Archive

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

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

Propertymark has urged the Bank of England to cut interest rates “as soon as practically possible” after the trade body noted...

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

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

Mortgage arrears and claims for repossession are on the rise as official data shows how much homeowners are still struggling in...

Simon Jackson is Managing Director of SDL Surveying If we look at the latest data, it looks like there is something of...

Around half a million mortgage-holders are facing an imminent financial shock as their fixed deals end in the run-up to Christmas...

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

There’s been a sharp rise in mortgage arrears as high interest rates have hit the housing market - and now there’s...

We all want more transactions - the Holy Grail when it comes to agencies’ bottom lines - but an interesting aspect...

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

It’s a tough old road for today’s first-time buyers, with house prices and mortgage interest rates much higher than they were...

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

As Tennyson once observed…’.In the Spring, a young man’s fancy turns to thoughts of love…’.but not really. At the moment the...

It’s been a year since Housing Secretary Michael Gove declared that was “morally wrong” that leaseholders should pay to fix unsafe...

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

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

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

Let’s be completely honest - as challenges go, estate agents are up against it trying to persuade reluctant vendors to take...

Lower income households and homebuyers could start seeing their mortgage options dwindle as interest rates rise and the cost of living...

Issues with property titles and borrower affordability have been revealed among the main reasons why mortgage offers have been withdrawn. The results...

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

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...

Mortgage lenders have announced a voluntary moratorium on possessions from today, December 13, until Tuesday January 4.  A statement from the umbrella...

Following a month in which the number of property transactions was the highest since records began, it might seem a little...

Banks and building societies want the government to offer more help to the housing market through additional assistance to home owners...

Mortgage availability has risen for the fifth consecutive month according to respected market monitor Moneyfacts. With 3,532 products on offer, this is...

The UK has topped the rankings for the highest property taxes as a percentage of overall taxation in the developed world...

One in six home owners with a mortgage across the UK are now on some form of payment holiday with lenders...

The outlook for the housing market is still taking shape, but here I take a look at three market indicators to...

There’s been a cautious welcome for the extension to the current mortgage holiday scheme, due to run out for ‘early adopters’...

Two financial trade bodies say most mortgage providers will give customers who have exchanged contracts the option to extend their mortgage...

It’s been reported that the government is talking with banks and building societies about putting the housing market ‘on ice’ during the...

The government has at last issued extensive advice on home moving and the activities of estate agents during the continuing Coronavirus crisis. This...

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

Predictions that landlords are not buying properties to let out because of tougher rental taxes and regulations appear to be short...

Analysts are putting a surprise surge in mortgage approvals from banks down to a spike in applications ahead of the General...

There was an increase in the number of first time buyers getting on the property ladder in September compared to the...

The number of new mortgages approved by banks fell to a six-month low in September - but the annual figure shows...

Cash buyers have fallen in 90 per cent of major UK cities over the past three years according to a Zoopla...

There's good news for the market in at least one sector - mortgages offered to first time buyers. Latest figures from the...

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

Brexit is not deterring first time buyers this year according to an analysis by the Yorkshire Building Society. It says that despite...

The number of owners' properties being repossessed jumped 15 per cent year on year in the second quarter of 2019. There were...

Data from UK Finance, which represents most of the country’s lenders, shows that gross mortgage lending across the residential market in...

Online estate agency Yopa is warning of price falls ahead in London and south east England - although price rises elsewhere...

Theresa May arrived in Downing Street some three years ago - but her premiership has not been a smooth ride. As she...

The number of mortgages approved by High Street banks increased 5.4 per cent to 44,000 in April. Data from trade body UK...

Agents have reacted gloomily to the release of figures showing that the number of new mortgages offered to both movers and...

Figures released this morning show a surge in first time buyers securing mortgages in recent months, despite the market showing continued signs...

After several days of gloomy market news, here's something more optimistic - there were 370,000 new first time buyer mortgages completed in...

The number of movers has declined by around 50 per cent since the halcyon days of 2006, before the global financial...

The National Association of Estate Agents has met with other members of a high-level government board to look at ways of...

As 2018 draws to a close, it is fair to say that stretched affordability and uncertainty over the Brexit negotiations has...

There is a perfect storm brewing in the lettings market, and as the saying goes, “you can’t change the direction of...

Mainstream bank lending for house purchases grew by 3.6 per cent in October compared to the same month last year. However the...

Mortgage approvals fell again in September - this means that every month of 2018 so far has seen a drop against...

Figures from the mortgage lenders’ umbrella group, UK Finance, suggest the government desire to see more first time buyers and fewer...

There’s been another drop in mortgage arrears and possessions for owner occupiers - although an increase for some elements of the...

Total mortgage approvals by the main High Street banks increased three per cent in May over the same month last year...

The housing market may have seen some depressing figures of late but there’s good news about mortgage arrears - they’re at...

Fewer mortgages were approved for home buyers last month than in the same month a year ago according to figures from...

Property purchases for buyers requiring mortgages reached 50,000 in February, the highest level for the month since 2007.  The data, from mortgage...

The switchback of house price indices and other data on the state of the market has taken a turn for the...

Despite a string of property pundits suggesting the market is slowing down, new figures from the Office for National Statistics show...

Stamp duty reform for first time buyers has taken pride of place in the Budget speech of Chancellor Phillip Hammond.   From today,...

The spread and sophistication of financial crime in the UK in recent years has been unprecedented.  Figures from UK Finance show that...

New figures from UK Finance, the umbrella body for finance houses, show gross mortgage lending in September rose to £21.4 billion...

An industry analyst says some agents may find it tough to survive in 2018 if they’re hit by a double whammy...

Mortgage lending reached £24.2 billion in August according to latest estimates by UK Finance. There were some 41,807 house purchase approvals, with...

Jackson-Stops & Staff, a critic of the stamp duty system since its reform in 2014, now says the government should slash...

New data from UK Finance - previously the Council of Mortgage Lenders - paints a relatively optimistic assessment of the UK-wide...

Almost half of all property purchase valuations last month were conducted on behalf of first-time buyers according to Connells - well...

Gross mortgage lending reached £22.1 billion in June - that’s nine per cent higher than in May and three per cent...