Archive

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

Rightmove’s entry into the mortgage market presents a threat to financial services leads, agents have been warned. The portal said in a...

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

SmartSearch looks at the importance of incorporating Source of Funds checks into KYC processes It is no secret that the UK property...

Rightmove is expecting more money from agents this year and is also looking to grab a slice of the mortgage market. A...

Builders are calling for Stamp Duty exemptions on more energy efficient properties to help tackle the housing crisis. A new 10-point plan...

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

When Chancellor Jeremy Hunt gets to his feet on Wednesday to deliver his Autumn Statement, he should consider offering support to...

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

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

Mortgage arrears and claims for repossession are on the rise as official data shows how much homeowners are still struggling in...

House price falls could continue into 2024 as high interest rates continue to make it difficult for homebuyers to transact, an...

Mortgage brokers have hailed a ‘watershed moment’ as Nationwide became the first lender in months to release a sub-5% home loan...

Houses prices stopped falling on a monthly basis for the first time since in six months during October but are still...

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

Interest rates were held for a second consecutive month yesterday, giving agents renewed hopes that the cost of borrowing has reached...

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

The best way to judge the UK housing market is to check on what’s happening in Parliament, not the price indices...

Simon Jackson is Managing Director of SDL Surveying If we look at the latest data, it looks like there is something of...

A new analysis of the housing market has assessed 50 cities in the UK to establish which is best for first...

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

House price growth fell to its lowest annual rate since 2012 in August, official data shows. The latest Land Registry House Price...

The proportion of listings going under offer within 30 days has dropped from 53% last year to 37% in September 2023,...

Proptech – it’s a people thing. It might seem like a strange thing to say but the best of tech is a...

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...

Who are you and what does it say on your business card? My name is Jake Gann and my business card says...

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

One in four mortgages lent to those under 30 now have a term of 35 years or more, new research suggests. This...

The old adage that estate agency is a people business is rarely more relevant than right now, when the market is...

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

Knight Frank has revised its house price forecasts and now expects a steeper market drop. The agent previously predicted a 5% fall...

Property sales and mortgage approvals both fell annually in August, official data shows. Figures from HMRC show UK residential transactions were down...

Spicerhaart has boosted its senior team with the appointment of a new managing director within its estate agency division.  Tommy Taylor is...

Buyers and sellers are still factoring energy efficiency into property valuations despite Prime Minister Rishi Sunak rolling back net-zero reforms. Analysis by...

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...

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

Estate agency group My Property Box has launched a financial services arm to provide clients with a one-stop shop. Having gained the...

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

The artificial intelligence (AI) platform, Bard, correctly guessed what the UK’s average house price would be in the Land Registry’s monthly...

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...

To help or not to help: that is the question the government is facing with regard to under-pressure private rented sector...

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

Mortgage searches on behalf of borrowers using gifted equity or making a concessionary purchase from a family member rose by 75%...

House prices have fallen at the steepest rate since 2009, Halifax data shows. The latest Halifax House Price Index for August suggests...

Despite a 15-year peak in interest rates, one of Glasgow’s leading estate agents, Corum, has reported a 10% surge in viewings...

Agency recruitment firm Rayner Personnel has launched a financial services division. It will be led by Daniel Clow, who has held senior...

I sometimes wonder just how far our national obsession with buying our own homes will stretch. First-time buyers are prepared to save...

United Trust Bank (UTB) has become the first lender to sign up to the Open Property Data (OPDA) Association. Additionally, the bank’s...

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

Mortgage lending has dropped and buyers are no longer stretching their affordability limits, UK Finance claims. New data from the banking trade...

Two directors of Spicerhaart are set to take over as joint chief executive of the independent agency brand. It comes as its...

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

LSL has grown its mortgage business with another acquisition. The property brand announced yesterday that it has acquired the Tenet Mortgage network,...

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...

There’s been a sharp rise in mortgage arrears as high interest rates have hit the housing market - and now there’s...

It won’t come as a surprise that forecasts show mortgage approvals will fall this year. But a new analysis says the drop...

The Halifax is warning that house price falls will continue into 2024. It cautions that price drops will be “gradual, rather than...

OnTheMarket has become the first major UK portal to allow agents to promote their own revenue generating partnerships on listing pages. Agents who...

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...

The property market is unstable at the moment making it increasingly difficult for first-time buyers to get on the ladder. As a...

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

Belvoir has reported revenue growth for the first half of 2023 despite “challenging market conditions,” with its lettings performance offsetting lower...

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

The National Association of Property Buyers’ Jonathan Rolande gives his latest take on the property market. Having just got back from holiday, I am...

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...

The number of people taking out mortgages with terms of 35 years or more hit a high of 88,059 in 2022,...

Property supply is improving but fewer properties are going under offer, research suggests. Analysis of quarter two property market activity by data...

OneDome has signalled an intention to acquire more mortgage brokers as it reveals its HomeBuyer service has helped return triple-digit year-on-year...

A mortgage expert has expressed concern about the level of borrowers still taking out high loan-to-value government-backed home loans despite falling...

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...

Almost half of adults who currently pay rent or a mortgage have seen their payments increase over the past six months...

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

The Labour Party has announced it will be hosting an emergency mortgage summit this week. The summit, happening in London tomorrow, is...

House prices are falling at their fastest rate in 12 years, dropping £7,500 on average over the past 12 months, according...

The OneDome Group has launched a competition to pay a mortgage borrower’s home loan for a year - and agents are...

Mortgage lending criteria and products are failing to keep up with more energy-efficient homebuilding techniques, it has been claimed. The Home Builders...

Price sensitivity and a flight to quality is dominating prime London markets, research suggest. Analysis of second quarter property market activity by...

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

Interest rates could peak at 6.5%, an economist has warned, but it will take a while to hit the housing market. Azad...

Mortgage approvals rose between April and May but are down by a quarter annually, underlining the uncertain market. Bank of England data...

The majority of mortgage lenders have committed to showing more flexibility to struggling borrowers but the Government has confirmed that support...

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

Chancellor Jeremy Hunt has secured promises from banks to be more flexible with mortgage borrowers amid concerns about rising rates. Average mortgage...

The latest interest rate rise has heightened the risk of forced sales and buyers shying away from the market, agents have...

OnTheMarket has launched a new financial services arm. The portal has unveiled OnTheMarket Money, an umbrella brand providing consumers with access to...

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

Homeowners face paying an extra £3,000 for their mortgage next year, new research suggests. Analysis from the Resolution Foundation thintank suggests that...

MPs have urged Prime Minister Rishi Sunak to hold an emergency summit in Downing Street with banks and mortgage lenders to...

The value of mortgage lending has slumped to its lowest level since the second quarter of 2020, Bank of England data...

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

Almost 400,000 borrowers on low-rate mortgage deals are in for a shock when their products expire this year, Equifax has warned. Analysis...

Mortgage brokers are trying to get lenders to sign up to a 24-hour Product Withdrawal Pledge in efforts to keep the...