Rightmove posted a bullish trading update and raised performance expectations for the year ahead on Friday but the markets seemed less...
Archive
Agents remain typically optimistic about the property market after interest rates were been held at their 16-year high of 5.25% by...
10 May 2024
From: Breaking News
It was the news we were all expecting. But I still feel a sense of disappointment as I digest the fact the...
10 May 2024
From: Breaking News
A stamp duty cut would see house prices go up and evictions soar, a property industry commentator claims. Reports in the past...
07 May 2024
From: Breaking News
Prominent housing and mortgage experts are downplaying the chance of an interest rate cut following the Bank of England monetary policy...
03 May 2024
From: Breaking News
Lloyds Bank has issued figures showing a 28% profits plunge for the first quarter of the year - but it nonetheless...
25 April 2024
From: Breaking News
The average price of a home in Wales fell to £229,263 in the first quarter of 2024, making this the fifth...
25 April 2024
From: Breaking News
Winkworth has revealed that it has not renewed franchises on offices “where our standards were not being met and results were...
18 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
Lenders are predicting a busy quarter for supply and demand of mortgages. The Bank of England’s latest Credit Conditions Survey showed lenders...
12 April 2024
From: Breaking News
Mortgage approvals rose for the sixth consecutive month in February and are at the highest level since September 2022, Bank of...
03 April 2024
From: Breaking News
Property blockchain network Coadjute has secured a £10m investment from Lloyds Banking Group, Nationwide, Natwest, and Rightmove. This is the first time...
03 April 2024
From: Breaking News
Estate agents are hopeful for a busy spring market after official data showed a small rise in property sales in recent...
02 April 2024
From: Breaking News
Borrowers are currently rolling off relatively favourable two-year fixed-rate deals agreed at the start of 2022, but the pain from higher...
30 March 2024
From: Features
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
Inflation has hit a new two-year low as the cost of living measure slowed to 3.4% in February. The figure is down...
21 March 2024
From: Breaking News
The ripple effect of a property sale that falls through is, without exception, one of the most frustrating and disappointing events...
20 March 2024
From: Features
The best news for the property sector to come from Chancellor Jeremy Hunt’s Spring Budget statement came not from any fiscal...
20 March 2024
From: Features
The gap between the price a seller wants and what a buyer is willing to pay is at risk of widening,...
19 March 2024
From: Breaking News
The prime London sales market has made a hesitant start to 2024, Knight Frank has said. Despite the agent and property brand...
12 March 2024
From: Breaking News
Average house prices rose for the fourth consecutive month during February, figures from Halifax show, but it is unclear how long...
08 March 2024
From: Breaking News
The level of mortgage approvals for home-movers hit the lowest level since the 1970s amid the cost of living crisis in...
05 March 2024
From: Breaking News
Mortgage approvals increased for the fourth consecutive month in a row during January but that hasn’t fed into official sales yet, data...
01 March 2024
From: Breaking News
Propertymark has added its name to calls for Stamp Duty reform and has also urged lenders to develop more affordable mortgage...
29 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
A senior estate agent has described the Government’s pledge to compel councils to cut red tape in favour of development as...
20 February 2024
From: Breaking News
The rate of inflation remained at 4% in the 12 months to January, but housing costs remain high, Office for National...
15 February 2024
From: Breaking News
Propertymark has urged the Bank of England to cut interest rates “as soon as practically possible” after the trade body noted...
09 February 2024
From: Breaking News
Homebuyer and seller activity has finally started to turn positive, according to the Royal Institution of Chartered Surveyors (RICS) suggests. The latest...
08 February 2024
From: Breaking News
Agents are becoming more confident about a busy Spring market after the Bank of England held interest rates for the fourth...
02 February 2024
From: Breaking News
Rightmove has recorded its busiest month since launching its mortgage in principle service in 2022 and predicts an interest rate hold...
01 February 2024
From: Breaking News
The number of mortgage approvals hit a six-month high in December as falling mortgage pricing and renewed buyer confidence “breathed new...
31 January 2024
From: Breaking News
The housing sector remains locked in a buyers’ market and prices are unlikely to rise nationally this year, Zoopla claims. While some...
22 January 2024
From: Breaking News
House prices fell at their fastest rate since 2011 during November 2023, the Land Registry has revealed. The latest Land Registry House...
18 January 2024
From: Breaking News
Inflation rose unexpectedly in the 12 months to December 2023, Office for National Statistics (ONS) data has revealed. The latest ONS figures...
18 January 2024
From: Breaking News
As Conveyancers we operate in such a volatile market, where government economic policy can and has repeatedly made our professional lives...
13 January 2024
From: Features
Chris Hemmings, Parter in Carter Jonas’ Planning & Development team We’re confident of a better start to 2024 than 2023. The news that...
06 January 2024
From: Features
The level of mortgage approvals hit a four-month high in November, Bank of England data reveals. There were 50,067 mortgage approvals in...
05 January 2024
From: Breaking News
As 2023 trundles towards the buffers and we look forward to our Christmas break, it is something of a seasonal phenomenon...
23 December 2023
From: Features
Inflation fell to its lowest level in two years during November, raising hopes that interest rate cuts and lower mortgage pricing...
21 December 2023
From: Breaking News
House prices are set to fall further next year, two major lenders claim. The house prices indices of Halifax and Nationwide have...
18 December 2023
From: Breaking News
The Bank of England maintained interest rates at 5.25% yesterday, raising hope among agents that this would boost buyer confidence and...
15 December 2023
From: Breaking News
The value of gross mortgage advances increased during the third quarter but future lending commitments have dropped, Bank of England data...
13 December 2023
From: Breaking News
Household finances remain stretched and the full impact of higher interest rates and mortgage pricing has yet to fully hit the...
07 December 2023
From: Breaking News
House prices increased for the third month in a row during November but are still down annually, Nationwide data shows. The lender’s...
04 December 2023
From: Breaking News
The number of mortgage approvals for house purchase has hit a three-month high, Bank of England data shows. Figures from the Bank...
30 November 2023
From: Breaking News
Chancellor Jeremy Hunt will deliver his Autumn Statement this afternoon amid rumours of Stamp Duty reforms and support for first-time buyers. The...
22 November 2023
From: Breaking News
The rate of inflation has fallen to the lowest level in two years, raising hopes of a boost for the property...
16 November 2023
From: Breaking News
It wouldn’t be sensible to jump to a firm conclusion about the prospects of the housing market this side of Christmas,...
13 November 2023
From: Breaking News
Right now, it feels like we are living in a housing market full of contradictions. Despite the best endeavours of Liz Truss,...
13 November 2023
From: Breaking News
The UK’s housing market is past ‘peak pain’ and looks set to bottom out in mid-2024, according to Savills. The agency giant’s...
08 November 2023
From: Breaking News
Mortgage rates could be set to finally fall below 5%, brokers claim. The pricing of home loans has rocketed this year amid high...
07 November 2023
From: Breaking News
Rightmove has secured guests from the Bank of England to join a live webinar for agents today. The event aims to break...
07 November 2023
From: Breaking News
Interest rates were held for a second consecutive month yesterday, giving agents renewed hopes that the cost of borrowing has reached...
03 November 2023
From: Breaking News
Nationwide has cautioned property market commentators about being too optimistic as its own house price index showed average prices surprisingly rose...
02 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
The best way to judge the UK housing market is to check on what’s happening in Parliament, not the price indices...
31 October 2023
From: Breaking News
The latest guests to join Rightmove’s Autumn webinar schedule include a Generative AI expert from Google and representatives from the Bank...
24 October 2023
From: Breaking News
The property market’s 18-month “white-knuckle ride” is coming to an end, Tom Bill claims. Speaking on the Guild of Property Professionals’ The...
24 October 2023
From: Breaking News
An opinion piece by Sam Reynolds, CEO of Zero Deposit Just weeks ago, the Bank of England brought a halt to its...
21 October 2023
From: Features
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
Mortgage lenders are braced for a slower market over the rest of the year. The latest Bank of England Credit Conditions Survey...
13 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
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
Keller Williams UK (KWUK) is set to hold its largest ever UK event. The KWUK Megacamp will take place at the VUE cinema in...
02 October 2023
From: Breaking News
In his latest column Jonathan Rolande reacts to the shock but much-needed pause in interest rate rises. I suspect you, like me,...
25 September 2023
From: Breaking News
Since the Bank of England base rate started making large jumps around the middle of last year, mortgage rates have increased...
23 September 2023
From: Features
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
The Bank of England is facing calls to hold off on raising interest rates this week. Its Monetary Policy Committee is set...
20 September 2023
From: Breaking News
Around half a million mortgage-holders are facing an imminent financial shock as their fixed deals end in the run-up to Christmas...
20 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
In his latest column Jonathan Rolande explains how those working in the property can best navigate the challenges the market is...
18 September 2023
From: Breaking News
To help or not to help: that is the question the government is facing with regard to under-pressure private rented sector...
16 September 2023
From: Features
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
The number of mortgage approvals for home purchase hit a five-month low in July. Bank of England data shows there were 49,444...
31 August 2023
From: Breaking News
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
Homebuyers and borrowers could be set to benefit from a mortgage price war, a property expert claims. Jonathan Rolande, from the National...
24 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
Mortgage lenders are at last cutting their rates on some deals, confident that the Bank of England’s base rate may rise...
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
Agents and property professionals have expressed hopes that rates have peaked after latest rise Iin the cost of borrowing. The Bank of...
04 August 2023
From: Breaking News
Agents and property professionals will be keeping an eye on Threadneedle Street in London today, with the Bank of England expecting...
03 August 2023
From: Breaking News
The number of mortgage approvals edged up for a second month in a row during June but remains below 2022’s monthly...
01 August 2023
From: Breaking News
HMRC has recorded the lowest level of UK property sales for the month of June since 2020. The latest property transaction data...
31 July 2023
From: Breaking News
Average mortgage rates have dropped slightly, providing possible respite for homebuyers. The latest Moneyfacts data shows the average two-year fixed mortgage rate...
28 July 2023
From: Breaking News
Renters are putting off their buying plans until property becomes more affordable, according to the latest research from The Mortgage Lender...
27 July 2023
From: Breaking News
As the Governor, Andrew Bailey, announces his plans to install heat pumps at the Bank of England, we are increasingly hearing...
22 July 2023
From: Features
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...
18 July 2023
From: Breaking News
The level of sales agreed has fallen below its normal market trend for this time of year but the “right-priced” properties...
17 July 2023
From: Breaking News
Almost half of adults who currently pay rent or a mortgage have seen their payments increase over the past six months...
17 July 2023
From: Breaking News
Mortgage borrowers are facing higher costs but banks are ‘resilient enough’ to withstand a 30% fall in house prices, the Bank...
13 July 2023
From: Breaking News
The UK real estate industry faces a “particularly precarious” situation in the near to medium term, according to analysts at the...
11 July 2023
From: Breaking News
House prices are falling at their fastest rate in 12 years, dropping £7,500 on average over the past 12 months, according...
10 July 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...