Rightmove says the average first-time buyer mortgage payment is nearly £150 lower than the mortgage rate peak in July 2023. Rightmove’s weekly...
Archive
Extra help for first-time home buyers is on the way as Lloyds Banking Group increases the amount prospective homeowners can borrow,...
02 September 2024
From: Breaking News
Nationwide says UK house prices fell by 0.2% month on month in August, after taking account of seasonal effects, but the...
02 September 2024
From: Breaking News
Zoopla’s latest House Price index shows a housing market steadily recovering from the impacts of higher mortgage rates with prices rising...
29 August 2024
From: Breaking News
New data from Santander shows that parents wanting children to attend one of the top 500 state primary schools outside of...
29 August 2024
From: Breaking News
A new analysis of the housing market suggests approvals will rise following the first Bank of England base rate cut of...
29 August 2024
From: Breaking News
Older home owners taking equity release from their properties are, on average, £12,400 worse off today than they were last year,...
29 August 2024
From: Breaking News
The Equity Release Council (ERC) has unveiled new guidance for member firms to consider when launching retrofit lifetime mortgages. In consultation with...
27 August 2024
From: Breaking News
Mojo Mortgages’ data has revealed that extending a mortgage from 25 to 35 years can cost the average first-time buyer an...
27 August 2024
From: Breaking News
Marsden Building Society has announced several changes to its expat mortgage criteria, including accepting British Nationals Overseas Persons (BNOPs) and foreign...
27 August 2024
From: Breaking News
The positive impact of this month’s Bank of England base rate cut, combined with other encouraging market data, has led Rightmove...
21 August 2024
From: Breaking News
Digital property pack provider Moverly has analysed the average time it takes to sell a home in 12 countries - and...
21 August 2024
From: Breaking News
Gifts and loans from the Bank of Mum & Dad totalled £9.4 billion in 2023, according to the latest analysis from...
19 August 2024
From: Breaking News
Mortgage and protection brokerage Access Financial Services has reported what it calls “exceptional growth” with turnover up 46% between April 2023...
12 August 2024
From: Breaking News
UK house prices increased by 0.3% month on month in July, after taking account of seasonal effects. This resulted in a slight...
05 August 2024
From: Breaking News
A new lettings market index has been launched by the Skipton Group, parent company of Connells, the country’s largest lettings and...
24 July 2024
From: Breaking News
Half of all UK homes have increased in value in the first half of 2024 by 1% or more, says Zoopla. This...
22 July 2024
From: Breaking News
Growing mortgage product choice shows growing confidence in aspects of the housing market, even before anticipated rate cuts. That’s the view of ...
22 July 2024
From: Breaking News
An estate agency’s research shows a regional breakdown of how the first time buyer market could change if the new government...
17 July 2024
From: Breaking News
The latest residential sentiment survey from the Royal Institution of Chartered Surveyors suggests a currently-subdued housing market but with a more...
15 July 2024
From: Breaking News
Estate agents’ body Propertymark has issued a report called ‘A Dickensian Legal Process’ exploring why it takes long and longer to...
15 July 2024
From: Breaking News
The Nationwide has calculated that house buyers with mortgages are now pay far above the long term average. The lender, in its...
03 July 2024
From: Breaking News
Mortgage approvals for house purchases fell slightly from 60,800 in April to 60,000 in May, says the Bank of England. Approvals for...
03 July 2024
From: Breaking News
The Nationwide regional house price indices are produced quarterly, with data for Q2 (the three months up to and incluingJune) showing...
03 July 2024
From: Breaking News
The Conservatives are set to lose nearly half of homeowner votes this week, latest polling from national estate agency Jackson-Stops reveals....
03 July 2024
From: Breaking News
Buyers and sellers had to process a series of different numbers starting with five last week. The crucial number was 5.7%. That...
26 June 2024
From: Breaking News
There’s been particularly sharp criticism for the Bank of England’s decision at the end of last week to hold base rate...
24 June 2024
From: Breaking News
Overall, the total value of the UK housing market contracted by 21% in the year to March 2024, on the back...
19 June 2024
From: Breaking News
A number of major mortgage lenders have announced rate increases just as the election campaign enters its second half. Barclays has increased...
17 June 2024
From: Breaking News
The industry is sceptical about the effectiveness of Labour’s nw ‘Freedom To Buy’ initiative, which effectively makes the current mortgage guarantee...
10 June 2024
From: Breaking News
03 June 2024
From: Breaking News
Building societies' mortgage balances grew in the six months between October 2023 and March 2024, when they had declined across the...
03 June 2024
From: Breaking News
An analysis of period property transactions reveals that demand has slumped as low as 39.2% of previous highs because of premiums...
03 June 2024
From: Breaking News
An online agency has analysed current housing market listings to see which types of home are most in demand from England’s...
28 May 2024
From: Breaking News
UK mortgage lending is forecast to grow just 1.5% (net) in 2024, according to the latest EY ITEM Club Outlook for...
13 May 2024
From: Breaking News
It might look like house prices have stabilised, staying relatively flat over the first four months of 2024, but at least...
09 May 2024
From: Breaking News
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
Big demand for small properties has helped to drive growth in UK property prices in the early months of this year,...
07 May 2024
From: Breaking News
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...
29 April 2024
From: Breaking News
Mortgage lending has fallen by -28.6% in the past year, according to a new analysis. Octane Capital analysed gross mortgage lending data*...
24 April 2024
From: Breaking News
The number of new sellers coming to the market is up by 12% compared to this time a year ago, and...
22 April 2024
From: Breaking News
New Financial Conduct Authority statistics display housing market turbulence over the past two years, raising concerns about buyers and lenders in...
22 April 2024
From: Breaking News
The majority of buyers and sellers in the prime housing market will not be deterred by the upcoming General Election, claims...
17 April 2024
From: Breaking News
Lloyds Banking Group, Nationwide, NatWest - along with Rightmove - have announced a strategic investment in Coadjute, a prominent PropTech business. This...
15 April 2024
From: Breaking News
UK house prices fell by 0.2% in March. Nevertheless, the annual rate of house price growth edged higher to 1.6% in...
10 April 2024
From: Breaking News
A property software business says its research shows that the housing market revival is driven by the premiums levied on new...
10 April 2024
From: Breaking News
Mortgage approvals jumped 7.7% in February to 60,383, and were 40% higher than they were a year ago, new figures from...
08 April 2024
From: Breaking News
New data from Rightmove reveals that Thursday March 28 was the biggest day for the number of new sellers coming to...
08 April 2024
From: Breaking News
Recent economic data was reassuringly predictable. We learned that core inflation fell by fractionally more than expected while services inflation proved slightly...
04 April 2024
From: Breaking News
The average volume of UK properties listed for sale month-on-month rose by 58% in 2023 compared to a year previously, underscoring...
27 March 2024
From: Breaking News
Analysis from estate agency Yopa reveals that while the London market may be the worst performing in terms of house prices, it...
20 March 2024
From: Breaking News
A buying agency says stamp duty is one of the biggest obstacles to a healthy housing market driven. Recoco Property Search says...
20 March 2024
From: Breaking News
The latest housing market snapshot from the Royal Institution of Chartered Surveyors shows the number of buyers has risen for the...
18 March 2024
From: Breaking News
New data from Zoopla suggests that the housing market is becoming buoyant despite widespread uncertainty over the exact direction of mortgage...
13 March 2024
From: Breaking News
Rightmove says the housing market needs a more innovative mortgage initiative than the 99 per cent idea floated by the government. The...
06 March 2024
From: Breaking News
Downsizers across England and Wales could unlock an average £305,090 by moving from a four bed to a two bed home,...
28 February 2024
From: Breaking News
A property agency has analysed the lending and housing markets to work out why so many mortgage applicants are couples. Benham and...
21 February 2024
From: Breaking News
High street bank Virgin Money UK says there is light at the end of the tunnel for mortgages and the housing...
14 February 2024
From: Breaking News
The number of mortgages offered to home buyers went up from 49,300 in November to 50,500 in December, against the normal...
05 February 2024
From: Breaking News
Almost two thirds of first time buyers mortgage completions are in joint names (with two or more people), according to the...
05 February 2024
From: Breaking News
Respected estate agency and property consultancy Savills is warning that house prices may dip in 2024. In the run-up to Christmas it...
31 January 2024
From: Breaking News
The negative effects of higher mortgage rates on affordability were overestimated throughout 2023 with house prices having dropped one one to...
29 January 2024
From: Breaking News
There are growing fears that the hoped-for Bank of England base rate cut this spring - the first off possibly several...
22 January 2024
From: Breaking News
Shadow Chancellor Rachel Reeves says first time buyers could benefit from a "revolution in home ownership" with 25-year fixed-rate mortgages. Reeves says...
22 January 2024
From: Breaking News
A building society says it is considering ending its policy of lending to buyers of holiday lets. Martese Carton, the director of...
10 January 2024
From: Breaking News
There’s no prospect of a rapid recovery for the housing market in 2024 despite some green shoots appearing. The warning comes from...
10 January 2024
From: Breaking News
Latest Bank of England data released in recent days shows net mortgage approvals for house purchases rose from 47,900 in October...
08 January 2024
From: Breaking News
A record number of sellers came to market on Boxing Day 2023 according to Rightmove. The 26 per cent increase in new...
08 January 2024
From: Breaking News
High end estate agency Savills has issued an update on prime markets in and around London and south east England. And it...
03 January 2024
From: Breaking News
Falling swap rates - already falling over the past month - have dropped further following better-than-expected inflation news, triggering speculation over...
27 December 2023
From: Breaking News
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...
20 December 2023
From: Breaking News
Two-year fixed rate mortgages have dipped below six per cent for the first time since June this year. Back in June there...
18 December 2023
From: Breaking News
Many landlords say they’re set to expand investments in 2024 despite facing up to 80 per cent higher costs in the...
18 December 2023
From: Breaking News
A new survey - going against the trend of other housing market studies - suggests that house prices could rise six...
13 December 2023
From: Breaking News
Rightmove is launching its first broker product, which will allow customers to access mortgage advice through the property website. The portal,...
04 December 2023
From: Breaking News
Knight Frank says a reduction in mortgage costs as early as February - or perhaps more likely in Q2 next year...
29 November 2023
From: Breaking News
A new analysis of the new build housing market for next year suggests that eventually there will be a bounce, triggered...
29 November 2023
From: Breaking News
The Mortgage Lander is warning that mortgages rates will need to come down more, and faster, to really kick-start the housing...
20 November 2023
From: Breaking News
Some 45 per cent of homebuyers cited in a survey say slow property lawyer response time is a key pain point...
15 November 2023
From: Breaking News
The first time buyer economy, comprised of lending and spending, will reach £74.1 billion by 2025, according to research by Coventry...
08 November 2023
From: Breaking News
The Nationwide says high interest rates are helping to redefine the housing market in terms of transaction volumes and choices of...
11 October 2023
From: Breaking News
Despite the housing market slowdown, brokers are being warned that the autumn months of September, October and November have typically seen...
11 October 2023
From: Breaking News
Is the mortgage price war really over? On the one hand there are good signs for the housing market - no substantial...
09 October 2023
From: Breaking News
The latest industry index on property fall throughs by quick-buy property firm House Buyer Bureau shows the problem accelerating across the...
04 October 2023
From: Breaking News
The interest rate on the average five-year fixed mortgage has dropped below 6.0 per cent for the first time in nearly...
02 October 2023
From: Breaking News
There’s been a backlash from the mortgage industry following Prime Minister Rishi Sunak’s Eco U-turn last week. In recent months a growing...
25 September 2023
From: Breaking News
Brokers are warning that dramatic council ‘effective bankruptcies’ will increase local residents’ tax bills and so hurt mortgage affordability. This follows the...
20 September 2023
From: Breaking News
The impact of higher interest rates isn’t felt equally across the country, according to data from the Halifax. Despite recording one of...
06 September 2023
From: Breaking News
Brokers are wanting that the recent Rightmove asking price index does not mean that sellers are necessarily in a position to...
30 August 2023
From: Breaking News
High interest rates are worsening the affordability issues at play in the housing market, the Halifax admits. It says that downward pressure...
28 August 2023
From: Breaking News
A new analysis shows that the UK's mortgage brokerage market is projected to grow this year despite ongoing economic insecurity. Octane Capital...
08 August 2023
From: Breaking News
The Bank of England’s latest base rate rise - up 0.25 per cent to 5.25 per cent - has been poorly...
08 August 2023
From: Breaking News
New figures relating to the government’s mortgage guarantee scheme shows significant numbers of people taking out high loan to value mortgage...
25 July 2023
From: Breaking News
The latest house price index - this one from the Halifax - has triggered a huge wave of concern about the...
11 July 2023
From: Breaking News
Nationwide says the sharp rise in the costs of mortgages is causing a "significant drag" on the housing market - but...
04 July 2023
From: Breaking News
Mortgage lenders and brokers have rarely had a higher profile than right now, when they are seen as key to the...
13 June 2023
From: Breaking News
New seller asking prices rise by just 0.2% (+£890) this month to £366,247, which is notably lower than the average increase...
25 April 2023
From: Breaking News
Research from eXp UK, the network of personal estate agents, has revealed that in 22 UK cities, house prices are continuing to...
28 March 2023
From: Breaking News
The latest market analysis by specialist property lending experts, Octane Capital, reveals that recent uncertainty in the property market during the...