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KEYWORD "finances" - 100 RESULTS
Spring Budget disappoints but OBR revises housing forecasts

The Office for Budget Responsibility (OBR) has almost halved its house price forecasts after another relatively quiet fiscal update for the...

07 March 2024

From: Breaking News

Cohabiting as a couple - what happens to the house if we split?

There are several pros to cohabitation, and it’s always a wonderful experience when you’re handed your set of keys as a...

03 February 2024

From: Features

High mortgage payments force Government minister to quit - claim

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

31 January 2024

From: Breaking News

Troubled town halls face even tougher times

The news in September that Birmingham City Council (‘Europe’s largest local authority’) had been forced to issue a Section 114 notice...

06 January 2024

From: Features

Mortgage lending to remain weak in 2024

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

28 December 2023

From: Breaking News

Happy returns - top tips to get set for the tax deadline

There are now less than 40 days until self-employed property professionals will need to submit their self-assessment tax return, and pay...

23 December 2023

From: Features

Agents hope for property tax review in Scottish Budget

Agents are hoping for further support for the housing market north of the border as the Scottish Government prepares to set...

18 December 2023

From: Breaking News

How managing your pipeline can help to increase market share

Despite the somewhat challenging year, we have seen many agents we work with continuing to flourish. We support hundreds of agents...

16 December 2023

From: Features

Bank of England: Interest rate rises haven't fully hit UK yet - warning

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

07 December 2023

From: Breaking News

OBR expects 7.6% 'peak to trough' house price dip

House prices will fall 7.6% 'peak to trough' by the end of 2024, the Office for Budget Responsibility (OBR) has claimed...

23 November 2023

From: Breaking News

Land Registry records first annual house price drop for a decade

The Land Registry has recorded the first annual drop in property values for a decade in its house price index. Both the...

16 November 2023

From: Breaking News

Consumers feeling ‘financially worse-off’ but sellers remain positive - survey

UK consumers are feeling financially worse off than they were a year ago but this sentiment isn’t necessarily reflected when it...

16 October 2023

From: Breaking News

Energy efficiency remains important to homebuyers and sellers

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

27 September 2023

From: Breaking News

A quarter of mortgage borrowers ‘struggling’ with repayments – ONS

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

17 July 2023

From: Breaking News

How to navigate the tough market to your advantage

This May, we saw almost twice as many properties listed for sale across the UK than there were in May 2022....

21 June 2023

From: Features

40-year mortgages - should you consider one?

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

03 June 2023

From: Features

Lenders warn of mortgage slump in second half of 2023

The chief executive of the Building Societies Association is warning that mortgage lending - already down on last year - is...

01 June 2023

From: Breaking News

Purplebricks finances 'significantly worse than expected' - claim

The investment group which today withdrew an offer to buy Purplebricks says it did so because "the financial condition of Purplebricks...

31 May 2023

From: Breaking News

Chestertons: London market is thawing as buyers and sellers return

Chestertons has reported an increase in buyer enquiries and listings as it heads into the traditionally busy spring market. The London estate...

02 May 2023

From: Breaking News

House price growth slows but remains positive - Halifax

The latest Halifax House Price Index gave estate agents renewed optimism last week amid the ongoing market crash debate after the...

11 April 2023

From: Breaking News

New service aims to secure and speed-up sales

A former estate agent-turned-online auctioneer has launched a new service that aims to speed up and secure sales. Stuart Collar-Brown, co-founder and...

23 March 2023

From: Breaking News

Budget 2023: OBR revises house price forecasts

The Office for Budget Responsibility (OBR) has increased its expectations of a house price decline. The OBR, which keeps an eye on...

15 March 2023

From: Breaking News

Halifax predicts 8% house price fall in 2023

Halifax is predicting an 8% decline in house prices next year. The lender’s housing market review has forecasted that higher energy bills...

19 December 2022

From: Breaking News

‘Largest monthly drop since 2008’- Halifax highlights slowing market

Average house prices fell by their largest level since October 2008 last month, Halifax data shows. It is the latest sign of...

08 December 2022

From: Breaking News

Buyers opt for longer-term home loans amid affordability concerns

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

08 December 2022

From: Breaking News

Conveyancers - why preparing for the worst is a wise move

A report earlier this month warned that conveyancing firms should stress test their businesses for a sharp decline in work volumes. These businesses...

03 December 2022

From: Features

House prices hit by largest fall for two years

House price growth slowed annually and fell for the third month in a row during November, Nationwide data shows. The latest Nationwide House...

02 December 2022

From: Breaking News

Autumn Statement - what did our panel of property experts make of it?

The property sector braced itself for the chill wind of Chancellor Jeremy Hunt’s Autumn Statement this week. His pre-Budget comment that he...

19 November 2022

From: Features

OBR predicts 9% house price drop

House prices are set to fall by 9% over the next two years, the Office for Budget Responsibility (OBR) claims. The OBR,...

17 November 2022

From: Breaking News

AML platform adds open banking technology

Anti-money laundering platform Credas has integrated open banking technology as part of its agent-facing proposition.  Open banking lets consumers securely share their...

07 November 2022

From: Breaking News

House prices drop as Nationwide warns of slowing market

Annual house price growth hit an 18-month low during October and fell on a monthly basis for the first time since...

02 November 2022

From: Breaking News

Downsizing ‘a consideration’ as homeowners struggle with mortgages

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

26 October 2022

From: Breaking News

Homeowners may face 2008-style mortgage strain - warning

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

13 October 2022

From: Breaking News

Phil Spencer - reasons why buying and selling makes sense right now

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

06 October 2022

From: Breaking News

First-time buyers delaying purchases by two years due to cost of living crisis - claim

First-time buyers are set to wait up to two years longer to get on the property ladder due to the cost...

22 September 2022

From: Breaking News

Household bill support may bring long-term pain to property market - warning

Prime London discounts are widening and tempting buyers but there are longer term economic risks that could hit the property market,...

14 September 2022

From: Breaking News

Lenders warn of drastic drops in mortgage options for buyers

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

09 September 2022

From: Breaking News

The Do’s & Don’ts When Downsizing

Empty nesters may be considering downsizing their home this September as their children set off to university, whilst other downsizers are...

05 September 2022

From: Marketing & Social Media

Vendors may pull listings if house prices drop - warning

Inflation remains a bigger concern to homeowners than house prices but potential vendors may get sensitive if prices drop, research suggests. A...

25 August 2022

From: Breaking News

Cost-of-living crisis – will it start to reduce the number of active buyers?

The cost-of-living crisis has been dominating the news headlines for some months now, but new research has revealed the extent to...

02 August 2022

From: Breaking News

‘Dash for property over’ as price growth slows - Nationwide

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

Homebuyers undeterred after 'two years of turmoil'

The economic turmoil of the past two years has done little to deter people from buying a property, research suggests. Buyers and...

14 June 2022

From: Breaking News

Price reductions on the rise as buyers become 'more sensitive' - Zoopla

The property market is starting to get hit by price cuts and slower sales times. Research by Zoopla has highlighted that one...

30 May 2022

From: Breaking News

Agents remain positive despite sales slump

Property sales slumped in April but are still above the pre-pandemic average, HMRC data shows. Provisional UK property transaction figures from the...

25 May 2022

From: Breaking News

Extending Right to Buy won’t fix the housing shortage

Prime Minister Boris Johnson recently announced that he is considering extending Margaret Thatcher’s Right-to-Buy scheme, that gives council tenants the chance to...

14 May 2022

From: Features

Agents urged to go 'further and faster' on upfront information

A senior industry figure has called for upfront information changes to move faster to boost market confidence amid the cost of...

13 May 2022

From: Breaking News

Upfront info debate: What about buyer transparency?

The debate within estate agency on upfront information rumbles on and now there are calls for greater levels of transparency from...

29 April 2022

From: Breaking News

A third of property professionals say they’re not AML compliant - research

The vast majority of property professionals would like to see HMRC act more proactively to deter money laundering, as almost a...

21 April 2022

From: Breaking News

Energy squeeze threatens financial nightmare for tenants and landlords

It’s not an easy time for many renters (and homeowners). The cost of living is going up across the board for...

26 March 2022

From: Features

Unlocking £4.5bn of tenancy deposits is the key to the cost-of-living crisis

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

23 March 2022

From: Features

War and inflation may kill 2022 housing market - agents warned

An analyst is warning that the latest buoyant house price figures could be the last hurrah before a significant depression. The Nationwide’s...

03 March 2022

From: Breaking News

Agents - how to spot and stop fraud

Alexander Siedes, CEO of Homeppl, reveals the top five ways people try and commit tenancy fraud and how to spot and stop...

19 February 2022

From: Features

Cyber-security in 2022: what do agents need to know?

I’m sure most readers would agree with me that cyber-security is vitally important for almost any business, particularly those businesses like...

12 February 2022

From: Features

Big surge in first time buyers - but it won’t last…

For the first time since before the global financial crisis of 2008, the number of first-time buyers is estimated to have...

06 January 2022

From: Breaking News

No possessions until New Year, mortgage lenders announce

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

Rightmove to work with buyers to reduce fall-through risk

Rightmove is to try to help potential buyers get their finances in order much earlier in the transaction process, to reduce...

07 December 2021

From: Breaking News

Market to get tougher despite upbeat house price figures

The prospect of higher mortgage interest rates mean the housing market may get tougher soon despite another set of upbeat house...

18 November 2021

From: Breaking News

Challenges facing the housing market in 2022

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

17 November 2021

From: Features

Property Fraud: A house is sold without owner’s knowledge

A BBC investigation has revealed that a man’s house was sold and his furnishings removed without his knowledge, in the latest...

02 November 2021

From: Breaking News

Why the UK property market is at the centre of global tax avoidance and financial crime

The Pandora Papers - the biggest ever leak of offshore data - has revealed that the UK’s property market is being...

30 October 2021

From: Features

Property Tax Threat: Labour hints at rises to pay for social care

Labour leader Sir Keir Starmer has hinted for the second time that he is looking towards property to help fund his...

27 September 2021

From: Breaking News

Poor connection! A third of buyers would pull out of an offer over bad wi-fi

Picky buyers are walking away from property deals after realising the internet connection at a property is poor, research claims. A poll...

15 September 2021

From: Breaking News

TPFG announces record interim results, boosted by Hunters acquisition

The Property Franchise Group (TPFG) – the umbrella property brand which incorporates well-known names such as EweMove, Ellis & Co, Martin...

14 September 2021

From: Breaking News

Property firm says additional home owners should pay higher tax

A prominent property consultancy is urging the government to ensure that holiday home owners pay more tax.  Colliers claims local authorities are...

06 August 2021

From: Breaking News

New property tax demanded by MPs who want more money for councils

A group of MPs has suggested the government consider a “proportional property tax” to replace the current council tax, in a...

20 July 2021

From: Breaking News

Stamp Duty Holiday - first time buyers are the big losers

An authoritative study on the housing market has shown that the big losers from the pandemic have been first time buyers. The...

23 June 2021

From: Breaking News

How Open Banking will transform the lettings industry

Banking has gone through radical changes in the past few years, in step with technology and the sheer amount we can...

29 May 2021

From: Features

Stamp Duty: Conveyancer tells agents how to beat deadline

Agents are being urged to push through their pipelines before the upcoming stamp duty deadlines. The plea comes from Simply Conveyancing, which...

19 April 2021

From: Breaking News

Spring lettings market update – Pets, eviction ban and landlords selling up

Unsurprisingly it’s been a busy few months in the property market so far this year, and a busy few months in...

27 March 2021

From: Features

How much? UK housing stock value hits a record high despite Covid

The total value of the UK’s housing stock has hit a record £7.56 trillion despite the pandemic. The calculation - by Savills,...

22 March 2021

From: Breaking News

40 Year Fixed Rate Mortgage: the future of house buying?

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

11 March 2021

From: Breaking News

Agents’ delight as stamp duty extension helps another 300,000 deals

Much of the agency industry has reacted with delight at the extension of the stamp duty holiday deadline until June. Rightmove estimates...

25 February 2021

From: Breaking News

Fraudster agent escapes prison after scamming insurance company

An agent working for a Countrywide brand in Lancashire has been given a suspended jail sentence after being found guilty of...

23 February 2021

From: Breaking News

Many buyers are scared of negotiating with agents - claim

A leading bank says as many as one in three buyers pay too much for a property because they are afraid...

10 February 2021

From: Breaking News

Stamp Duty may not be so bad after all, argues leading analyst

A housing market analyst says stamp duty, for all its unpopularity within the property industry, may not be so bad after...

08 February 2021

From: Breaking News

Agent launches petition for radical overhaul of house buying process

An online petition has been started by an independent estate agent seeking a radical overhaul of how homes are sold in...

01 February 2021

From: Breaking News

What will the lettings industry look like in 2021?

As part of our third PayProp Special Report on COVID-19 rental arrears in the UK, we surveyed over 600 agents, tenants...

30 January 2021

From: Features

Why don’t agencies list on the stock market anymore?

There’s been a flurry of recent activity involving agencies quoted on the London Stock Exchange: Hunters, The Property Franchise Group and...

23 January 2021

From: Features

Stamp Out The Duty - new campaign launched by newspaper

A national newspaper is today launching a campaign for the stamp duty holiday to be extended. The Daily Telegraph says its campaign...

13 January 2021

From: Breaking News

RICS finance controversy - new allegations made by newspaper

The Sunday Times has made new and detailed allegations regarding the Royal Institution of Chartered Surveyors. For some weeks the newspaper has...

11 January 2021

From: Breaking News

What leaving the EU means for anti-money laundering legislation

The coronavirus pandemic has somewhat eclipsed Brexit this year – which is no mean feat. Cast your mind back to pre-Covid...

12 December 2020

From: Features

Are you prepared for a seasonal upswing in missed rental payments?

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

02 December 2020

From: Features

Property tax rises and falling house prices coming in 2021

Property tax rises and falling house prices look as if they are on the way according to the small print accompanying...

26 November 2020

From: Breaking News

Top 10 things to consider before picking rental payment PropTech

According to the annual Property Week PropTech survey, almost 48% of property businesses had tested new technology because of the COVID-19...

14 November 2020

From: Features

TV consumer champion demands action to free ‘mortgage prisoners’

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

12 November 2020

From: Breaking News

Delivering a speedy end of tenancy deposit negotiation – the top tips

Tenancy deposit disputes are messy and often frustrating for all involved. While the number of formal disputes remains low, the pandemic...

10 November 2020

From: Legislation & Compliance

Lettings 2.0 - technology alone isn’t the answer

The UK lettings market is no stranger to technology. But only a few of the early initiatives have remained, and landlords...

07 November 2020

From: Features

How can Open Banking benefit landlords and letting agents?

Letting agents and landlords have faced huge change and uncertainty this year, with Covid-19 the major driver. But even before the...

05 November 2020

From: PropTech & Innovation

Renters' Reform Bill delay - what does it mean for the lettings market?

Housing Minister Christopher Pincher announced that the introduction of the Renters' Reform Bill will be delayed for an indefinite period due...

31 October 2020

From: Features

Conveyancer names and shames councils for delays in local searches

A conveyancing firm is blaming councils for delays in transactions. Conveyancers have themselves been sharply criticised in recent weeks as the sharp...

28 October 2020

From: Breaking News

Huge property empire collapses after National Crime Agency probe

A businessman with links to serious criminals has lost his vast investment property empire worth nearly £10m after a National Crime...

08 October 2020

From: Breaking News

Phil Spencer: Christmas is a gift for agents who add value

It’s about this time of year, pandemic or not, that agents may be asked one particularly awkward question by a vendor...

05 October 2020

From: Breaking News

How will the end of the furlough scheme affect the rental market?

The Coronavirus Job Retention Scheme, better known as the furlough scheme, was introduced by the chancellor Rishi Sunak in March to...

26 September 2020

From: Features

Tax grab on house values proposed in new 'Property CGT'

Tens of billions of pounds of new taxes should be levied through a Capital Gains Tax imposed on main homes, not...

24 July 2020

From: Breaking News

Distressed agents may benefit from latest commercial eviction ban

Estate agents facing crippling running costs as the wider impacts of the Coronavirus crisis hit home may benefit, at least in...

25 June 2020

From: Breaking News

Downturn’s silver lining: our two cents on the property market

There’s no doubt we’re in a less-than-rosy phase of the property cycle. This, however, is not another doom and gloom piece:...

06 June 2020

From: Features

Phil Spencer: first-time buyers - how can agents ease the pain?

A well-known saying in estate agency is that first-time buyers are the sellers of the future. If we believe this to...

01 June 2020

From: Breaking News

The three key factors influencing the UK property market

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

'No DSS' lawsuits - what do letting agents need to know?

Over the last few years, there have been a number of high-profile court cases in which renters took action against letting...

30 May 2020

From: Features

Stamp Duty Holiday - Zoopla shows how it could help the housing market

Zoopla’s head of research says a stamp duty holiday could encourage more home owners to move which in turn could help...

28 May 2020

From: Breaking News

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