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Brexit uncertainty Hits UK Property Market

UK’s Property Market Endures Brexit Freeze

A slump in the number of homes being put up for sale is being blamed on a Brexit freeze that has also seen the lowest...

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...

BoE Raises Interest Rates But Mortgage Rates Fall

BoE Raises Interest Rates But Mortgage Rates Fall

28 March 2023 – Last week, the Bank of England raised interest rates for the eleventh time in a row to 4.25%, but mortgage rates...

Over 50,000 property sales fell through so far in 2022

Over 50,000 property sales fell through so far in 2022

According to upfront information provider Gazeal, in the first 10 weeks of this year 53,856 property sales fell through, which is an astoundingly high number....

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...

Frustrated First-Time Buyers Flood The Rental Market

Frustrated First-Time Buyers Flood The Rental Market

With rising mortgage rates, many would-be first-time buyers are no longer able to make it onto the property ladder. And these frustrated first-time buyers are...

Government House Buying Process Reform

Sellers To Benefit From House Buying Process Reform

In a surprise announcement at the weekend, housing secretary Sajid Javid has revealed plans to tackle the problems of rogue estate agents and gazumping with...

How Is The UK Property Market Performing So Far?

How Is The UK Property Market Performing So Far?

24 April 2024 – Spring is the busiest time for the UK property market. The first month of the year showed an overwhelming optimism among...

Social Housing Reform

Social Housing Tenants To Be Given New Rights To Buy

The Government has announced new proposals designed to help rebalance the relationship between social housing tenants and landlords. The social housing green paper asked residents...

What Small Parties' Election Manifestos 2024 Say On Housing

What Small Parties’ Election Manifestos 2024 Say On Housing

26 June 2024 – The UK voting system is such that it’s difficult for smaller parties to get into government. However, they are a vital...

It's No Longer Cheaper To Rent Than To Buy

It’s No Longer Cheaper To Rent Than To Buy

According to the latest Rightmove House Price Index, mortgage payments are only slightly higher than rental prices, making it no longer significantly cheaper to rent....

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....

Stamp Duty Cut Stays, But Demand Slows Down

Stamp Duty Cut Stays, But Demand Slows Down

The new Chancellor, Jeremy Hunt, has confirmed that the Stamp Duty Land Tax (SDLT) cut that was announced as part of the mini-budget by his...

OnTheMarket Logo

Property Portal OnTheMarket Reports Strong Growth

Rightmove rival, OnTheMarket has reported strong growth in the number of estate agents listing properties on the platform. The online portal can now boast having...

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...

It Takes On Average 55 Days To Find A Buyer

It Takes On Average 55 Days To Find A Buyer

11 April 2023 – That the property market has slowed down is evidenced in new data, which shows that it now takes longer to find...

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