Archive

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

The average price of a home in Wales fell to £229,263 in the first quarter of 2024, making this the fifth...

Winkworth has revealed that it has not renewed franchises on offices “where our standards were not being met and results were...

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

Lenders are predicting a busy quarter for supply and demand of mortgages. The Bank of England’s latest Credit Conditions Survey showed lenders...

Mortgage approvals rose for the sixth consecutive month in February and are at the highest level since September 2022, Bank of...

Property blockchain network Coadjute has secured a £10m investment from Lloyds Banking Group, Nationwide, Natwest, and Rightmove.  This is the first time...

Estate agents are hopeful for a busy spring market after official data showed a small rise in property sales in recent...

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

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...

The ripple effect of a property sale that falls through is, without exception, one of the most frustrating and disappointing events...

The best news for the property sector to come from Chancellor Jeremy Hunt’s Spring Budget statement came not from any fiscal...

The gap between the price a seller wants and what a buyer is willing to pay is at risk of widening,...

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

Average house prices rose for the fourth consecutive month during February, figures from Halifax show, but it is unclear how long...

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

Mortgage approvals increased for the fourth consecutive month in a row during January but that hasn’t fed into official sales yet, data...

Propertymark has added its name to calls for Stamp Duty reform and has also urged lenders to develop more affordable mortgage...

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

A senior estate agent has described the Government’s pledge to compel councils to cut red tape in favour of development as...

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

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

Homebuyer and seller activity has finally started to turn positive, according to the Royal Institution of Chartered Surveyors (RICS) suggests. The latest...

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...

The number of mortgage approvals hit a six-month high in December as falling mortgage pricing and renewed buyer confidence “breathed new...

The housing sector remains locked in a buyers’ market and prices are unlikely to rise nationally this year, Zoopla claims. While some...

House prices fell at their fastest rate since 2011 during November 2023, the Land Registry has revealed. The latest Land Registry House...

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

As Conveyancers we operate in such a volatile market, where government economic policy can and has repeatedly made our professional lives...

Chris Hemmings, Parter in Carter Jonas’ Planning & Development team We’re confident of a better start to 2024 than 2023. The news that...

The level of mortgage approvals hit a four-month high in November, Bank of England data reveals. There were 50,067 mortgage approvals in...

As 2023 trundles towards the buffers and we look forward to our Christmas break, it is something of a seasonal phenomenon...

Inflation fell to its lowest level in two years during November, raising hopes that interest rate cuts and lower mortgage pricing...

House prices are set to fall further next year, two major lenders claim. The house prices indices of Halifax and Nationwide have...

The Bank of England maintained interest rates at 5.25% yesterday, raising hope among agents that this would boost buyer confidence and...

The value of gross mortgage advances increased during the third quarter but future lending commitments have dropped, Bank of England data...

Household finances remain stretched and the full impact of higher interest rates and mortgage pricing has yet to fully hit the...

House prices increased for the third month in a row during November but are still down annually, Nationwide data shows. The lender’s...

The number of mortgage approvals for house purchase has hit a three-month high, Bank of England data shows. Figures from the Bank...

Chancellor Jeremy Hunt will deliver his Autumn Statement this afternoon amid rumours of Stamp Duty reforms and support for first-time buyers. The...

The rate of inflation has fallen to the lowest level in two years, raising hopes of a boost for the property...

It wouldn’t be sensible to jump to a firm conclusion about the prospects of the housing market this side of Christmas,...

Right now, it feels like we are living in a housing market full of contradictions. Despite the best endeavours of Liz Truss,...

The UK’s housing market is past ‘peak pain’ and looks set to bottom out in mid-2024, according to Savills. The agency giant’s...

Mortgage rates could be set to finally fall below 5%, brokers claim. The pricing of home loans has rocketed this year amid high...

Rightmove has secured guests from the Bank of England to join a live webinar for agents today. The event aims to break...

Interest rates were held for a second consecutive month yesterday, giving agents renewed hopes that the cost of borrowing has reached...

Nationwide has cautioned property market commentators about being too optimistic as its own house price index showed average prices surprisingly rose...

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

The best way to judge the UK housing market is to check on what’s happening in Parliament, not the price indices...

The latest guests to join Rightmove’s Autumn webinar schedule include a Generative AI expert from Google and representatives from the Bank...

The property market’s 18-month “white-knuckle ride” is coming to an end, Tom Bill claims. Speaking on the Guild of Property Professionals’ The...

An opinion piece by Sam Reynolds, CEO of Zero Deposit Just weeks ago, the Bank of England brought a halt to its...

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...

Mortgage lenders are braced for a slower market over the rest of the year. The latest Bank of England Credit Conditions Survey...

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...

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...

Keller Williams UK (KWUK) is set to hold its largest ever UK event.  The KWUK Megacamp will take place at the VUE cinema in...

In his latest column Jonathan Rolande reacts to the shock but much-needed pause in interest rate rises. I suspect you, like me,...

Since the Bank of England base rate started making large jumps around the middle of last year, mortgage rates have increased...

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...

The Bank of England is facing calls to hold off on raising interest rates this week. Its Monetary Policy Committee is set...

Around half a million mortgage-holders are facing an imminent financial shock as their fixed deals end in the run-up to Christmas...

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

In his latest column Jonathan Rolande explains how those working in the property can best navigate the challenges the market is...

To help or not to help: that is the question the government is facing with regard to under-pressure private rented sector...

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

The number of mortgage approvals for home purchase hit a five-month low in July. Bank of England data shows there were 49,444...

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

Homebuyers and borrowers could be set to benefit from a mortgage price war, a property expert claims. Jonathan Rolande, from the National...

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

Mortgage lenders are at last cutting their rates on some deals, confident that the Bank of England’s base rate may rise...

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

Agents and property professionals have expressed hopes that rates have peaked after latest rise Iin the cost of borrowing. The Bank of...

Agents and property professionals will be keeping an eye on Threadneedle Street in London today, with the Bank of England expecting...

The number of mortgage approvals edged up for a second month in a row during June but remains below 2022’s monthly...

HMRC has recorded the lowest level of UK property sales for the month of June since 2020. The latest property transaction data...

Average mortgage rates have dropped slightly, providing possible respite for homebuyers. The latest Moneyfacts data shows the average two-year fixed mortgage rate...

Renters are putting off their buying plans until property becomes more affordable, according to the latest research from The Mortgage Lender...

As the Governor, Andrew Bailey, announces his plans to install heat pumps at the Bank of England, we are increasingly hearing...

The publication of inflation figures by the government tomorrow will be a Do-Or-Die moment for the housing market, it’s been claimed. At...

The level of sales agreed has fallen below its normal market trend for this time of year but the “right-priced” properties...

Almost half of adults who currently pay rent or a mortgage have seen their payments increase over the past six months...

Mortgage borrowers are facing higher costs but banks are ‘resilient enough’ to withstand a 30% fall in house prices, the Bank...

The UK real estate industry faces a “particularly precarious” situation in the near to medium term, according to analysts at the...

House prices are falling at their fastest rate in 12 years, dropping £7,500 on average over the past 12 months, according...

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

Mortgage approvals rose between April and May but are down by a quarter annually, underlining the uncertain market. Bank of England data...

After yet another tumultuous week in the property market, many of those working sector will be breathing a huge sigh of...

The hit to the economy from soaring mortgage rates will be equivalent to a 2p income tax hike, new analysis by...

Chancellor Jeremy Hunt has secured promises from banks to be more flexible with mortgage borrowers amid concerns about rising rates. Average mortgage...

With the Bank of England’s rate rise to five per cent, soaring rents, and the cost-of-living crisis, now is the time...

The National Association of Property Buyers’ Jonathan Rolande gives his take on a manic week for the property market. This is the week when...