Archive

There is no doubt that the residential market in the UK slumped last year. Transactions were at around 1 million, whereas...

Mortgage rates are dropping faster than many expected, Rightmove claims. Nationwide unveiled a 3.99% five-year fix for home purchases this week –...

Best buy mortgage rates have fallen below 4% for the first time since the start of the year. Nationwide is the first...

HSBC has promised rate cuts this week as mortgage pricing continues to drop, but it is unclear how much further pricing...

The Government will need the financial markets to play ball if its housebuilding plans are to be successful, a property expert...

A global payments issues that could have hit home sales has now been resolved, the Bank of England has confirmed. A statement...

The rate of inflation held steady last month, raising hopes that the Bank of England will give homebuyers a boost with...

Asking prices dropped at the start of July as estate agents and sellers attempted to attracted buyers who have been distracted...

So it’s a Labour landslide but it’s not like 1997. I remember the last time as if it were yesterday. May 1st, 1997....

On balance, a stable new government with a large majority is good news for the sales market. Labour’s costed spending plans,...

The number of mortgage approvals for house purchase fell for the second consecutive month during May, Bank of England data shows. Banks...

Major lenders have started cutting their mortgage pricing in anticipation of an interest rate cut in the coming months. The Bank of...

The recent dip in inflation to 2% for the first time in three years brings a glimmer of optimism in the...

The average first-time buyer mortgage payment has risen by 61% since the previous election year of 2019, research suggests. Analysis by Rightmove...

The announcement by the Bank Of England that interest rates will remain fixed at 5.25% for the seventh month in a...

Interest rates were held for the sixth consecutive Monetary Policy Committee (MPC) meeting yesterday, as agents expressed hope of a cut...

The rate of inflation slowed to 2% in May, hitting the Bank of England’s target. Data from the Office for National Statistics...

The latest inflation figures this morning are expected to show that the cost of living measure has slowed to the Bank...

There’s a growing ­supply-demand imbalance in the sales market according to the prominent industry asking price index, Home.  It says despite greater...

Major lenders including Barclays, HSBC, and TSB have reduced their interest rates on new fixed mortgages, offering a glimmer of hope...

The majority of estate agents expect a summer interest rate cut to help revitalise buyer market activity, however, they remain split...

House prices appear to have benefited from a Spring bounce but sales and mortgage approvals have struggled. It comes after a busy...

The rate of inflation slowed to 2.3% in April, Office for National Statistics (ONS) data shows. It means the consumer price index...

Hopes of an interest rate cut have been raised after the International Monetary Fund (IMF) suggested the UK economy is recovering faster...

High interest rates, slow price growth and more stringent tax rules have eroded Buy-to-Let’s (BTL) charm for a number of landlords,...

Rightmove posted a bullish trading update and raised performance expectations for the year ahead on Friday but the markets seemed less...

Agents remain typically optimistic about the property market after interest rates were been held at their 16-year high of 5.25% by...

It was the news we were all expecting. But I still feel a sense of disappointment as I digest the fact the...

A stamp duty cut would see house prices go up and evictions soar, a property industry commentator claims. Reports in the past...

Prominent housing and mortgage experts are downplaying the chance of an interest rate cut following the Bank of England monetary policy...

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...