Housing affordability ratios have fallen back to pre-pandemic levels but remain high, Office for National Statistics (ONS) data shows. The latest figures...
Archive
26 March 2024
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
![Second steppers ‘may get poor deal in current market’ - claim](/upload/images/Housing%20Market%20%26%20Property%20Images/PropertyMarket-2-400x310.jpg)
A financial analyst has suggested homeowners may be better off staying put in the current market. CMC Markets has predicted a likely...
06 September 2022
From: Breaking News
![Building society urges buyers to be ‘more realistic’ about housing aspirations](/upload/images/Housing%20Market%20%26%20Property%20Images/FamilyPhoto-400x310.jpg)
First-time buyers have been urged to manage their expectations after it revealed that 79% believe their first home will meet all...
23 August 2022
From: Breaking News
![‘Dash for property over’ as price growth slows - Nationwide](/upload/images/Logos/NationwideLogo-400x310.png)
House price growth slowed in June but remains in double figures, Nationwide data shows. The latest Nationwide House Price Index shows property...
01 July 2022
From: Breaking News
![Forget Help To Buy Equity Loan - welcome to Deposit Unlock](/upload/images/Housing%20Market%20%26%20Property%20Images/GenerateRevenueImage-400x310.jpg)
A housebuilding-led mortgage indemnity scheme called Deposit Unlock has now been launched nationally with 17 major developers taking part. Nationwide is the...
26 November 2021
From: Breaking News
![What future for Propertymark? Chief to be quizzed by critic of NAEA](/upload/images/library/NAEA-ARLA-Propertymark-400x310.jpg)
Propertymark’s chief executive - officially still in post on just an interim basis - is to face questions from a past...
14 October 2021
From: Breaking News
![Stamp Duty: should it change to promote much more downsizing?](/upload/images/Politics%20(MPs%2C%20party%20logos%2C%20etc)/RishiSunak-400x310.jpg)
An interesting demand has been made of Chancellor Rishi Sunak - to consider reforming stamp duty with thresholds revised to reflect...
06 October 2021
From: Breaking News
![First asking price drop of 2021 - market cooling in latest Rightmove index](/upload/images/Logos/RightmoveNewLogo2016-400x310.jpg)
The average asking price, as recorded by Rightmove, has fallen for the first time this year. In another sign that the market...
16 August 2021
From: Breaking News
![Not just first time buyers facing affordability issues, research shows](/img/default/eat.png)
The apparent plight of first time buyers hits the headlines frequently but new research shows that second steppers face a wide...
26 May 2021
From: Breaking News
![Sequence agency chain links with part exchange service](/img/default/eat.png)
The land and new homes division of Sequence has signed a deal to offer fully-funded part exchange and home buying services...
23 April 2021
From: Breaking News
![Rightmove says prices for 'second-time-buyers' at record high](/img/default/eat.png)
The so-called ‘trade up gap’ for people buying for the second time has grown to a record £67,761 according to Rightmove. The...
06 October 2020
From: Breaking News
![Exclusive: new app allows agents to test interest in properties pre-sale](/img/default/eat.png)
A new app is being launched which allows agents to gauge possible interest in a property before it is formally put...
28 November 2019
From: Breaking News
![Market worries: mortgage lending falls to six-month low](/img/default/eat.png)
The number of new mortgages approved by banks fell to a six-month low in September - but the annual figure shows...
25 October 2019
From: Breaking News
![Stamp Duty: would these three radical reforms work?](/img/default/eat.png)
A blog for the British Property Federation has come up with three radically different proposals for stamp duty, providing food for...
13 September 2019
From: Breaking News
![Downsizing stamp duty exemption 'would boost market and Treasury'](/img/default/eat.png)
Over a fifth of pensioners say they would be encouraged to downsize if there was a stamp duty incentive - particularly...
30 August 2018
From: Breaking News
![Not just Mum and Dad - more evidence that families help people move](/img/default/eat.png)
Many existing homeowners wanting to trade up now rely on financial help from family and friends to help make the jump...
03 July 2018
From: Breaking News
![Trouble ahead thanks to older home owners, lenders warn](/img/default/eat.png)
Gross mortgage lending is set to reach its highest level since 2007 despite Brexit, says the Intermediary Mortgage Lenders Association. But its...
29 March 2018
From: Breaking News
![Asking prices hit record highs in key sectors, says Rightmove](/img/default/eat.png)
Average asking price of newly-marketed property have jumped 1.5 per cent - or over £4,500 - in the past month, says...
19 March 2018
From: Breaking News
![Some London prices fall up to 15% despite rises in much of England and Wales](/img/default/eat.png)
Average house prices rose 0.5 per cent in February, making it the biggest rise in five months according to the latest...
13 March 2018
From: Breaking News
![First time sellers must find average of £136,000 to move to their next home](/img/default/eat.png)
A survey by Lloyds Bank has revealed that the average ‘first time seller’ requires very nearly £136,000 to bridge the gap...
05 March 2018
From: Breaking News
![Countrywide chief says housing market help should be 'tenure-neutral'](/img/default/eat.png)
Countrywide chief executive Alison Platt says she welcomes the government’s scrapping of stamp duty for first time buyers purchasing homes under...
27 November 2017
From: Breaking News
![Property industry reacts to the Autumn Budget](/img/default/eat.png)
Earlier this week, Chancellor Philip Hammond delivered the Autumn Budget with a strong focus on housing. The decision to cut stamp duty...
25 November 2017
From: Features
!['Second Steppers' face bigger challenge than first time buyers - claim](/img/default/eat.png)
Homeowners ready to take their second step up the property ladder say it's harder than getting on it in the first...
29 August 2017
From: Breaking News
![London’s prime housing market is no longer roaring](/img/default/eat.png)
Being a leading world-class city comes at a price – they are the most expensive for occupiers and the most lucrative...
14 July 2017
From: Features
![Not just first timers - many 'second steppers' need parental help to buy](/img/default/eat.png)
New research suggests the Bank of Mum and Dad is now helping so-called ‘second steppers’ - existing owners moving up the...
26 June 2017
From: Breaking News
![Budget 2017: Pleas for reform fall on deaf ears](/img/default/eat.png)
Chancellor Philip Hammond delivered his first Budget this week pledging extra funding for the NHS, transport in the Midlands and the...
11 March 2017
From: Features
![Why no stamp duty reform? Angry agents ask Hammond](/img/default/eat.png)
Estate agents are angry that Chancellor Phillip Hammond made no attempt in his first Spring Budget to reform stamp duty -...
09 March 2017
From: Breaking News
![Sentiment survey shows 'second steppers' are optimistic](/img/default/eat.png)
Confidence amongst ‘second steppers’ - those aiming to sell up to move to larger homes - is improving according to a...
20 October 2016
From: Breaking News
![Housing must remain top of the government’s agenda](/img/default/eat.png)
With the number of new homes being built across the UK still significantly below the level needed to meet demand, housebuilders...