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uk housing market

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upgrading energy efficiency

Energy Upgrade Crackdown Will Trigger Landlord Exodus

Experts have warned that an imminent crackdown on energy upgrades will trigger an exodus of landlords from the private rented sector. The Government intends to...

Flooded Street

Flood Risk Assessment Product Launches To Mortgage Market

A UK environmental consultancy has launched a new product aimed at enabling insurers, risk managers and mortgage lenders to assess flood risk accurately. GeoSmart Information‘s...

Mortgage approvals

Banks Pull Cheapest Mortgage Deals As Interest Rate Rise Looms

Banks have begun withdrawing their cheapest mortgage deals from the market as interest rates are due to rise and increase the cost of home loans....

Uk houses

Jump In Buyer Demand And House Prices To Continue For Time Being

The housing market has experienced another upbeat month thanks to the chancellor’s extension of the stamp duty holiday and the introduction of the 95pc mortgage...

Buying houses

Nearly 70% Of Home Sellers Found A Buyer Over Past Year

The chance of home sellers finding a buyer in the current market has jumped to an all-time high over the last year, the latest data...

property demand

Demand For Property Remains High Despite Fall In Sales of 63% In July

The latest statistics from HMRC reveal that the first fall in property transactions in 2021 occurred in July, with a drop of 63pc compared to...

Nice house

UK Property Sales Hit 16-Year High As House Prices Take Off

House sales in the UK reached a record high in March as buyers and sellers sought to complete property transactions before the end of the...

house values

UK Homes Worth Estimated £9.2tn On Open Market

The total worth of UK housing has been estimated at four times the value of the country’s economy, according to property website Zoopla. It has...

Energy efficient houses

Most UK New House Buyers Make Energy Efficiency Top Priority

A majority (61pc) of UK house buyers prioritise energy-efficient heating systems and appliances when looking for a new home, according to a recent study covering...

Holiday lettings

Holiday Lettings Boom Sparks Rental Supply Crisis

Investors flocking to take advantage of the UK staycation boom have helped to undermine rental markets in holiday home hotspots, leaving tenants homeless. The stock...

Country house

Has The Country House Price Boom Hit Its Post-Covid Peak?

There are signs that the country house boom has now peaked and buyers are returning to urban life as price growth spikes in city locations....

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...

Record house sales

Record Number Of Homes Sold In One Month In UK

June 2021 became the busiest month since records began, thanks to frenzied activity in the housing market before the changes to the stamp duty rules...

Brownfield site

Govt To Build 160,000 Affordable Homes On Brownfield Sites

In his Autumn Budget on Wednesday, Chancellor Rishi Sunak gave details of the Government’s investment in brownfield sites in the years to come. The Government...

rise of retiree landlords

Welcome To The New Age Of The Senior Citizen Landlord

Lending rules eased by banks have handed a lifeline to retiree landlords previously barred from buy-to-let investing. Minimum income requirements, which specify buy-to-let borrowers must...

Rising house prices

UK House Prices Still Rising But Outlook For Market ‘Far From Certain’

Nationwide Building Society say the average UK property price has increased by more than £30,000 since the start of the Covid-19 crisis. Despite the phasing...

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