Archive

Residential property sales were up by 7% in July compared to the same month year, with 90,630 transactions, official figures show. But...

A regional agent says the fear of further taxes on the private rental sector may lead to a spurt of landlords...

The rise in consumer inflation from 2.0% to 2.2% is “an unfortunate but accepted part” of achieving a stable housing market. So...

The latest rental market survey by the Royal Institution of Chartered Surveyors suggests there’s still a significant mismatch between supply and...

The Bank of England has cut base rate from 5.25% to 5.0% - its first cut in four years. It was a...

The chance of the Bank of England deciding to cut base rate today and thus trigger further interest rate cuts, is...

The Bank of England will trim base rate to 5% next week, according to a majority of economists in a poll...

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

Former Bank of England governor Mark Carney is warning that homeowners, including those serving the private rental sector, will have to...

Leading property players and analysts suggest that the lacklustre housing market figures produced by the Halifax over the weekend owe more...

Although much focus is on the Bank of England and when it will begin to cut interest rates, a sobering warning...

The Bank of England has kept base interest rate at 5.25%. Some industry figures hoped for a cut following yesterday’s inflation news,...

Inflation back on target and following speculation about a summer interest rate cut have prompted Propertymark to insist that the Bank...

Would-be buyers with a 5% deposit face paying £300 per month more in mortgage repayments than if they continued renting, says...

Any lingering hope of a pre-election interest rate cut by the Bank of England has been hurt by the government’s Office...

Inflation figures are down - but not as much as many analysts expected. The basic Consumer Price Index figure fell from 3.2%...

The International Monetary Fund has suggested that the British economy could accommodate three interest rate cuts this year, with Kate cuts...

Inflation is expected to drop sharply in the April figures due out this week. The Office for Budget Responsibility and Bank of...

A stamp duty cut in the run up to a General Election would see house prices go up and evictions soar,...

The latest RICS UK Residential Survey results suggests that tenant demand continues to lose momentum.  Alongside this, landlord instructions remain in short...

The chief executive of one of Britain’s largest franchise agency chains is warning that rents may no longer be able to...

Average rent arrears claims climbed to £1,816 in the first quarter of this year. That’s a rise of 27% from £1,435 in...

Interest rates are expected to stay high despite good inflation news likely to be announced this week. The Office for Budget Responsibility...

It feels as though the UK housing market is waiting for something to happen. The prevailing mood is one of anticipation with...

There’s been at most a one per cent reduction in landlords in the buy to let sector, a think tank claims...

Lloyds Banking Group, Nationwide, NatWest and Rightmove have announced a strategic investment in Coadjute, a prominent PropTech business.  This is the first...

Propertymark is telling the Bank of England that now is the perfect time to cut base rate and trigger wider interest...

Latest inflation figures are announced on Wednesday and the Bank of England makes its next base rate decision on Thursday. The Office...

The letting agents’ trade body Propertymark has made the unexpected move of calling on banks to cut mortgage rates. Rates are typically...

Propertymark wants the Bank of England to cut interest rates following data showing soaring mortgage arrears and repossessions. Lenders trade body UK...

A trades union has slammed the Bank of England over its decision to keep base rate at 5.25 per cent, saying...

The Bank of England has kept its base rate at 5.25 per cent but markets forecast this will drop from the summer as...

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

Summer looks like it’s going to be a hectic period for lettings agents and the private rental sector according to TV...

Residential buy to let in the North West of England, London industrial property and retail warehouses are set to be the...

Owner occupiers have been competing with landlords in the battle to purchase smaller properties, new figures show. Smaller properties are often preferred...

A new Bank of England survey has confirmed a growing outflow of landlords from the private rental sector since 2020. The Bank’s...

All eyes are on HM Treasury this week ahead of the next inflation figures, to be released on Wednesday morning. Analysts suggest...

Cases of buy-to-let arrears have doubled in a single year, according to a new analysis. The research, from Octane Capital, analysed quarterly...

An agency has issued its rental market forecast for 2024. Chestertons says rents are forecast to have increased by 6.5 per cent...

Inflation figures for the year to October are out this week and are expected to have fallen to 4.8 per cent. That’s...

There’s growing optimism that tomorrow’s Bank of England monetary policy committee meeting will see base rate held for another month -...

There are growing fears of yet another Bank of England base rate rise next month following the surprise inflation figure released...

Propertymark has cautiously welcomed the Nationwide’s house price index showing a 5.3 per cent fall in the year to September. It says...

An estimated seven million UK households are struggling to keep up with their rent or mortgage payments, Which? warns, with millions...

Mortgage experts are expecting significant falls in the cost of borrowing this week as lenders drop their rates. Following last week’s decision...

The auction house appears to be bucking the downward trend in the wider housing market. And much of it is down to...

The Bank of England has revealed its latest decision on base rate - which in turn has a strong influence on...

An outspoken property industry figure has urged the Bank of England not to hike interest rates.  The National Association of Property Buyers...

The Centre for Economics and Business Research says the Bank of England should increase UK interest rates by another 0.25 per...

The spectre of yet another Bank of England base rate rise next week has been increased by economic figures released in...

A mortgage expert says it’s likely that the housing market will improve this autumn. Octane Capital studied Property lending mortgage approval trends...

Two letting agents have been quoted in a newspaper report as saying landlord clients have instructed them to create ‘tracker’ rents...

The relatively good news over inflation delivered by the government yesterday will not stop a 15th successive base rate rise from...

Tenants seeking a way to buy a home have been given at least slightly reassuring news by Rightmove. The portal says the...

The Bank of England’s monetary policy committee has announced its decision on base rate. It will rise by 0.25 per cent to...

The US central bank has raised interest rates to the highest level in 22 years - even though inflation in that...

Most economic and housing analysts believe another base rate rise is on the cards for next month - but the sharp...

Buy to let mortgages have seen the largest interest rate increase of any mortgage category according to new research. Barrows and Forrester...

The story of low supply in the prime London lettings market appears to be coming to an end, says Knight Frank. The...

A prominent property law consultancy wants Help To Buy, or similar schemes, to be resurrected.  Dutton Gregory Solicitors says that with the...

Chancellor Jeremy Hunt is today charing a crisis meeting of mortgage lenders, as calls mount for him to take action to...

The Bank of England has announced its latest change in base rate, which is used by most lenders to determine interest...

A prominent lettings and sales agency says there are four reasons why house prices won’t fall off a cliff, despite interest...

The results of a new survey show widespread ignorance about how interest rates work and about how the Bank of England’s...

The Bank of England has announced its latest decision on base rate. This has been increased by 0.25 per cent to 4.5...

Financial analysts are unanimously warning that Bank of England base rate will rise yet again tomorrow. If they are correct this will...

One of the most respected financial organisations says markets are now betting that the Bank of England base rate will hit...

A consultancy that handles lettings agency acquisition says funding options exist for companies wishing to buy others, despite rising interest rates. Lucy...

The Bank of England has raised base rate by 0.25 per cent to 4.25 per cent - the highest level since...

The Bank of England’s monetary policy committee meets today to decide on its base interest rate amidst shock at the latest...

Buy to let investors have created the largest increase in the mortgage market in the past year, it’s being claimed. Octane Capital...

Figures out this morning from high end agency Savills shows a 5.1 per cent increase in capital appreciation on average across...

There are more Bank of England base rates to come, a group of property finance industry experts has warned.  Personal finance comparison...

The chief executive of Propertymark is warning that interest rates are likely to rise at least one more time. The remarks by...

The headlines from yesterday’s Bank of England announcement are dominated by the base rate rise, but there’s been some unexpected good...

Interest rates may be on the way up right now following the latest Bank of England decision but there’s good news...

The Bank of England has increased base rate to 4.0 per cent - its 10th rate rise in a row. Nathan Emerson,...

A prominent legal firm has given its view on the five key trends facing the private rental sector in 2023. These come...

The average house price in Wales reached a new peak of £249,076 at the end of 2022 but cost of living...

The number of mortgage approvals for house purchases in November came to 46,075 according to the Bank of England. The 46,075 figure...

Rightmove says yesterday’s Bank of England base rate rise to 3.5 per cent - the ninth hike in as many Bank...

The Bank of England has increased base rate by 0.5 per cent to 3.5 per cent. This is the ninth consecutive base...

The Bank of England’s monetary policy committee meets again this week with a further interest rate rise likely if base rate...

A financial expert says the latest house price index, showing the biggest monthly fall for over two years, is the “first...

Mortgage experts appearing before a committee of MPs have given an especially gloomy forecast for the buy to let sector in...

Savills, which at the end of last week released a gloomy forecast predicting a 10 per cent price drop for average...

A senior lettings industry figure says the Bank of England should delay future base rate rises to allow the housing market...

Savills is the latest agency to suggest significant house price falls next year - although in its long-range forecast it says...

The Bank of England has increased its base rate from 2.25 per cent to 3.0 per cent. This is the largest hike...

There’s widespread concern that the Bank of England’s monetary policy committee, which meets tomorrow, is to unveil a 0.75 per cent...

There seems to be an industry-wide sigh of relief that Rishi Sunak has become Prime Minister. His coronation marks the end of...

Propertymark’s chief executive Nathan Emerson has welcomed the dramatic government U-turn on taxes - but most importantly has retained the stamp...

As expected there has been another substantial U-turn by Prime Minister Liz Truss. A few minutes after sacking her former Chancellor Kwasi...

The Bank of England is warning that many households will struggle to meet their rent or mortgage commitments if interest rates...

Chancellor Kwasi Kwarteng has announced that stamp duty will be cut.  In future there will be no stamp duty on the first...

The Monetary Policy Committee of the Bank of England has agreed to raise interest rates by 0.5 per cent to 2.25...

This is a crunch week for the UK economy - and likely the housing market too - with a meeting of...

The next meeting of the Bank of England’s monetary policy committee has been delayed by a week. A tweet from the BoE...

A leading business consultancy says the Bank of England will once again increase interest rates by twice the minimum permitted. CMC Markets...