Expert Property Advice Since 2017

Property Road

Founded in 2017, Property Road is one of the UK’s leading independent property websites for consumers, focused on educating buyers, sellers, investors, and homeowners on all things property related. It’s run by a team of experienced property owners, investors, and a former estate agent.
47% Of House Purchases Supported By "Bank Of Family"

47% Of House Purchases Supported By “Bank Of Family”

29 August 2023 – High property prices and mortgage rates have made buying a house more difficult in the past two years. So it’s no...

Major High Street Lenders Lower Their Mortgage Rates

Major High Street Lenders Lower Their Mortgage Rates

15 August 2023 – Despite the Bank of England raising interest rates to 5.25% at the beginning of the month, in the last few days...

House Prices Have Declined By 3.8% In July

House Prices Have Declined By 3.8% In July

8 August 2023 – New data suggests that house prices have declined sharply in July, falling at the fastest rate for 14 years. Newly released...

Renters Reform Bill Could Cause Many Landlords To Sell

Renters Reform Bill Could Cause Many Landlords To Sell

1 August 2023 – The new Renters Reform Bill is on its way through the lengthy parliamentary process to become law. But a law firm...

Number Of Completions 13% Lower in Q2 Compared To Q1

Number Of Completions 13% Lower in Q2 Compared To Q1

25 July 2023 – Cost-of-living crisis and rising borrowing costs continue to impact on the housing market, with the number of completions falling. New data...

Average Asking Price 2.6% Higher Than In January This Year

Average Asking Price 2.6% Higher Than In January This Year

18 July 2023 – Despite house prices having fallen slightly in July compared to June, the average asking price is still 2.6% higher this month...

52% Of Buyers Think Proximity To Green Spaces A 'Must-Have'

Proximity To Green Spaces A ‘Must-Have’ For 52% Of Buyers

11 July 2023 – New data gives an insight into what buyers are looking for in a new area or house. With public green space...

Number Of Sales 25% Down Compared To May Last Year

Number Of Sales 25% Down Compared To May Last Year

4 July 2023 – The latest figures from HMRC confirm that the market is cooling, with the number of sales falling by 25% compared to...

Lenders Agree Support Measures As Interest Rates Rise To 5%

Lenders Agree Support Measures As Interest Rates Rise To 5%

27 June 2023 – After the Bank of England raised the base rate for the 13th consecutive time, the Chancellor met with lenders to agree...

House Prices Fell In June For The First Time Since 2017

House Prices Fell In June For The First Time Since 2017

20 June 2023 – In a first since 2017, house prices fell in June, albeit only marginally, prompting fears that the summer slowdown has come...

Mortgage Deals For New Customers Are Getting Scarce

Mortgage Deals For New Customers Are Getting Scarce

13 June 2023 – Following the release of new inflation figures and the recent rise of interest rates, more and more lenders withdraw mortgage deals...

19% Of First-Time Buyers Opt For Longer Fixed-Term Mortgages

19% Of First-Time Buyers Opt For Longer Fixed-Term Mortgages

6 June 2023 – To get mortgage payments to an affordable level, buyers take out longer fixed-term mortgages. A record 19% of first-time buyers took...

7.5% Lower Sales In First Quarter Of 2023 Compared To 2019

7.5% Lower Sales In First Quarter Of 2023 Compared To 2019

30 May 2023 – New data shows that the property market is still subdued, with 7.5% lower sales in the first quarter of this year...

Purplebricks Sold To Strike For £1 - What Will Change?

Purplebricks Sold To Strike For £1 – What Will Change?

23 May 2023 – Last week it was announced that the online estate agent Purplebricks sold to Strike for the token sum of £1. When...

New Deposit-Free Mortgage Could Help Renters Buy First Home

New Deposit-Free Mortgage Could Help Renters Buy First Home

16 May 2023 – A new deposit-free mortgage has been released that aims at helping renters to get onto the property ladder who aren’t able...

Number Of Mortgage Approvals Up By 17.8%

Number Of Mortgage Approvals Up By 17.8%

9 May 2023 – Activity levels of the property market continue to improve, with 52,011 mortgage approvals in March this year. Showing that the market...

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