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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...

New Rules For HMOs

New Rules On HMO Licensing Now In Effect

As of October 1st 2018, new rules are in force regarding licensing for HMO properties. HMOs, or houses in multiple occupation, will now be subject...

LTV mortgages

Increase In High LTV Mortgages Offers Hope For FTBs

A raft of new 10pc deposit mortgage deals together with increased incentives offers hope for would-be first-time buyers. Figures published last week showed the number...

Facebook Zoop & OnTheMarket Join Forces

Facebook Joins Forces With Zoopla & OnTheMarket

Social media giant Facebook has joined forces with online property portals Zoopla & OnTheMarket. The deal means that hundreds of thousands of properties will now...

eMoov Tepilo Merger

Online Estate Agents Emoov and Tepilo Complete Merger

Online estate agents Emoov and Tepilo have joined forces to complete a £100m merger and become the second largest online agent in the UK. As...

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...

Mortgage rejection

Mortgage Application Rejections Threaten Property Market

The rejection of mortgage applications and delays caused by the coronavirus threaten the property market, according to research among home buyers conducted by Butterfields Mortgages....

Labour Unveils Indefinite Tenancies Plan

Labour Unveils ‘Indefinite Tenancies’ Plan

Labour has unveiled plans that would see indefinite tenancies being introduced should they be returned to government. John Healey, the shadow housing secretary, says the...

Keys to property market

Consumers Drive Recovery In UK Housing Market

Traffic to Rightmove’s property portal returned to normal levels the same day as the lockdown restrictions on the UK’s housing market were lifted, latest figures...

Homeownership Only Possible In 40s For 20% Of Brits

Homeownership Only Possible In 40s For 20% Of Brits

17 April 2024 – A recent Nationwide poll revealed that young Brits are pessimistic about homeownership. One out of five surveyed expressed that they expect...

Livestreaming

Livestream Open House Viewing Drives Sales

According to the Gavl app, more than one in ten consumers who attend a livestream open house viewing plan to sell a property within the...

Online Estate Agents Market Share

Online Estate Agents Grab More Market Share

A new report claims that online estate agents now have a share of 8% of the overall market. This is up from 7% in the...

46% Of Mortgage Products Were Withdrawn After Mini-Budget

46% Of Mortgage Products Were Withdrawn After Mini-Budget

Amid the economic chaos caused by the announcement of the mini-budget by Chancellor Kwasi Kwarteng, almost half of all mortgage products were withdrawn by lenders....

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....

Single First-Time Buyers Struggle To Get Onto Housing Ladder

Single First-Time Buyers Struggle To Get Onto Housing Ladder

7 November 2023 – New analysis has shown that single first-time buyers have been priced out of most areas, despite support by the government’s mortgage...

UK houses in demand

UK Housing Demand Surges On Easing Of Lockdown

Large rural houses are most in demand with plenty of space a top priority, according to the latest report from property portal Zoopla. Demand for...

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