Archive

Stamp duty rebates and cash to improve energy efficiency are being demanded by one of the country’s biggest mortgage lenders in...

New statistics from the Financial Conduct Authority, analysed by a legal firm, show the clear disadvantage and worsening picture for single...

Lenders are predicting a busy quarter for supply and demand of mortgages. The Bank of England’s latest Credit Conditions Survey showed lenders...

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

Lloyds Banking Group (LBG) has become the latest member of the Open Property Data Association (OPDA), committing to help speed up...

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

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

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

Mortgage rates may be falling but tougher lending criteria is stifling many borrowers, including high earners. Research by Investec has found the...

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

House prices ended 2023 up 1.7%, Halifax has claimed. The lender’s latest House Price Index for December 2023 suggests the price of...

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

Mortgage lenders are expecting a quieter year for home loans in 2024. Forecasts from banking trade body UK Finance suggest lending for...

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

Nationwide has called for an independent review of the first-time buyer market as it urges the Chancellor to boost support for...

The lending outlook is improving for the housing market but psychological milestones remain, Knight Frank warns. The latest UK market commentary from...

The number of lenders offering sub-5% mortgage deals has doubled in the past month in a sign that the cost of...

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

Mortgage searches on behalf of borrowers using gifted equity or making a concessionary purchase from a family member rose by 75%...

United Trust Bank (UTB) has become the first lender to sign up to the Open Property Data (OPDA) Association. Additionally, the bank’s...

Mortgage lending has dropped and buyers are no longer stretching their affordability limits, UK Finance claims. New data from the banking trade...

Record numbers of homebuyers are set to get on the property ladder with the help of the “Bank of Family” this...

Forget the Bank of Mum & Dad, now even siblings are chipping in to help brothers and sisters onto the property...

The share price of LSL Property Services dropped around 16 per cent at one point yesterday following a profits warning given...

In his latest column Jonathan Rolande explains why estate agents need to ditch selling techniques and brush up on persuasion to...

It may be all change - again - at the Department of Levelling Up, Communities and Local Government if media speculation...

Mortgage lending criteria and products are failing to keep up with more energy-efficient homebuilding techniques, it has been claimed. The Home Builders...

In the fiercely competitive property industry, staying ahead of the game is essential for thriving and achieving success. That's where the...

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

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

Homeowners are unaware of the risks posed by encroachment of bamboo from adjoining properties and the costs of repairing the serious...

The chief executive of the Building Societies Association is warning that mortgage lending - already down on last year - is...

In simple terms, as you are probably aware, ‘lenders’ are the organisations who loan you something, in this case money to...

100% mortgages are rumoured to be making a comeback. The products were blamed as a cause for the 2008 financial crash, with...

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

Purchase mortgage searches fell by almost a fifth last month as the Easter period dampened property market activity and there are...

First-time buyers in the UK are paying almost a third more to get on the property ladder than they were five...

Hometrack has launched a property listings data product for agents to help analyse their local market. Powered by Zoopla data, the product...

Property professionals have given their backing to new guidance on cladding. A webinar poll by Countrywide Surveying Services (CSS) has revealed that...

Sellers resistant to cutting asking prices may soon be left with little choice if the mortgage market remains depressed, a broker...

It was a busy 2022 for the so-called Bank of Mum and Dad and 2023 could be more manic for parents,...

ANY REPOSSESSION is a tragedy for the person involved, and latest figures indicate the number of victims falling victim is currently...

House prices could drop by almost 25% ‘start-to-trough’ or by as much as 40% in severe circumstances, Lloyds Banking Group has...

Only 11% of property businesses including estate agencies increased staff pay last year, a new report officially launched next week claims. Property...

The cost of living crisis in the UK has majorly impacted thousands of peoples’ plans to move home, with mortgage lending...

It seems as if optimism is out of fashion right now: just look at the headlines to see what I mean....

The Energy Performance Certificate (EPC) is the direct result of European Legislation. They were introduced because of the Energy Performance of...

Strike chief executive Sam Mitchell has blamed uncertainty since the September mini-Budget and rising mortgage rates for making the market more...

New year, old worries: what’s happening in the housing market? We’ve asked experts and collated forecasts, 15 in total. On the one...

Usually, I enter January with a spring in my step - optimistic about what the future holds.  Two years ago, after the...

An interest rate drop is top of the new year wish list among property professionals, a survey claims. A webinar poll among...

Only 16% of property listings are currently compliant with upfront information rules, it has been claimed. Agents are currently required to include...

Over the later part of 2022, we have experienced unprecedented economic and political turmoil, which will remain as we head into...

The cost of living crisis and rising interest rates will lead to a decline in property transactions and mortgage lending next...

Is it really just a year ago that we were nervously wondering whether yet another Christmas would be Covid-affected? Little did we...

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

As economic signs increasingly point to a contraction in the property market, competition for new business will inevitably heat up. But...

New mortgage lending data from the Bank of England has indicated a slowdown in property market activity during October but agents...

LSL has warned of a slowdown in sales and a rise in fall-throughs at the agency as it issued a “cautious...

Barclays is piloting a new reward scheme for homeowners who are keen to make green improvements to their home but are...

Mortgage rate hikes have already halved landlord profits according to latest research, and a base rate rise to 2.5% will see...

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

Lloyds Bank has said it is focusing lending on “slightly better off customers” as it warns that house prices could fall...

With UK interest rates on the rise, following the mini-Budget announcement (now since almost entirely reversed), and several lenders pulling mortgage...

Hundreds of thousands of mortgage applications could fail in the coming decade as lending criteria tightens amid the cost of living...

The latest research from property consultancy Knight Frank has set out which areas of the UK have the largest proportion of...

First-time buyers and homeowners seeking to sell alike are worried and confused about the current state of the housing market. With the average...

The average monthly mortgage payment for a household buying a first-time buyer home would increase to £1,302 if the average mortgage...

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...

Record numbers of buyers have taken out fixed rate mortgages to lock-in lower priced home loans before rates rise further, analysis...

Properties are being down valued by up to 5% in some areas of the UK in the sign of a housing...

In this guest piece, Kevin Shaw, National Sales Managing Director at Leaders Romans Group, looks at whether house prices will start to cool...

Agents have been warned that they risk letting down their clients by denying the prospect of a housing market correction. Charlie Lamdin,...

In this Guides & Tips piece, Brian Murphy, Head of Lending at Mortgage Advice Bureau, offers insight into what rate rises...

Annual house price growth has dropped to its lowest level this year and is back to single digits, official data shows. The...

Research over recent years has regularly pointed to the Bank of Mum & Dad being one of the UK’s biggest lenders,...

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

Late last week, Leeds Building Society announced that it would no longer lend on second homes to concentrate on first-time buyers...

In this Guides & Tips piece, the team at Together set out what Right to Buy is and who is eligible. If...

The housing market appears almost as stubborn as now caretaker Prime Minister Boris Johnson as it continues to defy predictions of...

Long-term 50-year mortgages that can be passed on by parents to their children appear to be the latest idea from the...

The Bank of England’s continued rise in interest rates – the latest being a shift up to 1.25% - is, in...

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

Almost half of the UK public think young people cannot afford to buy their own home because they spend too much...

The government is being urged to expand and make the Treasury’s mortgage guarantee scheme permanent and compulsory on home loans above...

Estate agents are being urged to reassess their fee structure and not be afraid to reflect the time and level of...

Many people in recent years will have become familiar with challenger banks such as Monzo, Starling and Atom. Many will have...

Buyers are being urged to act now to secure decent mortgage pricing as interest rates hit a 13-year high yesterday. The Bank...

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

Increasingly cautious mortgage lending could dampen the property market and cause more sales to fall-through, it has been warned. Recent house price...

A survey of 700 borrowers by a high net worth lender suggest almost four out of 10 have lost a mortgage...

The Skipton Building Society, which owns Connells estate agency, says the house-selling arm helped it reach a record profit pre-tax profit...

A prominent agency chief is warning that record house prices could lead to a housing bust if lending gets out of...

Mortgage lenders serving the housing market are set for a quieter 2022 after the unprecedented levels of activity seen in 2021,...

It really is beginning to look a lot like Christmas – just a week to go now. Presents all wrapped and...

As 2021 draws to a swift close, there is much speculation about what 2022 will have to offer. Despite the emergence of...

Lenders’ umbrella group UK Finance has given its housing and mortgage market forecasts for 2022 and 2023 together, plus a year-end report for 2021. It estimates...

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

Who are you and what does it say on your business card? I can’t remember the last time I had a business...

The investment arms of Savills and the Daily Mail General Trust have pumped more cash into online agency Yopa which has...