We all know that first-time buyers have had a tough time of it lately. Mad mini-budgets resulting in higher interest rates...
Archive
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...
15 January 2024
From: Breaking News
After months of negative messaging and anti-development sentiment, espoused both nationally by the Government, and locally during May’s local election campaigning,...
13 January 2024
From: Features
As Conveyancers we operate in such a volatile market, where government economic policy can and has repeatedly made our professional lives...
13 January 2024
From: Features
Winkworth's network completed sales for the year fell by some 19% in 2023, the agency franchise brand has revealed but it...
11 January 2024
From: Breaking News
Let’s start at the very beginning - Happy New Year. Now, let’s give thanks to the guy who made January 1st...
06 January 2024
From: Features
Chris Hemmings, Parter in Carter Jonas’ Planning & Development team We’re confident of a better start to 2024 than 2023. The news that...
06 January 2024
From: Features
The level of mortgage approvals hit a four-month high in November, Bank of England data reveals. There were 50,067 mortgage approvals in...
05 January 2024
From: Breaking News
Average house prices ended 2023 down 1.8%, according to Nationwide. The lender’s December House Price Index, based on its own mortgage lending...
02 January 2024
From: Breaking News
The last thing you want as we rake through the dying embers of 2023 is a journalist’s prediction of what’s going...
30 December 2023
From: Features
Lower interest rates and real wage growth will halt price falls next year but sales will remain lower, Hamptons has predicted Forecasts...
28 December 2023
From: Breaking News
Prime buying agency Black Brick has seen cash buyers double this year. Data from the buying agent shows 66% of clients have...
27 December 2023
From: Breaking News
New homes – we need more in ‘24 2023 was a year which saw the 'need to moves' active in the housing...
23 December 2023
From: Features
This year has seen an ongoing cost-of-living crisis, fluctuating mortgage rates, rising rents, and the threat of falling property prices. Although average...
23 December 2023
From: Features
In assessing the outlook for property auctions in 2024, it's crucial to look beyond interest rates. The real driving force behind...
23 December 2023
From: Features
What will happen to house prices? Should I rent or buy? Will a Labour or Tory Government be better for homeowners....
22 December 2023
From: Breaking News
Inflation fell to its lowest level in two years during November, raising hopes that interest rate cuts and lower mortgage pricing...
21 December 2023
From: Breaking News
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
So Christmas is coming – soon. Traditionally a time for reflection on what’s past and prediction on what’s to come. Last week...
09 December 2023
From: Features
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
After months of doom and gloom about the property market, it finally feels like there are green shoots on the horizon. I’m...
08 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
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
House prices increased for the third month in a row during November but are still down annually, Nationwide data shows. The lender’s...
04 December 2023
From: Breaking News
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
Chancellor Jeremy Hunt will deliver his Autumn Statement this afternoon amid rumours of Stamp Duty reforms and support for first-time buyers. The...
22 November 2023
From: Breaking News
By Kevin Shaw, National Sales, Managing Director, Leaders Romans Group This year has seen an ongoing cost-of-living crisis, fluctuating mortgage rates, rising...
18 November 2023
From: Features
The Land Registry has recorded the first annual drop in property values for a decade in its house price index. Both the...
16 November 2023
From: Breaking News
Stamp Duty cuts won’t give the property market the boost it needs, an agency chief executive has warned. Dominic Agace, chief executive...
15 November 2023
From: Breaking News
Agency brand Chestertons has joined calls for Chancellor Jeremy Hunt to include Stamp Duty reform in his Autumn Statement. Hunt will deliver...
10 November 2023
From: Breaking News
House price falls could continue into 2024 as high interest rates continue to make it difficult for homebuyers to transact, an...
10 November 2023
From: Breaking News
Mortgage rates could be set to finally fall below 5%, brokers claim. The pricing of home loans has rocketed this year amid high...
07 November 2023
From: Breaking News
It’s that time of year already: Halloween’s happened, Bonfire Night’s blown itself out, and there’s now a feast of festivities leading...
07 November 2023
From: Breaking News
Paul Johnson, Head of Corporate Sales at Leaders Romans Group (LRG) Commercial property has historically been viewed as the more profitable asset...
04 November 2023
From: Features
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
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
By Kevin Shaw, National Sales Managing Director, Leaders Romans Group As the cost-of-living crisis continues to impact the UK, many of us...
28 October 2023
From: Features
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
Inheritance Tax receipts for April to September 2023 have soared to £3.9 billion, some £0.4 billion higher than the same period...
24 October 2023
From: Breaking News
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
Propertymark has frozen membership fees for 2024. Acknowledging the impact of ongoing inflationary pressure and high-interest rates, the agency trade body has...
20 October 2023
From: Breaking News
OnTheMarket (OTM) has warned of a “challenging backdrop” for agents which may impact the portal’s annual revenue. It comes amid rumours, reported...
19 October 2023
From: Breaking News
UK consumers are feeling financially worse off than they were a year ago but this sentiment isn’t necessarily reflected when it...
16 October 2023
From: Breaking News
Housing supply rather than the private rented sector (PRS) made the headlines during the Conservative and Labour Party conferences this year...
14 October 2023
From: Features
Property professionals remain negative about the prospects for the housing market over the coming months amid low buyer demand and fewer...
12 October 2023
From: Breaking News
Who are you and what does it say on your business card? My name is Jake Gann and my business card says...
10 October 2023
From: 60 Second Interview
Who are you, and what does it say on your business card? I'm Ashley Day, the Director of Bristol Property Centre. What is...
09 October 2023
From: 60 Second Interview
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
The “ticking time bomb” of Help to Buy repayments could be set to explode due to the cost of living crisis,...
06 October 2023
From: Breaking News
Prime London property values are not falling as far as the rest of the market but realistic pricing will be crucial...
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
UK housing market activity "remains weak" according to the Nationwide. Its latest house price index shows that prices declined 5.3 per cent...
03 October 2023
From: Breaking News
Buyers and sellers are still factoring energy efficiency into property valuations despite Prime Minister Rishi Sunak rolling back net-zero reforms. Analysis by...
27 September 2023
From: Breaking News
We might be at the start of an improving housing market, suggests Propertymark. In its latest market snapshot, concentrating mostly on August,...
26 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...