Savills has today upgraded its five-year UK mainstream house price forecast to reflect the stronger than expected start to the year...
Archive
Prominent housing and mortgage experts are downplaying the chance of an interest rate cut following the Bank of England monetary policy...
03 May 2024
From: Breaking News
A recent announcement by housing giants Persimmon has been heralded as a welcome boost to the property sector. In a trading update they...
03 May 2024
From: Breaking News
Just as the Nationwide showed the impact of rising mortgage costs on house prices, so another raft of lenders have made...
02 May 2024
From: Breaking News
Only realistic sellers willing to negotiate prices are successful in the current market, says one of the country’s leading estate agents. The...
02 May 2024
From: Breaking News
Purplebricks has launched launched a mortgage divison, known formally as Purplebricks Mortgages Limited This will see a team of more than 150...
30 April 2024
From: Breaking News
The Iamproperty service says it’s seen £450m of sales in the first three months of 2024 - a record quarterly figure. Between...
30 April 2024
From: Breaking News
Higher mortgage rates are a drag on house price growth says Zoopla - and it’s produced startling figures to prove it. The...
29 April 2024
From: Breaking News
UK house prices may be broadly static but sales volumes are up 12% year on year according to Zoopla data out...
29 April 2024
From: Breaking News
An analysis by Rightmove reveals that the average interest rate for a two year fixed mortgage at 95% loan to value...
25 April 2024
From: Breaking News
Detached homes in Wales are the slowest property types to sell across the UK and take an average of 92 days...
24 April 2024
From: Breaking News
The number of new sellers coming to the market is up by 12% compared to this time a year ago, and...
22 April 2024
From: Breaking News
The jargon and complicated house moving process is deterring as many as 2.2m owners from entering the market, claims Zoopla. The portal...
18 April 2024
From: Breaking News
Average mortgage rates have ticked up ahead of the typically busier spring home selling season but borrowers are at least benefiting...
09 April 2024
From: Breaking News
Average house prices fell on a monthly basis for the first time since September 2023 during March as higher mortgage rates...
08 April 2024
From: Breaking News
House prices dipped on a monthly basis during March but annual growth improved, Nationwide data shows. The latest Nationwide House Price Index...
03 April 2024
From: Breaking News
Mortgage approvals rose for the sixth consecutive month in February and are at the highest level since September 2022, Bank of...
03 April 2024
From: Breaking News
The share of homes purchased by first-time buyers so far this year has been pushed to record levels, but most are...
02 April 2024
From: Breaking News
Estate agents are hopeful for a busy spring market after official data showed a small rise in property sales in recent...
02 April 2024
From: Breaking News
Borrowers are currently rolling off relatively favourable two-year fixed-rate deals agreed at the start of 2022, but the pain from higher...
30 March 2024
From: Features
The gap between the costs of home ownership and renting has reached its smallest level since 2019, according to the latest...
27 March 2024
From: Breaking News
The best news for the property sector to come from Chancellor Jeremy Hunt’s Spring Budget statement came not from any fiscal...
20 March 2024
From: Features
The gap between the price a seller wants and what a buyer is willing to pay is at risk of widening,...
19 March 2024
From: Breaking News
Average asking prices have increased at their highest rate for 10 months during March but the property market remains sensitive, Rightmove...
18 March 2024
From: Breaking News
The mortgage price war appears to have eased and the shelf life on home loans has hit a six-month low, Moneyfacts...
13 March 2024
From: Breaking News
The prime London sales market has made a hesitant start to 2024, Knight Frank has said. Despite the agent and property brand...
12 March 2024
From: Breaking News
Average house prices rose for the fourth consecutive month during February, figures from Halifax show, but it is unclear how long...
08 March 2024
From: Breaking News
Foxtons has recorded a 31% annual increase in the value of its under offer pipeline during the first couple of months...
06 March 2024
From: Breaking News
I was chatting to a genuine city gent the other day (someone who has enjoyed a career in suits, ties, shares...
02 March 2024
From: Features
Lower mortgage rates gave the housing market a boost in February with supply and sales all moving higher, Zoopla claims. The portal’s...
29 February 2024
From: Breaking News
Around half of agents remain confident about the housing market’s prospects this year, research suggests. A survey of almost 600 estate agents,...
29 February 2024
From: Breaking News
Almost 2m aspiring homeowners do not think they will be able to follow in the footsteps of their parents by owning...
26 February 2024
From: Breaking News
Our latest research has revealed London’s six best performing boroughs when it comes to positive property price growth. But a wider trend...
24 February 2024
From: Features
Every year the media writes a lot about house price crashes, and often pose the question whether this is the year...
23 February 2024
From: Breaking News
Properties favoured by first-time buyers are typically selling for an average of 8% or £20,300 below the local market average, Zoopla...
22 February 2024
From: Breaking News
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
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
Older borrowers were deterred by high mortgage rates last year, bank data suggests. Quarter four figures from UK Finance show a 37.1%...
20 February 2024
From: Breaking News
New Year momentum in the property market has carried into February and new listings are at a four-year high, Zoopla claims. The...
16 February 2024
From: Breaking News
The housing market is "turning a page" with fewer price reductions and higher achieved prices, Hamptons claims. A January market activity update...
14 February 2024
From: Breaking News
Zoopla is holding onto its predictions of a 2% average house price drop this year and said high- value regions in...
13 February 2024
From: Breaking News
After years of saving, hard work, and market watching, being able to view and make an offer on a property is...
10 February 2024
From: Features
Record numbers of future vendors sent a request for an estate agent to come and provide a market appraisal of their...
08 February 2024
From: Breaking News
Average house prices will fall 3.6% in the first quarter of the year, according to forecasts by reallymoving.com. The research is based...
05 February 2024
From: Breaking News
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
Average house prices rose between December and January but a rapid rebound is unlikely, Nationwide has warned. The latest Nationwide House Price...
01 February 2024
From: Breaking News
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
Building more homes is a better solution than mortgage schemes to support first-time buyers, a Zoopla executive has claimed. Richard Donnell, executive...
30 January 2024
From: Breaking News
Downsizers could free up an estimated £209,215 worth of equity, according to research from national estate agency Jackson-Stops. Its annual research on the ‘downsizer...
30 January 2024
From: Breaking News
Mortgage rates may be falling but tougher lending criteria is stifling many borrowers, including high earners. Research by Investec has found the...
30 January 2024
From: Breaking News
Property supply and demand have rebounded since the start of the year amid falling mortgage rates but sellers are still making...
29 January 2024
From: Breaking News
The negative effects of higher mortgage rates on affordability were overestimated throughout 2023, TwentyCi claims. The property data firm highlights that house...
24 January 2024
From: Breaking News
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
Paul Hilton, CEO of leading Scottish property portal ESPC Homeowners who are considering moving on to a new property in 2024 are...
20 January 2024
From: Features
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
Negative outlooks appear to be reducing amid property professionals as falling mortgage rates filter through to the housing market, according to...
18 January 2024
From: Breaking News
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
Mortgage rates have continued to fall this morning, with Santander releasing a new market leading deal below 4%. The lender has unveiled...
10 January 2024
From: Breaking News
Average mortgage rates have hit a six-month low, giving new hope to buyers looking to climb on or up the property...
09 January 2024
From: Breaking News
House prices ended 2023 up 1.7%, Halifax has claimed. The lender’s latest House Price Index for December 2023 suggests the price of...
08 January 2024
From: Breaking News
Let’s start at the very beginning - Happy New Year. Now, let’s give thanks to the guy who made January 1st...
06 January 2024
From: Features
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
Home movers have been given a “belated Christmas present” as mortgage rates continue to drop, it has been claimed. It comes as...
04 January 2024
From: Breaking News
Average house prices ended 2023 down 1.8%, according to Nationwide. The lender’s December House Price Index, based on its own mortgage lending...
02 January 2024
From: Breaking News
We’re now just 2 days away from the end of 2023 and what a year it’s been for the property industry....
30 December 2023
From: Features
Increasing numbers of auction sales are at risk of failing in 2024 if vendors don’t adjust their expectations, an auctioneer claims. Stuart...
29 December 2023
From: Breaking News
Lower interest rates and real wage growth will halt price falls next year but sales will remain lower, Hamptons has predicted Forecasts...
28 December 2023
From: Breaking News
The number of Londoners leaving the capital to move elsewhere in Great Britain has fallen back this year but first-time buyers...
27 December 2023
From: Breaking News
It’s a myth that the property market slows over the festive period, The ValPal Network (TVPN) claims. Data from the lead generation...
27 December 2023
From: Breaking News
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
New homes – we need more in ‘24 2023 was a year which saw the 'need to moves' active in the housing...
23 December 2023
From: Features
This year has seen an ongoing cost-of-living crisis, fluctuating mortgage rates, rising rents, and the threat of falling property prices. Although average...
23 December 2023
From: Features
The final weeks of 2023 have recorded above average levels of new sales with a 17% increase compared to the same...
22 December 2023
From: Breaking News
A third of Jackson-Stops agents are expecting a “modest decrease” in house prices next year with some offices expecting drops of...
21 December 2023
From: Breaking News
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
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
Agents and surveyors are at their most positive about the housing market for the first time since January 2022. The November 2023...
14 December 2023
From: Breaking News
Average mortgage rates have fallen for the fourth consecutive month and borrowers can now get a two-year fix below 6%. The latest...
12 December 2023
From: Breaking News
Fraud in the lettings industry is reaching unprecedented heights. Now, more than ever, there is a need for a revolution in...
09 December 2023
From: Features
House prices increased for the second consecutive month in November, according to Halifax. The lender’s latest House Price Index recorded monthly growth...
08 December 2023
From: Breaking News
Visits to Rightmove have fallen by 18% in the past year as high mortgage rates hit the national market from the...
05 December 2023
From: Breaking News
Rightmove is anticipating a 1% average drop in national asking prices by the end of next year. The latest forecasts from the...
04 December 2023
From: Breaking News
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
Around half of homebuyers will continue to postpone plans to purchase a property after the Autumn Statement failed to provide sufficient...
30 November 2023
From: Breaking News
Agents and sellers are taking an average 5.5% discount on listings to secure a sale, new Zoopla data shows. The portal’s latest...
28 November 2023
From: Breaking News
The lending outlook is improving for the housing market but psychological milestones remain, Knight Frank warns. The latest UK market commentary from...
20 November 2023
From: Breaking News
By Kevin Shaw, National Sales, Managing Director, Leaders Romans Group This year has seen an ongoing cost-of-living crisis, fluctuating mortgage rates, rising...
18 November 2023
From: Features
The number of lenders offering sub-5% mortgage deals has doubled in the past month in a sign that the cost of...
17 November 2023
From: Breaking News
Many property professionals may be getting excited by lower inflation and falling mortgage rates but an auctioneer is warning that there...
16 November 2023
From: Breaking News
Two more major lenders have cut mortgage rates, prompting hopes that deals could seen come close to 3%. HSBC and Halifax have...
15 November 2023
From: Breaking News
Low deposit home buyers have been given a boost after product choice hit a 14-month high. Data from Moneyfacts shows the number...
14 November 2023
From: Breaking News
As we enter the winter months and a traditionally quieter time for the property industry - agents are still contending with...
11 November 2023
From: Features
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
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
The number of property sales recorded by HMRC is at its lowest level for almost a decade. New HMRC property transactions data...
01 November 2023
From: Breaking News
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
Zoopla is warning that there will be further house price falls in 2024 on top of the 4.5 per cent drop...
30 October 2023
From: Breaking News
As the UK economy faces a period of uncertainty characterised by a cost of living crisis and soaring inflation rates, many...
25 October 2023
From: Features
After a steady increase in mortgage rates, concerns about house prices have been rising too. The Financial Times reported in mid...