A new lettings market index has been launched by the Skipton Group, parent company of Connells, the country’s largest lettings and...
Archive
![Warning from Bank of England - mortgage payments up for millions](/upload/images/23%2008%2024%202%20shutterstock_1718282725.jpg)
Some 3m UK households are to be hit with further increases in mortgage repayments over the next two years, the Bank...
01 July 2024
From: Breaking News
![Bank of England slammed for interest rate attack on homeowners](/upload/images/24%2006%2019%20%2001.jpg)
The Bank of England has been sharply criticised for an “attack on homeowners” due to its refusal to cut rates. The Monetary...
19 June 2024
From: Breaking News
![Boost for First Time Buyer lending as last-gasp law change approved](/upload/images/24%2005%2030%20%2002.jpg)
The Building Societies Act 1986 (Amendment Bill) successfully passed its legislative stages as part of the last minute ‘wash up’ of...
30 May 2024
From: Breaking News
![Buyers stung by high hidden costs when moving home](/upload/images/24%2005%2028%20%2005.jpg)
New research from Compare the Market has revealed that nearly seven in 10 households have been caught out by surprise costs...
28 May 2024
From: Breaking News
![Mortgage Lending set to double next year - new figures](/upload/images/24%2005%2013%20%2001.jpg)
UK mortgage lending is forecast to grow just 1.5% (net) in 2024, according to the latest EY ITEM Club Outlook for...
13 May 2024
From: Breaking News
![Bank of England Base Rate Cut - when will it happen?](/upload/images/240402%20%2002.jpg)
The Bank of England has signalled that more than one interest rate cut is likely this year - but the question...
02 April 2024
From: Breaking News
![Downsizers can unlock housing market and upsize their retirement plans](/upload/images/24%2002%2028%20%2003.jpg)
Downsizers across England and Wales could unlock an average £305,090 by moving from a four bed to a two bed home,...
28 February 2024
From: Breaking News
![Worrying rise in mortgage arrears and repossessions - new data](/upload/images/240212%2004.jpg)
UK Finance says there were 93,680 homeowner mortgages in arrears of 2.5 per cent or more of the outstanding balance in...
12 February 2024
From: Breaking News
![Lender’s internal data reveals shocking fast-growing arrears](/upload/images/24%2002%2007%2001.jpg)
Global intelligence company Pepper Advantage, which has a portfolio of over 100,000 UK residential mortgages, says there’s been a dramatic increase...
07 February 2024
From: Breaking News
![Mortgage defaults jump - and there may be worse to come](/upload/images/24%2001%2022%2001.jpg)
Banks are reporting that default rates increased in the final quarter of 2023, albeit more slowly than the quarter before -...
22 January 2024
From: Breaking News
![Bank of England chief warns of ‘future shocks’ derailing recovery](/upload/images/24%2001%2015%2002.jpg)
Bank of England governor Andrew Bailey is warning that ‘future shocks’ may yet derail economic recovery. In a session with MPs at...
15 January 2024
From: Breaking News
![Building Societies warn on mortgages: “We’re not out of the woods yet”](/upload/images/23%2012%2027%203.jpg)
A warning has been given to borrowers and the home owning public by Paul Broadhead, head of mortgage and housing policy...
27 December 2023
From: Breaking News
![Mortgage Rates lead to fewer moves from London in 2023](/upload/images/23%2012%2027%205.jpg)
The number of Londoners leaving the capital to move elsewhere in Britain dropped back sharply in 2023, following two years of...
27 December 2023
From: Breaking News
![Grinch! No Christmas cheer in Q3 UK Finance sentiment survey](/upload/images/23%2012%2011%205.jpg)
There’s been a sharp decline in household financial confidence in the UK according to the latest UK Finance sentiment survey. The Q3...
11 December 2023
From: Breaking News
![Dire borrowing and credit data from Bank of England](/upload/images/__thumbs/23%2011%2008%203.jpg/23%2011%2008%203__400x193.jpg)
There’s been an alarming set of figures in the Bank of England’s latest Money and Credit report, which relates to September. Net...
08 November 2023
From: Breaking News
![Mortgage Defaults Rising - and there’s likely to be worse to come](/upload/images/__thumbs/23%2010%2016%2002.jpg/23%2010%2016%2002__399x266.jpg)
Analysts suggest that mortgage lending is likely to fall over the rest of 2023 with both demand and supply dropping thanks...
16 October 2023
From: Breaking News
![Millions of Borrowers Struggle with Mortgage Payments](/upload/images/Shutterstock-only%20images/Property%20Market/MortgageCalculated1_400x310.png)
An estimated seven million UK households are struggling to keep up with their rent or mortgage payments, Which? warns, with millions...
04 October 2023
From: Breaking News
![What Next After A Year Of Mortgage Mayhem?](/upload/images/Shutterstock-only%20images/Property%20Market/Forecast-400x310.png)
It’s now one year since former Prime Minister Liz Truss and Chancellor Kwasi Kwarteng’s ill-fated mini-budget, which acted as a catalyst...
04 October 2023
From: Breaking News
![Brokers Issue Warning Over ‘Cut Price’ Housing Market](/upload/images/23%2008%2030%202%20Brokers%20Issue%20Warning%20Over%20%E2%80%98Cut%20Price%E2%80%99%20Housing%20Market.png)
Brokers are wanting that the recent Rightmove asking price index does not mean that sellers are necessarily in a position to...
30 August 2023
From: Breaking News
![Mortgage Eligibility Overhaul - should criteria include EPC ratings?](/upload/images/2%20L%26G%20Mortgage%20club%20announces%20MortgageApplyNow_400x310.png)
Research published by the Home Builders Federation shows that the new homes owners will save an average of £135 on monthly...
11 July 2023
From: Breaking News
![UK Finance reminds lending sector of obligations](/upload/images/4%20BalancingPercentages-400x310.png)
Trade body UK Finance has issued a timely reminder to the mortgage lending sector of its obligations to borrowers struggling following...
27 June 2023
From: Breaking News
![Going Green - top lender’s bid to improve EPC ratings](/upload/images/__thumbs/Going%20Green%20-%20top%20lender%E2%80%99s%20bid%20to%20improve%20EPC%20ratings.jpg/Going%20Green%20-%20top%20lender%E2%80%99s%20bid%20to%20improve%20EPC%20ratings__400x267.jpg)
Nationwide Building Society has launched a new Home Energy Efficiency Tool to coincide with the debut of new green loan products. The...
06 June 2023
From: Breaking News
![Property expert gives his verdict on new mortgage products](/upload/images/__thumbs/Property%20expert%20gives%20his%20verdict%20on%203%20mortgage%20products.jpg/Property%20expert%20gives%20his%20verdict%20on%203%20mortgage%20products__400x267.jpg)
After the latest rise in Bank of England Base Rate, mortgage lenders are offering new products to help those struggling to...
23 May 2023
From: Breaking News
![Rising house prices beat inflation in 22 UK cities](/upload/images/Shutterstock-only%20images/Property%20Market/HousePriceRising_400x310.png)
Research from eXp UK, the network of personal estate agents, has revealed that in 22 UK cities, house prices are continuing to...
28 March 2023
From: Breaking News
![Finance expert offers spoonful of sugar to mortgage holders](/upload/images/Finance%20expert%20offers%20intro%20team%20Adrian%20Anderson%20-%20Anderson%20Harris.jpg)
Mortgage holders swallowed another bitter pill last week when the Bank of England raised interest rates for the tenth consecutive time. The...
07 February 2023
From: Breaking News
![Oh dear! Mortgage payments see second largest increase](/upload/images/Shutterstock-only%20images/Property%20Market/MortgageCalculated1_400x310.png)
Not the best news for the property sector, as the latest research by Revolution Brokers, shows that the monthly cost of...
06 October 2022
From: Breaking News
![Insight - what if property values kept pace with the energy cap increase?](/upload/images/Housing%20Market%20%26%20Property%20Images/house-prices400x310.png)
An interesting notion to contemplate has recently been dissected by the estate agent comparison site, GetAgent.co.uk, which looked at what the...
15 September 2022
From: Breaking News
![Truss urged to cut fuel duty and cap energy bills](/upload/images/Housing%20Market%20%26%20Property%20Images/Budget-Purse-400x310.jpg)
With votes in and Liz Truss elected as the new Prime Minister, many may have the question “what now”? When it comes...
13 September 2022
From: Breaking News
![Soaring energy bills threaten to eat up 11% of salary](/upload/images/library/UtilitiesBills-WideInArticle.jpg)
New research by RIFT Tax Refunds reveals that by March 2023 household bills will cost 11% of the average person’s salary. The cost-of-living crisis...
01 September 2022
From: Breaking News
![Pay increase please! £3,500 more needed to keep pace with inflation](/upload/images/library/Millennial-PayingCard-400x310.jpg)
A study done by RIFT Tax Refunds has disclosed just how much the average person would need to see their pay...
30 August 2022
From: Breaking News
![Residential development accounts for 1% of total land area](/upload/images/Developments%20%26%20Projects/houses%202.jpg)
A recent study by Unlatch, the new homes sales progression and aftercare platform for developers and households, has disclosed which local...
18 August 2022
From: Breaking News
![Everything you need to know about the cost-of-living crisis and your property](/upload/images/Housing%20Market%20%26%20Property%20Images/HousingCrisis-400x310.jpg)
Every day on the news we hear more and more about the ever-mounting cost-of-living in the UK, and households are now...
16 August 2022
From: Breaking News
![Households hit – mortgage costs account for 28% of disposable income](/upload/images/Housing%20Market%20%26%20Property%20Images/PayingBills-400x310.jpg)
The proportion of disposable household income required to cover average mortgage repayments is 27.6% so far in 2022 – the highest...
21 July 2022
From: Breaking News
![Later Life pension pot boosted by 181% via equity release](/upload/images/Housing%20Market%20%26%20Property%20Images/RetirementLiving-1-400x310.jpg)
Everyone will eventually age, which means we’re all going to be faced with Later Life mortgages, but how exactly are they...
19 July 2022
From: Breaking News
![Figures like never before - Property market value climbs by £2.7trn](/upload/images/Housing%20Market%20%26%20Property%20Images/AdobeStock_236686919.jpeg)
In the last decade, the property market across England and Wales has witnessed £2.7 trillion added in value, a 67% increase...
05 July 2022
From: Breaking News
![Cost of living leaves 86% of rental households feeling financially strained](/upload/images/Housing%20Market%20%26%20Property%20Images/PayingBills-400x310.jpg)
The pressure of the constant surge in the cost of living for UK rental households are prevalent, and the effects are...
10 June 2022
From: Breaking News
![Mortgage roundup – and the market continues to thrive…](/upload/images/Site%20logos/MortgageRoundup-400x310.png)
Introducer Today returns with a bumper mortgage roundup, this time featuring the latest industry views on mortgage approvals, new and extended...
05 May 2022
From: Breaking News
![How to cut costs on your energy bills with savvy home improvements](/upload/images/Energy%20and%20Green%20Homes/Energyefficiency400x310.jpg)
A recent study conducted by Mortgage Advice Bureau has found that one in four households plan to make improvements to reduce...
05 May 2022
From: Breaking News
![Outstanding mortgage values hit 10-year high, study shows](/upload/images/Housing%20Market%20%26%20Property%20Images/Calculator-PoundCoins-2019-400x310.jpg)
When it comes to the money owed as a result of mortgage borrowing in the last 10 years, UK homebuyers have...
29 March 2022
From: Breaking News
![The Irish property market hotspots for St. Patrick’s Day Homebuyers](/upload/images/Locations/ireland%20400%20x%20310.png)
Today marks St. Patrick’s Day and in light of this Irish holiday, estate agent comparison site, GetAgent.co.uk, has found out which areas...
17 March 2022
From: Breaking News
![Addressing the UK’s homelessness crisis as the eviction ban ends](/upload/images/Housing%20Market%20%26%20Property%20Images/Homeless-1-400x310.jpg)
The housing industry, like many other sectors, experienced a tumultuous 2021 as the pandemic continued to trigger exponential house price rises....
03 March 2022
From: Breaking News
![Housing equity hotspots - Britain’s most valuable property market revealed](/upload/images/Housing%20Market%20%26%20Property%20Images/UK-Cash-NEW-400x310.jpg)
A study from specialist property lending firm, Octane Capital, estimates that homeowners across England have accumulated over £2.547 trillion worth of equity within...
17 February 2022
From: Breaking News
![Nationwide house price index shows strong market – industry reacts](/upload/images/Housing%20Market%20%26%20Property%20Images/uk-housing400x310.png)
The latest Nationwide house price index, released yesterday morning, reveals that January has seen the strongest start to the year since...
03 February 2022
From: Breaking News
![Deposit Unlock mortgages launches nationally](/upload/images/library/UK-Housing-1-400x310.jpg)
Deposit Unlock, a mortgage scheme that allows new build buyers to purchase with a 5% deposit, has launched nationally with 17...
02 December 2021
From: Breaking News
![Buying property with a partner: Expert tips on protecting your finances](/upload/images/library/Tenant400x310.png)
James Andrews, senior personal finance editor at money.co.uk, offers up top tips on how those planning to purchase a home with...
20 August 2021
From: Breaking News
![Homeowners forced to use savings for maintenance costs](/img/default/it.png)
According to new research from the homebuying platform, YesHomebuyers, the majority of UK homeowners spend between £500 to £1,500 a year on...
06 July 2021
From: Breaking News
![Advisers believe more clients will look to equity release to meet basic needs](/img/default/it.png)
Research from equity release lender, more2life, shows that 78% of advisers think more of their customers will look to equity release to...
01 July 2021
From: Breaking News
![Majority of UK households call for cheaper mortgages for greener homes](/img/default/it.png)
New research from energy company Vattenfall reveals 61% of Brits believe mortgages should be cheaper if they are loaned on homes...
29 June 2021
From: Breaking News
![Smart home tips to make your home energy efficient in 2021](/img/default/it.png)
Climate change is one of the greatest threats humanity is facing today. The burning of fossil fuels such as coal and...
15 June 2021
From: PropTech
![Debt begone! Lockdown savings fuel record mortgage repayments](/img/default/it.png)
Savings made during lockdown have allowed some borrowers to reduce their debt commitments, with a record £17.6 billion of mortgages repaid...
18 March 2021
From: Breaking News
![Money Advice Scotland to pilot open banking tool](/img/default/it.png)
Money Advice Scotland is piloting open banking technology from Experian which could help it to significantly speed up the early stages...
16 January 2020
From: Breaking News
![Boost in complex buy-to-let business to continue in 2020, says Paragon](/img/default/it.png)
The increase in portfolio and complex buy-to-let business seen over the past two years is set to continue in 2020, according...
09 January 2020
From: Breaking News
![Could Britain’s empty homes accommodate the homeless?](/img/default/it.png)
Utilising just 41.4% of Britain’s empty homes could house the homeless, according to research by estate agent comparison website, GetAgent.co.uk. Shelter estimates...
24 December 2019
From: Breaking News
![Nearly 200,000 annual movers are ‘last-time buyers’, IMLA reports](/img/default/it.png)
Over-55s now make up nearly 200,000 owner occupier housing transactions in England each year, according to the latest study from the...
11 April 2019
From: Breaking News
![Overcomplicated language dissuades people from switching mortgages](/img/default/it.png)
Across the UK adults are signing away the biggest financial contracts of their lives without fully reading or comprehending them, new...
04 July 2018
From: Breaking News
![Over half a million households at risk of negative equity](/img/default/it.png)
Half a million households would be at risk of negative equity if there was a drop in the average UK house...
15 February 2018
From: Breaking News
![UK household wealth rises to over £10 trillion](/img/default/it.png)
Research from Lloyds Bank Private Banking shows that the total household wealth in the UK reached an estimated £10.5 trillion in...
16 August 2017
From: Breaking News
![Research reveals strengthening house price sentiment](/img/default/it.png)
The latest House Price Sentiment Index (HPSI) from Knight Frank and IHS Markit has revealed that households throughout the UK perceive...
24 February 2017
From: Breaking News
![Mortgage affordability on the rise as rates remain at record lows](/img/default/it.png)
Mortgage affordability is increasing for first-time buyers, home movers and remortgagors, according to the latest index from Mortgage Advice Bureau (MAB). The...
01 February 2017
From: Breaking News
![Housing sentiment holds strong despite uncertainties](/img/default/it.png)
Housing market sentiment remains strong with most owners optimistic about the future despite market uncertainties, new research shows. Households in all UK...
23 May 2016
From: Breaking News
![North/South property divide widens](/img/default/it.png)
The North/South divide in house price expectations has now widened to record levels, new figures show. Households in all UK regions perceive...
22 February 2016
From: Breaking News
![Ability to buy a home improves](/img/default/it.png)
The ability to buy an average home in England and Wales improved everywhere last year except in the South East. First-time buyers...
22 February 2016
From: Breaking News
![Flood checks set to be standard for property purchases](/img/default/it.png)
With the scale of devastation from flooding witnessed recently, anxiety about purchasing a property in a flood risk area is heightened....
16 February 2016
From: Sponsored Content
![Household debt soars in last six months](/img/default/it.png)
A steep rise in debt since last summer 2015 has put more households under financial pressure, new research shows. Income and saving...
14 January 2016
From: Breaking News
![Serious rent arrears at three-year high](/img/default/it.png)
A growing number of tenants are now seriously behind on their rent, new figures show. The number who were more than two...
08 January 2016
From: Breaking News
![Repossessions plunge as North-South gap closes](/img/default/it.png)
The number of home repossessions fell 45% across England and Wales over the last year as the economy recovered. The gap between...
04 December 2015
From: Breaking News
![Remortgage surge drives housing market](/img/default/it.png)
A dip in the number of mortgage approvals for house purchases in September was offset by a sharp rise in remortgaging. The Bank...
30 October 2015
From: Breaking News
![Latest drop in repossessions masks hidden threat](/img/default/it.png)
Repossession rates have fallen to another new low but brokers warn that will quickly reverse when interest rates finally start rising. Repossessions...
14 August 2015
From: Breaking News
![House price sentiment holds firm despite rate threat](/img/default/it.png)
The house price sentiment index in positive territory for 28th consecutive month with households in all UK regions saying property prices...
27 July 2015
From: Breaking News
![Prices in UK cities to rise 10% this year](/img/default/it.png)
House price growth in the UK's leading cities is set to hit 10% this year as the market recovery continues. The Hometrack UK...
24 July 2015
From: Breaking News
![Mortgage market set for long-term decline](/img/default/it.png)
The mortgage market could go into a sharp long-term decline as elderly people pay off their home loans while younger people...
23 July 2015
From: Breaking News
![Remortgagers dash to raise cash](/img/default/it.png)
Almost one third of borrowers who remortgaged in May increased the size of their mortgage to release cash for spending or...