Archive

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

A warning has been issued that lettings agencies could lose millions of pounds if landlords quit over new EPC targets. Reapit analysed...

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

A tax expert is advising anyone involved in the furnished holiday lettings sector to ‘act now’ ahead of upcoming tax changes. Ben...

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

Kate Davies, executive director of the Intermediary Mortgage Lenders Association (IMLA), says rent controls are not the magic answer to problems...

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

Zoopla lettings chiefs have told the government it should tighten up its imminent Renters Rights Bill by demanding all lettings agents...

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

Paragon Bank has reduced rates on its core range of buy-to-let mortgages, taking 15bps off 10 products, in addition to launching...

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

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...

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

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...

The percentage of tenants borrowing money to fund their cash deposits on their next property has risen over the last 12...

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

There's good news for the buy to let sector as mortgage product availability is showing signs of stability, according to the...

Two agencies are merging their lettings operations and launching a Joint Venture company to enable continued growth in their respective areas...

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

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

The Open Property Data Association has released a new version of its property data standards framework to help letting agents comply...

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

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...

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

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

Major regional independent agency Dacre, Son & Hartley is expanding its offering by re-entering the residential lettings and property management market...

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

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 were 12,000 first time buyers over the age of 50 in the UK in 2022, the latest figures available. This means...

Controversy surrounds a government idea - floated over the weekend - to allow renters to secure mortgages with just one per...

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...

The long-running aspiration of many to allow rental payments to be counted towards credit ratings appears to have taken a step...

A series of lenders have slashed their buy to let mortgage rates in a bid to win business. These include: - LendInvest Mortgages...

Knight Frank has taken the unusual step of warning that Tory splits over Rwanda and immigration could force an early election...

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

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...

Two property company bosses have been sentenced following an Insolvency Service investigation which found they had abused a £30,000 Bounce Back...

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...

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

HSBC is increasing its maximum mortgage term to 40 years for buy to let, purchase, remortgaging and additional borrowing. Second homes will...

A prominent figure in the London property world says landlords under increasing financial pressure are being more selective about the letting...

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...

A sales agency specialising in disposing of buy to let portfolios says it’s now received an averaged 240 enquires a month...

A mortgage lender has conducted a survey of homeowners which has produced a string of anti-landlord and anti-overseas investor attitudes. Market Financial...

Concern remains that the mayhem surrounding the mortgage market may yet trigger a housing market crash. At the start of the weekend...

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...

The rental market is set to benefit from a surge in potential buyers putting their purchase plans on hold. Data from NerdWallet...

One of the biggest lenders in the rental space - Paragon Bank - recorded a 19 per cent increase in buy...

Moneyfacts, the respected independent mortgage market monitor, is warning that lenders have been withdrawing buy to let fixed deals. Within the buy...

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

Nearly a third of tenants are borrowing money to fund a cash deposit, a survey claims. A poll of 1,000 current renters...

Trade bodies have been trying to shore up investor confidence after the latest house price index, by the Nationwide, showing another...

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

New buy to let purchases are increasingly being funded by cash rather than a mortgage, says Hamptons lettings agency.   So far this...

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

Keyzy, a rent-to-own service aimed at aspiring homeowners, has raised £3m in a seed funding round.  The proceeds will accelerate its purchases...

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

Propertymark is querying why there’s no help for the private rental sector to meet energy efficiency targets expressed in a new...

Long-standing lettings expert Kate Faulkner has been given an OBE in King Charles’ first New Year Honours list. Faulkner is well known...

The Building Societies Association says housing market sentiment remains close to the all-time low. In a sentiment survey some 47 per cent...

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

Data from the mortgage lenders’ trade body UK Finance shows the wisdom of agents having a lettings division. The body says: “We...

This may be 2022’s least surprising research finding - most property professionals want interest rates to fall. A webinar poll undertaken by...

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...

With the private rental sector stressed at the prospect of stricter energy efficiency rules in the coming years, the body representing...

Green mortgage discounts could be a key tool in helping landlords make the energy efficiency upgrades necessary to achieve an EPC...

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

The current higher interest rate environment and the temporary mortgage product withdrawals after the mini Budget will hurt future rental yields,...

The Lettings Industry Council, a group of rental industry chiefs, has joined with other property professionals to reveal what they see...

The Knight Frank lettings and estate agency is warning that it expects house prices to fall in 2023. Tom Bill, its head...

The Bank of England's Monetary Policy Committee has announced that base rate is rising from 1.25 to 1.75 per cent. The rate is now...

A building society which has taken the unprecedented step of stopping lending on second homes has been sharply criticised by a...

The sales director of a property investment firm says high house prices, rising interest rates and the broader cost of living...

Propertymark is questioning whether the Scottish Government is adequately funding the First-tier Tribunal to cope with any extra demand placed on...

The most recent interest rate rise has swung the balance making it cheaper to rent than to buy, according to lettings...

The costs of buy to let fixed rate mortgages have risen sharply with more increases likely if, as expected, the Bank...

The chief executive of an online mortgage broker is warning that yesterday’s base rate rise announced by the Bank of England...

Lettings agency Galbraith reports that landlords are now returning to the residential lets sector from holiday lets after several years without...

There’s a 15 year record high in the number of buy to let mortgage products available for current or new landlords. The...

One of the biggest Build To Rent operators in the UK is investing in new technology with the aim of boosting...

Buy To Let lending is set to fall back this year, after a hectic 2021. That’s the forecast from the Intermediary Mortgage...

A former president of the Association of Residential Letting Agents has lifted the lid on how buy to let came about,...

UK Finance, the umbrella group representing major mortgage lenders, says there will have been a massive 83 per cent surge in...

PropTech suppliers Kamma and CoreLogic UK have teamed up to help improve the process of buy to let lending and compliance. Kamma...

A PropTech firm says Open Banking could help to transform the lettings industry for the better if it is fully embraced.  And...

The once-popular idea of parents buying a property for their offspring to use while at university, and then letting it to other...

A Bill is being introduced into both Houses of Parliament this week which will ramp up the pressure on the private...

A lettings agency director has been disqualified for seven years after he emptied its bank account following its liquidation. Ghanshyam Sarup Batra, from...

A leading buy to let mortgage expert has backed the government’s pledge to issue a White Paper and additional consultation before...

Flatshare website SpareRoom says over a fifth of 18 to 24 years olds have moved back in with their parents to...

One of the most active lenders for international investors in UK buy to let claims to have produced a market-leading mortgage...

For most letting agents the last year has been a challenging one which has focused attention on dealing with the immediate,...