x
By using this website, you agree to our use of cookies to enhance your experience.
KEYWORD "Bank of England" - 100 RESULTS
Propertymark joins calls for interest rate cut

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

Government’s ‘laughable’ planning reforms overshadow ‘real-time property market’

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

20 February 2024

From: Breaking News

Inflation rate remains steady in ‘silver lining’ for property market

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

Propertymark: Interest rate cut needed as mortgage arrears rise

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

RICS: Property market is turning positive

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

08 February 2024

From: Breaking News

Interest rate freeze: ‘Buyers and sellers will welcome Bank inaction'

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

‘Uneventful’ interest rate update could boost property market – claim

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

Mortgage approvals hit six-month high – has the market come alive?

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

31 January 2024

From: Breaking News

Zoopla: ‘We are locked in a buyers’ market’

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

22 January 2024

From: Breaking News

Land Registry: House prices dropping at fastest rate since 2011

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

18 January 2024

From: Breaking News

Inflation rate rises but will it hit the property market?

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

2023 - That was year that was...

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

Brighter start to the year for developers

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

Mortgage approvals hit four-month high – will activity keep rising?

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

Property Natter - What a difference a year makes

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

23 December 2023

From: Features

Will lower inflation boost the property market in 2024?

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

‘Affordability pressures’ set to push house prices down again in 2024 - reports

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

Good for movers? Bank of England holds interest rates again

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

Mortgage commitments drop as homebuyers hold back - research

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

13 December 2023

From: Breaking News

Bank of England: Interest rate rises haven't fully hit UK yet - warning

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

A turning point? House prices rise for third successive month

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

Mortgage approvals hit three-month high but buyer caution remains

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

30 November 2023

From: Breaking News

Autumn Statement: What can agents expect?

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

‘Good news for buyers’ as inflation hits two-year low

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

16 November 2023

From: Breaking News

Knight Frank: Housing market is period of ‘price discovery’

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

13 November 2023

From: Breaking News

Jonathan Rolande: Filling property vacancies is like climbing a mountain

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

13 November 2023

From: Breaking News

Housing market is past ‘peak pain’ - Savills

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...

08 November 2023

From: Breaking News

Race for sub-5% mortgage rate heats up - claim

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

Bank of England to join Rightmove webinar today

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

07 November 2023

From: Breaking News

Interest rates held but will it tempt homebuyers back to the market?

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

Housing market remains weak despite monthly price rises - Nationwide

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

Mortgage approvals hit eight-month low

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

31 October 2023

From: Breaking News

Stamp Duty Cut speculation starts 'election housing market' - claim

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

Google to answer Artificial Intelligence questions from agents

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

24 October 2023

From: Breaking News

Housing market rollercoaster is ‘coming to an end’ – claim

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...

24 October 2023

From: Breaking News

Tenants need choice when it comes to spiralling rental costs

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

Annual price growth hits new low – Land Registry

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

19 October 2023

From: Breaking News

Jonathan Rolande: Why I fear the long winter period that lies ahead 

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

13 October 2023

From: Breaking News

Mortgage rates set to drop but lenders expect lower levels of demand

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

13 October 2023

From: Breaking News

 Buyers returning to London but market ‘remains fragile’

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

10 October 2023

From: Breaking News

House prices fall again but how long will ‘correction’ last?

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

Phil Spencer - How To Get Real With Vendors On Price

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

03 October 2023

From: Breaking News

Housing Market Weak but cautious optimism from analysts

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

Summer slump? Sales and mortgage approvals drop in August

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

02 October 2023

From: Breaking News

KWUK prepares for ‘largest ever’ Megacamp

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

02 October 2023

From: Breaking News

Jonathan Rolande: Nothing changes, now we live in hope of better days ahead

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

25 September 2023

From: Breaking News

Have mortgage rates peaked?

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

23 September 2023

From: Features

Interest rates unchanged but it’s not the end for house price drops

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

22 September 2023

From: Breaking News

‘Welcome news’ for buyers as inflation rate drops

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

21 September 2023

From: Breaking News

Bank of England urged to ‘stop interest rate attacks’ on homeowners

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

20 September 2023

From: Breaking News

Homeowners facing ‘Christmas mortgage crisis’ - warning

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

20 September 2023

From: Breaking News

Knight Frank: Mortgage rate rollercoaster is ending

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

19 September 2023

From: Breaking News

Jonathan Rolande: Those not already in lettings should look into it urgently

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

18 September 2023

From: Breaking News

Should landlords receive BTL mortgage support?

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

16 September 2023

From: Features

Boost for buyers as mortgage rates drop and choice rises

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

13 September 2023

From: Breaking News

Mortgage approvals hit three-month low

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

31 August 2023

From: Breaking News

Jonathan Rolande: Are we set for a day dedicated to home ownership dreams?

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

25 August 2023

From: Breaking News

Property expert predicts mortgage rate war in boost for buyers

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

24 August 2023

From: Breaking News

Jonathan Rolande: The next two months will dictate how the market finishes 2023

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

15 August 2023

From: Breaking News

Housing market still in doldrums despite mortgage rate cuts

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

15 August 2023

From: Breaking News

Good economic news could be bad for housing market - warning

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

14 August 2023

From: Breaking News

Have Bank of England rate hikes peaked?

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

04 August 2023

From: Breaking News

How far will interest rates rise today?

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

03 August 2023

From: Breaking News

Mortgage approvals rise but buyers remain cautious

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

01 August 2023

From: Breaking News

HMRC: June property sales hit three-year low

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

31 July 2023

From: Breaking News

Mortgage rates are dropping but for how long?

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

28 July 2023

From: Breaking News

Renters ‘delay buying plans’ until rates drop – research

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

27 July 2023

From: Breaking News

EPCs not the sole driver of house prices

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

22 July 2023

From: Features

It’s Do-or-Die for housing market tomorrow - new warning

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...

18 July 2023

From: Breaking News

Rightmove: Sales are falling but ‘right-priced’ homes are moving

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

17 July 2023

From: Breaking News

A quarter of mortgage borrowers ‘struggling’ with repayments – ONS

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

17 July 2023

From: Breaking News

Banking sector ‘resilient’ to house price shock 

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

13 July 2023

From: Breaking News

Trouble Ahead? Bank downgrades 11 property firms as worries mount

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

11 July 2023

From: Breaking News

Agents warn of “pain to come” after shock of biggest price fall for 12 years

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

10 July 2023

From: Breaking News

Prepare for 6.5% interest rates - warning

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

30 June 2023

From: Breaking News

Mortgage approvals rise but buyers are facing ‘tricky landscape’

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

30 June 2023

From: Breaking News

Jonathan Rolande: The Government must step in soon

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

30 June 2023

From: Breaking News

Rising mortgage rates are worse than 2p tax hike - claim

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

27 June 2023

From: Breaking News

Lenders agree to be more flexible with mortgage borrowers

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

26 June 2023

From: Breaking News

Now is the time for the Government to resurrect help to buy

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

24 June 2023

From: Features

Jonathan Rolande: The Government can no longer ignore the property market

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

23 June 2023

From: Breaking News

Interest rate rise: Agents warn of weaker demand and forced sales

The latest interest rate rise has heightened the risk of forced sales and buyers shying away from the market, agents have...

23 June 2023

From: Breaking News

Buyers and sellers braced for latest interest rate rise

The property market is braced for another interest rate rise today after the latest inflation data shows the cost of living...

22 June 2023

From: Breaking News

Chancellor rules out mortgage rate support

Chancellor Jeremy Hunt has ruled out providing financial support for struggling mortgage borrowers as rates hit new highs. Average mortgage rates hit...

21 June 2023

From: Breaking News

Mortgage rates surpass 6% in new blow for housing market

Mortgage rates have officially broken the 6% barrier. Average rates for home loans are now back at the level that prompted the...

20 June 2023

From: Breaking News

Mortgage bills set to rise by £3,000 – warning

Homeowners face paying an extra £3,000 for their mortgage next year, new research suggests. Analysis from the Resolution Foundation thintank suggests that...

19 June 2023

From: Breaking News

Jonathan Rolande: Is this the week that everything changed?

The National Association of Property Buyers’ Jonathan Rolande gives his take on a manic week for the property market. I dearly hope I...

16 June 2023

From: Breaking News

Pressure grows for mortgage support fund

MPs have urged Prime Minister Rishi Sunak to hold an emergency summit in Downing Street with banks and mortgage lenders to...

15 June 2023

From: Breaking News

Mortgage lending returns to pandemic levels in new house price threat

The value of mortgage lending has slumped to its lowest level since the second quarter of 2020, Bank of England data...

14 June 2023

From: Breaking News

Mortgage brokers call for more notice of product withdrawals

Mortgage brokers have expressed concern about products being removed with little or no notice. Hundreds of mortgages have been withdrawn from the...

08 June 2023

From: Breaking News

Housing market ‘freezes’ as it hits the summer months

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

02 June 2023

From: Breaking News

Jonathan Rolande: Look beyond headline house price figures

In his latest column, property commentator Jonathan Rolande, provides his take on the biggest stories from the past seven days. This week was...

02 June 2023

From: Breaking News

Government slammed by public over housing failures

A new survey suggests the overwhelming majority of the public are critical of the government’s apparent housing failures. A study of 1,323...

01 June 2023

From: Breaking News

First Time Buyer Woe - prices and deposits soar despite market slowdown

The average first-time buyer in Britain has seen the cost of a home increase by £25 per day since interest rates...

31 May 2023

From: Breaking News

Interest rates: Estate agents react as cost of borrowing hits new high

The Bank of England’s strategy to tackle inflation isn’t working, an agent has claimed, after policymakers hiked rates for the 12th...

12 May 2023

From: Breaking News

Property week in review: Interest rates, house prices and purple woes

It has certainly been a very busy week for news in the housing sector.  Here, the first of a new series of...

12 May 2023

From: Breaking News

Mortgage approvals bounce back but home loan rates rise

Mortgage approvals bounced back in March but buyers are borrowing less at higher rates. The latest Bank of England data has showed...

05 May 2023

From: Breaking News

Mini-Budget fallout ‘fading’ as Nationwide reveals monthly house price gains

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

03 May 2023

From: Breaking News

Could your company culture withstand a crisis?

The UK is on its rear - fact. Whilst many were breathing a sigh of relief after surviving a global pandemic,...

29 April 2023

From: Features

Rightmove warns lenders may start increasing mortgage rates

Further mortgage rate rises could be on the way for homebuyers and owners, Rightmove suggests. After a few weeks where mortgage rates...

26 April 2023

From: Breaking News

MovePal MovePal MovePal