Archive

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

It usually takes a scandal or a reshuffle to remove a Government minister so it came as a bit of a...

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

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

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

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

The “ticking time bomb” of Help to Buy repayments could be set to explode due to the cost of living crisis,...

One in four mortgages lent to those under 30 now have a term of 35 years or more, new research suggests. This...

Buyers and sellers are still factoring energy efficiency into property valuations despite Prime Minister Rishi Sunak rolling back net-zero reforms. Analysis by...

It is just over one year since former Prime Minister Liz Truss and Chancellor Kwasi Kwarteng’s ill-fated mini-Budget and homeowners and...

To help or not to help: that is the question the government is facing with regard to under-pressure private rented sector...

The number of people taking out mortgages with terms of 35 years or more hit a high of 88,059 in 2022,...

Almost half of adults who currently pay rent or a mortgage have seen their payments increase over the past six months...

Mortgage borrowers are facing higher costs but banks are ‘resilient enough’ to withstand a 30% fall in house prices, the Bank...

The majority of mortgage lenders have committed to showing more flexibility to struggling borrowers but the Government has confirmed that support...

The hit to the economy from soaring mortgage rates will be equivalent to a 2p income tax hike, new analysis by...

The National Association of Property Buyers’ Jonathan Rolande gives his take on a manic week for the property market. This is the week when...

Homeowners face paying an extra £3,000 for their mortgage next year, new research suggests. Analysis from the Resolution Foundation thintank suggests that...

MPs have urged Prime Minister Rishi Sunak to hold an emergency summit in Downing Street with banks and mortgage lenders to...

Almost 400,000 borrowers on low-rate mortgage deals are in for a shock when their products expire this year, Equifax has warned. Analysis...

A strong labour market, growing consumer confidence and an increasing acceptance of a higher mortgage rate environment will support the housing...

The Government is backing a new trial to give homeowners who make their properties more energy efficient a mortgage rate cut. Perenna...

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...

The financial regulator has revised its own data on how many mortgage borrowers may face repayment difficulties as it calls on...

More than a tenth of homeowners expect to delay buying or selling a home this year due to the cost of...

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

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

The “great recalculation” of the property market will take at least six months to show, Knight Frank claims. Tom Bill, head of...

Homeowners are starting to consider solutions to deal with their rising monthly mortgage costs including downsizing, research claims. A survey of more...

The Bank of England increased interest rates from 3% to 3.5% yesterday, potentially pushing up costs for those looking to purchase property...

Increasing numbers of property buyers are now taking out mortgages with terms of more than 30 years, new figures show. The latest...

One of the UK’s largest building societies is urging the government to provide more homebuying support as research warns of a...

The Government is being urged to create a mortgage protection fund to support homeowners who are struggling with repayments. It comes as...

The number of viewings per sale should be used as an indicator for the health of the housing market, a senior...

A third of adults are struggling to pay their monthly rent or mortgage payments, new data shows. The figures from the Office...

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

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

Leeds Building Society has pledged to honour any mortgage offers and support borrowers during this period of market uncertainty. It comes as...

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

As I watched Liz Truss take to the stage at this week’s Conservative Party conference, my eyes were drawn to the sign behind her. “Getting Britain...

A quarter of borrowers would be unable to afford their mortgage repayments if interest rates hit 5% but the threat of...

The increased energy price cap could hit first-time buyers and the wider property market, new research suggests. It comes as households are...

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

Most of us can only dream of buying a prime home, and new research by a mortgage broker has reinforced this...

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

There’s talk of 50-year mortgages being introduced, loans that, along with the property they finance, could be passed to the next...

Right now, one topic seems to be dominating talk in the industry. Everywhere I go people tend to quiz me about...

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

Property professionals and MPs were left wanting more after Prime Minister Boris Johnson’s much-anticipated housing announcements yesterday. Johnson yesterday promised a review...

A lack of mortgage knowledge could be holding buyers back, research claims. A survey of more than 1,000 consumers by Nottingham Building...

A rule change has been introduced this week in a bid to make equity release customers reduce interest costs. The option to...

Earlier this month, the government’s energy regulator Ofgem announced a record 54 percent increase to the energy bill price cap. Combined...

The Building Societies Association’s regular confidence tracker about the housing market shows rising pessimism over interest rates, the escalating cost of...

Despite the latest Halifax house price index showing a 10.8 per cent annual rise, a leading housing market analyst is warning...

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

Here’s the odd thing about interest rates - we all care about them, but they don’t directly affect that many people...

Without doubt, 2021 was an exceptional year in the property market, with the stamp duty holiday and favourable market conditions helping...

The Bank of England has increased the base rate from 0.25 per cent to 0.5 per cent. This means a typical tracker...

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

The Bank of England has raised interest rates for the first time in more than three years, in response to surging...

It’s been a busy and arguably fruitful year for the property market, with an eager consumer base pushing forwards with their...

The Bank of England’s monetary policy committee has defied expectations by keeping base rate at its historic low of 0.1 per...

Analysts suggest there is a 50:50 chance of a base rate rise being announced by the Bank of England’s Monetary Policy...

New figures from HM Treasury have revealed that businesses, including a number of major agencies, have returned £1.3 billion in furlough...

Many Britains are apparently under-estimating the impact of furlough on their ability to get a mortgage and buy a property. A new...

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

The Competition and Markets Authority has struck a deal with house builders over leasehold abuses. Aviva has committed to remove certain terms...

Some sellers are suffering cash flow issues as a result of glitches in the Capital Gains Tax reporting system, according to...

The current crisis has led to many of us to re-evaluate our lives to ensure that we put ourselves in the...

There’s a new warning that the estate agency industry may be in a more fragile financial condition than before the pandemic,...

You can’t blame agents for trying to get the highest possible price for their vendor’s property, but Purplebricks probably wins the...

From 4 May 2021, your agency could be blocked from charging late fees, compounding interest on missing rent and taking any...

A broker has launched the UK’s longest-ever fixed rate mortgage, with no early repayment charge or exit fees - the first product...

Agents and a wide range of property experts have demanded yet more government funds to end the cladding crisis that is...

Housing Secretary Robert Jenrick has announced “an exceptional intervention” promising that leaseholders in high-rise buildings above 18 metres will bear no...

Smaller independent agencies that took out government Bounce Back loans to help them through the Coronavirus crisis now have more time...

It’s that time of year again. Black Friday has been and gone and the run-up to Christmas is well and truly...

A new report funded by high profile consumer champion Martin Lewis says the government must do more to help ‘mortgage prisoners’. These...

Chancellor Rishi Sunak has outlined his measures to help agencies and other businesses survive Coronavirus. His announcements - endorsed by both the...

A new league table drawn up by a property advice website may be the most authoritative yet for first time buyers...

The number of full property details viewed on Rightmove - a key indicator of market health - is already stronger than...

Rightmove and Knight Frank are today both calling for a series of government incentives to kick-start the market after the Coronavirus...

There has been broad support and relief amongst property industry players following announcements from several lenders that they would grant mortgage...

As an agent, it’s part of your role to protect and advise your clients throughout the buying and selling process. Mortgages are...

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

The Housing Secretary says he wants to make home ownership more affordable for first time buyers - which could mean discounts...

The number of UK residential mortgages approved with a term of 40-years or more jumped over 20-fold in 2018. London estate agency...

A review website set up by a former estate agent says £1m of new funding will allow it to roll out...

Over 50 per cent of all mortgage products available to home buyers in the UK currently have a standard maximum term...

Monthly mortgage payments as a proportion of income have dropped to 31 per cent now from 43 per cent a decade...

The rise and rise of Equity Release continues with a more-than-doubling of the number of product options on the market in...

Out and about recently, I got to thinking: how often do I actually have the call for cash anymore? Or, for...

Potential first-time buyers in every area of the UK would have lower monthly outgoings if they bought a property rather than...

There is a common misconception that the private rented sector (PRS) is entirely made up of young professionals and students. While...

There has been a big rise in activity in the equity release market based on data from the first quarter of...

A 1.0 per cent interest rate rise would add £930 a year to the cost of servicing the average mortgage, according...

Confidence in buying property remains negative according to the quarterly sentiment measure undertaken by the Building Societies Association. Over a quarter of...

Some good news is here for landlords and letting agents worried about the energy efficiency rating of their property – the...

There has been some really interesting talk recently of the relationship between FinTech (Finance Technology) and PropTech (Property Technology). A few...