Residential property sales were up by 7% in July compared to the same month year, with 90,630 transactions, official figures show. But...
Archive
Propertymasrk has thrown its weight behind Lloyds Banking Group making £2 billion of lending available to first time buyers borrowing more...
30 August 2024
From: Breaking News
New Freedom of Information (FOI) data from the Financial Conduct Authority shows that Labour’s plan to introduce a ‘Freedom to Buy’...
22 August 2024
From: Breaking News
Consumer organisation Which? claims there are some 1,000 reports of rental fraud scams a month at this time of year. It says...
20 August 2024
From: Breaking News
Average rent arrears claims reached £2,092 in the second quarter of this year - a rise of 15% from £1,816 in...
16 August 2024
From: Breaking News
The rise in consumer inflation from 2.0% to 2.2% is “an unfortunate but accepted part” of achieving a stable housing market. So...
15 August 2024
From: Breaking News
Aldermore has cut rates across its buy to let and residential owner occupier mortgages - the latest in a series of...
14 August 2024
From: Breaking News
Landlords generated average rental yields of 6.3% in the second quarter of the year, research for Paragon’s latest PRS Trends Report...
09 August 2024
From: Breaking News
The number of buy to let property purchases in the UK fell 14% from 224,700 in 2022/23 to 193,700 in the...
08 August 2024
From: Breaking News
The chief executive of Purplebricks says he’s backing Labour’s house building plans because of the state of the private rental sector. Sam...
08 August 2024
From: Breaking News
01 August 2024
From: Breaking News
The average age of landlords acquiring new rental property with a buy to let mortgage has fallen over the past decade,...
18 July 2024
From: Breaking News
Property consultancy JLL says there’s been a noticeable rise in prime Central London lettings activity. Average rents rose 0.9% from Q1 to...
16 July 2024
From: Breaking News
Data sourced from millions of Barclays current accounts reveals spending on rent and mortgages rose just 1.5% year-on-year in June –...
11 July 2024
From: Breaking News
Paragon Bank has reduced rates on its core range of buy-to-let mortgages, taking 15bps off 10 products, in addition to launching...
05 July 2024
From: Breaking News
The incoming Labour government has a social mandate to support the next generation of homeowners in the UK, says financial PropTech...
05 July 2024
From: Breaking News
The result of the election isn’t likely to be a gamechanger for the housing market, a prominent business consultancy says. An analysis...
02 July 2024
From: Breaking News
Although much focus is on the Bank of England and when it will begin to cut interest rates, a sobering warning...
01 July 2024
From: Breaking News
The decision of property developer Berkeley Group to enter the private rental sector is bad news for tenants, it’s claimed. Berkeley plans...
25 June 2024
From: Breaking News
Inflation back on target and following speculation about a summer interest rate cut have prompted Propertymark to insist that the Bank...
20 June 2024
From: Breaking News
Would-be buyers with a 5% deposit face paying £300 per month more in mortgage repayments than if they continued renting, says...
19 June 2024
From: Breaking News
The UK housing market has returned to its pre-pandemic size, according to Savills analysis. Overall, the total value of the UK housing...
17 June 2024
From: Breaking News
Any lingering hope of a pre-election interest rate cut by the Bank of England has been hurt by the government’s Office...
12 June 2024
From: Breaking News
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...
11 June 2024
From: Breaking News
Over the weekend the Conservatives pledged that if elected on July 4 they would permanently scrap stamp duty for first time...
10 June 2024
From: Breaking News
An accountancy firm is warning those using Airbnb and similar short let platforms that new tax rules mean they could lose...
10 June 2024
From: Breaking News
Labour is launching a new Freedom to Buy scheme to get 80,000 young people on the housing ladder, over the next...
07 June 2024
From: Breaking News
Your Move – part of LSL, which last year underwent a radical restructuring - is trying to woo existing agents and...
31 May 2024
From: Breaking News
Rightmove has produced five core demands on behalf of the rental sector, which it would like the next government to meet. These...
31 May 2024
From: Breaking News
Four fifths of developers believe that the next government needs to do more to support first time buyers, according to the...
30 May 2024
From: Breaking News
Propertymark has stepped into the row over whether there should be more controls over second homes, holiday lets and people from...
28 May 2024
From: Breaking News
Inflation figures are down - but not as much as many analysts expected. The basic Consumer Price Index figure fell from 3.2%...
23 May 2024
From: Breaking News
Despite once claiming it would abolish Section 21 evictions “on its first day in office”, Labour appears to have gone cool...
17 May 2024
From: Breaking News
An Office of National Statistics survey shows that the top three issues facing the UK are still the cost-of-living crisis (89%),...
16 May 2024
From: Breaking News
A prominent lettings expert and former president of ARLA Propertymark has berated agents who advertise ‘free valuations.’ Sally Lawson, now well known...
14 May 2024
From: Breaking News
Number one portal Rightmove has upgraded growth expectations in its latest statement to shareholders - and is again growing its average...
13 May 2024
From: Breaking News
A lettings agent who is also on the executive of Propertymark claims one of Britain’s tourist hotspots has been over-run with...
07 May 2024
From: Breaking News
The average gross rental yield reported by landlords has reached the highest level since the second quarter of 2018, according to...
03 May 2024
From: Breaking News
Startling regional differences are acting as barriers to those looking to step onto the property ladder for the first time, according...
01 May 2024
From: Breaking News
Top tips will be provided for landlords in the private rental market in a seminar next month organised by high profile...
22 April 2024
From: Breaking News
It feels as though the UK housing market is waiting for something to happen. The prevailing mood is one of anticipation with...
15 April 2024
From: Breaking News
There’s been at most a one per cent reduction in landlords in the buy to let sector, a think tank claims...
08 April 2024
From: Breaking News
Almost one in three buy to let landlords are set to sell up in the next 12 months. That’s the shock statistic...
08 April 2024
From: Breaking News
Promising figures from the latest house price index doesn’t mean underlying problems in the market have been solved, warns Propertymark. UK house...
04 April 2024
From: Breaking News
For first time buyers, renting is cheaper than buying in most of the UK according to new data from the Halifax. London, the...
27 March 2024
From: Breaking News
A think tank is urging the UK government to consider tax perks for private renters to help them save faster for...
20 March 2024
From: Breaking News
Latest inflation figures are announced on Wednesday and the Bank of England makes its next base rate decision on Thursday. The Office...
15 March 2024
From: Breaking News
The letting agents’ trade body Propertymark has made the unexpected move of calling on banks to cut mortgage rates. Rates are typically...
01 March 2024
From: Breaking News
Data released from Reposit, a deposit alternative service, reveals what it calls “a concerning surge in rent arrears” during the final...
29 February 2024
From: Breaking News
A building society has launched a pilot project banning mortgage lending on holiday lets in two tourist areas for 12 months. Leeds...
26 February 2024
From: Breaking News
Knight Frank has taken the unusual step of suggesting a government proposal for the housing market is high-risk and could even...
23 February 2024
From: Breaking News
Aldermore has named Bristol, as the best city for landlords to invest in for 2024. Manchester, Coventry, Brighton and London make up...
23 February 2024
From: Breaking News
Renters are less financially resilient than recent remortgagers according to an analysis by business consultants Hargreaves Lansdown. It says over two thirds...
21 February 2024
From: Breaking News
New figures from lenders trade body UK Finance show a massive fall in buy to let loans for those aged 55...
20 February 2024
From: Breaking News
Tom Davies has started with Leaders Romans Group as the company’s first group financial services managing director. This new position coincides with...
20 February 2024
From: Breaking News
Propertymark wants the Bank of England to cut interest rates following data showing soaring mortgage arrears and repossessions. Lenders trade body UK...
09 February 2024
From: Breaking News
Expanding agency group My Property Box has completed its 10th acquisition in six years, buying Teesside lettings and property investment specialist...
08 February 2024
From: Breaking News
A trades union has slammed the Bank of England over its decision to keep base rate at 5.25 per cent, saying...
02 February 2024
From: Breaking News
A prominent lettings agency is advising landlords to fit out homes in prime locations to the same high specification as if...
01 February 2024
From: Breaking News
Stamp duty receipts dipped four per cent to £2.4 billion in Q3 of last year - no less than 25 per...
01 February 2024
From: Breaking News
Just under half of mortgage brokers expect to place more limited company buy-to-let business throughout the next 12 months, Paragon Bank...
24 January 2024
From: Breaking News
Controversy surrounds a government idea - floated over the weekend - to allow renters to secure mortgages with just one per...
22 January 2024
From: Breaking News
One of the lettings sector’s longest-standing suppliers - Mortgages for Business - is rebranding. It’s to be known as Mortgage Finance Brokers,...
18 January 2024
From: Breaking News
A series of lenders have slashed their buy to let mortgage rates in a bid to win business. These include: - LendInvest Mortgages...
08 January 2024
From: Breaking News
Knight Frank has taken the unusual step of warning that Tory splits over Rwanda and immigration could force an early election...
08 January 2024
From: Breaking News
Lower mortgage rates - still falling in the days since the end of the festive break - may be persuading some...
04 January 2024
From: Breaking News
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...
29 December 2023
From: Breaking News
The date has been set for the Spring Budget - the last before the General Election. It’s to be on Wednesday March...
28 December 2023
From: Breaking News
The Jackson-Stops agency is warning that the Renters Reform Bill is driving investors away - and making the market worse, not...
28 December 2023
From: Breaking News
All eyes are on HM Treasury this week ahead of the next inflation figures, to be released on Wednesday morning. Analysts suggest...
18 December 2023
From: Breaking News
It looks as if the rental market is set to stay strong for some years to come. That’s because lending for house...
13 December 2023
From: Breaking News
A consultation to introduce boilers into homes and the private rented sector needs ‘more carrot than stick’ according to a prominent...
07 December 2023
From: Breaking News
There’s growing optimism that tomorrow’s Bank of England monetary policy committee meeting will see base rate held for another month -...
01 November 2023
From: Breaking News
There are growing fears of yet another Bank of England base rate rise next month following the surprise inflation figure released...
19 October 2023
From: Breaking News
Propertymark has urged the government to tackle rising landlord costs immediately.The warning comes as new research suggests that landlords are spending...
18 October 2023
From: Breaking News
Landlords in the UK are paying 40 per cent more mortgage interest than in August 2022, forcing more of them to...
16 October 2023
From: Breaking News
A lettings industry mentor has issued a plea to agents to do more to protect their landlords’ livelihoods. Sally Lawson, founder of...
16 October 2023
From: Breaking News
Government data shows that as of 2022 some 15.29 per cent of homes in England are privately rented, with 14.9 per...
13 October 2023
From: Breaking News
Five councils are delivering what they call “a ground-breaking project” aimed at improving the experience and environment for landlords and tenants...
11 October 2023
From: Breaking News
The buy to let sector appears more heavily reliant on mortgages than some analysts have previously suggested. Specialist lending service Octane Capital has...
02 October 2023
From: Breaking News
Young couples are delaying marriage and starting families until they get out of the rental sector, research by Yorkshire Building Society...
29 September 2023
From: Breaking News
An estimated seven million UK households are struggling to keep up with their rent or mortgage payments, Which? warns, with millions...
28 September 2023
From: Breaking News
Some prospective buy to let landlords may be about to use their equity to snap up investment properties at discounted rates,...
27 September 2023
From: Breaking News
Mortgage experts are expecting significant falls in the cost of borrowing this week as lenders drop their rates. Following last week’s decision...
25 September 2023
From: Breaking News
An outspoken property industry figure has urged the Bank of England not to hike interest rates. The National Association of Property Buyers...
20 September 2023
From: Breaking News
A mortgage expert says it’s likely that the housing market will improve this autumn. Octane Capital studied Property lending mortgage approval trends...
08 September 2023
From: Breaking News
The apparent rise and rise of Belvoir Group is down to its resilient business model and the entrepreneurs who run its...
05 September 2023
From: Breaking News
HSBC is increasing its maximum mortgage term to 40 years for buy to let, purchase, remortgaging and additional borrowing. Second homes will...
30 August 2023
From: Breaking News
Belvoir has snapped up a regional mortgage provider for £1m. It’s acquired MAB (South West) Ltd and follows the earlier acquisition of...
30 August 2023
From: Breaking News
Spicerhaart’s veteran chief executive Paul Smith is stepping back to concentrate on company growth - including the acquisition of more lettings...
24 August 2023
From: Breaking News
Zoopla’s research team says the rise in mortgage interest rates means it’s now cheaper to rent than to buy for the...
22 August 2023
From: Breaking News
A personal finance expert has revealed that a new group which he calls Guppies are reconciled to possibly renting forever. Alan Davison,...
16 August 2023
From: Breaking News
Tenants seeking a way to buy a home have been given at least slightly reassuring news by Rightmove. The portal says the...
10 August 2023
From: Breaking News
The head of one of the country’s highest profile franchise agency empires says the self-employed ethos of some advisers and entrepreneurial...
04 August 2023
From: Breaking News
A new analysis by Rightmove suggests it could take literally decades for the private rental sector to conform with stricter energy...
28 July 2023
From: Breaking News
The US central bank has raised interest rates to the highest level in 22 years - even though inflation in that...
28 July 2023
From: Breaking News
A stark warning has been made to lettings and estate agents that interest rates as high as seven per cent may...
25 July 2023
From: Breaking News
Airbnb has issued a statement responding to the call for a clampdown on short lets demanded by Labour’s outspoken London Mayor,...
24 July 2023
From: Breaking News
The looming threat of the abolition of Section 21 is already impacting the rental market, a legal firm is warning. Dutton Gregory’s...