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KEYWORD "Financial Crisis" - 100 RESULTS
House prices fall for 15 months in Wales - now transactions down too

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

25 April 2024

From: Breaking News

Property expert slams 1% mortgages as Government considers introduction

The Government’s proposal to introduce a new 1% deposit mortgage scheme to help young people onto the property ladder is unworkable...

24 February 2024

From: Features

Property Natter - When Angels rose from the ashes (part ll)

In my last Natter, I recounted the story of how Angels media bounced back from the 2008 financial crisis by launching...

17 February 2024

From: Features

Agent Tim's top tips for going it alone

Five years ago, Lettings expert, Tim Lawler, wrote an article for Estate Agent Today charting his early experiences of setting up...

03 February 2024

From: Features

When Angels rose from the ashes...

In 1999 (yep) I set up some websites thinking I could generate leads from everyone in the world. I had an...

03 February 2024

From: Features

‘Financial pressures’ remain as mortgage arrears rise

Mortgage arrears and claims for repossession are on the rise as official data shows how much homeowners are still struggling in...

10 November 2023

From: Breaking News

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

Transactions plummet to 15 year low according to e.surv

Transactions for the first half of 2023 are at their lowest level since the financial crisis of 2007-09 as a result...

14 August 2023

From: Breaking News

New 100% LTV mortgage aims to help tenants escape ‘rental trap’

Skipton Building Society has unveiled details of the first 100% loan-to-value mortgage launched since the 2008 financial crisis. Aimed at renters, the...

10 May 2023

From: Breaking News

Zoopla: Sales are slower but market is moving

The level of agency stock has almost doubled since last year but repricing is on the rise and sales are taking...

05 April 2023

From: Breaking News

LonRes: Asking price discounts are widening

The average discount to asking price on a sold property has almost doubled since last July as sellers are becoming ‘more...

14 March 2023

From: Breaking News

Annual house price growth turns negative - Nationwide

Annual house price growth has fallen for the first time since June 2020 and is now at its weakest level since...

02 March 2023

From: Breaking News

First-time buyers spending 40% of net pay on mortgage - Nationwide

The proportion of take-home pay that first-time buyers are having to put towards mortgage repayments is returning to levels last seen...

13 January 2023

From: Breaking News

Agents urged to ‘trim the fat’ but keep marketing in the New Year

Hatched founder Adam Day has drawn on his experiences of running the online agent during the 2008 financial crisis to advise...

30 December 2022

From: Breaking News

Zoopla: Market crash predictions are overstated

Talk of a housing market crash is overstated, Zoopla’s chief executive Charlie Bryant has claimed. Speaking in an exclusive video interview with Estate...

30 December 2022

From: Breaking News

Property market ‘recalibration’ is underway - claim

The property market is ‘recalibrating’ but should be seen in context of economic events, agents are being urged. Kris Mclean, managing director...

06 December 2022

From: Breaking News

Agency sector facing one fall-through per minute - claim

The estate agency sector is close to being hit by a fall-through per minute as an industry veteran warns that the...

05 December 2022

From: Breaking News

Conveyancers - why preparing for the worst is a wise move

A report earlier this month warned that conveyancing firms should stress test their businesses for a sharp decline in work volumes. These businesses...

03 December 2022

From: Features

Online Estate Agents - the new dinosaurs of house selling

I’ve just read an article saying that this is the time of the online estate agency. The time in question is, of...

26 November 2022

From: Features

Fall-throughs doubled last month and could rise further - claim

Fall-throughs doubled in the first two weeks of October compared with a month before, analysis claims. Chain-breaking service UPSTIX, which conducted the...

14 November 2022

From: Breaking News

Knight Frank: ‘This doesn’t feel like a re-run of the financial crisis'

The housing market isn’t definitely facing a 2008-style cliff-edge moment, Knight Frank claims. New commentary from the agent has asked if October’s weak...

07 November 2022

From: Breaking News

Major agent predicts 10% house price decline next year

House prices could fall by 10% next year as higher mortgage pricing and rising inflation dampen buyer budgets, Savills has warned. The agency...

04 November 2022

From: Breaking News

Major agency brand predicts ‘sluggish’ market ahead 

The housing market is set to turn “sluggish” rather than experiencing a major slump, new predictions claim. Agency and property consultancy brand...

01 November 2022

From: Breaking News

Agency network boss: Focus on affordability rather than rates

Agents should be getting buyers to focus on what they can afford now and in the future rather than worrying about...

01 November 2022

From: Breaking News

Analysts assess how far back Sunak can help push mortgage rates

Mortgage rates look likely to fall after Rishi Sunak’s appointment as Prime Minister but analysts are still unsure how far the...

31 October 2022

From: Breaking News

Conveyancing regulator urges firms to ‘prepare for the worst’

Conveyancers are being advised to prepare their businesses for a “significant fall in work volumes.” Many firms have complained about a backlog...

25 October 2022

From: Breaking News

Homeowners may face 2008-style mortgage strain - warning

The share of homeowners struggling to repay their mortgages could hit the same peak levels of the 2008 financial crisis by...

13 October 2022

From: Breaking News

Mortgage rush predicted as interest rates hit highest level since 2008

The Bank of England increased interest rates to their highest level since the financial crisis yesterday, prompting fears of higher cost...

23 September 2022

From: Breaking News

Opinion: BoE turns gloomier as base rate rises - how will the market respond?

A property expert has warned that the Bank of England’s gloomy economic forecasts and last week’s rise in interest rates could...

09 August 2022

From: Breaking News

Would a Liz Truss win lead to BoE reform and much higher interest rates?

Interest rates made their biggest leap in 27 years yesterday, rising by 0.5% from 1.25% to 1.75%. It was the biggest...

05 August 2022

From: Breaking News

Should the BoE hike up interest rates this week? Experts give their view

Recent months have seen interest rates rise from historic lows back closer to pre-financial crisis levels as the Bank of England...

02 August 2022

From: Breaking News

Analyst: ‘Agents can’t do without Rightmove’

Rightmove has been backed to weather the cost of living crisis and a property market downturn. Analysis by investment service Wealth Club,...

01 August 2022

From: Breaking News

Brokers baffled as Bank of England drops mortgage affordability tests

The Bank of England has confirmed plans to withdraw the requirement for lenders to conduct interest rate stress tests on mortgage...

21 June 2022

From: Breaking News

Warning - new checks on mortgage applications could hit house hunters

A property expert has predicted that mortgage applicants are likely to find it 'much harder' to be approved for loans as...

19 April 2022

From: Breaking News

Interview with eXp's Glenn Sanford - 'some agents will always prefer self-employed'

The self-employed model, after years of not really catching on fully, was given a major boost by the pandemic and the...

26 March 2022

From: Features

Predictions 2022 - an interview with Simon Shinerock

Peta Milne, founder of Instagram growth and PR service Monimo, and a content writer at Choices Estate Agents, recently sat down...

05 March 2022

From: Features

Massive mortgages on the way? Old restrictions may be ditched

The Bank of England has issued a consultation on changing the affordability tests for large mortgages introduced in the wake of...

01 March 2022

From: Breaking News

House Price Crisis - affordability worsening across the UK

The Chartered Institute of Housing, set to unveil its latest annual housing review next month, has indicated that to no one’s...

22 February 2022

From: Breaking News

Interest rate U-turn ‘sooner rather than later’ says market analyst

A prominent analyst says he expects a U-turn on the “folly” of interest rate rises sooner rather than later - but...

17 February 2022

From: Breaking News

Big surge in first time buyers - but it won’t last…

For the first time since before the global financial crisis of 2008, the number of first-time buyers is estimated to have...

06 January 2022

From: Breaking News

Covid race for space helps boost posh country house market

High-value properties were the top-performers in the country house market in 2021, according to an agency that majors in this sector.  In...

06 January 2022

From: Breaking News

Expert’s shock warning: “Don’t buy until ‘price bubble’ bursts”

A property finance expert is telling buyers to sit on their hands and not commit to purchases - as he believes...

22 December 2021

From: Breaking News

Mortgage rate rises will normalise market next year - warning

UK house prices have reached an all time high - but 2022 will see a more normalised housing market thanks to...

21 December 2021

From: Breaking News

Identity theft and fraud - how it happens and how to prevent it

The Covid-19 pandemic has had a huge impact on all aspects of our lives, but undoubtedly one major negative side effect...

11 December 2021

From: Features

Agent lashes out against any relaxation of mortgage lending

An estate agency owner who is also a qualified independent mortgage adviser has hit out against the suggestion that lenders may...

09 December 2021

From: Breaking News

House price rises similar to those before 2007 crash - Nationwide

Annual house price growth hit 10.0 per cent last month - and is now tracking close to the level seen before...

02 December 2021

From: Breaking News

Interest Rate Rise coming - could it actually be good for house sales?

Rightmove is warning that it’s “highly likely” interest rates will rise in the near future. The portal believes this now seems inevitable...

18 October 2021

From: Breaking News

Warning - top index says first time buyer deposits “very challenging”

House prices rose by just 0.1 per cent in September - but they are still increasing by 10 per cent a...

01 October 2021

From: Breaking News

Blow for self-employed agents as survey shows financial crisis

A survey conducted by a bank suggests that over half of the self-employed sector of the economy believes its financial position...

08 September 2021

From: Breaking News

New homes figures still below old Labour government level

The UK government will not achieve its pledge of delivering 300,000 new homes a year until 2028, according to analysis from...

04 August 2021

From: Breaking News

Country house market roars back to level last seen in 2007

A surge in activity ahead of June’s stamp duty deadline and tight supply saw price growth in the country house market...

27 July 2021

From: Breaking News

Zoopla - why the property market won’t lose momentum in 2021

Zoopla data has confirmed that buyer demand started to moderate in the months prior to the initial stamp duty holiday tapering...

24 July 2021

From: Features

They think it’s all over - is the housing boom at an end?

The Halifax is reporting a 0.5 per cent monthly drop in house prices, plus a fall in the annual rate from...

08 July 2021

From: Breaking News

Developers defend Help To Buy’s cost to taxpayers

A new analysis claims Help To Buy has improved building volumes and has not been a drain on taxpayers. The scheme which...

30 June 2021

From: Breaking News

Home ownership ‘cause of inter-generational strife’ - claim

The distribution of home ownership across different generations has been a cause of strife according to a think-tank. The Resolution Foundation’s latest...

29 June 2021

From: Breaking News

Housing market needs more help as Covid support measures end - call

Banks and building societies want the government to offer more help to the housing market through additional assistance to home owners...

28 May 2021

From: Breaking News

London agony goes on as sales in prime central area hit record low

The Prime Central London pain throughout the pandemic can be seen by new figures just released by an investment consultancy, showing...

06 May 2021

From: Breaking News

End of Furlough “won’t kill off housing market bull run”

A leading analyst has told Knight Frank that the end of furlough this autumn is unlikely to kill off the housing...

20 April 2021

From: Breaking News

Stamp duty holiday: could the market be more vulnerable to fraud?

The Chancellor’s recent announcement that the stamp duty holiday would be extended for another three months was undoubtedly great news for...

27 March 2021

From: Features

Market softens ahead of predicted stamp duty holiday resurgence

The latest house price index from the Halifax suggests the market has softened ahead of the original scheduled end of the stamp...

08 March 2021

From: Breaking News

Call My Agent! Celebrities find it’s not so easy to sell and buy homes…

One of the biggest TV hits of lockdown has been the Netflix show Call My Agent! It’s a surprise success, perhaps, because...

06 March 2021

From: Features

In Conversation Today – Q&A with the man behind a 2020 success story

By any available metric, Belvoir had a good 2020. Already a well-known and well-established name, it was highly praised for its...

21 January 2021

From: Breaking News

How can we ensure the second half 2020 doesn’t become a blip?

Recent figures emanating from the mortgage and housing market suggest that – since lockdown was ended in mid-May – transaction levels...

31 October 2020

From: Features

Property Natter: why diversification is the spice of life for agents

The property market has bounced back with all of the expected resilience and flexibility that is its hallmark since it reopened...

24 October 2020

From: Features

Prices up in Prime Central London but recovery is fragile - warning

It’s not a big rise, but price growth has returned to the Prime Central London sales market for the first time...

13 October 2020

From: Breaking News

How will the end of the furlough scheme affect the rental market?

The Coronavirus Job Retention Scheme, better known as the furlough scheme, was introduced by the chancellor Rishi Sunak in March to...

26 September 2020

From: Features

Good News: Negative equity threat “far lower” than after 2008 recession

There’s good news from the think-tank the Resolution Foundation, which says the threat of negative equity because of the Coronavirus crisis...

02 September 2020

From: Breaking News

Agency identifies ‘recession-resistant’ locations in bid to ease fears

With the UK officially in what has been described as the single worst national recession in the world, one agency has...

27 August 2020

From: Breaking News

First time buyers lose out whatever happens to house prices - claim

Many young people are stuck unable to purchase their first home even if house prices fall in the wake of the...

13 August 2020

From: Breaking News

Sunak’s stamp duty holiday was never going to be enough

You have to feel for Rishi Sunak - well, at least a little. Leave to one side that he carries more presentational...

11 July 2020

From: Features

Agents remain calm in the light of latest house price dip

Agents have remained calm in the light of Nationwide’s house price index which shows the first annual fall for eight years...

02 July 2020

From: Breaking News

Management pay cuts and furlough returns revealed by high-end agency

Savills has revealed the measures it has taken to mitigate the impact of the Coronavirus on its activities and balance sheet. The...

26 June 2020

From: Breaking News

Purplebricks’ biggest critic warns over housing market uncertainty

The chief executive of a property information platform says now is a “dangerous time” to buy or sell homes because of...

22 June 2020

From: Breaking News

Sale price discounts diminish as market strengthens

Price discounts are diminishing as the housing market strengthens, according to data from Knight Frank. The average discount to the asking price...

17 June 2020

From: Breaking News

Over third of vendors expect price falls of 6% or possibly much more

A survey of sellers by a high-end agency suggests that around a third expect price falls of six per cent or...

02 June 2020

From: Breaking News

Give first time buyers a break, mortgage lenders tell government

Restrictions introduced a decade ago after the financial crisis are holding back many first time buyers from purchasing a home. That’s the...

01 June 2020

From: Breaking News

The three key factors influencing the UK property market

The outlook for the housing market is still taking shape, but here I take a look at three market indicators to...

30 May 2020

From: Features

Stamp Duty Holiday - Zoopla shows how it could help the housing market

Zoopla’s head of research says a stamp duty holiday could encourage more home owners to move which in turn could help...

28 May 2020

From: Breaking News

Property Natter - what happened when big lenders had their own estate agencies?

All my recent Natters have been focused on one particular topic, the coronavirus crisis, for obvious reasons. But there has been...

23 May 2020

From: Features

Property Natter - what will agent offices look like post-lockdown?

There has been much speculation about when agents will be allowed back to work, and what the new office working environment...

09 May 2020

From: Features

Property Natter – how is the industry coming together during self-isolation?

Where else to start? Since my last Natter two weeks ago, all our lives have changed more than we could ever...

28 March 2020

From: Features

How will the coronavirus affect estate agents?

The coronavirus outbreak has highlighted once again how fragile and interconnected our societies have become. We don’t know yet how dangerous Covid-19...

07 March 2020

From: Features

What next for property in 2020?

After a year dogged by Brexit deadlock, political turmoil, and slow growth, estate agents’ confidence in the property market hit a...

04 January 2020

From: Features

Good news for market as first time buyer numbers hit 12-year high

First time buyers reached an estimated 353,436 in 2019, the highest level since 2007. This is the fifth time in six years...

03 January 2020

From: Breaking News

Stamp duty and easier mortgages help first time buyers select larger homes

First time buyers will constitute the largest single group of purchasers in 2019, despite the apparent difficulties of deposits and securing...

09 September 2019

From: Breaking News

Property Natter - how to prepare for Generation Z and Alpha

They will be the doctors, lawyers, teachers, thinkers, leaders and captains of industry of the not too distant future, but is...

24 August 2019

From: Features

No Deal jitters batter housing market according to government figures

Average house prices in the UK increased by a mere 0.9 per cent in the year to June - the lowest...

15 August 2019

From: Breaking News

Brexit worries mean Savills’ UK residential profits plunge 44%

Savills, once a safe bet for year-on-year growth, has seen its underlying UK residential profits plunge 44 per cent with economic...

09 August 2019

From: Breaking News

Prime Central London housing gloom may be lifting at last

There may be signs that the gloomy housing market which has hit Prime Central London for some years may finally be...

31 July 2019

From: Breaking News

Hope for first time buyers as affordability improves in UK's big cities

The income required for first time buyers to purchase in the three most expensive UK cities has fallen slightly according to...

27 June 2019

From: Breaking News

Silver lining for housing market as first time buyer numbers rise

There’s a silver lining to another set of stodgy housing market figures - at least one sector, for those buying their...

02 May 2019

From: Breaking News

Halifax says latest index “partly corrects” last month’s shock figure

House prices rose slightly more rapidly in the first three months of the year but growth is likely to remain subdued...

08 April 2019

From: Breaking News

Number of movers now only half the level before financial crisis

The number of movers has declined by around 50 per cent since the halcyon days of 2006, before the global financial...

20 February 2019

From: Breaking News

80 and still paying a mortgage? No problem, say lenders

Mortgage lenders are relaxing age limits so that house buyers can still be paying off their home loan well into their...

12 February 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

Brexit Bedlam: Rightmove and agency give housing market warnings

The chief executive of online agency HouseSimple says “sellers need to be prepared and willing to lower their expectations” in the current...

07 December 2018

From: Breaking News

Emoov boss and portal head in vicious Twitter spat before firm folds

The chief executive of Emoov and the founder of the new portal Rummage4Property had a dramatic spat on Twitter just hours...

04 December 2018

From: Breaking News

Emoov: Rival agents try to poach vendors as public complaints mount

At least some calls from potential customers to Emoov are being cut off and rival estate agents are now plundering the...

03 December 2018

From: Breaking News

Shock Emoov twist - Russell Quirk in talks to set up property PR firm

The circus surrounding the fate of online agency Emoov has taken an unexpected turn. Yesterday Sky News revealed that the company was...

30 November 2018

From: Breaking News

More branch closures likely if Brexit uncertainty goes on - forecast

The closure of Foxtons’ Park Lane office and five other branches in the capital are merely the start of things to come...

27 November 2018

From: Breaking News

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