Majority of buyers find the process takes longer than expected with some being left homeless

21st September 2017

Almost three quarters of people who bought a house in the last 10 years say the process took longer than expected with many being left without a place to stay before completion, research has found.

Home buyers wasting £370m from brokers ‘double dipping’ over mortgage fees

21st September 2017

Home buyers wasted £370m on their property purchase last year due to mortgage brokers “double dipping” on fees, it has been claimed.

Sales values in annual decline for first time since financial crisis as transactions fall

21st September 2017

The value of transactions in the major towns and cities of England and Wales fell for the first time since the midst of the financial crisis, the ONS says.

Surveyors down-valuing are causing more transactions to collapse, says Bank of England

21st September 2017

Increasing numbers of transactions collapsed in the third quarter as surveyors down-valued properties, the Bank of England says.

Allsop achieves record sale at its September auction

21st September 2017

Against a backdrop of weak post-summer auction results elsewhere in the UK, Allsop raised £71.3m and topped its residential September sales records that had remained unchallenged since 2008.

Landlord fined over £200,000 for endangering lives of tenants

20th September 2017

A landlord who endangered the lives of his tenants has been successfully prosecuted and fined more than £200,000 for failing to comply with HMO regulations at Westminster Magistrates Court.

Generation Rent hit by ‘rising house prices and low interest rates’

20th September 2017

Renters in London face a five year delay in buying a home of their own if they leave savings in cash, due to record-low interest rates, fresh research shows.

First time buyers seem unaware of shared ownership opportunities in the UK

20th September 2017

Home buyers, especially those looking to purchase their first property, appear to be unaware of shared ownership options with the number of sales in the sector falling across England and Wales.

London sluggish but England and Wales price average nears £300,000

20th September 2017

The latest data from Your Move reveals London as still being the area of England and Wales with the lowest house price growth – 0.7 per cent on an annual basis.

Properties near top state schools in England cost an average 45% more, research shows

20th September 2017

Homes near top state schools in England have an average house price of £415,844, some 45% higher than the average across the country, new research shows.

Most people in the UK expect a housing crash, some within a couple of years

19th September 2017

Confidence in the future of the housing market is wavering with more than half of British believing that there will be a crash within the next five years, a new survey shows.

Buy-to-let investors in prime central London fall by a third

19th September 2017

The number of buy-to-let investors in prime central London fell by almost a third, Land Registry data has shown.

Parliament to debate rent payments being added to tenant’s credit score

19th September 2017

Private tenants who pay their rent on time could soon see their credit rating boosted in order to make it easier for them to gain a foot on the housing ladder, after it was announced that parliament will debate the idea of taking rent payments into account when people apply for a mortgage.

UK buy to let investors slipping down European league table

19th September 2017

Yields from buy to let in the UK are now amongst the worst in Europe according to a new league table drawn up by an international payments company.

Which? warns BTL borrowers could be rejected for mortgages

19th September 2017

Consumer group Which? is warning that buy to let investors with multiple properties in one locality could risk being turned down for future mortgages under the restricted guidelines being introduced in two weeks’ time.

First time buyers and home owners could face increased mortgage costs this year

18th September 2017

Over two million first time buyers have bought a home with a mortgage since interest rates fell to an historic low of 0.5% in March 2009 but experts are warning that could come to an end as a rise in rates is becoming increasingly likely.

More tenants face eviction and rent arrears due to universal credit

18th September 2017

Delays in universal credit benefit payments for housing costs are leaving claimants unable to pay rent and pushing some deep into debt, a committee of MPs has heard.

Here’s how much it costs to run one lettings property per year

18th September 2017

New figures assembled by the Nationwide reveal precisely how much, on average, it costs to operate a privately rented property.

Tenants paying more as annual rate of rental inflation rises

18th September 2017

New rents rose 2.4% across the UK in August on an annual basis.

No autumn bounce in asking prices as London and south drag down market

18th September 2017

Asking prices of properties coming on to the market have fallen by 1.2% – meaning that the usual autumn price bounce has failed to materialise.