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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...

Fixed Mortgage Rates Starting To Fall

Fixed Mortgage Rates Starting To Fall

10 January 2023 – As we head into a new year, fixed mortgage rates continue to fall, despite the base rate going up. After the...

Uk houses

Government Kick Starts English Housing Market

The Government has laid out plans to restart England’s housing market which has been frozen effectively since the start of the coronavirus lockdown. Housing Secretary...

5% Fall In House Prices Predicted In Next Two Years

5% Fall In House Prices Predicted In Next Two Years

According to analysts at Capital Economics, in the next two years the continued increase in house prices in the past two years could be reversed...

New house buyers

House Sales Slow Due To Bottlenecks In Market

Rightmove reports that bottlenecks at every stage in the process of moving are causing house sales to take far longer than usual. In the latest...

House for rent

Average UK Rent Smashes £1,000 PCM Ceiling For First Time

According to the latest figures released by Homelet, the average rent in the UK has reached a record high of £1,007, up 5.9pc on the...

Row of houses

Clarity From Agents Could Boost Tenant Satisfaction

If renters are given clearer information on what to expect from landlords and letting agents, they could enjoy greater consumer satisfaction as a result, according...

UK high street

RTPI Warns New Planning Law Risks Damaging Communities

New planning regulations enabling unused commercial buildings to be converted into homes risk damaging the ‘fabric’ of local communities and threatening the prosperity of high...

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...

Marked Decline In House Prices by 1.3% In August

Marked Decline In House Prices by 1.3% In August

According to Rightmove’s newest House Price Index, there was a sharp decline in house prices, the first recorded by the property portal this year. The...

Monthly Asking Price Increase By Only £14 In February

Monthly Asking Price Increases By Only £14 In February

21 February 2023 – New data shows that house prices have remained stable, with the smallest monthly asking price increase from January to February ever...

Gap Between Renting And Buying

Gap Between Renting And Buying Falls To Decade Low

Research by Halifax has shown that the gap between renting and buying has fallen to its lowest level in almost a decade, with homeowners typically...

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...

Property Road Bank of England

Bank of England unlikely to cut interest rates before the end of the year

Economists say The Bank of England is unlikely to cut interest rates for the rest of the year, shattering hopes for many of cheaper mortgage...
Help to buy scheme

Possible Extension Of Help To Buy For First-Time Buyers

The Government is said to be considering extending the Help to Buy scheme to enable more first-time buyers to benefit from an equity loan and...

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