Gross mortgage lending in September saw a reduction of £2bn from August, figures published by the Council of Mortgage Lenders (CML) show.
Growing housing demand and a general shortage of new homes being developed, has helped to push up new homes prices across many parts of the country, particularly in London
There are approximately 2 million people in the UK who have used their property to finance retirement, new research suggests.
In the three months to the end of September, sales revenue was £12.2m compared with £18.5m in the same quarter last year.
The buy-to-let boom of recent years has fed the stereotype that Britons are obsessed with property
Ireland is reversing a policy that prevented private landlords from claiming full tax relief on their mortgage interest.
Sales volumes across the UK plunged year on year this summer.
Liverpool’s Royal Liver building up for sale
The UK inflation rate climbed to 1% in September from 0.6% in August, figures from the Office for National Statistics show.
Bedrooms in HMOs will have to meet a minimum room size of at least 70 square feet for one person or 110 for two under proposals introduced by the government today.
Some 440,000 basic-rate tax payers will be forced into a higher tax bracket from April next year once planned changes to landlord taxation comes in to force, according to the National Landlord Association (NLA).
A legal firm claims up to 70 per cent of eviction notices issued could be defective, leaving agents and landlords open to delays and rental losses waiting for new ones to be issued.
The outgoing chief executive of campaigning charity Shelter has used the pages of a left-of-centre website to claim that “an estimated one million private renters have been victim of law-breaking landlords over the past year.”
The average house price in London is now £484,700 – over twice the national average – and property in the capital priced under £120,000 is on the verge of extinction according to research
There has been a crash in the super-prime sales market – classified as homes valued at above £10m.
With London losing the number 1 spot to Paris
The price of property coming to market has risen by 0.9% so far in October, the Rightmove property index has found.
The shift follows consecutive falls in the price of property during July and August.
Retired homeowners have withdrawn an average of £6.8m of property wealth through equity release so far this year, according to new analysis from over-55s finance specialist Key Retirement.
Countrywide forecasts that next year, for the first time, more homes could be let than sold
On average, deposits have increased by £5,000 year on year across England and Wales, says conveyancing firm My Home Move.