Archive

A lettings agency set up by a council to buy properties on the open market and let them at open market...

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

Average rent arrears claims reached £2,092 in the second quarter of this year - a rise of 15% from £1,816 in...

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 number of buy to let property purchases in the UK fell 14% from 224,700 in 2022/23 to 193,700 in the...

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

A report from Propertymark has laid out the stark and in some cases unforeseen consequence of the Conservative government’s phased removal...

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...

An investment expert says TV property shows - especially episodes recorded some time ago - should carry warnings about soaring buy...

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

New figures from lettings agency Hamptons suggest that investors purchasing buy to let properties are increasingly looking to the north of...

Asking rents continue to show posi­tive, albeit lower, growth in most regions according to the property website Home. The site conducts a...

Glenigan, regarded as one of the construction industry’s most respected insight and intelligence consultancies, says the sector will enjoy a long-term...

Franchise chain Winkworth says there’s been a greater supply of rental properties in the first half of the year, combined with...

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

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

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

People who expect to rent throughout their retirement could need an additional £391,000 in savings compared to those who have paid...

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...

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

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

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...

The director of a London lettings agency says buy to let landlords are entitled to feel downtrodden but claims it’s still...

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

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

Knight Frank says the normalisation of supply and demand in Prime London has happened more quickly than anticipated, forcing it to...

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...

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

An Office of National Statistics survey shows that the top three issues facing the UK are still the cost-of-living crisis (89%),...

Propertymark says the lettings market is beginning to stabilise as rent arrears decrease. Propertymark member agents reported that on average, 2.5% of...

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

London lettings agency Kinleigh Folkard & Hayward is expanding with the opening of a new branch in the centre of Camberwell. Anthony...

A lettings agent who is also on the executive of Propertymark claims one of Britain’s tourist hotspots has been over-run with...

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

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

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

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...

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

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

Propertymark has urged the Scottish Government to resolve the country’s ongoing housing emergency. The news comes as Scottish Labour MSP Mark Griffin...

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

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

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

The chief executive of Propertymark has made an outspoken attack on the government in response to its latest attempt to extract...

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

Aldermore has named Bristol, as the best city for landlords to invest in for 2024.  Manchester, Coventry, Brighton and London make up...

A lettings industry supplier claims one in nine renters use foodbanks. A survey of tenants, commissioned by Zero Deposit, found that just...

Renters are less financially resilient than recent remortgagers according to an analysis by business consultants Hargreaves Lansdown. It says over two thirds...

New figures from lenders trade body UK Finance show a massive fall in buy to let loans for those aged 55...

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

Rents are approaching an affordability ceiling according to Savills - but the agency admits it doesn’t see substantial new supply on...

A buying agent claims that rents could finally be tailing off despite some indices showing rises still taking place. According to Rightmove,...

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...

Stamp duty receipts dipped four per cent to £2.4 billion in Q3 of last year - no less than 25 per...

Foxtons’ unaudited end-of-year trading statement makes no bones about it - the lettings division saved the agency’s bacon in 2023. It suffered...

Thousands of lettings and estate agencies, and other property businesses, are in ‘critical’ or ‘significant’ financial distress, it’s been claimed. The latest...

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

Knight Frank has revised its housing market forecasts for 2024, just two weeks into the new year. It’s done this on the...

A leading lettings agency says 2023 was a record-breaking year for rental growth.   The average rent on a newly let property in...

Winkworth’s first trading statement of 2024 reveals that it saw a five per cent rise in rental revenues in 2023 -...

Propertymark has stepped into the row over a bank chief’s comments on first time buyers. Sir Howard Davies, chairman of NatWest, responded...

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

Lower mortgage rates - still falling in the days since the end of the festive break - may be persuading some...

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

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...

The Jackson-Stops agency is warning that the Renters Reform Bill is driving investors away - and making the market worse, not...

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

Private landlords are abandoning their property portfolios in unprecedented numbers, a group of surveyors claims. The Manchester-based chartered surveyors and auctioneers -...

There were 3.7 new prospective tenants for every rental property listed in prime London postcodes last month says Knight Frank. The figure,...

A survey of more than 1,000 landlords in the Deposit Protection Service shows the scale of change in the private rental...

It looks as if the rental market is set to stay strong for some years to come. That’s because lending for house...

More multi-millionaires and billionaires are choosing to rent super-prime homes in London, rather than purchase, reveals a new wealth report Beauchamp Estates’...

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 -...

Leaders Romans Group claims the pessimistic mood which many say surrounds the private rental sector is exaggerated. It has surveyed its landlord...

A council has launched its own social lettings agency to work with private sector landlords in tackling the record numbers living...

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

The latest edition of the Home housing index shows Conti suing close links between both the lettings and sales markets. The Home...

Landlords in the UK are paying 40 per cent more mortgage interest than in August 2022, forcing more of them to...

UK consumers feel worse off than a year ago, but remain relatively optimistic about the property . That’s the conclusion of a...

Who are you and what does it say on your business card? Louis Musgrove – Group Managing Director   What is Southernbrook Lettings and...

Prime London markets are proving more resilient to rising interest rates than their mainstream equivalents, says Savills. Prices in prime central London...

Local media in one of Britain’s busiest cities for rentals says tenants have been left in tears as a result of...

The buy to let sector appears more heavily reliant on mortgages than some analysts have previously suggested. Specialist lending service Octane Capital has...

A lettings service called Smarter Rent is partnering with agents and developers to provide what it calls ”“an innovative property rental...

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

Some prospective buy to let landlords may be about to use their equity to snap up investment properties at discounted rates,...

It’s getting worse - the supply-demand mismatch in the rental sector is now “drastic” says Propertymark. The number of new prospective tenants...

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

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

The UK’s housing market is increasingly driven by older, affluent home owners with younger generations squeezed out.  That’s the view of data...

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