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

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...
15 December 2021
From: Breaking News

Mortgage lenders have announced a voluntary moratorium on possessions from today, December 13, until Tuesday January 4. A statement from the umbrella...
13 December 2021
From: Breaking News

Following a month in which the number of property transactions was the highest since records began, it might seem a little...
14 August 2021
From: Features

Banks and building societies want the government to offer more help to the housing market through additional assistance to home owners...
28 May 2021
From: Breaking News

Mortgage availability has risen for the fifth consecutive month according to respected market monitor Moneyfacts. With 3,532 products on offer, this is...
10 March 2021
From: Breaking News

The UK has topped the rankings for the highest property taxes as a percentage of overall taxation in the developed world...
09 December 2020
From: Breaking News

One in six home owners with a mortgage across the UK are now on some form of payment holiday with lenders...
22 June 2020
From: Breaking News

The outlook for the housing market is still taking shape, but here I take a look at three market indicators to...
30 May 2020
From: Features

There’s been a cautious welcome for the extension to the current mortgage holiday scheme, due to run out for ‘early adopters’...
22 May 2020
From: Breaking News

Two financial trade bodies say most mortgage providers will give customers who have exchanged contracts the option to extend their mortgage...
30 March 2020
From: Breaking News

It’s been reported that the government is talking with banks and building societies about putting the housing market ‘on ice’ during the...
27 March 2020
From: Breaking News

The government has at last issued extensive advice on home moving and the activities of estate agents during the continuing Coronavirus crisis. This...
27 March 2020
From: Breaking News

There has been broad support and relief amongst property industry players following announcements from several lenders that they would grant mortgage...
11 March 2020
From: Breaking News

Predictions that landlords are not buying properties to let out because of tougher rental taxes and regulations appear to be short...
19 February 2020
From: Breaking News

Analysts are putting a surprise surge in mortgage approvals from banks down to a spike in applications ahead of the General...
02 January 2020
From: Breaking News

There was an increase in the number of first time buyers getting on the property ladder in September compared to the...
20 November 2019
From: Breaking News

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

Cash buyers have fallen in 90 per cent of major UK cities over the past three years according to a Zoopla...
30 September 2019
From: Breaking News

There's good news for the market in at least one sector - mortgages offered to first time buyers. Latest figures from the...
18 September 2019
From: Breaking News

First time buyers will constitute the largest single group of purchasers in 2019, despite the apparent difficulties of deposits and securing...
09 September 2019
From: Breaking News

Brexit is not deterring first time buyers this year according to an analysis by the Yorkshire Building Society. It says that despite...
19 August 2019
From: Breaking News

The number of owners' properties being repossessed jumped 15 per cent year on year in the second quarter of 2019. There were...
12 August 2019
From: Breaking News

Data from UK Finance, which represents most of the country’s lenders, shows that gross mortgage lending across the residential market in...
25 July 2019
From: Breaking News

Online estate agency Yopa is warning of price falls ahead in London and south east England - although price rises elsewhere...
17 July 2019
From: Breaking News

Theresa May arrived in Downing Street some three years ago - but her premiership has not been a smooth ride. As she...
06 July 2019
From: Features

The number of mortgages approved by High Street banks increased 5.4 per cent to 44,000 in April. Data from trade body UK...
29 May 2019
From: Breaking News

Agents have reacted gloomily to the release of figures showing that the number of new mortgages offered to both movers and...
17 May 2019
From: Breaking News

Figures released this morning show a surge in first time buyers securing mortgages in recent months, despite the market showing continued signs...
12 March 2019
From: Breaking News

After several days of gloomy market news, here's something more optimistic - there were 370,000 new first time buyer mortgages completed in...
20 February 2019
From: Breaking News

The number of movers has declined by around 50 per cent since the halcyon days of 2006, before the global financial...
20 February 2019
From: Breaking News

The National Association of Estate Agents has met with other members of a high-level government board to look at ways of...
15 January 2019
From: Breaking News

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

There is a perfect storm brewing in the lettings market, and as the saying goes, “you can’t change the direction of...
12 December 2018
From: Features

Mainstream bank lending for house purchases grew by 3.6 per cent in October compared to the same month last year. However the...
27 November 2018
From: Breaking News

Mortgage approvals fell again in September - this means that every month of 2018 so far has seen a drop against...
25 October 2018
From: Breaking News

Figures from the mortgage lenders’ umbrella group, UK Finance, suggest the government desire to see more first time buyers and fewer...
17 October 2018
From: Breaking News

There’s been another drop in mortgage arrears and possessions for owner occupiers - although an increase for some elements of the...
10 August 2018
From: Breaking News

Total mortgage approvals by the main High Street banks increased three per cent in May over the same month last year...
27 June 2018
From: Breaking News

The housing market may have seen some depressing figures of late but there’s good news about mortgage arrears - they’re at...
11 May 2018
From: Breaking News

Fewer mortgages were approved for home buyers last month than in the same month a year ago according to figures from...
27 April 2018
From: Breaking News

Property purchases for buyers requiring mortgages reached 50,000 in February, the highest level for the month since 2007. The data, from mortgage...
18 April 2018
From: Breaking News

The switchback of house price indices and other data on the state of the market has taken a turn for the...
15 March 2018
From: Breaking News

Despite a string of property pundits suggesting the market is slowing down, new figures from the Office for National Statistics show...
14 February 2018
From: Breaking News

Stamp duty reform for first time buyers has taken pride of place in the Budget speech of Chancellor Phillip Hammond. From today,...
22 November 2017
From: Breaking News

The spread and sophistication of financial crime in the UK in recent years has been unprecedented. Figures from UK Finance show that...
04 November 2017
From: Features

New figures from UK Finance, the umbrella body for finance houses, show gross mortgage lending in September rose to £21.4 billion...
26 October 2017
From: Breaking News

An industry analyst says some agents may find it tough to survive in 2018 if they’re hit by a double whammy...
24 October 2017
From: Breaking News

Mortgage lending reached £24.2 billion in August according to latest estimates by UK Finance. There were some 41,807 house purchase approvals, with...
27 September 2017
From: Breaking News

Jackson-Stops & Staff, a critic of the stamp duty system since its reform in 2014, now says the government should slash...
31 August 2017
From: Breaking News

New data from UK Finance - previously the Council of Mortgage Lenders - paints a relatively optimistic assessment of the UK-wide...
24 August 2017
From: Breaking News

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