Archive

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

Propertymasrk has thrown its weight behind Lloyds Banking Group making £2 billion of lending available to first time buyers borrowing more...

Some of the richest people on the world, who use London as one of their bases, are choosing to rent rather...

A survey of over 730 property professionals has found that 76% believe the introduction of technology has changed the UK property...

New Freedom of Information (FOI) data from the Financial Conduct Authority shows that Labour’s plan to introduce a ‘Freedom to Buy’...

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

It’s being reported that Lomond Group, the chain of lettings agencies owned by a division of Lloyds Banking Group, is likely...

New figures showing no slowdown in the rate of private rental inflation is just additional “misery” for tenants, a leading financial...

OnTheMarket has launched a new report giving details of real-time lettings activity in local markets across the country.  OTM says that there;’s...

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

Aldermore has cut rates across its buy to let and residential owner occupier mortgages - the latest in a series of...

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

The chief executive of Purplebricks says he’s backing Labour’s house building plans because of the state of the private rental sector.  Sam...

An agency has signed up to OnTheMarket, claiming the portal progress since being taken over by a US firm was the...

A new analysis by Zoopla suggests and one in eight homes currently for sale were previously let out. The portal says this...

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...

Rightmove has thrown its weight behind the new Labour government’s bid to help first time buyers - and it wants it...

Some 51% of young first-time buyers are willing to consider so-called ‘non-traditional routes’ to move out of renting and onto the...

A prominent industry trainer is working with a fledgling sales agency to launch what it calls a “buyer representation programme” -...

Rightmove says the number of available rental properties is currently 14% higher than this time last year, while tenant demand is...

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

Zoopla is now describing itself as ’the official data partner’ of the Channel 4 programme ‘Worst House on the Street’.  Its data...

The resignation of Labour’s First Minister of Wales has raised alarm with Propertymark. Vaughan Gething quit yesterday after the Welsh Housing Secretary...

Property consultancy JLL says there’s been a noticeable rise in prime Central London lettings activity.  Average rents rose 0.9% from Q1 to...

Labour’s proposed planning reforms indicates that the new government is serious about change and grasping the nettle on housebuilding. That’s the view...

Lomond has announced its 58th acquisition - that of an agency with lettings in Derby, Burton and Chesterfield.  Its latest acquisition of...

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

Just after welcoming the appointment of the new Labour government housing minister, Propertymark has gone on to call for a cross-party...

The incoming Labour government has a social mandate to support the next generation of homeowners in the UK, says financial PropTech...

The biggest rental sector headline from Labour’s manifesto may well be its pledge for the “immediate” abolition of Section 21 eviction...

The result of the election isn’t likely to be a gamechanger for the housing market, a prominent business consultancy says.  An analysis...

If Labour wins Thursday’s General Election. expect three major housing announcements within a fortnight. That’s the exclusive claim from the Sunday Times...

This year has seen a two-decade high of 181,000 first time buyers secure their first foot on London’s housing ladder, marking...

London agency chain Dexters has reported a huge 23% rise in revenue to £181m - and much of that rise is...

The decision of property developer Berkeley Group to enter the private rental sector is bad news for tenants, it’s claimed. Berkeley plans...

HMO Sales Expert, a 2024 start-up, has launched a UK-wide partnership programme. It’s commenced with Plymouth, Doncaster, Leicester, and Peterborough, and later...

The next Government should create a separate Ministry of Housing and encourage MPs of all parties to work together to solve...

Lomond has announced yet another acquisition, this time expanding its presence across the south coast with by snapping up Mishon Mackay. The...

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

The Scottish National Party, which as part of an alliance with the Greens introduced controversial rent controls in Scotland in 2022,...

We’re absolutely delighted to announce that, after 10 years, we’re able to expand The ValPal Network to Northern Ireland. Since our launch...

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

John D Wood & Co., one of the UK’s oldest lettings and estate agents dating back over 150 years, has expanded...

The UK housing market has returned to its pre-pandemic size, according to Savills analysis. Overall, the total value of the UK housing...

Shelter has spoken out in favour of what it calls “bold” commitments by Labour on the private rental sector and house...

Labour’s manifesto, just released, makes a pledge to enact the “immediate” abolition of Section 21 eviction powers, along with other private...

The latest residential market survey from the Royal Institution of Chartered Surveyors is raising a red flag over what it calls...

Young people in London are taking on second jobs to get onto the property ladder, it’s claimed. Of the first-time buyers in...

Agents, and others in the lettings industry, have given a sceptical response to the Conservative manifesto and its varied pledges about...

The Conservatives have this afternoon set out a 78-page manifesto, of which just over two pages are given to housing and...

London’s rental market has weakened in recent months according to the fledgling online service Hello Neighbour. Rents are 1% down compared to...

Data sourced from millions of bank accounts reveals spending on rent and mortgages increased 6.3 per cent year-on-year in May. Barclays data...

Over the weekend the Conservatives pledged that if elected on July 4 they would permanently scrap stamp duty for first time...

Labour is launching a new Freedom to Buy scheme to get 80,000 young people on the housing ladder, over the next...

The Royal Institution of Chartered Surveyors has launched what it calls an “impartial”guide for landlords, investors and others buying or selling...

Independent agency Henry Adams says it wants “entrepreneurs and business owners” to “explore new growth avenues” The company is seeking acquisitions, joint...

Rightmove has produced five core demands on behalf of the rental sector, which it would like the next government to meet. These...

A prominent housing market analyst says people shouldn’t bother reading election literature but instead study interest rates if they want to...

Four fifths of developers believe that the next government needs to do more to support first time buyers, according to the...

A mortgage lender claims many potential first time buyers are missing out because they don’t understand the concept of shared ownership. Just...

Propertymark has stepped into the row over whether there should be more controls over second homes, holiday lets and people from...

If Labour plans to bring in rent controls they won’t work, a property association has warned.  The National Association of Property Buyers...

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

A third of homes currently for sale can be bought with a mortgage and monthly repayments that cost less than the...

Some 50% of tenants who moved last year did so because their landlords decided to sell the property.  By contrast, eviction was...

Letting agents believe Help to Buy has been the most positive influence to the property market in recent times, while on...

Londoners looking to buy a home can expect to spend 42% more on monthly mortgage payments than tenants pay on rent,...

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

Two London agents who traded fraudulently through their lettings business and scammed victims out of over £24,000 have been sentenced. After a...

An estate agency that promotes the self-employed model claims that three areas of the country lead when it comes to industry...

Startling regional differences are acting as barriers to those looking to step onto the property ladder for the first time, according...

The political chaos in Scotland presents sensible politicians with an ideal chance to resent housing policies and ditch rent controls. That’s the...

A prominent lettings agency operator says he hopes the “toxic” attitude to the private rental sector by the Scottish Government may...

Some 83% of estate agents are proud of their profession, says a new survey. The poll of 1,728 estate agents, commissioned by...

Rightmove says it’s now cheaper to buy than rent in each of Great Britain’s biggest cities, highlighting why many determined first-time...

Data from in-the-news agency Foxtons reveals rental applicant demand has increased 9% from February, yet is now still 14% lower year...

The UK's rental market is experiencing a slowdown says a lettings chief. Nicky Stevenson, Managing Director of Fine & Country notes that...

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

Foxtons says it wants to extend what it calls its “full digitisation of the lettings journey” to its sales side, as...

The Guild of Property Professionals is launch a new Ezine system for members to market properties to let and for sale. According...

Seymours, one of the largest independent agency networks operating in the South East of England, is to advertise its lettings and sales...

Propertymark has batted away any possible market pessimism as a result of a downbeat price index result from the Halifax  Just before...

Promising figures from the latest house price index doesn’t mean underlying problems in the market have been solved, warns Propertymark. UK house...

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

For first time buyers, renting is cheaper than buying in most of the UK according to new data from the Halifax.  London, the...

There appears to be more evidence that these are good times for auctions. Network Auctions says it’s witnessed a sales surge, with...

A prominent lettings agent is calling for an end to what he calls the “archaic” system under which some tenants end...

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

A think tank is urging the UK government to consider tax perks for private renters to help them save faster for...

A property portal claims it’s struck an industry-first by making a “substantial investment” of over £250,000 in Artificial Intelligence.  The local portal...

The largest lettings agency in Scotland says purchases by landlords and other investor buyers in that country have risen sharply despite...

The Royal Institution of Chartered Surveyors has launched a new Residential Retrofit Standard in a bid to help the housing industry...

Propertymark has urged the Sunak government to press ahead with leasehold reform ahead of the Second Reading of the Leasehold and...

Asking rents continue to show pos­itive annualised growth in all regions except Greater London and Scotland.  That’s according to respected property website...

Hamptons has launched a residential investment department - and it’s using the sister Connells brand to give new homes more exposure...

A survey from property portal Share to Buy suggests that over three quarters of buyers believe they cannot afford to purchase...

The PropTech sector has mostly agreed with the rest of the industry in its view on yesterday’s Budget - that it...

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

Knight Frank has taken the unusual step of suggesting a government proposal for the housing market is high-risk and could even...