Archive

Higher mortgage rates will push more people than expected into poverty, research warns. Analysis by the Institute for Fiscal Studies (IFS) highlights...

Best buy mortgage rates have fallen below 4% for the first time since the start of the year. Nationwide is the first...

HSBC has promised rate cuts this week as mortgage pricing continues to drop, but it is unclear how much further pricing...

The Government will need the financial markets to play ball if its housebuilding plans are to be successful, a property expert...

Two years of rising interest rates, the withdrawal of first-time buyer support, planning delays and a string of broken promises has...

A mixture of buyer reluctance to take on high mortgage rates, the availability of home loans and inefficiencies in the homebuying...

On balance, a stable new government with a large majority is good news for the sales market. Labour’s costed spending plans,...

Agency sales supply and demand dipped in May as buyers and sellers await the election outcome, Propertymark members claim. The agency trade...

Buyer demand levels climbed significantly between the first and second quarters of this year, research suggests. GetAgent’s Hotspots Demand Index monitors quarterly...

The General Election and increased hopes of an interest rate cut seems to have boosted buyer confidence but not necessarily seller...

Major lenders have started cutting their mortgage pricing in anticipation of an interest rate cut in the coming months. The Bank of...

Affordability concerns are prompting many first-time buyers to consider moving more than 30 miles on average from their preferred location to...

The recent dip in inflation to 2% for the first time in three years brings a glimmer of optimism in the...

The announcement by the Bank Of England that interest rates will remain fixed at 5.25% for the seventh month in a...

Interest rates were held for the sixth consecutive Monetary Policy Committee (MPC) meeting yesterday, as agents expressed hope of a cut...

The rate of inflation slowed to 2% in May, hitting the Bank of England’s target. Data from the Office for National Statistics...

The latest inflation figures this morning are expected to show that the cost of living measure has slowed to the Bank...

There’s a growing ­supply-demand imbalance in the sales market according to the prominent industry asking price index, Home.  It says despite greater...

The latest residential market sentiment survey from the Royal Institution of Chartered Surveyors suggests confidence in the housing market is beginning...

Win, lose or draw for the political hopefuls standing as candidates in the upcoming general election, it is likely that the...

Major lenders including Barclays, HSBC, and TSB have reduced their interest rates on new fixed mortgages, offering a glimmer of hope...

In the second of their Election Wishlist series, Leaders Romans Group turn the spotlight on the Private Rented Sector (PRS). Here, National...

The majority of estate agents expect a summer interest rate cut to help revitalise buyer market activity, however, they remain split...

Affordability is a bigger factor for buyers than the confirmed General Election, Savills claims. Prime Minister Rishi Sunak has set a date...

The rate of inflation slowed to 2.3% in April, Office for National Statistics (ONS) data shows. It means the consumer price index...

Hopes of an interest rate cut have been raised after the International Monetary Fund (IMF) suggested the UK economy is recovering faster...

High interest rates, slow price growth and more stringent tax rules have eroded Buy-to-Let’s (BTL) charm for a number of landlords,...

Rightmove posted a bullish trading update and raised performance expectations for the year ahead on Friday but the markets seemed less...

Agents remain typically optimistic about the property market after interest rates were been held at their 16-year high of 5.25% by...

It was the news we were all expecting. But I still feel a sense of disappointment as I digest the fact the...

Help to Buy has been ranked as having the most positive influence on the property market in recent times. Agency comparison website...

Typical consumer spending on mortgages and rents increased 3.6% in April – the first increase in the rate of growth since...

Market appraisal volumes dropped 7% in March according to Propertymark’s latest market snapshot, based on data from up to six weeks...

Prominent housing and mortgage experts are downplaying the chance of an interest rate cut following the Bank of England monetary policy...

Just as the Nationwide showed the impact of rising mortgage costs on house prices, so another raft of lenders have made...

Only realistic sellers willing to negotiate prices are successful in the current market, says one of the country’s leading estate agents. The...

Higher mortgage rates are a drag on house price growth says Zoopla - and it’s produced startling figures to prove it. The...

UK house prices may be broadly static but sales volumes are up 12% year on year according to Zoopla data out...

Big demand for small properties has helped to drive growth in UK property prices in the early months of this year,...

We all know that first-time buyers have had a tough time of it lately. Mad mini-budgets resulting in higher interest rates...

An analysis by Rightmove reveals that the average interest rate for a two year fixed mortgage at 95% loan to value...

Lloyds Bank has issued figures showing a 28% profits plunge for the first quarter of the year - but it nonetheless...

A report in the Times newspaper says Chancellor Jeremy Hunt is planning a stamp duty cut in the early autumn. The paper...

Inflation has eased to 3.2% down from 3.4%, official figures from the Office for National Statistics show, the lowest level since...

OnTheMarket president Jason Tebb has cautioned buyers against waiting for an interest rate cut and General Election before making a transaction...

The European real estate market is the most distressed sector across Europe, research suggest. The latest Weil European Distress Index suggests the...

When we talk in general terms about the UK housing market, we tend to draw a picture of generality. Facts and figures...

Average house prices fell on a monthly basis for the first time since September 2023 during March as higher mortgage rates...

House prices dipped on a monthly basis during March but annual growth improved, Nationwide data shows. The latest Nationwide House Price Index...

Borrowers are currently rolling off relatively favourable two-year fixed-rate deals agreed at the start of 2022, but the pain from higher...

Stress tests are a valuable tool for measuring resilience and the Scottish residential property market was put through a fairly gruelling...

Interest rates were held for the fifth consecutive time after the latest Bank of England Monetary Policy Committee (MPC) meeting yesterday. The...

Inflation has hit a new two-year low as the cost of living measure slowed to 3.4% in February. The figure is down...

Seller confidence has improved in anticipation of the traditionally busier Spring market and interest rate cuts in the months ahead, research...

The Spring Budget last Wednesday rounded out to be mostly a disappointment for the property industry, but it was also perhaps...

Property market conditions in the new-build sector are likely to remain subdued this year. Persimmon has claimed. An outlook in the house...

The prime London sales market has made a hesitant start to 2024, Knight Frank has said. Despite the agent and property brand...

Agents are hopeful of support for the property market in today’s Spring Budget. It could be the Chancellor Jeremy Hunt’s final fiscal...

Agents would be happy to pay for regulation but the sector should be wary of costs, a Propertymark executive has told...

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

House prices are growing annually for the first time since January 2023, Nationwide claims. The latest Nationwide House Price Index found average...

I was chatting to a genuine city gent the other day (someone who has enjoyed a career in suits, ties, shares...

Homeowners with mortgages have seen the highest increase in household costs over recent months, official data suggests. The latest Household Costs Index...

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

Propertymark has joined growing calls for the Bank of England to cut interest rates. Interest rates have been held at 5.25% since...

Increasing numbers of mortgage lenders are pulling decent deals as swap rates rise. Santander has become the latest high street lender to...

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

Reading the news on Estate & Letting Agent Today every day (as I’m sure you all do, too), there appears to...

The rate of inflation remained at 4% in the 12 months to January, but housing costs remain high, Office for National...

A drop in house prices remains likely for 2024 despite recent rises and improving sentiment. The latest Halifax house price index showed...

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

UK housing costs hit £200bn for the first time in 2023, according to the latest research by Savills.  The analysis of private...

The European property market is the most distressed sector, new research suggests. The latest Distress Index, from restructuring firm Weil, has warned...

Agents are becoming more confident about a busy Spring market after the Bank of England held interest rates for the fourth...

Rightmove has recorded its busiest month since launching its mortgage in principle service in 2022 and predicts an interest rate hold...

While our own Government continues to tentatively encourage homeowners to carry out energy-efficient measures, they will no doubt be eagerly watching...

The UK and Europe’s “house price correction” isn’t over yet but the market will perform better than expected, a ratings agency...

Foxtons is set to close and consolidate some Ludlow Thompson branches as part of plans to save £3m this year. A trading...

Everyone’s a pundit these days, aren’t they? And January is pundit season – when a New Year starts, out come the...

Paul Hilton, CEO of leading Scottish property portal ESPC Homeowners who are considering moving on to a new property in 2024 are...

Prime London prices fell 6% annually over 2023 but remain higher over the long term, LonRes claims. Analysis by the data company...

Inflation rose unexpectedly in the 12 months to December 2023, Office for National Statistics (ONS) data has revealed. The latest ONS figures...

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

After months of negative messaging and anti-development sentiment, espoused both nationally by the Government, and locally during May’s local election campaigning,...

As Conveyancers we operate in such a volatile market, where government economic policy can and has repeatedly made our professional lives...

Winkworth's network completed sales for the year fell by some 19% in 2023, the agency franchise brand has revealed but it...

Let’s start at the very beginning - Happy New Year. Now, let’s give thanks to the guy who made January 1st...

Chris Hemmings, Parter in Carter Jonas’ Planning & Development team We’re confident of a better start to 2024 than 2023. The news that...

The level of mortgage approvals hit a four-month high in November, Bank of England data reveals. There were 50,067 mortgage approvals in...

Average house prices ended 2023 down 1.8%, according to Nationwide. The lender’s December House Price Index, based on its own mortgage lending...

The last thing you want as we rake through the dying embers of 2023 is a journalist’s prediction of what’s going...

Lower interest rates and real wage growth will halt price falls next year but sales will remain lower, Hamptons has predicted  Forecasts...

Prime buying agency Black Brick has seen cash buyers double this year. Data from the buying agent shows 66% of clients have...

New homes – we need more in ‘24 2023 was a year which saw the 'need to moves' active in the housing...

This year has seen an ongoing cost-of-living crisis, fluctuating mortgage rates, rising rents, and the threat of falling property prices. Although average...

In assessing the outlook for property auctions in 2024, it's crucial to look beyond interest rates. The real driving force behind...

What will happen to house prices? Should I rent or buy? Will a Labour or Tory Government be better for homeowners....

Inflation fell to its lowest level in two years during November, raising hopes that interest rate cuts and lower mortgage pricing...

House prices are set to fall further next year, two major lenders claim. The house prices indices of Halifax and Nationwide have...

The Bank of England maintained interest rates at 5.25% yesterday, raising hope among agents that this would boost buyer confidence and...