Spike in demand for interest-only mortgage products
This increase coincides with the announcement of the Mortgage Charter by the chancellor Jeremy Hunt in June to support borrowers struggling to meet mortgage repayments
News Archive
Car smashes into vacant estate agency after police chase
The main part of the building that the car crashed into has been boarded up
Howden continues expansion with major acquisition
The insurance broker, which last year acquired SPF Private Clients, has expanded further
Property industry reacts to latest house price data
House prices appear to be adjusting to ‘more sensible levels’
HM Land Registry provides time-saving tip to speed up applications
HM Land Registry is keen to reassure readers that there are viable options available for those needing to speed up the time to process applications and reduce delays
Comings & Goings
Snippets of industry news: Knight Frank appoints new lettings head maternity cover; LRG makes senior promotions; Iona Reid joins Bridge Help
HSBC offers its first 40-year mortgages as first-time buyers seek long deals
Increasing interest rates make it harder for some prospective buyers to afford a typical 25-year deal
Belvoir completes acquisition of two firms
The acquisitions were anticipated to be immediately accretive to earnings
UK home sales in 2023 will be lowest in a decade
House price growth has slowed rapidly over the last year as demand weakens in the face of higher mortgage rates
Mortgage lending slump continues as borrowers avoid new affordability test
Mortgage lending activity has dropped by almost a third
UK government reveals proposed planning reforms to boost housebuilding
Government says attempt to tackle planning backlogs form part of wider commitment to build more new homes
Propertymark extends conference season
Across September, October and November key locations across the UK will play host to speakers and industry suppliers
Wannabe estate agents compete to sell ‘super houses’
Selling Super Houses: an estate agency job is up for grabs
Police told to start arresting landlords who illegally evict tenants
The new guidance has been drawn up between Scotland Yard, the mayor of London, Sadiq Khan, and renters groups including Generation Rent
Homeowners left out of pocket after long delays at UK Land Registry
Latest figures from the Land Registry reveal that it is taking almost two years for some applications to make changes to the register to be completed
More than 100 people attend sell-out event for self-employed agency
Existing estate agents were on-hand to answer any questions
Suspended sentence for estate agent found with 88 bags of cocaine
Cameron Idrees was stopped by police for not wearing a seat belt, and found with cocaine worth £3,300 and £2,000 in cash
Spicerhaart ‘well placed to deliver growth’ despite tough market conditions
Spicerhaart executive chairman Paul Smith says the company is focusing on ‘building a more competitive and resilient business’
Homeowners say tech can speed up home buying process
Many estate agents have already adopted a digital approach to client verification