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Property Prices Dropped By 5.3% In August Compared To 2022

Property Prices Dropped By 5.3% In August Compared To 2022

5 September 2023 – We are seeing increased borrowing costs taking their toll on the housing market as property prices dropped by 5.3% in August....

Property Survey

Survey Reveals Why People Are Turning To Online Estate Agents

A recent survey has revealed the most important factors to vendors when choosing a company to sell their home. Conducted by a digital research company...

It Takes 150 Days To Complete A Purchase

It Takes 150 Days To Complete A Purchase

According to the newest House Price Index by Rightmove, it takes on average 150 days to complete a purchase due to a conveyancing log-jam. With...

First Time Buyers High

First-Time Buyers Become Largest Group Of Home Buyers

The latest research conducted by Zoopla has found that first-time buyers (FTBs) have become the largest group of home buyers in 2019. Zoopla analysed the...

Landlord Rental Income Rises

Buy-To-Let Landlords See Rental Income Rise 15% Year-On-Year

Data from HMRC analysed by London lettings agency ludlowthompson has shown that rental income for buy to let landlords jumped 15% in just one year....

Landlords Waiting Five Months To Reclaim Properties

Landlords Now Waiting An Average Of Five Months To Reclaim Properties

Every landlord knows the difficulties of repossessing a property from a bad tenant, but the situation is worse than originally thought. It’s now taking more...

millennials renting to retirement

Report Claims A Third Of Millennials ‘Face Renting Into Retirement’

Up to a third of people born between 1980 and 1996 face living in rented accommodation their entire lives. That’s according to a new report...

Right To Buy Scheme Profits

Right To Buy Delivered £6.4bn Profit Since 2000

Tenants who bought their council homes using the controversial Right to Buy scheme racked up £6.4 billion in resale profits, an investigation has found. The...

Does An Extension Add Value To Your House?

Relaxation In Planning Rules For Extensions In England

Those homeowners looking to extend their properties will be able to do so quickly and easily without the need for a full planning application, with...

10.3% More Sales Agreed Than In 2019

10% More Sales Agreed Than In 2019

New data by UK data agency TwentyCi shows that the housing market is as active as the last two years with 358,149 sales agreed in...

Arctic waters

Climate Change Experts Warn Against Buying Coastal Property

Climate change experts are advising against purchasing coastal property as research shows there will be an unparalleled ice melt within the next 30 years. According...

Mortgage Approvals Rise

Sharp Upturn In Mortgage Approvals During April

April showed a sharp upturn in mortgage approvals according to residential chartered surveyors e.surv’s Mortgage Monitor as borrowers take advantage of low mortgage rates across...

Purplebricks Review

Purplebricks Co-Founder, Michael Bruce, ‘Ousted’ From Position

In a shock move, co-founder of Purplebricks, Michael Bruce, has been ‘ousted’ from his position as Chief Executive of the online estate agent. Michael Bruce...

mortgage interest rate rule

Bank Of England Plans To Scrap Interest Rate Rule For Mortgages

The Bank intends to abolish the rule that borrowers must be able to afford a rate rise of three percentage points. The Bank of England...

Renters Compromise On Local Amenities

Renters ‘Least Likely To Compromise On Local Amenities’

A survey of renters by property website Zoopla has revealed some surprising information about the factors that renters are unwilling to compromise on when it...

Housebuilders

Crackdown On Housebuilders In Leasehold Overcharging Scandal

Housebuilder Persimmon and insurer Aviva are to refund leaseholders after a UK ground rent inquiry by the watchdog uncovered evidence of overcharging. Thousands of leaseholders...

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