Archive

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

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

The number of new sellers coming to the market is up by 12% compared to this time a year ago, and...

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

New data suggests Thursday 28 March was the biggest day for the number of new sellers coming to market so far...

Epsom and Ewell, Epping Forest and Dartford have been named as the top London leaver hotspots as buyers continue to move...

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

Just one estate agency has signed up to become a UK-regulated agent to verify overseas entities for property ownership. The Register of...

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

Average asking prices have grown on an annual basis for the first time in six months but properties are taking longer...

LSL Property Services yesterday announced the completion of its acquisition of TenetLime  The property brand announced in August that it had acquired the mortgage...

The property industry is no stranger to shifts in the technology landscape. The past year in particular saw rapid growth in technology...

Happy New Year and welcome to what’s looking like a busy - perhaps even hectic - 2024! I thought it worth running...

The Register of Overseas Entities has hit the 30,000 registration milestone. The register, which is administered by Companies House, came into force...

This year has seen an ongoing cost-of-living crisis, fluctuating mortgage rates, rising rents, and the threat of falling property prices. Although average...

The number of agents reporting listings selling for under asking price has hit its highest level this year as Propertymark warns...

This week saw around 80 conveyancing firms across the UK paralysed by a service outage caused by a ‘cyber incident’ on...

A buying agent has given his backing to the prospect of a Stamp Duty and Inheritance Tax (IHT) cut during this...

By Kevin Shaw, National Sales, Managing Director, Leaders Romans Group This year has seen an ongoing cost-of-living crisis, fluctuating mortgage rates, rising...

Chestertons has launched a new initiative with its e-Bike partner Forest that it hopes will get 5,000 of its customers and...

The number of property sales recorded by HMRC is at its lowest level for almost a decade. New HMRC property transactions data...

The number of mortgage approvals for home purchase hit an eight-month low during September, Bank of England data shows. Mortgage data from...

Estate agents sold a record number of properties via online auction between July and September, figures from proptech firm iamproperty have...

Simon Jackson is Managing Director of SDL Surveying If we look at the latest data, it looks like there is something of...

Three men who set fire to an estate agency branch in Luton while residents of upstairs flat were home have been...

The latest market snapshot from Propertymark suggests a more pessimistic view of the market. The trade body’s latest Housing Insight report says...

House price growth fell to its lowest annual rate since 2012 in August, official data shows. The latest Land Registry House Price...

A few weeks ago I asked an estate agent friend how the market was treating him. "I feel like I’ve had a...

Property professionals remain negative about the prospects for the housing market over the coming months amid low buyer demand and fewer...

Demand for residential property remains fragile despite a pause in interest rate rises, Knight Frank claims. While the number of new prospective...

House prices fell for the sixth consecutive month in a row during September and dropped at the fastest rate since August...

Agents are securing sales closer to asking price but properties are taking longer to sell, new data suggests. Analysis by Hamptons, using...

Prime London property values are not falling as far as the rest of the market but realistic pricing will be crucial...

Jamie Lester is set to revive the HAUS Properties brand that he previously founded and quit. Lester, a former contestant on The...

The old adage that estate agency is a people business is rarely more relevant than right now, when the market is...

UK housing market activity "remains weak" according to the Nationwide. Its latest house price index shows that prices declined 5.3 per cent...

Property sales and mortgage approvals both fell annually in August, official data shows. Figures from HMRC show UK residential transactions were down...

As much of the country battened down the hatches for the first storm of the season, there may have been a...

Rising numbers of property owners are dropping the asking price of their homes in a bid to secure a quick sale.  Latest...

Estate agents are 54% more likely to secure a sale agreed on an off-market instruction than a property switched to them...

The number of first-time buyers has fallen this year but the proportion of sales to this cohort remains the same due...

We might be at the start of an improving housing market, suggests Propertymark. In its latest market snapshot, concentrating mostly on August,...

The Bank of England has held off on further interest rate rises for now but agents warn that there is still...

The rate of inflation slowed from 6.8% to 6.7% in August, providing hope for homebuyers when it comes to high mortgage...

Fewer sellers are willing to cut their asking prices, Chestertons claims. The agent said vendors in the capital have already priced in...

The artificial intelligence (AI) platform, Bard, correctly guessed what the UK’s average house price would be in the Land Registry’s monthly...

The number of homes going under offer within 30 days of listing has dropped from 54% to 38% as buyers become...

The mortgage rate rollercoaster is finally winding down but pressure will remain on the property market, Knight Frank claims. New commentary from...

Auction House has sold a fifth more properties this year than the same period in 2022 despite the wider market slowdown. The...

Asking prices have fallen by the largest level since March 2019 and discounts are at their highest in more than a...

The ESTAS team and I are now on the final countdown to Friday 20th October.  Having run the event for twenty...

High mortgage rates and a lack of supply may mean the prime property market misses its typical seasonal boost in the...

Mortgage borrowers now have the greatest choice of home loan products since February 2022, Moneyfacts data suggests. It is a boost for...

Marketing expert Simon Leadbetter has recommended that Purplebricks absorb its owner’s brand to consolidate its market position.  Leadbetter, former group marketing director...

Mortgage searches on behalf of borrowers using gifted equity or making a concessionary purchase from a family member rose by 75%...

House prices have fallen at the steepest rate since 2009, Halifax data shows. The latest Halifax House Price Index for August suggests...

It’s a great time to be a homebuyer if purchasers can afford it, TwentyCi has claimed. It comes as the property data...

House prices fell at their fastest rate since July 2009 last month, according to Nationwide.  The lender’s latest House Price Index shows...

If, like me, you’re an ardent England rugby fan or indeed a fan of rugby in general, you’ll be counting down...

Uncertainty over interest rates continues to dominate the thoughts of many working in the property sector.  Here in his latest column property...

Foxtons remains confident about the property market despite sliding house price growth. It comes as data from Rightmove revealed that asking prices...

Asking prices of new listings have dropped 1.9% this month, the largest fall in August since 2018. Data from Rightmove shows asking...

The number of properties going under the hammer has increased but there has been a dip in the percentage of lots...

Time is running out for agents to submit their final customer reviews for consideration in the prestigious 2023 allAgents Customer Experience...

House price growth and inflation has continued to slow but there are warnings that further interest rate cuts could still dent...

There is uncertainty in the market but it is still moving, TwentyCi claims. It comes as figures from the property data company...

In his latest column Jonathan Rolande explains why estate agents shouldn’t be distracted by the latest house price index figures. Nobody reading...

A house removal specialist and a consumer property group reckon they’ve discovered the busiest day of the year for moving. It’s Friday...

Experts are warning that the weekend’s better than expected economic news could indirectly hurt the housing market. The UK economy grew by...

The Halifax is warning that house price falls will continue into 2024. It cautions that price drops will be “gradual, rather than...

Propertymark says that sellers who strive to find a “middle ground” in today’s difficult market can still turn a healthy profit...

Cash purchasers, younger needs-based buyers and relocators are the driving force behind the current prime UK property market, according to research...

OnTheMarket is to launch a six-part podcast series aimed at demystifying the home moving process for less experienced property seekers. It comes...

House prices dipped at their fastest rate since 2009 last month, new data shows. The latest Nationwide House Price Index revealed average...

Rightmove has launched a new tool to help agencies manage their training with the portal. The new tool ‘Teams View’ is available...

Interest rates could peak at 6.5%, an economist has warned, but it will take a while to hit the housing market. Azad...

Keller Williams UK’s (KWUK) Gatwick market centre is rumoured to have closed but the self-employed agency network’s chief executive Ben Taylor...

Two sets of housing data have suggested a declining property market, with further price drops on the horizon. Halifax has recorded the...

The property market appears to have stalled in April and May, with official data showing a dip in house prices and...

Zoopla founder Alex Chesterman has fallen out of the 2023 Sunday Times Rich List while Foxtons supremo Jon Hunt has seen...

The company behind Keller Williams' Evolve Market Centre - TBF Centres - has entered voluntary liqudation, Companies House documents show. It comes...

Cooling house prices are resulting in the average estate agent losing around £441 of per month, research suggests. Hybrid agent Nested has...

The impact of last year’s mini-Budget on the property market are “fading,” agents have claimed after the latest Nationwide housing data...

Shares in Winkworth rose close to their recent highs yesterday despite the agency franchise brand reporting a drop in revenues and...

The property market remains weak but there are long-term signs of stability, the Royal Institution of Chartered Surveyors (RICS) claims. The latest...

Average UK house prices were hit by the largest annual decline since July 2009 last month. Nationwide’s latest House Price Index suggests...

The level of mortgage approvals for home purchases bounced back in February, Bank of England figures show, but buyers are borrowing...

A financial adviser has hit out at the Bank of England, claiming homeowners and business should be furious about its interest...

New analysis may called into question the experience of firms approved to check the Government’s flagship register of overseas entities (ROE). The...

A more stable picture of the housing market may be emerging, the Royal Institution of Chartered Surveyors (RICS) has suggested. It comes...

AML experts SmartSearch warn estate agents that, with so many firms still hiding behind ‘opaque corporate structures,’ proper due diligence has...

Halifax has recorded the lowest level of annual house price growth for three years. Its latest House Price Index for January 2023...

The property market has been warned to expect fewer sales and more expensive mortgages after interest rates were raised for the...

The ‘fizz’ has left the market, an industry veteran has claimed after the Nationwide House Price Index revealed a second consecutive...

Readers of a certain age may remember 1983. The Space Shuttle Challenger made its first flight, Neil Kinnock was elected Labour leader,...

The housing market is struggling to regain momentum following the mini-Budget but a ‘soft landing’ is possible, Nationwide suggests. The lender is...

‘Needs-based’ buyers will dominate the property market in the early part of 2023 while equity-rich lifestyle buyers will have their moment...

The sales market is back in the hands of buyers, Propertymark claims. New data from the agency trade body shows 72% of...

The end of last year’s Stamp Duty holiday has given a temporary boost to house price data for October 2022. The latest...

A former adviser to Boris Johnson who is running to be the Tory candidate for London Mayor has promised to put...