Archive

Rightmove says the average first-time buyer mortgage payment is nearly £150 lower than the mortgage rate peak in July 2023.   Rightmove’s weekly...

Extra help for first-time home buyers is on the way as Lloyds Banking Group increases the amount prospective homeowners can borrow,...

Nationwide says UK house prices fell by 0.2% month on month in August, after taking account of seasonal effects, but the...

Zoopla’s latest House Price index shows a housing market steadily recovering from the impacts of higher mortgage rates with prices rising...

New data from Santander shows that parents wanting children to attend one of the top 500 state primary schools outside of...

A new analysis of the housing market suggests approvals will rise following the first Bank of England base rate cut of...

Older home owners taking equity release from their properties are, on average, £12,400 worse off today than they were last year,...

The Equity Release Council (ERC) has unveiled new guidance for member firms to consider when launching retrofit lifetime mortgages.   In consultation with...

Mojo Mortgages’ data has revealed that extending a mortgage from 25 to 35 years can cost the average first-time buyer an...

Marsden Building Society has announced several changes to its expat mortgage criteria, including accepting British Nationals Overseas Persons (BNOPs) and foreign...

The positive impact of this month’s Bank of England base rate cut, combined with other encouraging market data, has led Rightmove...

Legal & General’s Suburban Build-to-Rent platform - known as LGSBTR - is working with the Vistry Group on a £40m deal...

Digital property pack provider Moverly has analysed the average time it takes to sell a home in 12 countries - and...

Gifts and loans from the Bank of Mum & Dad totalled £9.4 billion in 2023, according to the latest analysis from...

Mortgage and protection brokerage Access Financial Services has reported what it calls “exceptional growth” with turnover up 46% between April 2023...

UK house prices increased by 0.3% month on month in July, after taking account of seasonal effects.  This resulted in a slight...

A new lettings market index has been launched by the Skipton Group, parent company of Connells, the country’s largest lettings and...

Half of all UK homes have increased in value in the first half of 2024 by 1% or more, says Zoopla. This...

Growing mortgage product choice shows growing confidence in aspects of the housing market, even before anticipated rate cuts. That’s the view of ...

A left-wing academic is suggesting that the new UK Labour government should emulate the US and introduce life-long fixed-rate mortgages. Some 90...

An estate agency’s research shows a regional breakdown of how the first time buyer market could change if the new government...

The latest residential sentiment survey from the Royal Institution of Chartered Surveyors suggests a currently-subdued housing market but with a more...

Estate agents’ body Propertymark has issued a report called ‘A Dickensian Legal Process’ exploring why it takes long and longer to...

Hinckley & Rugby for Intermediaries has enhanced its flexible mortgage range, cutting selected rates by up to 30bps and launching new...

The Nationwide has calculated that house buyers with mortgages are now pay far above the long term average. The lender, in its...

Mortgage approvals for house purchases fell slightly from 60,800 in April to 60,000 in May, says the Bank of England. Approvals for...

The Nationwide regional house price indices are produced quarterly, with data for Q2 (the three months up to and incluingJune) showing...

The Conservatives are set to lose nearly half of homeowner votes this week, latest polling from national estate agency Jackson-Stops reveals....

A huge survey involving analysis of over 14,000 properties suggests an urgent need for the next government to help private rental...

Mortgage-backed housing sales volumes over the last three months are still some 49% below this time last year. A new analysis by...

Buyers and sellers had to process a series of different numbers starting with five last week. The crucial number was 5.7%. That...

There’s been particularly sharp criticism for the Bank of England’s decision at the end of last week to hold base rate...

Overall, the total value of the UK housing market contracted by 21% in the year to March 2024, on the back...

Mortgage experts have criticised the Reform UK housing and tax policies as being superficially appealing but risking a return to the...

A number of major mortgage lenders have announced rate increases just as the election campaign enters its second half. Barclays has increased...

New figures from UK Finance show a drop off in later life mortgage lending in recent months. There were 28,840 new loans...

The industry is sceptical about the effectiveness of Labour’s nw ‘Freedom To Buy’ initiative, which effectively makes the current mortgage guarantee...

This accounts for some of the big rise seen recently in the supply of homes for sale - 20% up on...

Building societies' mortgage balances grew in the six months between October 2023 and March 2024, when they had declined across the...

An analysis of period property transactions reveals that demand has slumped as low as 39.2% of previous highs because of premiums...

New data from Rightmove reveals that 95% of people planning to move home say the July General Election will not affect...

An online agency has analysed current housing market listings to see which types of home are most in demand from England’s...

There was a 13% increase in Q1 2024 of 56-65 year-olds searching for their first property compared to the same period...

Hinckley & Rugby Building Society has launched a range of mortgages to help skilled foreign workers in the UK own their...

UK mortgage lending is forecast to grow just 1.5% (net) in 2024, according to the latest EY ITEM Club Outlook for...

It might look like house prices have stabilised, staying relatively flat over the first four months of 2024, but at least...

Savills has today upgraded its five-year UK mainstream house price forecast to reflect the stronger than expected start to the year...

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

Lloyd’s pre-tax profits were just £1.6 billion between January and March, down from £2.3 billion for the same period last year. The bank...

Mortgage lending has fallen by -28.6% in the past year, according to a new analysis. Octane Capital analysed gross mortgage lending data*...

The number of new sellers coming to the market is up by 12% compared to this time a year ago, and...

New Financial Conduct Authority statistics display housing market turbulence over the past two years, raising concerns about buyers and lenders in...

An analysis of government house price data by business consultancy Hargreaves Lansdown suggests the typical mortgage term for a first time...

MPs on the all-party Levelling Up, Housing and Communities Select Committee want to quiz representatives from across the house selling community about...

The majority of buyers and sellers in the prime housing market will not be deterred by the upcoming General Election, claims...

Lloyds Banking Group, Nationwide, NatWest - along with Rightmove - have announced a strategic investment in Coadjute, a prominent PropTech business. This...

Shared ownership has failed to deliver an affordable route to home ownership for too many and for too long, says a...

UK house prices fell by 0.2% in March. Nevertheless, the annual rate of house price growth edged higher to 1.6% in...

A property software business says its research shows that the housing market revival is driven by the premiums levied on new...

Mortgage approvals jumped 7.7% in February to 60,383, and were 40% higher than they were a year ago, new figures from...

New data from Rightmove reveals that Thursday March 28 was the biggest day for the number of new sellers coming to...

Recent economic data was reassuringly predictable. We learned that core inflation fell by fractionally more than expected while services inflation proved slightly...

Homes Under The Hammer property expert Lucy Alexander is fronting a new campaign to identify empty homes and bring them back...

The average volume of UK properties listed for sale month-on-month rose by 58% in 2023 compared to a year previously, underscoring...

A think tank is urging the UK government to initiate mortgage market reforms to promote higher home ownership. The Social Market Foundation...

There’s been broad support for Santander’s decision that Universal Credit will be considered an acceptable form of secondary income for mortgage...

Analysis from estate agency Yopa reveals that while the London market may be the worst performing in terms of house prices, it...

A buying agency says stamp duty is one of the biggest obstacles to a healthy housing market driven. Recoco Property Search says...

The latest housing market snapshot from the Royal Institution of Chartered Surveyors shows the number of buyers has risen for the...

New data from Zoopla suggests that the housing market is becoming buoyant despite widespread uncertainty over the exact direction of mortgage...

Rightmove says the housing market needs a more innovative mortgage initiative than the 99 per cent idea floated by the government. The...

A building society has launched a pilot project banning mortgage lending on holiday lets in two tourist areas for 12 months. Leeds...

Last week Halifax - previously an outlier amongst major lenders - announced it was raising rates, following the likes of Santander,...

Downsizers across England and Wales could unlock an average £305,090 by moving from a four bed to a two bed home,...

Halifax moved entirely in the opposite direction to its rivals at the very end of last week, cutting rates instead of...

A property agency has analysed the lending and housing markets to work out why so many mortgage applicants are couples. Benham and...

There were 12,000 first time buyers over the age of 50 in the UK in 2022, the latest figures available. This means that...

High street bank Virgin Money UK says there is light at the end of the tunnel for mortgages and the housing...

A Knight Frank survey of 50 house builders shows a staggering 70 per cent support for Labour to win the next...

There are clear signs the commercial property market is adjusting to today’s high interest rate environment according to specialist lender Together. Its...

The number of mortgages offered to home buyers went up from 49,300 in November to 50,500 in December, against the normal...

Almost two thirds of first time buyers mortgage completions are in joint names (with two or more people), according to the...

Respected estate agency and property consultancy Savills is warning that house prices may dip in 2024. In the run-up to Christmas it...

The negative effects of higher mortgage rates on affordability were overestimated throughout 2023 with house prices having dropped one one to...

Leading agency Knight Frank says demand for new homes is generally robust, dependent upon the location and pricing.  It says its regional...

There are growing fears that the hoped-for Bank of England base rate cut this spring - the first off possibly several...

Shadow Chancellor Rachel Reeves says first time buyers could benefit from a "revolution in home ownership" with 25-year fixed-rate mortgages. Reeves says...

The Family Building Society has commissioned the London School of Economics to explore the UK’s housing. Its report - called A Road...

A building society says it is considering ending its policy of lending to buyers of holiday lets. Martese Carton, the director of...

There’s no prospect of a rapid recovery for the housing market in 2024 despite some green shoots appearing. The warning comes from...

Latest Bank of England data released in recent days shows net mortgage approvals for house purchases rose from 47,900 in October...

A record number of sellers came to market on Boxing Day 2023 according to Rightmove. The 26 per cent increase in new...

The government has launched a consultation setting out plans to improve the transparency of land trust information. Land ownership through a trust...

The Conservatives are working on a series of schemes to help first time buyers to be unveiled at the Budget in...

High end estate agency Savills has issued an update on prime markets in and around London and south east England. And it...

Falling swap rates - already falling over the past month - have dropped further following better-than-expected inflation news, triggering speculation over...

A warning has been given to borrowers and the home owning public by Paul Broadhead, head of mortgage and housing policy...

Research from Coventry for Intermediaries has revealed that there is a clear generational difference in attitude when it comes to making...

UK Finance has published its housing and mortgage market forecasts for 2024 and 2025 together with projections for 2023 full year numbers. Key figures for 2023 In...

Two-year fixed rate mortgages have dipped below six per cent for the first time since June this year. Back in June there...