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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...

Rental Market Hotting Up While Property Market Cooling Down

Rental Market Hotting Up While Property Market Cooling Down

12 September 2023 – The last few months have seen property prices fall steadily, indicating that the property sales market is continuing to cool down....

Building In Progress

Jenrick Reforms Planning To Boost House Building

Housing Secretary Robert Jenrick announced a package of new planning reforms yesterday aimed at speeding up the delivery of new homes. Jenrick announced the plans...

Despite High Borrowing Costs UK Property Market Resilient

Despite High Borrowing Costs UK Property Market Resilient

9 May 2024 – The latest Halifax House Price Index reveals a 1.1% increase from last year, following a +0.4% annual rise back in March....

Big Ben

RLA Comments On Parties’ Housing Manifestos

The three main political parties have all now published their manifestos as they seek to form the next government. What are their policies for the...

UK house

Shorter Void Periods But Rents Dip In BTL Sector

There was a modest decrease in void rates in February, although rents experienced a dip in all but three regions in the UK, according to...

New home being built

Homes England Agrees £38m Funding Deals For 2,000 Homes

Homes England, the government housing agency, has agreed funding deals with six local authorities worth £38.2m in order to accelerate the construction of more than...

House being unlocked

Boris Considers New Part-Buy, Part-Rent Home Ownership Scheme

New Prime Minister Boris Johnson is looking at investing public funds in a new part-buy, part-rent scheme. Leading estate agents, the Romans Leaders Group, have...

State Of The Property Nation 2018

46% Of Consumers ‘Likely’ To Use An Online Estate Agent Next Time They Sell

The popularity of online estate agents when it comes to selling homes is on the increase, according to a new survey....
New Regulations For Smoke And CO Alarms Expected Soon

New Regulations For Smoke And CO Alarms Expected Soon

Propertymark warns landlords and agencies that new regulations in relation to the fitting of smoke and carbon monoxide alarms in rented properties could come in...

60% Sellers Prefer Payment On Completion

60% Of Property Sellers Prefer To Pay Estate Agents ‘On Completion’

Are upfront fees dead? Despite many estate agents promoting a ‘pay less upfront’ pricing model, 60% of people considering using an online agent would prefer...

House prices in UK

UK House Prices Hit Four-Year High

In September, house prices climbed at the fastest annual rate since the result of the Brexit vote in 2016, according to Nationwide, the UK’s largest...

Softcat Manchester Office Opening

Softcat opens new Manchester office at Manchester Goods Yard

Softcat has officially opened its new Manchester office in the Goods Yard Building at St John’s, the city’s fast growing creative district....
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...

0.1% Price Decrease Signals Housing Market Slowdown

0.1% Price Decrease Signals Housing Market Slowdown

According to the latest House Price Index by Halifax, house prices have fallen by 0.1% in September, signalling a continued housing market slowdown. Halifax has...

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...

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