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KEYWORD "interest rates" - 100 RESULTS
Hesitant buyers push completions 40% below ‘normal conditions’

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

16 July 2024

From: Breaking News

Now the election is over, the real work begins for agents

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

06 July 2024

From: Features

Propertymark: ‘Buyers are waiting for election and interest rate movements'

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

03 July 2024

From: Breaking News

Buyer demand rising amid hopes of rate cuts – research

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

03 July 2024

From: Breaking News

General Election and interest rate hopes have boosted buyers - claim

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

28 June 2024

From: Breaking News

Boost for buyers as mortgage lenders start cutting rates again

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

27 June 2024

From: Breaking News

First-time buyers moving further to get on the property ladder – research

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

27 June 2024

From: Breaking News

Inflated expectations? Be a pragmatic advisor in an uncertain market

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

26 June 2024

From: Features

JONATHAN ROLANDE: Interest rate cuts won’t solve the property crisis

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

24 June 2024

From: Breaking News

Interest rates held again: estate agents react

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

21 June 2024

From: Breaking News

Attention turns to interest rates as inflation slows

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

20 June 2024

From: Breaking News

Inflation set to hit 2% target - will interest rates be cut?

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

19 June 2024

From: Breaking News

Danger - Housing Market at risk of Chronic Over-Supply Until Rates Fall

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

14 June 2024

From: Breaking News

RICS Warns Agents - Election Now Hurting Buyer Confidence

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

13 June 2024

From: Breaking News

Winds of change set to blow through the PRS

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

08 June 2024

From: Features

Poor financial literacy amidst the UK's Mortgage crisis

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

08 June 2024

From: Features

PRS crying out for fiscal reform, says LRG

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

08 June 2024

From: Features

Agents split on how far interest rate cut will help property market

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

04 June 2024

From: Breaking News

Interest rate cuts more important for housing than election - claim

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

24 May 2024

From: Breaking News

Interest rate cut hopes rise as inflation slows again

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

23 May 2024

From: Breaking News

IMF backs health of UK economy but calls for release of green belt land

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

22 May 2024

From: Breaking News

There is a future in buy-to-let

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

18 May 2024

From: Features

Rightmove raises expectations but do the markets believe it?

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

13 May 2024

From: Breaking News

Interest rates held but agents pin hopes on falling mortgage pricing

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

10 May 2024

From: Breaking News

JONATHAN ROLANDE: Property market needed shot in the arm but got a slap in the face

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

10 May 2024

From: Breaking News

Agents highlight biggest industry challenges and opportunities

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

08 May 2024

From: Breaking News

‘Hidden’ Service Charges trigger rise in housing costs, says Barclays

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

07 May 2024

From: Breaking News

Appraisals down in pre-Easter trading, reveals Propertymark

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

07 May 2024

From: Breaking News

Interest Rate Cut - Experts downplay chances for next week

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

03 May 2024

From: Breaking News

Mortgage Misery as yet more lenders hike rates

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

02 May 2024

From: Breaking News

Only Realistic Sellers succeed in today’s market - leading agent

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

02 May 2024

From: Breaking News

Startling figures show mortgage costs holding back house prices

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

29 April 2024

From: Breaking News

Sales volumes boom despite interest rates soaring - new Zoopla figures

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

29 April 2024

From: Breaking News

Big Demand for Small Properties as budgets tighten

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

29 April 2024

From: Breaking News

Property Natter - Here comes Summer.... or maybe Autumn?

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

27 April 2024

From: Features

Mortgage rates hit six month high after recent bank hikes

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

25 April 2024

From: Breaking News

Three interest rate cuts and house prices to rise - Lloyds Bank

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

25 April 2024

From: Breaking News

Stamp Duty Cut possible in Mini-Budget - government briefing

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

22 April 2024

From: Breaking News

Interest Rate Cuts on hold after disappointing figures

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

18 April 2024

From: Breaking News

OnTheMarket: Buyers should transact before the General Election season

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

15 April 2024

From: Breaking News

Real estate named ‘most distressed sector’

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

15 April 2024

From: Breaking News

Property Natter - Buyers 'tak' the high road to stronger market

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

13 April 2024

From: Features

Halifax: House prices drop on a monthly basis for first time since September 2023

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

08 April 2024

From: Breaking News

Blip or trend? House prices fell in March

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

03 April 2024

From: Breaking News

How Much Will Mortgage Rate Hikes Affect the UK Housing Market?

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

30 March 2024

From: Features

Optimism in residential housing in Scotland as the market proves its resilience

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

30 March 2024

From: Features

Interest rates remain frozen – what does it mean for agent activity?

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

22 March 2024

From: Breaking News

‘Ideal time’ for interest rate cut as inflation slows - claim

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

21 March 2024

From: Breaking News

Seller sentiment improves – OnTheMarket

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

18 March 2024

From: Breaking News

What would a real property industry Budget look like?

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

16 March 2024

From: Features

Major house builder warns of subdued property market

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

13 March 2024

From: Breaking News

Knight Frank: Prime London market has made ‘hesitant’ start to 2024

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

12 March 2024

From: Breaking News

Spring Budget: Will there be help for housing?

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

06 March 2024

From: Breaking News

Propertymark: 'Agents are willing to pay for industry regulation'

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

06 March 2024

From: Breaking News

Home mover mortgage lending hit 50-year low in 2023

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

05 March 2024

From: Breaking News

Annual house price growth returns to ‘positive territory’ – but for how long?

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

04 March 2024

From: Breaking News

Property Natter - Business as usual with the new normal....if the price is right

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

02 March 2024

From: Features

Mortgaged homeowners ‘worst-hit’ by higher interest rates

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

27 February 2024

From: Breaking News

Property expert slams 1% mortgages as Government considers introduction

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

24 February 2024

From: Features

Propertymark joins calls for interest rate cut

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

22 February 2024

From: Breaking News

Rate cut needed ‘sooner rather than later’ as mortgage pricing rises - warning

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

21 February 2024

From: Breaking News

Mortgages to older borrowers drop 37.1% amid higher rates - data

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

20 February 2024

From: Breaking News

Take advantage of a better market

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

17 February 2024

From: Features

Inflation rate remains steady in ‘silver lining’ for property market

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

15 February 2024

From: Breaking News

Analyst: Don’t assume the housing market will be healthy throughout 2024

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

12 February 2024

From: Breaking News

Propertymark: Interest rate cut needed as mortgage arrears rise

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

09 February 2024

From: Breaking News

Savills: UK housing costs hit record high of £200bn

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

08 February 2024

From: Breaking News

Real estate dubbed most distressed sector - warning

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

06 February 2024

From: Breaking News

Interest rate freeze: ‘Buyers and sellers will welcome Bank inaction'

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

02 February 2024

From: Breaking News

‘Uneventful’ interest rate update could boost property market – claim

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

01 February 2024

From: Breaking News

UK watching as EU house prices respond to green measures

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

27 January 2024

From: Features

Analyst raises house price expectations but warns correction isn’t over

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

26 January 2024

From: Breaking News

Foxtons aims for £3m savings from branch closures as total revenue rises

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

26 January 2024

From: Breaking News

Property Natter - Marching bravely forward with eyes fixed firmly on the past

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

20 January 2024

From: Features

Sellers shouldn't wait for Spring to list their homes

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

20 January 2024

From: Features

LonRes: Prime London market slowed in 2023 but remains up over the long-term

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

19 January 2024

From: Breaking News

Inflation rate rises but will it hit the property market?

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

18 January 2024

From: Breaking News

Labour proposes longer-term fixed rate mortgages

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

15 January 2024

From: Breaking News

Will housing be a major battleground in the 2024 general election?

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

13 January 2024

From: Features

2023 - That was year that was...

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

13 January 2024

From: Features

Winkworth: ‘Why we are more optimistic about 2024'

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

11 January 2024

From: Breaking News

Property Natter - New beginnings and cups of kindness

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

06 January 2024

From: Features

Brighter start to the year for developers

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

06 January 2024

From: Features

Mortgage approvals hit four-month high – will activity keep rising?

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

05 January 2024

From: Breaking News

Nationwide: Average prices fell in 2023 and rebound unlikely in 2024

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

02 January 2024

From: Breaking News

Crystal Balls - Who Knows What's Happening In 2024?

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

30 December 2023

From: Features

Hamptons: Lower rates will bring some buyers back to the market in 2024

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

28 December 2023

From: Breaking News

Buying agent boosted by increased cash sales

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

27 December 2023

From: Breaking News

Tim Foreman, Managing Director of Land and New Homes, Leaders Romans Group (LRG):

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

23 December 2023

From: Features

Who have been the winners and losers in housing for 2023?

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

23 December 2023

From: Features

2024 auction predictions - looking beyond interest rates

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

23 December 2023

From: Features

Jonathan Rolande: Five questions everyone is asking about the 2024 property market

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

22 December 2023

From: Breaking News

Will lower inflation boost the property market in 2024?

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

21 December 2023

From: Breaking News

‘Affordability pressures’ set to push house prices down again in 2024 - reports

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

18 December 2023

From: Breaking News

Good for movers? Bank of England holds interest rates again

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

15 December 2023

From: Breaking News

Property Natter - Please don't snatch defeat from the jaws of victory

So Christmas is coming – soon. Traditionally a time for reflection on what’s past and prediction on what’s to come. Last week...

09 December 2023

From: Features

The housing market needs a real plan for growth

There has no doubt been many commenting on Chancellor Jeremy Hunt’s recent Autumn Statement held a couple of weeks ago. We...

09 December 2023

From: Features

Jonathan Rolande: Green shoots are on the horizon

After months of doom and gloom about the property market, it finally feels like there are green shoots on the horizon. I’m...

08 December 2023

From: Breaking News

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

The housing market needs a real plan for growth

There has no doubt been many commenting on Chancellor Jeremy Hunt’s recent Autumn Statement held a couple of weeks ago. We...

06 December 2023

From: Features

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