Archive

We all know that first-time buyers have had a tough time of it lately. Mad mini-budgets resulting in higher interest rates...

An analysis by Rightmove reveals that the average interest rate for a two year fixed mortgage at 95% loan to value...

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

A report in the Times newspaper says Chancellor Jeremy Hunt is planning a stamp duty cut in the early autumn. The paper...

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

Strike remained in the red in the run up to its acquisition of Purplebricks last year and has new financial backing...

OnTheMarket president Jason Tebb has cautioned buyers against waiting for an interest rate cut and General Election before making a transaction...

The European real estate market is the most distressed sector across Europe, research suggest. The latest Weil European Distress Index suggests the...

When we talk in general terms about the UK housing market, we tend to draw a picture of generality. Facts and figures...

Average house prices fell on a monthly basis for the first time since September 2023 during March as higher mortgage rates...

House prices dipped on a monthly basis during March but annual growth improved, Nationwide data shows. The latest Nationwide House Price Index...

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

Stress tests are a valuable tool for measuring resilience and the Scottish residential property market was put through a fairly gruelling...

Global property consultancy Knight Frank has launched its latest UK Build to Rent Market Update, revealing that investment in the UK...

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

Seller confidence has improved in anticipation of the traditionally busier Spring market and interest rate cuts in the months ahead, research...

The Spring Budget last Wednesday rounded out to be mostly a disappointment for the property industry, but it was also perhaps...

Savills has claimed most of the property markets It operates in are past “peak uncertainty” after posting lower revenues and profits...

Property market conditions in the new-build sector are likely to remain subdued this year. Persimmon has claimed. An outlook in the house...

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...

Agents are hopeful of support for the property market in today’s Spring Budget. It could be the Chancellor Jeremy Hunt’s final fiscal...

Agents would be happy to pay for regulation but the sector should be wary of costs, a Propertymark executive has told...

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

House prices are growing annually for the first time since January 2023, Nationwide claims. The latest Nationwide House Price Index found average...

I was chatting to a genuine city gent the other day (someone who has enjoyed a career in suits, ties, shares...

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

Homeowners with mortgages have seen the highest increase in household costs over recent months, official data suggests. The latest Household Costs Index...

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

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

Increasing numbers of mortgage lenders are pulling decent deals as swap rates rise. Santander has become the latest high street lender to...

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

Older borrowers were deterred by high mortgage rates last year, bank data suggests. Quarter four figures from UK Finance show a 37.1%...

Reading the news on Estate & Letting Agent Today every day (as I’m sure you all do, too), there appears to...

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

A drop in house prices remains likely for 2024 despite recent rises and improving sentiment. The latest Halifax house price index showed...

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...

UK housing costs hit £200bn for the first time in 2023, according to the latest research by Savills.  The analysis of private...

The European property market is the most distressed sector, new research suggests. The latest Distress Index, from restructuring firm Weil, has warned...

Agents are becoming more confident about a busy Spring market after the Bank of England held interest rates for the fourth...

Average house prices rose between December and January but a rapid rebound is unlikely, Nationwide has warned. The latest Nationwide House Price...

Rightmove has recorded its busiest month since launching its mortgage in principle service in 2022 and predicts an interest rate hold...

The Labour Party has committed to working on ways to offer longer-term fixed rate mortgages to support first-time buyers. Outlining its plan...

While our own Government continues to tentatively encourage homeowners to carry out energy-efficient measures, they will no doubt be eagerly watching...

The UK and Europe’s “house price correction” isn’t over yet but the market will perform better than expected, a ratings agency...

Foxtons is set to close and consolidate some Ludlow Thompson branches as part of plans to save £3m this year. A trading...

Everyone’s a pundit these days, aren’t they? And January is pundit season – when a New Year starts, out come the...

Paul Hilton, CEO of leading Scottish property portal ESPC Homeowners who are considering moving on to a new property in 2024 are...

Prime London prices fell 6% annually over 2023 but remain higher over the long term, LonRes claims. Analysis by the data company...

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...

Knight Frank has revised its house price forecasts and said it now expects average values to rise this year rather than...

The Labour Party has proposed introducing 25-year fixed term mortgages should it win the next General Election. Shadow chancellor Rachel Reeves suggested...

After months of negative messaging and anti-development sentiment, espoused both nationally by the Government, and locally during May’s local election campaigning,...

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

Winkworth's network completed sales for the year fell by some 19% in 2023, the agency franchise brand has revealed but it...

Let’s start at the very beginning - Happy New Year. Now, let’s give thanks to the guy who made January 1st...

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...

Average house prices ended 2023 down 1.8%, according to Nationwide. The lender’s December House Price Index, based on its own mortgage lending...

The last thing you want as we rake through the dying embers of 2023 is a journalist’s prediction of what’s going...

Lower interest rates and real wage growth will halt price falls next year but sales will remain lower, Hamptons has predicted  Forecasts...

Prime buying agency Black Brick has seen cash buyers double this year. Data from the buying agent shows 66% of clients have...

New homes – we need more in ‘24 2023 was a year which saw the 'need to moves' active in the housing...

This year has seen an ongoing cost-of-living crisis, fluctuating mortgage rates, rising rents, and the threat of falling property prices. Although average...

In assessing the outlook for property auctions in 2024, it's crucial to look beyond interest rates. The real driving force behind...

What will happen to house prices? Should I rent or buy? Will a Labour or Tory Government be better for homeowners....

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

Average house prices fell annually for the second consecutive month during October, Land Registry figures show. The data may only reflect activity...

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

Despite the somewhat challenging year, we have seen many agents we work with continuing to flourish. We support hundreds of agents...

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

There is rarely a quiet year in the property market. And 2023 has felt like the usual rollercoaster at times. On...

So Christmas is coming – soon. Traditionally a time for reflection on what’s past and prediction on what’s to come. Last week...

There has no doubt been many commenting on Chancellor Jeremy Hunt’s recent Autumn Statement held a couple of weeks ago. We...

After months of doom and gloom about the property market, it finally feels like there are green shoots on the horizon. I’m...

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

There has no doubt been many commenting on Chancellor Jeremy Hunt’s recent Autumn Statement held a couple of weeks ago. We...

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

HMRC recorded the slowest October for property sales since 2021 last month. The latest property transaction figures from the taxman estimates that...

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

By Kevin Shaw, National Sales, Managing Director, Leaders Romans Group This year has seen an ongoing cost-of-living crisis, fluctuating mortgage rates, rising...

The Land Registry has recorded the first annual drop in property values for a decade in its house price index. Both the...

Many property professionals may be getting excited by lower inflation and falling mortgage rates but an auctioneer is warning that there...

Stamp Duty cuts won’t give the property market the boost it needs, an agency chief executive has warned. Dominic Agace, chief executive...

Agency brand Chestertons has joined calls for Chancellor Jeremy Hunt to include Stamp Duty reform in his Autumn Statement. Hunt will deliver...

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

House price falls could continue into 2024 as high interest rates continue to make it difficult for homebuyers to transact, an...

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...

It’s that time of year already: Halloween’s happened, Bonfire Night’s blown itself out, and there’s now a feast of festivities leading...

Paul Johnson, Head of Corporate Sales at Leaders Romans Group (LRG) Commercial property has historically been viewed as the more profitable asset...

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...