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KEYWORD "Bank of England" - 126 RESULTS
Brexit No Deal means interest rates ‘could go either way’

The Bank of England has once again maintained base rate at 0.75 per cent - but it is warning that the...

20 September 2019

From: Breaking News

Brexit: Deal or No Deal could hit base rate and then mortgage costs

The Bank of England’s monetary policy committee - which meets monthly to set the base rate on which the costs of...

02 August 2019

From: Breaking News

Property Natter - is a no deal Brexit real life, or is it just fantasy?

It’s now more than three years since the EU referendum result in June 2016, and we’re still no clearer on when...

13 July 2019

From: Features

There’s never been a better time for property to rise above politics

Four years ago, as we approached the general election, Andrews Property Group held a roundtable debateon the impact the election might have...

08 June 2019

From: Features

What would a Corbyn government mean for sales and lettings?

While media attention has been on Theresa May, Brexit and the Tories, chatter in the agency industry has been about what...

25 May 2019

From: Features

Labour plans to control house prices dismissed as “bordering on the insane”

Labour is proposing two methods of controlling house price rises should it win the next General Election - and the ideas...

11 April 2019

From: Breaking News

Brexit splits first time buyers across the country say Guild agents

It’s not just the high-end market for homes in the south east that’s hit by Brexit according to the Guild of...

06 March 2019

From: Breaking News

It's true: buying a home now is much MORE affordable than a decade ago

Monthly mortgage payments as a proportion of income have dropped to 31 per cent now from 43 per cent a decade...

22 February 2019

From: Breaking News

Mortgage approvals now more than 30% down on long-term norms

The latest Bank of England mortgage figures suggest that approvals for home buyers are running at more than a fifth below...

08 January 2019

From: Breaking News

Brexit bites as house price growth drops to near six-year low

A slew of property experts and commentators have put the blame on Brexit for a surprise drop in house price growth...

07 January 2019

From: Breaking News

What next for property in 2019?

As 2018 draws to a close, it is fair to say that stretched affordability and uncertainty over the Brexit negotiations has...

29 December 2018

From: Features

Marketing your way through challenging times

It is something of an understatement to say that we are in challenging times. BREXIT is unresolved and we wait with...

18 December 2018

From: Sponsored Content

Brexit's housing silver lining (but only for overseas buyers, it seems...)

A high-end estate agency selling some of the country’s most expensive homes says the possible currency falls resulting from Brexit chaos...

30 November 2018

From: Breaking News

Brexit Shambles: No Deal impact on house prices to take centre stage

Newspapers are reporting that Brexit’s impact on house prices - especially if there is No Deal - are likely to take...

27 November 2018

From: Breaking News

Deal or no deal – how could Brexit affect the property market?

A no-deal Brexit The biggest impact of a no-deal Brexit in relation to housing is a potential fall in house prices -...

24 November 2018

From: Features

Second EU Referendum would help housing market, claims agent

A London buying agent has called for a second referendum on Britain’s EU membership, suggesting that it would give more certainty...

22 October 2018

From: Breaking News

Brexit and Carney are to blame for slowing house sales, claims RICS

The latest market snapshot from the Royal Institution of Chartered Surveyors suggests the number of properties on estate agents’ books is now nearing...

11 October 2018

From: Breaking News

Emoov boss in Twitter outburst describing Mark Carney as dangerous

Bank of England governor Mark Carney says a no-deal Brexit exit could lead to a 35 per cent house price crash. The...

14 September 2018

From: Breaking News

Top economists still pessimistic about housing market fortunes

The EY ITEM Club, regarded as one of the most influential groups of economists in the UK, says it’s still “dubious”...

09 August 2018

From: Breaking News

Shock as average house price reaches its highest-ever level

In a surprise announcement, house prices picked up in July with the annual rate of growth rising from 1.8 per cent...

08 August 2018

From: Breaking News

It's not a big deal - agents try to brush off rate rise impact

Most estate agents have tried to dismiss the impact of the Bank of England’s base rate rise, which came following a...

03 August 2018

From: Breaking News

Interest rate rise today 'could hurt housing market balance' - warning

A leading estate agent is warning that an interest rate increase today ould hurt the delicate balance of the housing market. The...

02 August 2018

From: Breaking News

Mixed messages: transactions slump again but London prices improve

The latest transaction figures from HM Revenue and Customs make depressing reading - a three per cent drop between May and...

25 July 2018

From: Breaking News

London dominates 'high risk mortgage lending' league table

Locations in the capital dominate a league table of locations where the largest numbers of so-called ‘high risk’ mortgages are taken...

11 July 2018

From: Breaking News

No house price rises until 2023 - that's what left-wing think tank wants...

A left-leaning think tank is urging the Bank of England to manipulate the housing market to ensure house prices don’t rise...

11 July 2018

From: Breaking News

House price rises will struggle this year and next, say top economists

One of the UK’s leading group of economic experts has repeated its warning that housing market is not going to see...

09 July 2018

From: Breaking News

Estate agency as it used to be - EAT looks back at 2008

Estate Agent Today is 10 years old this weekend. We hope you’ll agree that’s a cause for celebration and a great...

29 June 2018

From: Breaking News

More gloom and doom: economists say market won't improve this year

The housing market “is clearly currently struggling to gain traction” and any real upturn ”will remain elusive over the coming months”...

20 June 2018

From: Breaking News

Sigh of relief as interest rate rise put off for now

The Bank of England’s Monetary Policy Committee has decided to keep the base rate unchanged at 0.5 per cent this month. The...

10 May 2018

From: Breaking News

Mortgage costs fall in first quarter of 2018, despite base rate worry

A new survey suggests that despite many lenders increasing their rates, most mainstream mortgages are down compared to the start of...

25 April 2018

From: Breaking News

Two more interest rate rises likely this year, top economists predict

The Ernst & Young ITEM Club - a group of economists highly regarded by politicians and some sectors of the property...

12 March 2018

From: Breaking News

Ten-year fixed rates on the up as early interest rate rise looms

Over the last few weeks, mortgage lenders have started to adjust their pricing in anticipation of a further interest rate rise...

21 February 2018

From: Breaking News

2018 to be challenging for housing market says forecasting group

This year is going to be “challenging” for the housing market according to the influential Ernst & Young ITEM Club, a...

06 February 2018

From: Breaking News

Chains getting more fragile as market weakens, warns estate agency

The London-focussed estate agency Cluttons says chains in central London are becoming increasingly fragile thanks to general uncertainty in the wider...

28 November 2017

From: Breaking News

Over 10 per cent of sellers change their minds because of rate rise

A survey suggests that over 10 per cent of existing homeowners have been deterred from selling thanks to the recent interest rate...

24 November 2017

From: Breaking News

How can agents use the interest rate rise to re-engage with clients?

We recently witnessed the Bank of England's Monetary Policy Committee (MPC) increase the base interest rate for the first time since...

07 November 2017

From: Sponsored Content

Base Rate UP - how will it affect the housing market?

The Bank of England has raised the base rate from 0.25 per cent to 0.5 per cent. The Bank’s monetary policy committee was...

02 November 2017

From: Breaking News

Market unlikely to be impact by small rate rise - even if it happens

Experts suggest that a possible interest rate rise this morning - if it is backed by a majority of members of...

02 November 2017

From: Breaking News

Mortgage approvals for buyers down for second month in a row

As the Bank of England’s Monetary Policy Committee consider whether to increase base rate later this week, new figures from the...

31 October 2017

From: Breaking News

'Agents worried about 2018 should sell up now' advises analyst

An industry analyst says some agents may find it tough to survive in 2018 if they’re hit by a double whammy...

24 October 2017

From: Breaking News

Interest rate rise on the cards after house price hikes fuel inflation

Analysts believe a rise in the Bank of England base rate is on the cards next month as a result of the...

18 October 2017

From: Breaking News

Some mortgage costs rising already, anticipating base rate hikes

Respected mortgage market monitor Moneyfacts says that the costs of some mortgages are already rising in the expectation of a base...

10 October 2017

From: Breaking News

Party conference season - A housing plan for UK Plc

And so concludes another party conference season.  We’ve followed the great and the good (both terms are debatable) around Torbay, Bournemouth,...

07 October 2017

From: Features

The market’s missing homemovers

It appears activity in the housing market in 2017 will be around 15% down on 2016. The number of housing transactions...

16 September 2017

From: Features

Agents cautious on improved mortgage approval figures

There’s good news for the housing market from new mortgage and remortgage approval figures showing growth in July after three flat...

31 August 2017

From: Breaking News

Could tax be the excuse to introduce national private rental licensing?

It’s not just the evenings drawing in that marks the approach of autumn - it’s also the return to work of...

26 August 2017

From: Features

Many mortgage rates still falling for now, market monitor says

The housing market may appear stagnant but one of the leading monitors of the mortgage market says many rates for borrowers...

11 July 2017

From: Breaking News

Forget stamp duty reform - There’s a new tax on the horizon

When it comes to provoking anger in property professionals, taxation takes some beating. Press releases are still arriving berating the December...

01 July 2017

From: Features

Prime sector - London prices fall; agency rebrand; new office

Average prices in prime central London remained flat in May but are down 6.6 per cent on the year according to...

22 June 2017

From: Breaking News

Property needs to rise above politics now more than ever

“Housing policy should be in independent hands.” That was the conclusion of a panel debate that Andrews held, not recently, but two...

17 June 2017

From: Features

Disappointing mortgage figures suggest housing market is increasingly cautious

The Bank of England is warning that approvals of mortgages for property purchases in March were at a lower-than-expected 66,837, the weakest...

05 May 2017

From: Breaking News

Transaction volumes rally according to latest figures from HMRC

Property transactions rose marginally in March this year, up 0.5 per cent on February’s total according to figures from HM Revenue...

24 April 2017

From: Breaking News

Mortgage market review

In recent years the mortgage industry has gone through some testing times. Recession and regulation have led to more stringent lending...

08 April 2017

From: Features

What does the future hold for the buy-to-let market?

Over the past two decades, investing in buy-to-let has been a relatively easy way to make money, which is why so...

25 February 2017

From: Features

Buy-to-let mortgages: What opportunities and challenges lie ahead?

The rapid growth in popularity of buy-to-let in recent years, fuelled in part by the failings of the pensions industry, has...

17 February 2017

From: Features

Total number of homemovers fell during 2016

There were an estimated 354,000 homemovers in 2016, a fall of 4% compared to the 367,000 recorded the previous year. Analysis by...

25 January 2017

From: Breaking News

South West London is 'risky' mortgages hotspot

The highest number of 'risky' mortgages issued during 2015 was in South West London, according to new analysis of the latest...

24 January 2017

From: Breaking News

Good news - cheap mortgage deals likely to remain in place

A new report from the NatWest Bank nips in the bud any speculation that rising inflation may end the current cheap...

20 January 2017

From: Breaking News

Housing minister Barwell to face questions from estate agents

The National Association of Estate Agents has lured housing minister Gavin Barwell to speak at its conference next month.  Barwell will outline...

18 January 2017

From: Breaking News

Farewell to 2016 and a cautious welcome to 2017

There is no doubt that 2016 managed to catch the world by surprise on more than one occassion.  But will 2017 be...

14 January 2017

From: Features

Happy New Year from Estate Agent Today - this is what's in store...

This is the final Estate Agent Today until Tuesday January 3 2017, so everyone at Angels Media sends all good wishes for...

30 December 2016

From: Breaking News

Transactions down 7.3% in the past year, according to HMRC

Data from HM Revenue & Customs shows that the sale of residential properties rose a marginal 0.8 per cent last month...

22 December 2016

From: Breaking News

Another major forecaster says price rises will be sluggish next year

The Nationwide is the latest major industry forecaster to predict a sluggish average house price rise of two per cent in...

21 December 2016

From: Breaking News

Rightmove boss Shipside to speak at NAEA conference next year

Rightmove’s commercial director Miles Shipside, who makes relatively few appearances at industry events, is to be a speaker at the NAEA...

30 November 2016

From: Breaking News

What does a Donald Trump win mean for the UK property market?

It is fair to say that 2016 is a year full of surprises. Anyone who had the foresight to predict Britain...

12 November 2016

From: Features

Brexit uncertainty goes on as mortgage approvals drop 10% year-on-year

The latest Bank of England data on mortgage approvals - a key barometer for likely transactions for agents - shows Brexit...

01 November 2016

From: Breaking News

New rules being considered to handle mortgage arrears

The Financial Conduct Authority is consulting on new guidance to lenders on how to measure and treat the repayment of arrears...

20 October 2016

From: Breaking News

Rent rises are inevitable after tax clampdown on buy-to-let

Buy-to-let landlords may have failed in their recent legal battle against planned government tax relief changes for buy-to-let homes set to...

14 October 2016

From: Features

Ye cannae change the laws of physics

It is a tedious fact, but the housing market is underpinned by economic fundamentals. This won’t be a surprise.  However, at a...

14 October 2016

From: Features

Brexit weakens housing market across the south east, says Standard Life

The housing market has not fallen over in the wake of the Brexit vote, contrary to come predictions, “but there are...

07 October 2016

From: Breaking News

Crisis? - What Crisis? Surge in mortgages in 100 days since Brexit

Research from the consumer organisation Which? suggests that the number of mortgages on the market has increased by 13 per cent...

03 October 2016

From: Breaking News

Mortgage market defies Brexit jitters as rates hit record lows

Fears raised over the UK housing market in the wake of the Brexit vote have so far proved to be ‘wide...

30 September 2016

From: Features

Bank of England confirms tougher buy to let mortgage lending regime

The Bank of England’s Prudential Regulation Authority has confirmed that tighter regulations will apply to lenders providing mortgages for buy to...

30 September 2016

From: Breaking News

Is buy-to-let investing still a safe bet?

The huge rush to acquire buy-to-let property in the first quarter of the year ahead of the stamp duty change deadline...

09 September 2016

From: Features

Bank of England to cut base rate again in November, economists forecast

The Bank of England may cut its base rate again, but probably not until November predicts a survey of 59 leading...

07 September 2016

From: Breaking News

Brexit fears return after worse-than-expected mortgage figures

The Bank of England says the number of new mortgages fell to 60,912 in July, down from 64,152 the previous month...

31 August 2016

From: Breaking News

Retiring? Rely on property not pension, Bank of England boss advises

Many people think property a better prospect than a pension when it comes to long term financial security in retirement -...

30 August 2016

From: Breaking News

More Brexit bad news: consultancy says house prices to flatline

The investment advice company UBS Wealth Management says it is likely that UK house prices will flatline by the end of...

23 August 2016

From: Breaking News

Housing market boost as tracker mortgages fall to lowest-ever cost

There has been a spur in activity in the mortgage market since the Bank of England base rate dropped to 0.25...

17 August 2016

From: Breaking News

What has been the Brexit impact on the housing market so far?

The morning after the EU referendum, and Westminster, Britain, Europe and the world were left in shock at the news that...

05 August 2016

From: Features

Bank of England cuts base rate to 0.25 per cent

  The Bank of England has, as expected, cut its base rate to 0.25 per cent after a record seven years at...

04 August 2016

From: Breaking News

Property Natter: Q & A with Peter Brodnicki

As promised, this week’s Natter is dedicated to a question and answer session with Peter Brodnicki, the man who has been...

22 July 2016

From: Features

Bank of England says housing transactions 'resilient' despite Brexit

The Bank of England says there has been a dip in the housing market activity after the Brexit referendum result -...

21 July 2016

From: Breaking News

MIRAS: Could Theresa May go back to the future?

I’m indebted to one of the most enthusiastic estate agents I’ve had the pleasure of meeting for suggesting the subject of...

15 July 2016

From: Features

Squeezed activity shows why we should be grateful for new PM

What a month it has been. By the time you read this, we'll have a new Prime Minister, a new Cabinet,...

15 July 2016

From: Features

Agents say interest rate cut still likely despite surprise Bank vote

Estate agents and mortgage experts have reacted to the Bank of England’s surprise decision to keep base rate unchanged at 0.5...

15 July 2016

From: Breaking News

No change - Bank of England base rate stays at 0.5% for now

The Bank of England has kept its base rate to 0.50 per cent despite many analysts expecting it would be cut...

14 July 2016

From: Breaking News

Brexit means fewer transactions as price growth 'slackens' says Savills

One of the first major pieces of research to come from an estate agency following the EU referendum suggests the short-term...

14 July 2016

From: Breaking News

Carney says owners and buyers should budget for interest rate rises

House owners and buyers with mortgages in today’s market should budget to ensure they can “have enough headroom” for a rise...

13 July 2016

From: Breaking News

A new Prime Minister - and will that be followed by an interest rate cut?

The news that Theresa May will be installed as Prime Minister tomorrow has immediately stabilished the share prices of estate agents...

12 July 2016

From: Breaking News

The post-Brexit landscape

As I sit and write this piece, even with the FTSE 100 back up and sterling having recovered some of its...

08 July 2016

From: Features

Carney warns housing market: Brexit conditions will be difficult

The Bank of England’s governor is warning future mortgage borrowers who buy homes that “conditions will be difficult” as a result...

06 July 2016

From: Breaking News

Possible Brexit base rate change: key committee to comment today

The Bank of England is expected to set out its latest thinking on the UK’s Brexit economic changes today - including...

05 July 2016

From: Breaking News

CHAPS extended hours confirmed from Monday June 20

Operating hours for CHAPS - the payment system used to trasfer funds for property transactions - will be extended by one...

19 May 2016

From: Breaking News

The perennial school dilemma in this new market we call normal

The summer term – rounders, cricket and hayfever. It's also the last dash before the housing market supposedly closes down for...

23 April 2016

From: Features

Buy to let mortgage clampdown is too late and unnecessary says leading agent

New proposals to curtail mortgage borrowing in the buy to let sector have been branded as “a classic case of slamming...

30 March 2016

From: Breaking News

60 second interview: Shameem Golamy, Managing Director of Properstar

Who are you? My name is Sham, I am based in the UK and my core experience is in running cross border...

29 March 2016

From: 60 Second Interview

Revealed - new restrictions on buy to let mortgage lending

A key Bank of England body has revealed its proposals for tougher borrowing standards to prevent buy to let lending overheating the wider...

29 March 2016

From: Breaking News

Have we reached tipping point for many private landlords?

With less than a month to go before the new rate of stamp duty kicks in for second property purchasers, we’re...

18 March 2016

From: Features

Credit agency accuses Bank of England of fuelling high house prices

The credit agency Standard & Poor’s has taken the radical line of accusing the Bank of England’s low interest-rate regime of...

11 February 2016

From: Breaking News

Stamp duty deadline-beaters create unexpected mortgage lending surge

Increased competition amongst mortgage lenders and the rush to buy investment properties before the April 1 stamp duty surcharge deadline have...

02 February 2016

From: Breaking News

 Longer completion days: removals’ body steps up opposition to CHAPS change

The British Association of Removers has entered the dispute over changes to the CHAPS arrangements for the transfer of monies on...

22 December 2015

From: Breaking News

Interest rate rise likely to be delayed further, hints key Bank of England figure

One of the leading members of the Bank of England's influential Monetary Policy Committee has suggested that the recent fall-back in...

22 December 2015

From: Breaking News

Prime London prices now average £2.3m but agency warns growth slowing

Prime Central London’s residential values have risen 4.3 per cent over the past 12 months and now average £2.3m per property...

16 December 2015

From: Breaking News

2016 will need some thought

In many respects 2015 has been a good year. Despite global challenges, we have seen a marked improvement in the UK...

11 December 2015

From: Features

Interest rate rise delay would unleash major house price surge

A leading bank is forecasting that if interest rates do not rise next year - as some experts predict - then...

08 December 2015

From: Breaking News

Anger over CHAPS change that will force agents to open longer

The little-publicised extension of the CHAPS settlement day - taking the closure up to 6pm from next summer - has received...

07 December 2015

From: Breaking News

The enduring allure of the UK's historic homes

The UK is filled with popular historic locations. Naturally, Surrey is a popular choice for buyers looking for homes with historic...

27 November 2015

From: Features

Interest rates - no change until 2017 according to some commentators

Economic and housing market commentators have interpreted the latest raft of Bank of England data as indicating that interest rates may...

06 November 2015

From: Breaking News

20% year-on-year surge in mortgage approvals for purchasing homes

The number of house purchase mortgage approvals has risen by 19.8 per cent over the last 12 months.  Data from eSurv suggests...

09 October 2015

From: Breaking News

Third sign in one week that housing market is strengthening

First came a Bank of England prediction that the market will strengthen in the autumn; then lenders reported a surge in...

01 October 2015

From: Breaking News

Mortgage surge shows housing market is strengthening

In a new sign that the housing market is strengthening, mortgage lending increased in August by the largest amount since 2008. Data...

30 September 2015

From: Breaking News

Over half of home owners will struggle if rates rise, warn building societies

Over half of Britain's home owners will hit problems if interest rates rise. The Building Societies Association says new research which it...

30 September 2015

From: Breaking News

What do this week's housing market figures really mean?

We’ve had a flurry of data for all of us involved in the property sector to mull over on our sun...

21 August 2015

From: Features

Key Bank of England figure hints at interest rate rise

A member of the Bank of England’s key Monetary Policy Committee says waiting too long to raise interest rates risks undermining...

18 August 2015

From: Breaking News

Forecast of even stronger price growth in next 12 months

The imbalance of supply and demand in the housing market “will lead to even stronger price gains over the next 12...

14 August 2015

From: Breaking News

Has buy-to-let become too popular for its own good?

Here's a thought. The Chancellor may have done the buy-to-let industry a small favour with his emergency Budget in July. What...

07 August 2015

From: Features

Mortgage rates may rise despite unchanged base rate

At first sight the decision by the Bank of England not to raise base rate appears good news for the industry...

07 August 2015

From: Breaking News

Bank of England to break interest rate tradition tomorrow

The Bank of England is to publish three previously-separate pieces of information on interest rates tomorrow in a bid to avoid...

05 August 2015

From: Breaking News

The interest rate warning bell has been rung

When Governor of the Bank of England, Mark Carney, recently announced that interest rates would have to start to rise sooner...

24 July 2015

From: Features

CHAPS working hours to be extended next year

CHAPS has confirmed that its operational hours will be extended from summer 2016, enabling high-value payments to be made until 6pm. The...

24 July 2015

From: Breaking News

Public confidence in market slips back says Halifax

Confidence in the outlook for house price growth hit its highest level in four years following the general election in May...

20 July 2015

From: Breaking News

Manage your landlords effectively as tax changes take hold

Consider the scene. It is July 8th and new Chancellor, Ed Balls, stands at the Dispatch Box giving his first Budget...

17 July 2015

From: Features

A financial crisis refresher course?

In case we didn’t learn the lesson last time around, we appear to be on the brink of a refresher course...

10 July 2015

From: Features

A comfy seat at the table

This week RICS reported a further drop in the number of people putting their homes up for sale; new instructions fell...

15 May 2015

From: Features

Election Day: Take housing out of politics, agent pleads

The chief executive of Andrews estate agency chain says housing policy should be decided not directly by politicians but by an...

07 May 2015

From: Breaking News

Zero Deposit Zero Deposit Zero Deposit