Yopa’s latest accounts for 2022 have revealed a “material uncertainty” that the business could continue ahead of a restructure in 2023. The...
Archive
![One year later: Market remains tough for buyers after mini-Budget mayhem](/upload/images/Shutterstock-only%20images/Property%20Market/Housing_Market-400x310.png)
It is just over one year since former Prime Minister Liz Truss and Chancellor Kwasi Kwarteng’s ill-fated mini-Budget and homeowners and...
25 September 2023
From: Breaking News
![Property Natter - Ready, steady, go?](/upload/images/Property%20Natter.jpg)
Funny how time flies faster as you get older and I’m reminded that next week, (23rd September, to be precise) it...
16 September 2023
From: Features
![Jonathan Rolande: Have we banished the ghost of Truss and Kwarteng?](/upload/images/Shutterstock-only%20images/Property%20Market/PropertyNews1-400x310.png)
In his latest column, property commentator Jonathan Rolande, provides his take on the biggest stories from the past seven days. For a long...
26 May 2023
From: Breaking News
![Property Natter - Damned if you do and damned if you don't](/upload/images/Property%20Natter.jpg)
It's not often that I have sympathy for our glorious leaders – those who set the rules by which we all...
25 March 2023
From: Features
![Light-touch Budget is no bad thing for the housing market](/upload/images/Shutterstock-only%20images/Property%20Market/Property%20Budget.jpg)
When Jeremy Hunt sat down in the Commons after delivering his first Spring Budget, I imagine there were many who felt...
18 March 2023
From: Features
![Knight Frank: ‘Don’t underestimate ‘needs-based buyers’](/upload/images/Shutterstock-only%20images/Property%20Market/HouseForSale_400x310.png)
The motivation of ‘needs-based buyers’ shouldn’t be underestimated despite the current negative market data, Knight Frank claims. Official data in recent weeks...
07 February 2023
From: Breaking News
![Mortgage approvals hit lowest level since the pandemic](/upload/images/Shutterstock-only%20images/Property%20Market/MortgageCalculated_400x310.png)
Mortgage approvals for home purchase hit their lowest level since June 2020 during November, the latest Bank of England data has...
05 January 2023
From: Breaking News
![Knight Frank: Property market picture remains clouded until mortgages stabilise](/upload/images/Shutterstock-only%20images/Property%20Market/HousingMarket_400x310.png)
The “great recalculation” of the property market will take at least six months to show, Knight Frank claims. Tom Bill, head of...
23 December 2022
From: Breaking News
![Conveyancers - why preparing for the worst is a wise move](/upload/images/Shutterstock-only%20images/Property%20Market/Compliance-1-400x310.png)
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
![Boost for buyers as average mortgage rates dip back below 6%](/upload/images/Shutterstock-only%20images/Property%20Market/MortgageApplyNow_400x310.png)
Mortgage borrowers who paused home purchasing plans may be getting a respite from rising rates after new data shows average pricing...
23 November 2022
From: Breaking News
![Regional agent: ‘Why I’m glad Stamp Duty cuts are being reversed](/upload/images/Shutterstock-only%20images/Property%20Market/StampDuty-Image--400x310.png)
A West Midlands estate agent has backed Chancellor Jeremy Hunt’s plans to reverse cuts to Stamp Duty, claiming they should never...
21 November 2022
From: Breaking News
![Autumn Statement - what did our panel of property experts make of it?](/upload/images/Politics%20(MPs%2C%20party%20logos%2C%20etc)/_JeremyHunt%20_400x310.png)
The property sector braced itself for the chill wind of Chancellor Jeremy Hunt’s Autumn Statement this week. His pre-Budget comment that he...
19 November 2022
From: Features
![Chancellor unveils plan to reverse Stamp Duty cuts](/upload/images/Shutterstock-only%20images/Property%20Market/StampDuty_400x310.png)
Chancellor Jeremy Hunt has outlined plans to reduce Stamp Duty cuts outlined in his predecessor’s mini-Budget. In September, former Chancellor Kwasi Kwarteng...
17 November 2022
From: Breaking News
![Autumn Statement: What agents want from Chancellor Hunt](/upload/images/Politics%20(MPs%2C%20party%20logos%2C%20etc)/_JeremyHunt%20_400x310.png)
Chancellor Jeremy Hunt will have a go at balancing the nation’s books today and the main thing agents seem to want...
17 November 2022
From: Breaking News
![Analysts assess how far back Sunak can help push mortgage rates](/upload/images/Politics%20(MPs%2C%20party%20logos%2C%20etc)/Rishi%20Sunak%2003_400x310.png)
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 needs its digital enablement moment](/upload/images/Shutterstock-only%20images/PropTech/PropertyFind1-400x310.png)
Conveyancing is an integral part of the house buying and selling process. But it is a slow process, with the length...
26 October 2022
From: Features
![MPs back Stamp Duty cut as Labour queries its benefits](/upload/images/Politics%20(MPs%2C%20party%20logos%2C%20etc)/Labour-logo400x310.png)
A Bill to bring the Government’s Stamp Duty reductions into legislation reached its second reading in the Houses of Parliament this...
26 October 2022
From: Breaking News
![Ready for Rishi? Sector hopes for market clarity under PM Sunak](/upload/images/Politics%20(MPs%2C%20party%20logos%2C%20etc)/Rishi%20Sunak%2003_400x310.png)
Property professionals are hoping for calmer markets after Rishi Sunak was confirmed as the new UK Prime Minister yesterday. Sunak won the...
25 October 2022
From: Breaking News
![Property Natter – property is holding its own despite the turmoil](/upload/images/Site%20logos/PropertyNatter-2019-400x310.png)
I can’t really write about anything else this week, can I? Unless you’ve been living under a rock, you will have...
22 October 2022
From: Features
![Leadership or General Election? – what property professionals want](/upload/images/Shutterstock-only%20images/Property%20Market/PropertyNews-400x310.png)
Liz Truss became the shortest serving UK Prime Minister yesterday, resigning after just 45 days and prompting a new Conservative Party...
21 October 2022
From: Breaking News
![Agents refute making obscene gestures towards Kwasi Kwarteng](/upload/images/Politics%20(MPs%2C%20party%20logos%2C%20etc)/_Kwasi%20Kwarteng_400x310.png)
One of the stranger stories emerging from the fallout of Kwasi Kwarteng’s sacking last Friday has been news that someone in...
19 October 2022
From: Breaking News
![Cash buyers – where in the UK are they most prominent?](/upload/images/Shutterstock-only%20images/Property%20Market/House_pound-400x310.png)
The latest research from property consultancy Knight Frank has set out which areas of the UK have the largest proportion of...
19 October 2022
From: Breaking News
![Stamp duty cut - much needed boost or short term fix? Either way, estate agents need to prepare for the rush](/upload/images/adv-2021/sponsored-content/Smartsearch/EAT%20-%20October%2022.jpg)
The Government’s mini budget on September 23 was anything but ‘mini’ with several major announcements one of the most significant of...
17 October 2022
From: Sponsored Content
![Stamp duty cut to remain as Hunt scraps mini-Budget](/upload/images/Politics%20(MPs%2C%20party%20logos%2C%20etc)/JeremyHunt%20_400x310.png)
The new Chancellor, Jeremy Hunt, has reversed almost all of the tax cuts set out in Kwasi Kwarteng's disastrous mini-Budget three...
17 October 2022
From: Breaking News
![‘A safe pair of hands?’ – property industry reacts to new Chancellor](/upload/images/Politics%20(MPs%2C%20party%20logos%2C%20etc)/JeremyHunt-400x310.jpg)
New Chancellor Jeremy Hunt has been described as a safe pair of hands who could limit the extent of a housing...
17 October 2022
From: Breaking News
![Chancellor sacked as Truss U-turns on corporation tax cut](/upload/images/Politics%20(MPs%2C%20party%20logos%2C%20etc)/_Kwasi%20Kwarteng_400x310.png)
In a dramatic, fast-moving day, the Chancellor Kwasi Kwarteng was sacked ahead of a press conference by Liz Truss which reversed the...
14 October 2022
From: Breaking News
![Two weeks later - Zoopla warns demand and sales have dropped since mini-Budget](/upload/images/Logos/ZooplaLogo2021-400x310.jpg)
Buyer demand has dropped by a fifth in the fortnight since the mini-Budget while supply has increased from worried homeowners, Zoopla...
14 October 2022
From: Breaking News
![Winkworth: ‘The mini-Budget hasn’t hit property sales yet’](/upload/images/Logos/Winkworth-logo400x310.png)
Agency franchise brand Winkworth is sticking to its market expectations for this year as it claims the mini-Budget is yet to...
13 October 2022
From: Breaking News
![Mortgage rate rises starting to hit Prime London sales, says Knight Frank](/upload/images/Logos/KnightFrank_NEW(red)2022_400x310.png)
Knight Frank expects prices to fall by 3% next year in Prime Central London (PCL) before rising modestly in the years...
11 October 2022
From: Breaking News
![Halifax HPI – house prices dip slightly as market shows more signs of slowing](/upload/images/Shutterstock-only%20images/Property%20Market/Housing_Market-400x310.png)
House prices fell marginally (down by 0.1%) in September as the market displayed further signs of slowdown. That was according to Halifax’s...
10 October 2022
From: Breaking News
![Quality marketing counts more than ever in tougher conditions, claims firm](/upload/images/Shutterstock-only%20images/Misc/Focal%20Agent_400x310.png)
Estate agents need to concentrate on quality marketing more than ever before as mortgage interest rates rise and lenders become ever...
06 October 2022
From: Breaking News
![Agents facing falling demand as asking price cuts rise](/upload/images/Shutterstock-only%20images/Property%20Market/DemandDown-400x310.jpg)
Property demand has dropped while price reductions have increased in recent weeks, data shows. Two separate pieces of industry data give new...
04 October 2022
From: Breaking News
![‘From scary to terrifying,’ analysts assess property market prospects](/upload/images/Housing%20Market%20%26%20Property%20Images/BusinessResults-400x310-.jpg)
House prices look likely to fall next year, a senior analyst claims while another warns the property market is moving from...
03 October 2022
From: Breaking News
![Mortgage product choice dropped by almost half in September - data](/upload/images/Housing%20Market%20%26%20Property%20Images/Mortgage-House-Keys-400x310.jpg)
The choice of mortgage products for borrowers dropped by almost half during September, new figures show. Thousands of mortgages were withdrawn and...
03 October 2022
From: Breaking News
![Poor Liz and Kwasi. What Do They Do Now?](/upload/images/Politics%20(MPs%2C%20party%20logos%2C%20etc)/LizTruss01-400x310.png)
Who would be in the shoes of Liz Truss and Kwasi Kwarteng? I don’t mean who would like their power, pay and...
01 October 2022
From: Features
![Insight – what impact will the economic tug-of-war have on the property market?](/upload/images/Politics%20(MPs%2C%20party%20logos%2C%20etc)/_Kwasi%20Kwarteng_400x310.png)
With the Treasury and the Bank of England stepping in to try and calm the markets, talk of an emergency interest...
28 September 2022
From: Breaking News
![Mortgage chaos leaves first-time buyers ‘high and dry’, claims property expert](/upload/images/Housing%20Market%20%26%20Property%20Images/HandingOverKeys-mio-400x310.jpg)
The fallout from Chancellor Kwasi Kwarteng’s mini-Budget, which has spooked the markets and caused the pound to fall to record lows,...
28 September 2022
From: Breaking News
![SDLT cut ‘a shot in the arm’ for sales, but government could have done more](/upload/images/Politics%20(MPs%2C%20party%20logos%2C%20etc)/_Kwasi%20Kwarteng_400x310.png)
Now that the industry has had the weekend to digest Kwasi Kwarteng’s short and dramatic mini-Budget, more reaction has been filtering...
27 September 2022
From: Breaking News
![Stamp duty cut ‘could save’ homebuyers £1bn per year, says research](/upload/images/Back-link-images/9_Steps_to_getting_a_mortgage_after_an_IVA.jpg)
The stamp duty cut announced by the government in last week’s mini-Budget could save homebuyers across England more than £1 billion...
27 September 2022
From: Breaking News
![Supply and mortgage costs remain an issue despite Stamp Duty cut](/upload/images/Housing%20Market%20%26%20Property%20Images/HousingSupplyxDemand_400x310.png)
The confirmation of an immediate Stamp Duty cut last week may have meant delayed sales could complete, but there are concerns...
26 September 2022
From: Breaking News
![Property sector backs Investment Zones but calls for more clarity](/upload/images/Housing%20Market%20%26%20Property%20Images/Bridging%20image2%20695x400.jpg)
Agents and property professionals have backed the creation of Investment Zones to help boost housebuilding but have called for more clarity...
26 September 2022
From: Breaking News
![Chancellor unveils permanent Stamp Duty cut](/upload/images/library/StampDuty1-400x310.jpg)
The much-rumoured Stamp Duty cut has been confirmed, increasing the thresholds before the property tax is paid. Delivering his mini-Budget this morning,...
23 September 2022
From: Breaking News
![What agents want from today’s mini-Budget](/upload/images/Back-link-images/9_Steps_to_getting_a_mortgage_after_an_IVA.jpg)
New Chancellor Kwasi Kwarteng is expected to unveil the Government’s so-called “plan for growth” today during a mini-Budget. The property market is...
23 September 2022
From: Breaking News
![Property sector calls for targeted stamp duty cuts](/upload/images/Housing%20Market%20%26%20Property%20Images/Stamp-Duty400x310.png)
Agents and other property professionals have, perhaps unsurprisingly, reacted positively to rumours of a Stamp Duty cut. Prime Minister Liz Truss and...
22 September 2022
From: Breaking News
![Russians in London given six months to reveal true ownership or sell-up](/upload/images/Locations/russia%20flag.png)
The UK government appears to have given sanctioned Russian property owners a get-out-of-jail card valid for six months. It’s been confirmed that...