Lenders are predicting a busy quarter for supply and demand of mortgages. The Bank of England’s latest Credit Conditions Survey showed lenders...
Archive
![UK’s largest mortgage lender vows to help speed-up home sales](/upload/images/Shutterstock-only%20images/Property%20Market/PropertyFinancing-400x310.png)
Lloyds Banking Group (LBG) has become the latest member of the Open Property Data Association (OPDA), committing to help speed up...
12 March 2024
From: Breaking News
![Home mover mortgage lending hit 50-year low in 2023](/upload/images/Shutterstock-only%20images/Property%20Market/DemandDown-400x310.jpg)
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
![Halifax records shock rise in house prices for 2023 - were values really up?](/upload/images/Shutterstock-only%20images/Property%20Market/Property-Value_400x310.png)
House prices ended 2023 up 1.7%, Halifax has claimed. The lender’s latest House Price Index for December 2023 suggests the price of...
08 January 2024
From: Breaking News
![Nationwide: Average prices fell in 2023 and rebound unlikely in 2024](/upload/images/Shutterstock-only%20images/Property%20Market/DemandDown-400x310.jpg)
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
![Mortgage lending to remain weak in 2024](/upload/images/Shutterstock-only%20images/Property%20Market/MortgageCalculated.png)
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
![Major mortgage lender calls for first-time buyer market review](/upload/images/Shutterstock-only%20images/Property%20Market/2_MortgageCalculated.png)
Nationwide has called for an independent review of the first-time buyer market as it urges the Chancellor to boost support for...
20 November 2023
From: Breaking News
![Fewer buyers stretching affordability to get on property ladder](/upload/images/Shutterstock-only%20images/Property%20Market/PropertyNews2-400x310.png)
Mortgage lending has dropped and buyers are no longer stretching their affordability limits, UK Finance claims. New data from the banking trade...
30 August 2023
From: Breaking News
![Share Price plummets after agency group’s profits warning](/upload/images/shutterstock_1677222151.jpg)
The share price of LSL Property Services dropped around 16 per cent at one point yesterday following a profits warning given...
08 August 2023
From: Breaking News
![Lenders urged to review mortgage criteria to reflect EPC ratings](/upload/images/Energy%20and%20Green%20Homes/EPCRating-400x310.png)
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
![Mortgage lending returns to pandemic levels in new house price threat](/upload/images/Shutterstock-only%20images/Property%20Market/L%26G%20Mortgage%20club%20announces%20MortgageApplyNow_400x310.png)
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
![Bamboo may pose mortgage lending risks - warning](/upload/images/Shutterstock-only%20images/Property%20Market/PropertyNews1-400x310.png)
Homeowners are unaware of the risks posed by encroachment of bamboo from adjoining properties and the costs of repairing the serious...
02 June 2023
From: Breaking News
![Lenders warn of mortgage slump in second half of 2023](/upload/images/Rental%20Market/Mortgage-image400x310.png)
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
![The nuances of mortgage lending and the role of the valuer](/upload/images/adv-2021/sponsored-content/Sava/EAT%20image%20(2).png)
In simple terms, as you are probably aware, ‘lenders’ are the organisations who loan you something, in this case money to...
17 May 2023
From: Sponsored Content
![Mortgage lending drop could force sellers to drop prices - claim](/upload/images/Shutterstock-only%20images/Property%20Market/House-pounds_400x310.png)
Sellers resistant to cutting asking prices may soon be left with little choice if the mortgage market remains depressed, a broker...
15 March 2023
From: Breaking News
![Major lender warns of 25% house price drop in ‘downside scenario’](/upload/images/Shutterstock-only%20images/Property%20Market/HousePriceChange-400x310.png)
House prices could drop by almost 25% ‘start-to-trough’ or by as much as 40% in severe circumstances, Lloyds Banking Group has...
23 February 2023
From: Breaking News
![Most agents missed a pay rise last year - report](/upload/images/Shutterstock-only%20images/Rental%20Market/_Estate-Agent-400x310.png)
Only 11% of property businesses including estate agencies increased staff pay last year, a new report officially launched next week claims. Property...
06 February 2023
From: Breaking News
![Property expert reveals the 3 most powerful ways to add value to your home](/upload/images/Site%20logos/__thumbs/property%20expert%20reveals%203%20powerful%20ways.jpg/property%20expert%20reveals%203%20powerful%20ways__399x301.jpg)
The cost of living crisis in the UK has majorly impacted thousands of peoples’ plans to move home, with mortgage lending...
04 February 2023
From: Features
![Sales to decline by 23% in weaker mortgage market - claim](/upload/images/Shutterstock-only%20images/Property%20Market/ManSavingMoney_400x310.png)
The cost of living crisis and rising interest rates will lead to a decline in property transactions and mortgage lending next...
12 December 2022
From: Breaking News
![Property market ‘recalibration’ is underway - claim](/upload/images/Shutterstock-only%20images/Property%20Market/HousePrices_400x310.png)
The property market is ‘recalibrating’ but should be seen in context of economic events, agents are being urged. Kris Mclean, managing director...
06 December 2022
From: Breaking News
![‘This is not Armageddon:’ Agents react to drop in mortgage approvals](/upload/images/Shutterstock-only%20images/Property%20Market/MortgageApplication_400x310.png)
New mortgage lending data from the Bank of England has indicated a slowdown in property market activity during October but agents...
30 November 2022
From: Breaking News
![LSL warns of 'challenging market conditions'](/upload/images/Shutterstock-only%20images/Rental%20Market/LearningAgents-400x310.png)
LSL has warned of a slowdown in sales and a rise in fall-throughs at the agency as it issued a “cautious...
25 November 2022
From: Breaking News
![Cash buyers – where in the UK are they most prominent?](/upload/images/Shutterstock-only%20images/Property%20Market/House_pound-400x310.png)
The latest research from property consultancy Knight Frank has set out which areas of the UK have the largest proportion of...
19 October 2022
From: Breaking News
![Record numbers of buyers locking in 'low' mortgage rates](/upload/images/Rental%20Market/MortgageApplicationForm-400x310.png)
Record numbers of buyers have taken out fixed rate mortgages to lock-in lower priced home loans before rates rise further, analysis...
14 September 2022
From: Breaking News
![Housing market remains resilient as price growth hits 18-year high - Halifax](/upload/images/Housing%20Market%20%26%20Property%20Images/HousingMarket-3-400x310.jpg)
The housing market appears almost as stubborn as now caretaker Prime Minister Boris Johnson as it continues to defy predictions of...
08 July 2022
From: Breaking News
![Property Natter – will the challenger banks ever become major lenders?](/upload/images/Site%20logos/PropertyNatter-2019-400x310.png)
Many people in recent years will have become familiar with challenger banks such as Monzo, Starling and Atom. Many will have...
14 May 2022
From: Features
![Collapsed sales may rise as mortgage lenders toughen up - warning](/upload/images/library/Mortgage-image400x310.png)
Increasingly cautious mortgage lending could dampen the property market and cause more sales to fall-through, it has been warned. Recent house price...
12 April 2022
From: Breaking News
![New Normal means fewer house sales and less lending](/upload/images/Housing%20Market%20%26%20Property%20Images/PropertyTransactionsConcept-400x310.jpg)
Mortgage lenders serving the housing market are set for a quieter 2022 after the unprecedented levels of activity seen in 2021,...
11 January 2022
From: Breaking News
![Mortgage borrowing set to slow after record year](/upload/images/Rental%20Market/MortgageArrears-400x310.png)
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
![Agent lashes out against any relaxation of mortgage lending](/upload/images/Housing%20Market%20%26%20Property%20Images/HousingMarket-1-400x310.jpg)
An estate agency owner who is also a qualified independent mortgage adviser has hit out against the suggestion that lenders may...
09 December 2021
From: Breaking News
![Interest rate hike won’t hurt housing market, lenders claim](/upload/images/Housing%20Market%20%26%20Property%20Images/HousingMarket-400x310.png)
Figures from the Building Societies Association show continued momentum in the housing market, with gross lending by building societies up 22...
24 November 2021
From: Breaking News
![Brexit and Covid crises may undo recent house price gains](/upload/images/library/CoronavirusImage-400x310.jpg)
Rising inflation triggered by the supply chain crisis following Brexit and the pandemic may undermine recent house price gains according to...
14 October 2021
From: Breaking News
![Mortgage lending hit record highs before stamp duty holiday ended](/upload/images/library/MortgageApproved-1-400x310.jpg)
The value of mortgage lending hit a record high in the final months of the stamp duty holiday. Figures from the Bank...
15 September 2021
From: Breaking News
![Don’t expect a quiet August, says senior estate agent](/img/default/eat.png)
If you were hoping for a summer lull during August, think again. That’s the messages from Nicky Stevenson, managing director of Fine...
05 August 2021
From: Breaking News
![Revealed: how digital innovation is transforming estate agency](/img/default/eat.png)
The growth of the internet and technology has transformed virtually every aspect of our lives, including how we approach the property...
05 June 2021
From: Features
![Mortgage lending soars as stamp duty buying boom goes on](/img/default/eat.png)
Mortgage lending has shown the biggest net increase on record according to the Bank of England. Mortgage borrowing in March rose by...
05 May 2021
From: Breaking News
![95% Mortgage Guarantee scheme - is it just a sop for the North?](/img/default/eat.png)
From today buyers will be able to purchase properties worth up to £600,000 with just a five per cent mortgage, under...
19 April 2021
From: Breaking News
![End of stamp duty holiday leads to drop in mortgage approvals](/img/default/eat.png)
Mortgage approvals declined slightly in January as the market braces itself for the end of the stamp duty holiday - currently...
02 March 2021
From: Breaking News
![Fall-throughs to rise as 100,000 face stamp duty disappointment](/img/default/eat.png)
The latest Rightmove analysis shows it now takes 126 days from the time an offer is accepted until legal completion -...
18 January 2021
From: Breaking News
![Valuations and transactions cooling as tougher Tiers arrive](/img/default/eat.png)
The housing market in England and Wales is stabilising, according to analysis of web traffic from a property advice site. Valuation requests...
27 November 2020
From: Breaking News
![Market boom to carry on into 2021 as mortgage lending soars](/img/default/eat.png)
The housing market boom looks set to continue for some months yet as mortgage approvals for home purchases hit their highest...
30 October 2020
From: Breaking News
![There may be trouble ahead…Mortgage lending to get tougher](/img/default/eat.png)
A Bank of England survey suggests it may be more difficult for prospective buyers to get a mortgage later this year. In...
16 October 2020
From: Breaking News
![Crisis? What crisis? Mortgage lending hits 13 year high](/img/default/eat.png)
Mortgage approvals for house purchases have soared to a 13 year high according to Bank of England figures up to the...
30 September 2020
From: Breaking News
![Furloughed mortgage and surveyor staff delay transactions - claim](/img/default/eat.png)
A specialist property lender says transactions are being delayed by key staff being furloughed. Gareth Lewis, commercial director of property lender MT...
02 September 2020
From: Breaking News
![Women In Residential Property - group grows during lockdown](/img/default/eat.png)
The networking organisation Women in Residential Property has grown to over 300 members - its highest ever total. Launched three years ago...
20 August 2020
From: Breaking News
![Selling apartments? It might be more difficult from today…](/img/default/eat.png)
One of the country’s highest-profile mortgage lenders, HSBC, is restricting loans on apartments from today. Only buyers of flats who have a...
17 August 2020
From: Breaking News
![Agents’ delight as mortgage lending bounces back](/img/default/eat.png)
Mortgage approvals - a key indicator of short-term activity in the housing market - beat expectations in June according to Bank...
30 July 2020
From: Breaking News
![The three key factors influencing the UK property market](/img/default/eat.png)
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
![Property Natter - what happened when big lenders had their own estate agencies?](/img/default/eat.png)
All my recent Natters have been focused on one particular topic, the coronavirus crisis, for obvious reasons. But there has been...
23 May 2020
From: Features
![Four-year high for mortgage approvals in pre-virus period](/img/default/eat.png)
Mortgage lenders approved the highest number of loans for house purchase in nearly four years in January, according to Bank of...
03 March 2020
From: Breaking News
![Death of buy to let has been greatly exaggerated, new figures show](/img/default/eat.png)
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
![Is mortgage-provision a growth area for estate agents?](/img/default/eat.png)
A new analysis from a financial services trade body shows that gross mortgage lending is expected to rise significantly in the...
17 January 2020
From: Breaking News
![Market worries: mortgage lending falls to six-month low](/img/default/eat.png)
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
![Stamp Duty campaign hots up: top bank wants incentive for downsizers](/img/default/eat.png)
A report by Santander says stamp duty cuts should be used as incentives for older home owners to downsize and allow...
02 August 2019
From: Breaking News
![Brexit: Deal or No Deal could hit base rate and then mortgage costs](/img/default/eat.png)
The Bank of England’s monetary policy committee - which meets monthly to set the base rate on which the costs of...
02 August 2019
From: Breaking News
![The market’s in good shape, new mortgage figures suggest](/img/default/eat.png)
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
![Price falls ahead for overheated London and south east - warning](/img/default/eat.png)
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
![Good news as mortgage approvals show significant rise](/img/default/eat.png)
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
![What would a Corbyn government mean for sales and lettings?](/img/default/eat.png)
While media attention has been on Theresa May, Brexit and the Tories, chatter in the agency industry has been about what...
25 May 2019
From: Features
![Commonhold in action – one small builder’s attempts to change the system](/img/default/eat.png)
So far in our contribution to the campaign to replace leasehold with commonhold we have outlined the stories of some of...
18 May 2019
From: Features
![Gloomy mortgage data may mark ‘start of housing slowdown’ says agent](/img/default/eat.png)
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
![Labour plans to control house prices dismissed as “bordering on the insane”](/img/default/eat.png)
Labour is proposing two methods of controlling house price rises should it win the next General Election - and the ideas...
11 April 2019
From: Breaking News
![Good market news at last as first time buyer borrowers hit a 12-year high](/img/default/eat.png)
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
![Purplebricks boss warns on dangers of borrowing more than one can afford...](/img/default/eat.png)
The global chief executive of Purplebricks, Michael Bruce, has warned mortgage lenders against offering so-called ‘super-sized’ home loans to borrowers. Bruce is...
28 November 2018
From: Breaking News
![Sellers take a reality check says agent after lending rises](/img/default/eat.png)
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
![Property Natter – legislation, legislation, legislation](/img/default/eat.png)
Landlords and letting agents might feel they’ve taken a bit of a battering from the government in recent years – and...
22 September 2018
From: Features
![London dominates 'high risk mortgage lending' league table](/img/default/eat.png)
Locations in the capital dominate a league table of locations where the largest numbers of so-called ‘high risk’ mortgages are taken...
11 July 2018
From: Breaking News
![Agents voice concern as lending slump points to possible slow market](/img/default/eat.png)
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
![Trouble ahead thanks to older home owners, lenders warn](/img/default/eat.png)
Gross mortgage lending is set to reach its highest level since 2007 despite Brexit, says the Intermediary Mortgage Lenders Association. But its...
29 March 2018
From: Breaking News
![Buoyant mortgage lending fuels talk of interest rate rise next week](/img/default/eat.png)
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
![Mortgage lending boost brightens housing market outlook](/img/default/eat.png)
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
![Building bridges: Q&A with Daniel Owen-Parr of Together](/img/default/eat.png)
As the mainstream mortgage market braces itself for yet another clampdown on buy-to-let lending, a growing number of property investors are...
04 August 2017
From: Features
![Savills says credit crunch still shapes housing market, 10 years on](/img/default/eat.png)
High end estate agency Savills says the credit crunch - roughly 10 years old next month - is still having an...
27 July 2017
From: Breaking News
![Mortgage lending up but figures reveal housing market 'plateau'](/img/default/eat.png)
Gross mortgage lending reached £22.1 billion in June - that’s nine per cent higher than in May and three per cent...
21 July 2017
From: Breaking News
![Mortgage chiefs downgrade buy to let forecast for next 18 months](/img/default/eat.png)
The Council of Mortgage Lenders’s buy to let forecast for 2017 and 2018 has been revised down from previous expectations at...
23 June 2017
From: Breaking News
![Leading agent disappointed over slowing mortgage lending](/img/default/eat.png)
A prominent agent admits to being “disappointed” at what appears to be slowing mortgage figures at a time of year when...
26 May 2017
From: Breaking News
![Cash makes up 42% of funding for buying homes - should we worry?](/img/default/eat.png)
Cash is becoming an increasingly large proportion of the funding used to buy homes according to a new analysis of transactions...
11 May 2017
From: Breaking News
![Disappointing mortgage figures suggest housing market is increasingly cautious](/img/default/eat.png)
The Bank of England is warning that approvals of mortgages for property purchases in March were at a lower-than-expected 66,837, the weakest...
05 May 2017
From: Breaking News
![Mortgage market review](/img/default/eat.png)
In recent years the mortgage industry has gone through some testing times. Recession and regulation have led to more stringent lending...
08 April 2017
From: Features
![How can estate agents plug the gap in sales with financial services?](/img/default/eat.png)
Recent stats from the Council of Mortgage Lenders show that last year 360,000 people moved homes, meaning the number has stayed...
11 March 2017
From: Features
![Buy-to-let mortgages: What opportunities and challenges lie ahead?](/img/default/eat.png)
The rapid growth in popularity of buy-to-let in recent years, fuelled in part by the failings of the pensions industry, has...
17 February 2017
From: Features
![Mortgage rep in each agency branch boosts Connells figures](/img/default/eat.png)
Connells Group’s mortgage services wing has recorded a 10 per cent increase in the number of mortgages in 2016 and has generated...
16 February 2017
From: Breaking News
![Express story on Brexit house price boost 'seriously inaccurate'](/img/default/eat.png)
The Independent Press Standards Organisation has ruled that a Daily Express newspaper story - “EU Exit Boosts House Prices” - was...
06 February 2017
From: Breaking News
![Market boost as mortgage lending rises - with further to go](/img/default/eat.png)
Gross mortgage lending reached a remarkable £246 billion in 2016 - that’s 12 per cent higher than the previous year and...
27 January 2017
From: Breaking News
![What next for the rental market in 2017?](/img/default/eat.png)
The rental market has had to face a raft of changes over the past year, including the introduction of the 3% stamp...
14 January 2017
From: Features
![Farewell to 2016 and a cautious welcome to 2017](/img/default/eat.png)
There is no doubt that 2016 managed to catch the world by surprise on more than one occassion. But will 2017 be...
14 January 2017
From: Features
![Agents worry that over-55s are latest to suffer mortgage restrictions](/img/default/eat.png)
Around six in 10 estate agents say their experience shows that mortgage lending restrictions targeting customers aged 55 or over are...
10 January 2017
From: Breaking News
![Transactions down 7.3% in the past year, according to HMRC](/img/default/eat.png)
Data from HM Revenue & Customs shows that the sale of residential properties rose a marginal 0.8 per cent last month...
22 December 2016
From: Breaking News
![Are landlords about to ditch letting agents and go it alone?](/img/default/eat.png)
Next year is likely to be a challenging time for letting agents, following a raft of changes introduced by the government...
09 December 2016
From: Features
![Mortgage market defies Brexit jitters as rates hit record lows](/img/default/eat.png)
Fears raised over the UK housing market in the wake of the Brexit vote have so far proved to be ‘wide...
30 September 2016
From: Features
![Bank of England confirms tougher buy to let mortgage lending regime](/img/default/eat.png)
The Bank of England’s Prudential Regulation Authority has confirmed that tighter regulations will apply to lenders providing mortgages for buy to...
30 September 2016
From: Breaking News
![Is buy-to-let investing still a safe bet?](/img/default/eat.png)
The huge rush to acquire buy-to-let property in the first quarter of the year ahead of the stamp duty change deadline...
09 September 2016
From: Features
![Bank mortgage lending drop suggests possible house price dip soon](/img/default/eat.png)
The British Banking Association’s latest mortgage lending figures suggest early signs of fall-out from the surprise vote for the UK to...
25 August 2016
From: Breaking News
![Latest mortgage figures suggest resilience despite Brexit uncertainty](/img/default/eat.png)
The latest figures on mortgage lending suggest that higher house prices led to greater lending in June this year than 12...
27 July 2016
From: Breaking News
![Property Natter: Q & A with Peter Brodnicki](/img/default/eat.png)
As promised, this week’s Natter is dedicated to a question and answer session with Peter Brodnicki, the man who has been...
22 July 2016
From: Features
![Brexit means fewer transactions as price growth 'slackens' says Savills](/img/default/eat.png)
One of the first major pieces of research to come from an estate agency following the EU referendum suggests the short-term...
14 July 2016
From: Breaking News
![Mortgage chiefs say transactions will fall but prices may only dip](/img/default/eat.png)
The Council of Mortgage Lenders says the Brexit vote will hit transactions as buyers and sellers wait for the dust to...
28 June 2016
From: Breaking News
![Housing market in the doldrums as owner occupier borrowing falls](/img/default/eat.png)
Home-owners borrowed £8.1 billion for house purchases in April, which was four per cent down on the same month a year ago. There...
16 June 2016
From: Breaking News
![Bridging the gap](/img/default/eat.png)
While buy-to-let lenders brace themselves for further interventions as part of proposals currently being drawn up by the Prudential Regulation Authority...