Building societies are currently offering the most competitive mortgage deals for first-time buyers compared with high-street lenders, research suggests. Analysis of 90%...
Archive
Savills has today upgraded its five-year UK mainstream house price forecast to reflect the stronger than expected start to the year...
07 May 2024
From: Breaking News
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
April 22nd marked ‘Earth Day’, yet it seemed to pass relatively unnoticed within the mortgage market. While the market was once abuzz...
04 May 2024
From: Features
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
A survey of homebuyers has found overwhelming support for a legal ban on gazumping. A mortgage lender - MFS - spoke with...
02 May 2024
From: Breaking News
A coalition of organisations representing consumers, financial institutions and energy suppliers has written to the Department for Energy Security and Net...
01 May 2024
From: Breaking News
Purplebricks has launched launched a mortgage divison, known formally as Purplebricks Mortgages Limited This will see a team of more than 150...
30 April 2024
From: Breaking News
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
Stamp duty rebates and cash to improve energy efficiency are being demanded by one of the country’s biggest mortgage lenders in...
26 April 2024
From: Breaking News
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
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
New data from one of Britain’s largest mortgage lenders shows that nearly one in five first-time buyers are now aged 40...
23 April 2024
From: Breaking News
New statistics from the Financial Conduct Authority, analysed by a legal firm, show the clear disadvantage and worsening picture for single...
23 April 2024
From: Breaking News
A veteran PropTech figure with extensive experience of working at leading estate and sales agencies has told the government to act...
22 April 2024
From: Breaking News
Lenders are predicting a busy quarter for supply and demand of mortgages. The Bank of England’s latest Credit Conditions Survey showed lenders...
12 April 2024
From: Breaking News
The term ‘time bomb’ is sometimes overly used in the housing market, and while it has been linked to many things...
06 April 2024
From: Features
Property blockchain network Coadjute has secured a £10m investment from Lloyds Banking Group, Nationwide, Natwest, and Rightmove. This is the first time...
03 April 2024
From: Breaking News
One of the UK’s largest mortgage lenders has reduced its upper age limit in a blow for home buyers . Halifax is...
14 March 2024
From: Breaking News
Propertymark has added its name to calls for Stamp Duty reform and has also urged lenders to develop more affordable mortgage...
29 February 2024
From: Breaking News
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
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
A senior estate agent has described the Government’s pledge to compel councils to cut red tape in favour of development as...
20 February 2024
From: Breaking News
Compared with a decade ago, today's first-time buyers are older, more likely to buy with a partner and more likely to...
17 February 2024
From: Features
After years of saving, hard work, and market watching, being able to view and make an offer on a property is...
10 February 2024
From: Features
Potential self-builders are struggling to find suitable plots and many are planning to turn to estate agents for support. A survey by...
07 February 2024
From: Breaking News
Compared with a decade ago, today's first-time buyers are older, more likely to buy with a partner and more likely to...
03 February 2024
From: Features
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
The number of mortgage approvals hit a six-month high in December as falling mortgage pricing and renewed buyer confidence “breathed new...
31 January 2024
From: Breaking News
The emergence of the Digital property market represents the most profound shift for the industry itself since the advent of the...
31 January 2024
From: Features
Mortgage rates may be falling but tougher lending criteria is stifling many borrowers, including high earners. Research by Investec has found the...
30 January 2024
From: Breaking News
Mortgage lenders are “treading a fine line” between offering attractive rates for homebuyers and getting caught out by rising swap rates,...
25 January 2024
From: Breaking News
The Government’s latest attempt to bolster the property appears to be 1% deposit mortgages. Chancellor Jeremy Hunt is reported to be considering...
22 January 2024
From: Breaking News
A housing market analyst has admitted he is “happy being wrong” after predicting house prices would fall between 8% and 10%...
19 January 2024
From: Breaking News
House prices fell at their fastest rate since 2011 during November 2023, the Land Registry has revealed. The latest Land Registry House...
18 January 2024
From: Breaking News
Knight Frank has revised its house price forecasts and said it now expects average values to rise this year rather than...
15 January 2024
From: Breaking News
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
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
Home movers have been given a “belated Christmas present” as mortgage rates continue to drop, it has been claimed. It comes as...
04 January 2024
From: Breaking News
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
The recent cyber attack on CTS left around 80 conveyancing firms across the country commercially paralysed as the harm to their...
19 December 2023
From: Breaking News
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
Average mortgage rates have fallen for the fourth consecutive month and borrowers can now get a two-year fix below 6%. The latest...
12 December 2023
From: Breaking News
A new product has launched that protects homeowners from the growing threat of property-related frauds. Title Guardian is an app that monitors...
08 December 2023
From: Breaking News
This week saw around 80 conveyancing firms across the UK paralysed by a service outage caused by a ‘cyber incident’ on...
02 December 2023
From: Features
Estate agents spend almost half their working day chasing or being chased for issues as a new report highlights concerns about...
24 November 2023
From: Breaking News
Builders are calling for Stamp Duty exemptions on more energy efficient properties to help tackle the housing crisis. A new 10-point plan...
21 November 2023
From: Breaking News
The Open Property Data Association (OPDA) has expanded its executive committee with the appointment of Nick Chadbourne from conveyancing panel provider LMS. The...
21 November 2023
From: Breaking News
The number of lenders offering sub-5% mortgage deals has doubled in the past month in a sign that the cost of...
17 November 2023
From: Breaking News
The rate of inflation has fallen to the lowest level in two years, raising hopes of a boost for the property...
16 November 2023
From: Breaking News
Two more major lenders have cut mortgage rates, prompting hopes that deals could seen come close to 3%. HSBC and Halifax have...
15 November 2023
From: Breaking News
Mortgage brokers have hailed a ‘watershed moment’ as Nationwide became the first lender in months to release a sub-5% home loan...
09 November 2023
From: Breaking News
Mortgage rates could be set to finally fall below 5%, brokers claim. The pricing of home loans has rocketed this year amid high...
07 November 2023
From: Breaking News
I’ve always been a half glass full kind of person. But I’ve got to confess I struggled to get too excited by...
06 November 2023
From: Breaking News
The best way to judge the UK housing market is to check on what’s happening in Parliament, not the price indices...
31 October 2023
From: Breaking News
Mortgage lenders are braced for a slower market over the rest of the year. The latest Bank of England Credit Conditions Survey...
13 October 2023
From: Breaking News
Agents are securing sales closer to asking price but properties are taking longer to sell, new data suggests. Analysis by Hamptons, using...
05 October 2023
From: Breaking News
UK housing market activity "remains weak" according to the Nationwide. Its latest house price index shows that prices declined 5.3 per cent...
03 October 2023
From: Breaking News
Leading digital compliance firm SmartSearch has launched an innovative new solution to help professionals working within the UK property sector to...
30 September 2023
From: Features
Since the Bank of England base rate started making large jumps around the middle of last year, mortgage rates have increased...
23 September 2023
From: Features
Fewer sellers are willing to cut their asking prices, Chestertons claims. The agent said vendors in the capital have already priced in...
21 September 2023
From: Breaking News
To help or not to help: that is the question the government is facing with regard to under-pressure private rented sector...
16 September 2023
From: Features
Funny how time flies faster as you get older and I’m reminded that next week, (23rd September, to be precise) it...
16 September 2023
From: Features
Mortgage borrowers now have the greatest choice of home loan products since February 2022, Moneyfacts data suggests. It is a boost for...
13 September 2023
From: Breaking News
United Trust Bank (UTB) has become the first lender to sign up to the Open Property Data (OPDA) Association. Additionally, the bank’s...
31 August 2023
From: Breaking News
The term mixed-tenure development usually refers to residential developments where different residential tenures are provided on the same site. Typically, tenure was...
30 August 2023
From: Sponsored Content
Homebuyers and borrowers could be set to benefit from a mortgage price war, a property expert claims. Jonathan Rolande, from the National...
24 August 2023
From: Breaking News
Mortgage lenders are at last cutting their rates on some deals, confident that the Bank of England’s base rate may rise...
15 August 2023
From: Breaking News
There’s been a sharp rise in mortgage arrears as high interest rates have hit the housing market - and now there’s...
11 August 2023
From: Breaking News
Agents and property professionals have expressed hopes that rates have peaked after latest rise Iin the cost of borrowing. The Bank of...
04 August 2023
From: Breaking News
Agents and property professionals will be keeping an eye on Threadneedle Street in London today, with the Bank of England expecting...
03 August 2023
From: Breaking News
The number of mortgage approvals edged up for a second month in a row during June but remains below 2022’s monthly...
01 August 2023
From: Breaking News
Average mortgage rates have dropped slightly, providing possible respite for homebuyers. The latest Moneyfacts data shows the average two-year fixed mortgage rate...
28 July 2023
From: Breaking News
Check out some of the latest charitable endeavours from agency and property brands this week. If you have a charitable event or...
21 July 2023
From: Breaking News
A mortgage expert has expressed concern about the level of borrowers still taking out high loan-to-value government-backed home loans despite falling...
19 July 2023
From: Breaking News
The publication of inflation figures by the government tomorrow will be a Do-Or-Die moment for the housing market, it’s been claimed. At...
18 July 2023
From: Breaking News
Sellers should be persuaded to make use of upfront information packs in the same way Energy Performance Certificates (EPCs) have been...
18 July 2023
From: Breaking News
Mortgage lending criteria and products are failing to keep up with more energy-efficient homebuilding techniques, it has been claimed. The Home Builders...
06 July 2023
From: Breaking News
Check out some of the latest charitable endeavours from agency and property brands this week. If you have a charitable event or...
30 June 2023
From: Breaking News
After yet another tumultuous week in the property market, many of those working sector will be breathing a huge sigh of...
30 June 2023
From: Breaking News
The majority of mortgage lenders have committed to showing more flexibility to struggling borrowers but the Government has confirmed that support...
27 June 2023
From: Breaking News
Chancellor Jeremy Hunt has secured promises from banks to be more flexible with mortgage borrowers amid concerns about rising rates. Average mortgage...
26 June 2023
From: Breaking News
The National Association of Property Buyers’ Jonathan Rolande gives his take on a manic week for the property market. This is the week when...
23 June 2023
From: Breaking News
The property market is braced for another interest rate rise today after the latest inflation data shows the cost of living...
22 June 2023
From: Breaking News
Chancellor Jeremy Hunt has ruled out providing financial support for struggling mortgage borrowers as rates hit new highs. Average mortgage rates hit...
21 June 2023
From: Breaking News
Mortgage rates have officially broken the 6% barrier. Average rates for home loans are now back at the level that prompted the...
20 June 2023
From: Breaking News
Asking prices have fallen on a monthly basis at this time of year for the first time since June 2017 as...
19 June 2023
From: Breaking News
The National Association of Property Buyers’ Jonathan Rolande gives his take on a manic week for the property market. I dearly hope I...
16 June 2023
From: Breaking News
MPs have urged Prime Minister Rishi Sunak to hold an emergency summit in Downing Street with banks and mortgage lenders to...
15 June 2023
From: Breaking News
The value of mortgage lending has slumped to its lowest level since the second quarter of 2020, Bank of England data...
14 June 2023
From: Breaking News
Almost 400,000 borrowers on low-rate mortgage deals are in for a shock when their products expire this year, Equifax has warned. Analysis...
13 June 2023
From: Breaking News
A strong labour market, growing consumer confidence and an increasing acceptance of a higher mortgage rate environment will support the housing...
13 June 2023
From: Breaking News
Mortgage brokers are trying to get lenders to sign up to a 24-hour Product Withdrawal Pledge in efforts to keep the...
12 June 2023
From: Breaking News
The Home Buying and Selling Group (HBSG) has formed an independent industry body, the Open Property Data Association (OPDA), for companies...
09 June 2023
From: Breaking News
Mortgage brokers have expressed concern about products being removed with little or no notice. Hundreds of mortgages have been withdrawn from the...
08 June 2023
From: Breaking News
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
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
Homebuyers looking for a 10-year fixed mortgage for their property purchase are facing less choice, research suggests. Analysis by Moneyfactscompare.co.uk has found...
24 May 2023
From: Breaking News
In simple terms, as you are probably aware, ‘lenders’ are the organisations who loan you something, in this case money to...