ahead. For self-employed property professionals who are...
20 April 2024
From: Features
Data and statistics are never in short supply for those of us working in the property sector. But one set which really...
19 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
In this, the second of a three-part series, David Beaumont continues his critique of the new Material Information Guidance. There are 21...
30 March 2024
From: Features
A game changer? Yorkshire Building Society launches 99% loan-to-value mortgage for first-time buyers
The Government may have backtracked on plans for 100% loan-to-value (LTV) mortgages but Yorkshire Building Society has come up with its...
28 March 2024
From: Breaking News
A baby born today will need to earn £95,121 to get on the property ladder, research suggests. The analysis forecasts that the...
20 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
Single first-time buyers need to save for almost 6.5 years or 76 months to raise a 10% deposit and cover moving...
15 March 2024
From: Breaking News
Average house prices rose for the fourth consecutive month during February, figures from Halifax show, but it is unclear how long...
08 March 2024
From: Breaking News
When the Chancellor stood up to deliver the Spring Budget on Wednesday, those of us in the property business could be...
08 March 2024
From: Breaking News
As the Budget approaches and the housing crisis intensifies, it is important to consider what the Chancellor could – and should...
02 March 2024
From: Features
A variety of charities have received support from the property industry over the past week. If there are charitable endeavours you think...
01 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
Almost 2m aspiring homeowners do not think they will be able to follow in the footsteps of their parents by owning...
26 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
Down-valuations appear to be on the rise and it is shocking agents and mortgage brokers. Property professionals have seen an uptick in...
23 February 2024
From: Breaking News
Rumours of the launch of a 1% mortgage deposit scheme have re-emerged with just weeks to go until the Spring Budget Chancellor...
23 February 2024
From: Breaking News
Every year the media writes a lot about house price crashes, and often pose the question whether this is the year...
23 February 2024
From: Breaking News
Properties favoured by first-time buyers are typically selling for an average of 8% or £20,300 below the local market average, Zoopla...
22 February 2024
From: Breaking News
Compared with a decade ago, today's first-time buyers are older, more likely to buy with a partner and more likely to...
17 February 2024
From: Features
The times, they are indeed a-changin’. But what Dylan may not have appreciated, however, was how fast that change would be...
08 February 2024
From: Breaking News
Compared with a decade ago, today's first-time buyers are older, more likely to buy with a partner and more likely to...
03 February 2024
From: Features
Average house prices rose between December and January but a rapid rebound is unlikely, Nationwide has warned. The latest Nationwide House Price...
01 February 2024
From: Breaking News
The number of first-time buyers fell by a fifth last year but this cohort still made up the largest proportion of...
31 January 2024
From: Breaking News
Building more homes is a better solution than mortgage schemes to support first-time buyers, a Zoopla executive has claimed. Richard Donnell, executive...
30 January 2024
From: Breaking News
Mortgage rates may be falling but tougher lending criteria is stifling many borrowers, including high earners. Research by Investec has found the...
30 January 2024
From: Breaking News
The Government’s latest attempt to bolster the property appears to be 1% deposit mortgages. Chancellor Jeremy Hunt is reported to be considering...
22 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...
15 January 2024
From: Breaking News
Only a tenth of first-time buyers have managed to get on the property ladder without additional support, a survey has revealed. Comparison...
11 January 2024
From: Breaking News
One of the most heart-warming parts of my job is having the privilege to be the patron of Agents Giving, the...
11 December 2023
From: Breaking News
There has no doubt been many commenting on Chancellor Jeremy Hunt’s recent Autumn Statement held a couple of weeks ago. We...
09 December 2023
From: Features
I think we can all agree that the National Trading Standards Material Information reforms are a good thing for the property...
06 December 2023
From: Sponsored Content
There has no doubt been many commenting on Chancellor Jeremy Hunt’s recent Autumn Statement held a couple of weeks ago. We...
06 December 2023
From: Features
HMRC recorded the slowest October for property sales since 2021 last month. The latest property transaction figures from the taxman estimates that...
01 December 2023
From: Breaking News
The Autumn Statement ended up being silent on Stamp Duty reforms and direct housing market stimulus but there were some nuggets...
23 November 2023
From: Breaking News
Nationwide has called for an independent review of the first-time buyer market as it urges the Chancellor to boost support for...
20 November 2023
From: Breaking News
The role of a residential landlord has changed considerably over the years. What was once a relatively straightforward means of generating...
18 November 2023
From: Features
Low deposit home buyers have been given a boost after product choice hit a 14-month high. Data from Moneyfacts shows the number...
14 November 2023
From: Breaking News
Single first-time buyers with low deposits are priced out of much of the property market, research suggests. New analysis using the latest...
03 November 2023
From: Breaking News
Why professional indemnity claims are on the rise In today's volatile economic landscape, the uncertainty faced by landlords and tenants has reached...
01 November 2023
From: Features
On Halloween eve, Safestyle decided to give everyone a real fright and announced the company had gone into administration. This has...
01 November 2023
From: Features
The best way to judge the UK housing market is to check on what’s happening in Parliament, not the price indices...
31 October 2023
From: Breaking News
A new analysis of the housing market has assessed 50 cities in the UK to establish which is best for first...
26 October 2023
From: Breaking News
As the UK economy faces a period of uncertainty characterised by a cost of living crisis and soaring inflation rates, many...
25 October 2023
From: Features
An opinion piece by Sam Reynolds, CEO of Zero Deposit Just weeks ago, the Bank of England brought a halt to its...
21 October 2023
From: Features
Hands-up who likes doing check-in reports? These start-of-tenancy reports may not be the most popular of activities for the letting agent...
18 October 2023
From: Features
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
A Labour council has revealed that it’s bought 15 open market homes, beefed up their energy efficiency and will use them...
03 October 2023
From: Breaking News
There’s growing evidence that wider family members - not just Mum and Dad - are stumping up cash to help younger...
03 October 2023
From: Breaking News
The number of first-time buyers has fallen this year but the proportion of sales to this cohort remains the same due...
27 September 2023
From: Breaking News
It is just over one year since former Prime Minister Liz Truss and Chancellor Kwasi Kwarteng’s ill-fated mini-Budget and homeowners and...
25 September 2023
From: Breaking News
Mortgage borrowers now have the greatest choice of home loan products since February 2022, Moneyfacts data suggests. It is a boost for...
13 September 2023
From: Breaking News
Mortgage searches on behalf of borrowers using gifted equity or making a concessionary purchase from a family member rose by 75%...
12 September 2023
From: Breaking News
The Government is facing calls to resurrect the Help to Buy Equity Loan scheme. The housing support scheme, which provided a Government-backed...
11 September 2023
From: Breaking News
The Government’s First Homes Scheme is set to be the first state-backed initiative to use digital property logbooks. It comes after a...
11 September 2023
From: Breaking News
I sometimes wonder just how far our national obsession with buying our own homes will stretch. First-time buyers are prepared to save...
02 September 2023
From: Features
The end of a tenancy can be busy and stressful. As the letting agent, you’ll have many plates spinning to move...
02 September 2023
From: Features
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
Forget the Bank of Mum & Dad, now even siblings are chipping in to help brothers and sisters onto the property...
29 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
Higher mortgage rates have replaced the 'race for space' as the primary reason for buying outside of London this year, research...
07 August 2023
From: Breaking News
The property market is unstable at the moment making it increasingly difficult for first-time buyers to get on the ladder. As a...
05 August 2023
From: Features
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
A mortgage expert has expressed concern about the level of borrowers still taking out high loan-to-value government-backed home loans despite falling...
19 July 2023
From: Breaking News
A new study of 130 locations across the UK reveals huge ‘postcode lottery’ differences as to how quickly a first time...
11 July 2023
From: Breaking News
The UK is heading for a further drop in housebuilding, according to the latest Purchasing Managers Index data by S&P and...
08 July 2023
From: Features
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
With the Bank of England’s rate rise to five per cent, soaring rents, and the cost-of-living crisis, now is the time...
24 June 2023
From: Features
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
New analysis from Rightmove claims to reveal the cheapest UK city for a first time buyers to get on the property...
01 June 2023
From: Breaking News
The average first-time buyer in Britain has seen the cost of a home increase by £25 per day since interest rates...
31 May 2023
From: Breaking News
The most common time for a property sale to fall through is in the second week after the sale is agreed,...
30 May 2023
From: Breaking News
Great story this week about the estate agent in St John’s Wood who found a purse in the back of a...
27 May 2023
From: Features
Following publication of the Renter’s Reform Bill and the media coverage surrounding it, many agents and their landlords will understandably have...
27 May 2023
From: Features
Annual house price growth slowed for the fifth consecutive month during March and remains negative on a monthly basis, Land Registry...
25 May 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
Not every story about our industry makes me smile but I was delighted to read in the trade press about someone...
11 May 2023
From: Breaking News
Skipton Building Society has unveiled details of the first 100% loan-to-value mortgage launched since the 2008 financial crisis. Aimed at renters, the...
10 May 2023
From: Breaking News
100% mortgages are rumoured to be making a comeback. The products were blamed as a cause for the 2008 financial crash, with...
09 May 2023
From: Breaking News
Letting agents are between a rock and a hard place when it comes to opening a client account and getting Client...
06 May 2023
From: Features
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
A company aiming to “disrupt the conventional homebuying space” has raised £8m in a Series A equity funding round. Wayhome offers a...
28 April 2023
From: Breaking News
An award-winning charity will cut the cost of homeownership in Wigan by up to £10,000, by offering buyers the chance to...
22 April 2023
From: Features
For just over a decade, the Government has operated ‘Help to Buy’ schemes in England. The first of these, ‘NewBuy’, which...
15 April 2023
From: Features
Eight agents were excluded from The Property Ombudsman (TPO) scheme during the first quarter of 2023 including collapsed online brand Doorsteps for...
06 April 2023
From: Breaking News
Home-movers are being warned to be on alert for ‘Friday afternoon fraud,’ which experts claim is becoming more common since the...
30 March 2023
From: Breaking News
As the first signs of spring begin to appear, we look at how letting agents and landlords can start the season...
25 March 2023
From: Features
As the first signs of spring begin to appear, we look at how letting agents and landlords can start the season...
25 March 2023
From: Features
It was a busy 2022 for the so-called Bank of Mum and Dad and 2023 could be more manic for parents,...
15 March 2023
From: Breaking News
From first-time buyer support to Stamp Duty changes or just doing nothing at all, there is plenty that agents and property...
13 March 2023
From: Breaking News
With no ease up on the cost of living crisis, understandably many agents’ primary concern is whether or not their tenants...
11 March 2023
From: Features
Annual house price growth has fallen for the first time since June 2020 and is now at its weakest level since...
02 March 2023
From: Breaking News
Half of first-time buyers say house prices would need to fall up to 20% for them to consider making a purchase,...
10 February 2023
From: Breaking News
The interest rate on a five-year fixed rate mortgage has fallen below 4% for the first time since the financial market...
08 February 2023
From: Breaking News
It seems as if optimism is out of fashion right now: just look at the headlines to see what I mean....
03 February 2023
From: Breaking News
Some top tips for saving for a deposit If you’re a first-time buyer - or even if you’re taking the next step...
21 January 2023
From: Features
Most letting agents are already carrying out inspections for check-in and check-out reports (hopefully). Some are going further and conducting interim...