News Archive

While the there is no denying these are tough times, ‘sensationalist headlines don’t help anyone’, says estate agent

Mortgage defaults surge 30% in three months, and lenders warn they are likely to rise further due to rising borrowing rates

Michael Gove wants heavy fines and even disqualification from FCA and RICS for those found to be taking so-called “secret commission”

Two-year and five-year swap rates dropped yesterday, after weeks of rising

Last month it took 15 days on average between a buyer registering and them making their first offer on a home, the longest time recorded in any June since at least 2014

The trading backdrop has become more challenging in recent months

With transactions taking typically five-six months to process and a one in three failure rate, the industry is suffering from a distinctly slow moving sales cycle

New consultation will run for 12 weeks

Buyer numbers and agreed sales were down month on month, and expectations for pricing remain negative, new figures show

Agents give their views on the speed (or lack of) at which property transactions are progressing and why this may be, among a host of other issues

Winkworth shares dropped 14% yesterday morning after the estate agency warned 2023 profit will fall short of market expectations as housing market continues to slow

Data from conveyancing quotes indicates completed sales values in 3 months’ time

The Department for Levelling Up, Housing and Communities has been criticised for handing back to the Treasury £1.9bn of the department’s budget it had been unable to spend

Stalwart of the UK property industry passes away at 82

The Bank’s latest data underlines the challenges which many private landlords now face

The annual State of the Lettings Industry report will analyse the opinions of thousands of industry stakeholders, including agents and landlords

This latest product is designed to help simplify property transactions by automatically collating data from a wide variety of sources

The owner of the high street estate agency has been punished for providing renters with substandard living conditions

Record pay rises likely to trigger half-point interest rate hike within weeks

The Money Saving expert says there is no guarantee that interest rates will go down to those super low levels