Prominent housing and mortgage experts are downplaying the chance of an interest rate cut following the Bank of England monetary policy...
Archive
Big demand for small properties has helped to drive growth in UK property prices in the early months of this year,...
29 April 2024
From: Breaking News
We all know that first-time buyers have had a tough time of it lately. Mad mini-budgets resulting in higher interest rates...
27 April 2024
From: Features
An analysis by Rightmove reveals that the average interest rate for a two year fixed mortgage at 95% loan to value...
25 April 2024
From: Breaking News
A report in the Times newspaper says Chancellor Jeremy Hunt is planning a stamp duty cut in the early autumn. The paper...
22 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
Inflation has eased to 3.2% down from 3.4%, official figures from the Office for National Statistics show, the lowest level since...
18 April 2024
From: Breaking News
New data suggests Thursday 28 March was the biggest day for the number of new sellers coming to market so far...
05 April 2024
From: Breaking News
Epsom and Ewell, Epping Forest and Dartford have been named as the top London leaver hotspots as buyers continue to move...
25 March 2024
From: Breaking News
Interest rates were held for the fifth consecutive time after the latest Bank of England Monetary Policy Committee (MPC) meeting yesterday. The...
22 March 2024
From: Breaking News
Just one estate agency has signed up to become a UK-regulated agent to verify overseas entities for property ownership. The Register of...
27 February 2024
From: Breaking News
Propertymark has joined growing calls for the Bank of England to cut interest rates. Interest rates have been held at 5.25% since...
22 February 2024
From: Breaking News
Average asking prices have grown on an annual basis for the first time in six months but properties are taking longer...
19 February 2024
From: Breaking News
LSL Property Services yesterday announced the completion of its acquisition of TenetLime The property brand announced in August that it had acquired the mortgage...
06 February 2024
From: Breaking News
The property industry is no stranger to shifts in the technology landscape. The past year in particular saw rapid growth in technology...
20 January 2024
From: Features
Happy New Year and welcome to what’s looking like a busy - perhaps even hectic - 2024! I thought it worth running...
15 January 2024
From: Breaking News
The Register of Overseas Entities has hit the 30,000 registration milestone. The register, which is administered by Companies House, came into force...
03 January 2024
From: Breaking News
This year has seen an ongoing cost-of-living crisis, fluctuating mortgage rates, rising rents, and the threat of falling property prices. Although average...
23 December 2023
From: Features
The number of agents reporting listings selling for under asking price has hit its highest level this year as Propertymark warns...
04 December 2023
From: Breaking News
This week saw around 80 conveyancing firms across the UK paralysed by a service outage caused by a ‘cyber incident’ on...
02 December 2023
From: Features
A buying agent has given his backing to the prospect of a Stamp Duty and Inheritance Tax (IHT) cut during this...
20 November 2023
From: Breaking News
By Kevin Shaw, National Sales, Managing Director, Leaders Romans Group This year has seen an ongoing cost-of-living crisis, fluctuating mortgage rates, rising...
18 November 2023
From: Features
Chestertons has launched a new initiative with its e-Bike partner Forest that it hopes will get 5,000 of its customers and...
02 November 2023
From: Breaking News
The number of property sales recorded by HMRC is at its lowest level for almost a decade. New HMRC property transactions data...
01 November 2023
From: Breaking News
The number of mortgage approvals for home purchase hit an eight-month low during September, Bank of England data shows. Mortgage data from...
31 October 2023
From: Breaking News
Estate agents sold a record number of properties via online auction between July and September, figures from proptech firm iamproperty have...
31 October 2023
From: Breaking News
Simon Jackson is Managing Director of SDL Surveying If we look at the latest data, it looks like there is something of...
28 October 2023
From: Features
Three men who set fire to an estate agency branch in Luton while residents of upstairs flat were home have been...
27 October 2023
From: Breaking News
The latest market snapshot from Propertymark suggests a more pessimistic view of the market. The trade body’s latest Housing Insight report says...
25 October 2023
From: Breaking News
House price growth fell to its lowest annual rate since 2012 in August, official data shows. The latest Land Registry House Price...
19 October 2023
From: Breaking News
A few weeks ago I asked an estate agent friend how the market was treating him. "I feel like I’ve had a...
13 October 2023
From: Breaking News
Property professionals remain negative about the prospects for the housing market over the coming months amid low buyer demand and fewer...
12 October 2023
From: Breaking News
Demand for residential property remains fragile despite a pause in interest rate rises, Knight Frank claims. While the number of new prospective...
10 October 2023
From: Breaking News
House prices fell for the sixth consecutive month in a row during September and dropped at the fastest rate since August...
09 October 2023
From: Breaking News
Agents are securing sales closer to asking price but properties are taking longer to sell, new data suggests. Analysis by Hamptons, using...
05 October 2023
From: Breaking News
Prime London property values are not falling as far as the rest of the market but realistic pricing will be crucial...
05 October 2023
From: Breaking News
Jamie Lester is set to revive the HAUS Properties brand that he previously founded and quit. Lester, a former contestant on The...
04 October 2023
From: Breaking News
The old adage that estate agency is a people business is rarely more relevant than right now, when the market is...
03 October 2023
From: Breaking News
UK housing market activity "remains weak" according to the Nationwide. Its latest house price index shows that prices declined 5.3 per cent...
03 October 2023
From: Breaking News
Property sales and mortgage approvals both fell annually in August, official data shows. Figures from HMRC show UK residential transactions were down...
02 October 2023
From: Breaking News
As much of the country battened down the hatches for the first storm of the season, there may have been a...
30 September 2023
From: Features
Rising numbers of property owners are dropping the asking price of their homes in a bid to secure a quick sale. Latest...
29 September 2023
From: Breaking News
Estate agents are 54% more likely to secure a sale agreed on an off-market instruction than a property switched to them...
28 September 2023
From: Breaking News
The number of first-time buyers has fallen this year but the proportion of sales to this cohort remains the same due...
27 September 2023
From: Breaking News
We might be at the start of an improving housing market, suggests Propertymark. In its latest market snapshot, concentrating mostly on August,...
26 September 2023
From: Breaking News
The Bank of England has held off on further interest rate rises for now but agents warn that there is still...
22 September 2023
From: Breaking News
The rate of inflation slowed from 6.8% to 6.7% in August, providing hope for homebuyers when it comes to high mortgage...
21 September 2023
From: Breaking News
Fewer sellers are willing to cut their asking prices, Chestertons claims. The agent said vendors in the capital have already priced in...
21 September 2023
From: Breaking News
The artificial intelligence (AI) platform, Bard, correctly guessed what the UK’s average house price would be in the Land Registry’s monthly...
20 September 2023
From: Breaking News
The number of homes going under offer within 30 days of listing has dropped from 54% to 38% as buyers become...
19 September 2023
From: Breaking News
The mortgage rate rollercoaster is finally winding down but pressure will remain on the property market, Knight Frank claims. New commentary from...
19 September 2023
From: Breaking News
Auction House has sold a fifth more properties this year than the same period in 2022 despite the wider market slowdown. The...
19 September 2023
From: Breaking News
Asking prices have fallen by the largest level since March 2019 and discounts are at their highest in more than a...
18 September 2023
From: Breaking News
The ESTAS team and I are now on the final countdown to Friday 20th October. Having run the event for twenty...
16 September 2023
From: Features
High mortgage rates and a lack of supply may mean the prime property market misses its typical seasonal boost in the...
14 September 2023
From: Breaking News
Mortgage borrowers now have the greatest choice of home loan products since February 2022, Moneyfacts data suggests. It is a boost for...
13 September 2023
From: Breaking News
Marketing expert Simon Leadbetter has recommended that Purplebricks absorb its owner’s brand to consolidate its market position. Leadbetter, former group marketing director...
12 September 2023
From: Breaking News
Mortgage searches on behalf of borrowers using gifted equity or making a concessionary purchase from a family member rose by 75%...
12 September 2023
From: Breaking News
House prices have fallen at the steepest rate since 2009, Halifax data shows. The latest Halifax House Price Index for August suggests...
08 September 2023
From: Breaking News
It’s a great time to be a homebuyer if purchasers can afford it, TwentyCi has claimed. It comes as the property data...
08 September 2023
From: Breaking News
House prices fell at their fastest rate since July 2009 last month, according to Nationwide. The lender’s latest House Price Index shows...
04 September 2023
From: Breaking News
If, like me, you’re an ardent England rugby fan or indeed a fan of rugby in general, you’ll be counting down...
02 September 2023
From: Features
Uncertainty over interest rates continues to dominate the thoughts of many working in the property sector. Here in his latest column property...
25 August 2023
From: Breaking News
Foxtons remains confident about the property market despite sliding house price growth. It comes as data from Rightmove revealed that asking prices...
22 August 2023
From: Breaking News
Asking prices of new listings have dropped 1.9% this month, the largest fall in August since 2018. Data from Rightmove shows asking...
21 August 2023
From: Breaking News
The number of properties going under the hammer has increased but there has been a dip in the percentage of lots...
18 August 2023
From: Breaking News
Time is running out for agents to submit their final customer reviews for consideration in the prestigious 2023 allAgents Customer Experience...
18 August 2023
From: Breaking News
House price growth and inflation has continued to slow but there are warnings that further interest rate cuts could still dent...
17 August 2023
From: Breaking News
There is uncertainty in the market but it is still moving, TwentyCi claims. It comes as figures from the property data company...
15 August 2023
From: Breaking News
In his latest column Jonathan Rolande explains why estate agents shouldn’t be distracted by the latest house price index figures. Nobody reading...
15 August 2023
From: Breaking News
A house removal specialist and a consumer property group reckon they’ve discovered the busiest day of the year for moving. It’s Friday...
15 August 2023
From: Breaking News
Experts are warning that the weekend’s better than expected economic news could indirectly hurt the housing market. The UK economy grew by...
14 August 2023
From: Breaking News
The Halifax is warning that house price falls will continue into 2024. It cautions that price drops will be “gradual, rather than...
08 August 2023
From: Breaking News
Propertymark says that sellers who strive to find a “middle ground” in today’s difficult market can still turn a healthy profit...
08 August 2023
From: Breaking News
Cash purchasers, younger needs-based buyers and relocators are the driving force behind the current prime UK property market, according to research...
04 August 2023
From: Breaking News
OnTheMarket is to launch a six-part podcast series aimed at demystifying the home moving process for less experienced property seekers. It comes...
03 August 2023
From: Breaking News
House prices dipped at their fastest rate since 2009 last month, new data shows. The latest Nationwide House Price Index revealed average...
02 August 2023
From: Breaking News
Rightmove has launched a new tool to help agencies manage their training with the portal. The new tool ‘Teams View’ is available...
02 August 2023
From: Breaking News
Interest rates could peak at 6.5%, an economist has warned, but it will take a while to hit the housing market. Azad...
30 June 2023
From: Breaking News
Keller Williams UK’s (KWUK) Gatwick market centre is rumoured to have closed but the self-employed agency network’s chief executive Ben Taylor...
15 June 2023
From: Breaking News
Two sets of housing data have suggested a declining property market, with further price drops on the horizon. Halifax has recorded the...
08 June 2023
From: Breaking News
The property market appears to have stalled in April and May, with official data showing a dip in house prices and...
02 June 2023
From: Breaking News
Zoopla founder Alex Chesterman has fallen out of the 2023 Sunday Times Rich List while Foxtons supremo Jon Hunt has seen...
22 May 2023
From: Breaking News
The company behind Keller Williams' Evolve Market Centre - TBF Centres - has entered voluntary liqudation, Companies House documents show. It comes...
18 May 2023
From: Breaking News
Cooling house prices are resulting in the average estate agent losing around £441 of per month, research suggests. Hybrid agent Nested has...
17 May 2023
From: Breaking News
The impact of last year’s mini-Budget on the property market are “fading,” agents have claimed after the latest Nationwide housing data...
03 May 2023
From: Breaking News
Shares in Winkworth rose close to their recent highs yesterday despite the agency franchise brand reporting a drop in revenues and...
20 April 2023
From: Breaking News
The property market remains weak but there are long-term signs of stability, the Royal Institution of Chartered Surveyors (RICS) claims. The latest...
13 April 2023
From: Breaking News
Average UK house prices were hit by the largest annual decline since July 2009 last month. Nationwide’s latest House Price Index suggests...
03 April 2023
From: Breaking News
The level of mortgage approvals for home purchases bounced back in February, Bank of England figures show, but buyers are borrowing...
30 March 2023
From: Breaking News
A financial adviser has hit out at the Bank of England, claiming homeowners and business should be furious about its interest...
28 March 2023
From: Breaking News
New analysis may called into question the experience of firms approved to check the Government’s flagship register of overseas entities (ROE). The...
23 March 2023
From: Breaking News
A more stable picture of the housing market may be emerging, the Royal Institution of Chartered Surveyors (RICS) has suggested. It comes...
09 March 2023
From: Breaking News
AML experts SmartSearch warn estate agents that, with so many firms still hiding behind ‘opaque corporate structures,’ proper due diligence has...
11 February 2023
From: Features
Halifax has recorded the lowest level of annual house price growth for three years. Its latest House Price Index for January 2023...
08 February 2023
From: Breaking News
The property market has been warned to expect fewer sales and more expensive mortgages after interest rates were raised for the...
03 February 2023
From: Breaking News
The ‘fizz’ has left the market, an industry veteran has claimed after the Nationwide House Price Index revealed a second consecutive...
02 February 2023
From: Breaking News
Readers of a certain age may remember 1983. The Space Shuttle Challenger made its first flight, Neil Kinnock was elected Labour leader,...
14 January 2023
From: Features
The housing market is struggling to regain momentum following the mini-Budget but a ‘soft landing’ is possible, Nationwide suggests. The lender is...