Archive

Visits to Rightmove have fallen by 18% in the past year as high mortgage rates hit the national market from the...

Rightmove is anticipating a 1% average drop in national asking prices by the end of next year. The latest forecasts from the...

The number of mortgage approvals for house purchase has hit a three-month high, Bank of England data shows. Figures from the Bank...

Around half of homebuyers will continue to postpone plans to purchase a property after the Autumn Statement failed to provide sufficient...

Agents and sellers are taking an average 5.5% discount on listings to secure a sale, new Zoopla data shows. The portal’s latest...

The lending outlook is improving for the housing market but psychological milestones remain, Knight Frank warns. The latest UK market commentary from...

By Kevin Shaw, National Sales, Managing Director, Leaders Romans Group This year has seen an ongoing cost-of-living crisis, fluctuating mortgage rates, rising...

The number of lenders offering sub-5% mortgage deals has doubled in the past month in a sign that the cost of...

Many property professionals may be getting excited by lower inflation and falling mortgage rates but an auctioneer is warning that there...

Two more major lenders have cut mortgage rates, prompting hopes that deals could seen come close to 3%. HSBC and Halifax have...

Low deposit home buyers have been given a boost after product choice hit a 14-month high. Data from Moneyfacts shows the number...

As we enter the winter months and a traditionally quieter time for the property industry - agents are still contending with...

Mortgage rates could be set to finally fall below 5%, brokers claim. The pricing of home loans has rocketed this year amid high...

Nationwide has cautioned property market commentators about being too optimistic as its own house price index showed average prices surprisingly rose...

The number of property sales recorded by HMRC is at its lowest level for almost a decade. New HMRC property transactions data...

The number of mortgage approvals for home purchase hit an eight-month low during September, Bank of England data shows. Mortgage data from...

Zoopla is warning that there will be further house price falls in 2024 on top of the 4.5 per cent drop...

As the UK economy faces a period of uncertainty characterised by a cost of living crisis and soaring inflation rates, many...

After a steady increase in mortgage rates, concerns about house prices have been rising too. The Financial Times reported in mid...

September has been ‘underwhelming’ for sales in prime London except for at the high-end £5m price point, figures suggest. Separate analysis from...

Mortgage lenders are braced for a slower market over the rest of the year. The latest Bank of England Credit Conditions Survey...

Rightmove is hopeful that mortgage rates will continue to drop. It comes as its latest data shows average two-year fixed rate mortgage...

Average mortgage pricing is falling in a “positive sign” for the market, new analysis suggests. Data from comparison website Moneyfacts shows typical...

House prices fell for the sixth consecutive month in a row during September and dropped at the fastest rate since August...

UK housing market activity "remains weak" according to the Nationwide. Its latest house price index shows that prices declined 5.3 per cent...

As much of the country battened down the hatches for the first storm of the season, there may have been a...

A fifth of homeowners are considering moving somewhere cheaper due to the cost of living crisis, KPMG has revealed. The firms latest,...

The average discount to asking price has hit a four-year high as the market swings in favour of buyers, Zoopla says. The...

The number of first-time buyers has fallen this year but the proportion of sales to this cohort remains the same due...

It is just over one year since former Prime Minister Liz Truss and Chancellor Kwasi Kwarteng’s ill-fated mini-Budget and homeowners and...

Since the Bank of England base rate started making large jumps around the middle of last year, mortgage rates have increased...

Build to Rent (BTR) is the UK’s fastest-growing sector and this trend looks set to continue throughout 2023 and beyond. The...

Annual house price growth has returned to its lowest level since the pandemic, Land Registry data shows. The latest figures from the...

The rate of inflation slowed from 6.8% to 6.7% in August, providing hope for homebuyers when it comes to high mortgage...

Fewer sellers are willing to cut their asking prices, Chestertons claims. The agent said vendors in the capital have already priced in...

The Bank of England is facing calls to hold off on raising interest rates this week. Its Monetary Policy Committee is set...

Around half a million mortgage-holders are facing an imminent financial shock as their fixed deals end in the run-up to Christmas...

The mortgage rate rollercoaster is finally winding down but pressure will remain on the property market, Knight Frank claims. New commentary from...

High mortgage rates and a lack of supply may mean the prime property market misses its typical seasonal boost in the...

Mortgage borrowers now have the greatest choice of home loan products since February 2022, Moneyfacts data suggests. It is a boost for...

House prices won’t fall by as much as the 1990s and 2008 financial crashes but it will take until 2025 for...

House prices fell at their fastest rate since July 2009 last month, according to Nationwide.  The lender’s latest House Price Index shows...

The number of mortgage approvals for home purchase hit a five-month low in July. Bank of England data shows there were 49,444...

Who are you and what does it say on your business card? My name is Mark Bevan and I am the Sales...

The property market is set for its quietest year for sales since 2012, Zoopla claims. The portal’s latest House Price Index estimates...

Uncertainty over interest rates continues to dominate the thoughts of many working in the property sector.  Here in his latest column property...

Housing affordability is improving but the benefits are being offset by high mortgage rates, Halifax claims. Analysis by the lender found the...

Homebuyers and borrowers could be set to benefit from a mortgage price war, a property expert claims. Jonathan Rolande, from the National...

Home-movers are set for a period of stability in the mortgage market, Rightmove claims. The portal’s latest mortgage tracker found average mortgage...

Trading conditions in the housing market have worsened during this summer, Crest Nicholson has warned. A trading update from the housebuilder said...

Buyers are waiting for mortgage rates to stabilise before making a move in the property market, Chestertons claims. It comes as the...

Experts are warning that the weekend’s better than expected economic news could indirectly hurt the housing market. The UK economy grew by...

Transactions for the first half of 2023 are at their lowest level since the financial crisis of 2007-09 as a result...

Alarm bells are ringing in the new build sales sector after figures have been released by a major house builder. Bellway says...

Price reductions have reached their highest level in at least nine years according to estate agency Hamptons.   Some 50 per cent of...

Propertymark says that sellers who strive to find a “middle ground” in today’s difficult market can still turn a healthy profit...

Higher mortgage rates have replaced the 'race for space' as the primary reason for buying outside of London this year, research...

In his latest column Jonathan Rolande explains why estate agents need to ditch selling techniques and brush up on persuasion to...

Over recent years, as successive governments have tightened lettings legislation and increased the tax burden on landlords, some with investment properties...

Agents and property professionals have expressed hopes that rates have peaked after latest rise Iin the cost of borrowing. The Bank of...

Agents and property professionals will be keeping an eye on Threadneedle Street in London today, with the Bank of England expecting...

House prices dipped at their fastest rate since 2009 last month, new data shows. The latest Nationwide House Price Index revealed average...

Cooling house prices are providing an opportunity for buyers even with higher borrowing costs, Propertymark claims. The agency trade body said it...

Average mortgage rates have dropped slightly, providing possible respite for homebuyers. The latest Moneyfacts data shows the average two-year fixed mortgage rate...

Renters are putting off their buying plans until property becomes more affordable, according to the latest research from The Mortgage Lender...

‘Schools out for Summer’ as the Alice Cooper song goes and the kids are not the only ones looking forward to...

Sentiment among movers is proving to be remarkably resilient despite the challenging news in recent months on mortgage rates, inflation, and...

Zoopla has delivered strong vendor lead performance for agents in the first half of 2023 despite the challenging macroeconomic backdrop -...

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...

House prices will fall by at least another 5% between now and Christmas, a property group has warned, creating tough times...

Properties are taking longer to go under offer but there is no evidence of large discounts on asking prices yet, Hamptons...

Property market activity has returned to levels last seen in the aftermath of last October’s mini Budget, data from the Royal...

Mortgage borrowers are facing higher costs but banks are ‘resilient enough’ to withstand a 30% fall in house prices, the Bank...

The average rate for a two-year fixed rate mortgage has passed the “devilish” 6.66% point, figures show. Moneyfacts yesterday revealed the average...

The long-awaited Renters Reform Bill was finally introduced in Parliament in May, but is it really good news for tenants? Several...

The UK is heading for a further drop in housebuilding, according to the latest Purchasing Managers Index data by S&P and...

Borrowers have been dealt a new blow after five-year fixed rates passed the 6% barrier yesterday. Moneyfacts data showed the average five-year...

Annual house price growth remained negative in June as mortgage rates hit buyer budgets but there is still a chance of...

Labour leader Sir Keir Starmer and Prime Minister Rishi Sunak clashed over housebuilding and housing market support yesterday. Sir Keir questioned Sunak’s...

The level of sellers accepting an asking price discount of 5% or more has hit a three-year high. Zoopla’s latest House Price...

Parents are compromising their own financial situation to help their children cope with the cost of living crisis, research shows. The latest...

The hit to the economy from soaring mortgage rates will be equivalent to a 2p income tax hike, new analysis by...

A quarter of homeowners are considering selling up and going back to renting amid rising mortgage costs. New Moneyfacts figures shows the...

Chancellor Jeremy Hunt has ruled out providing financial support for struggling mortgage borrowers as rates hit new highs. Average mortgage rates hit...

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

Auction House is reporting its most successful May in the 16-year history of the group, despite a decline in bidders. The month...

Mortgage rates have officially broken the 6% barrier. Average rates for home loans are now back at the level that prompted the...

Rising mortgage rates and falling house prices don’t appear to be deterring the super-rich. A report from upmarket agency Beauchamp Estates suggests...

Asking prices have fallen on a monthly basis at this time of year for the first time since June 2017 as...

The rising cost of living and higher mortgage rates are forcing potential homebuyers to put their property plans on hold, research...

A strong labour market, growing consumer confidence and an increasing acceptance of a higher mortgage rate environment will support the housing...

Two sets of housing data have suggested a declining property market, with further price drops on the horizon. Halifax has recorded the...

Higher mortgage rates are pushing buyers to smaller homes and those that are selling are taking longer, research shows. Analysis of the...

Zoopla has scheduled its latest quarterly market update for agents. Taking place on Wednesday 14 June, it will address how agents can...

The property market appears to have stalled in April and May, with official data showing a dip in house prices and...

High-end estate agency Strutt & Parker says its research points to a sales market recovery underway in some parts of the...

They dropped like a stone - that’s the verdict on property sales from a leading business analyst. Sarah Coles of Hargreaves Lansdown...

Only a fifth of agents have reported being busier than last year as higher mortgage rates and inflation weigh on the...

Average UK house prices declined last month for the first time in three months, Halifax claims. The lender’s latest House Price Index...

With rising mortgage rates and the cost of living expected to be the biggest cause of a slowdown in the housing...